Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
price can reach 82.28 if it trade above the 79.79 resistance area
Looks like bullish movement is starting up slowly momentum is catching up
QQQ - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell QQQ Entry - 451.77 Stop - 460.12 Take - 437.86 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AMEX:XBI Firstly, I may have an unhealthy attraction to this ETF. I have been in and out of this ETF a number of times over the last few months and overall, just a few $ profit. Having said that this has been basing Since January 2022. The longer the base the bigger the break, or so the Wall Street Axiom goes. It did breakout in February 2024 and quickly failed...
My dear subscribers, SPY looks like it will make a good move, and here are the details: The market is trading on 529.43 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 519.19 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
My dear followers, This is my opinion on the TESLA next move: The asset is approaching an important pivot point 177.57 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 174.77 About Used Indicators: For more efficient signals,...
The miners have had an absolute face ripper rally over the last few months pending an ETF approval, which was finally received. Perhaps not as well as some may have thought. Due to popular request I have created some zones for where I believe RIOT will likely pullback to after a nice impulse move. Now RIOT is a bit different from MARA in the case that the .618...
Sentiment seems to be that the cycle top is in. I disagree. The bitcoin ETFs are now opening up Bitcoin exposure to hedge funds and asset managers managing trillions of dollars, You have to ask yourself at this point, what is the likely hood that bitcoin has topped before the halving and now ETFs have opened the flood gates. I think very unlikely the bull market...
STAA even with strong fundamentals is still bearish territory its in a bearish trend and only breaking above 60$ mark is a confirmation of a bullish reversal Until then just keep watching it slide :)
The recent price action on the NATGAS pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Nvidia stock continues to rise, and the price is on its way towards the resistance level of 960.55. Rising to this level and stabilizing above it will touch the high new level, like around 1000.00. also will undoubtedly not be without correction. Alternatively, traders should be aware of any correction after reaching the 960.55 resistance. Also, staying below the...
As of the middle of February HOOD broke out from a 2 year long Trading Channel and immediately began to form a 3 month long BULL FLAG Formation that as of this past Friday February 17th it broke out from closing at $20.09 for an increase of $2.19 or 12.23%. Their recent quarterly Financials were also very good for the 5th quarter in a row with the Earnings Report...
On the chart it's gone up 7 points in 7 weeks or 49 days. After rising for 14 days. A possible delay to June is something to consider.
We broke down below the trend channel (green) and the gap has been filled (yellow). This continues to be a short until we test the base channel around $13-15. If we break below the base channel then this trend is likely over and a new downtrend will form.
Arcutis Biotherapeutics Inc is a medical dermatology company. It is developing treatments for patients with immune-mediated dermatological diseases and conditions. It is leveraging recent advances in immunology and inflammation to develop differentiated therapies against biologically validated targets to solve persistent treatment challenges in serious diseases of...
WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. This is not a financial advice! Weed related company - Sector is hot right now. Rel. Vol on 03/23/2024 at 3.59 We need to stay in a bullish overal sentiment of the market. If we see a corretion, this...
bluebird bio Inc is a biotechnology company engaged in researching, developing, and commercializing potentially curative gene therapies for severe genetic diseases based on its proprietary lentiviral vector (LVV) gene addition platform. The Company operates in a single segment, focusing on researching, developing and commercializing potentially transformative gene...