gmurugneux

gmurugneux

Clear diamond pattern. If it breaks out, I except bull trap at the bounce at 4075 and then 3980 will be the next potential level of support

gmurugneux

Inverse head and shoulders. Rejected the neckline, wait for a clear break out of the 775. Crossed up the 20ema and when TSLA does this it tends to go ballistic. I would see it run to the area of resistance of the 20ema. In addition to that DMI is bullish right now

gmurugneux

Strong weekly trendline, could find support on this trendline

gmurugneux

Simple flag, simple trade PT1 seems very possible however I don't think PT3 is realistic. I would say max pain would be PT2. Pure technical - Not fundamental

gmurugneux

If bulls hold the 350 level then I don't think this scenario will occur however if they don't then: Potencial scenario Because of weekly rejection of the 50MA + confirmation of a hammer candle, I expect the market to dump to the next support, the 100MA, and trend line at ~325. It will hold the support and go back to the 350 level however bears reload and...

gmurugneux

Gold is forming a bullish pennant . As a PT, I took the lenght of the run before the pennant and copied it at the potential breakout point. However, it could breakout the other way. I think it will mostly depend on the macro situation.

gmurugneux

Most of the time, Tesla fills its gaps, as seen in some examples by the blue rectangles. There are two gaps, as seen the orange ractangles. TSLA rejected the 50ema which is bearish. I think TESLA will fill its two gaps and find some support at the 200MA and the support line. This is a technical analysis only

gmurugneux

With that death cross + head&shoulders patterns, the spaceship is going to the moon

gmurugneux

Pure technical standpoint Formation of a head and shoulders pattern has formed. Head and shoulders pattern indicate a potential reversal to the downside.

gmurugneux

Pure technical standpoint Formation of a "Rising wedge" + hitting strong resistance. RSI forming lower highs

gmurugneux Updated 

What's bearish: - Rising Wedge pattern - Rejection of the 200MA - A decrease in volume in the last 2-3 trading days - Bearish divergence (red line) - Falling wedge pattern on the VIX (image in the comment) This is a pure technical standpoint, it has nothing to do with fundamentals or the market sentiments Me: Hello I started with stocks 1 year ago. After...

gmurugneux

What’s bullish: - Filled the gap - Bullish divergence - Bounced off strong resistance line transforming into support line - Bounced off strong support line since May - Earnings approaching What’s bearish: - Still under 50ema - Overall sentiment for Fintech is bearish at the moment Me: Hello started with stocks 1 year ago. After analyzing many charts I have...