Well didnt get my pullback, But im in calls, I think we are going to keep breaking structure to the upside and retrace to 1060 area.
BABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore. Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside NASDAQ:PYPL , with a chance of it retesting $84 in the future.
Another choppy day, ended up near breakeven on the day after 2 trades. I don't mind having a breakeven day, much better than a losing one.
Super Micro Computer began the year by more than quadrupling. Now, after pulling back for two months, some traders might expect further upside. The first pattern on today’s chart is the falling trendline along the closing highs of March and April. The maker of AI servers is now trying to push back above that resistance. Next, MACD is turning higher and prices...
BITF at the bottom of the channel. Similar Price action last halving, except this time we saw a lot of BTC growth prehalving, so expecting movement to come soon. Long term target around $14, expecting to occur sometime around March 2025
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.
Boeing has been falling since the beginning of the year, and now some traders may expect the downward trend to continue. The first pattern on today’s chart is $183.14, a weekly close from April 5. BA challenged that level on May 6 and 14, but each time closed below it. That may suggest that resistance is forming. Next you have the large bearish outside candle on...
If you would like to be notified whenever I post a new article, just click “FOLLOW” at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help. Will Gamestop's ascent continue? After being dormant for a long time, the meme title craze is back in action. GameStop...
In this chart, it is pretty straight forward. I saw a similarity in the patterns highlighted. Maybe I'm just looking too hard. Though if you were to assume the same move on a different skew It lines up really well. I know you can take bars patterns, I really wish you could skew those bars patterns on an angle. It is what it is, look forward to the price action...
My First Idea here, I would like to think of it more like an intuition vs. technical analysis. MNY has made some patterns I noticed especially like around 24th-25th of a month, entering a consolidation area for 2-3 weeks (1.88$-2.00$). waiting for an up trend breakout to exit my position. Facts on MNY: NASDAQ Listed Positive performance & earnings Low...
Meme season has just began. Plan on selling in 15-20 days. Let's see what the waiting will come down to. I expect at least one more move like this.
A bearish divergence in volume refers to a situation in technical analysis where the volume of trading decreases while the price of a stock, currency, or other asset continues to rise. This scenario suggests that the upward price movement is losing momentum and may be nearing a reversal. In traditional technical analysis, volume is often considered a confirmation...
Based on a bull baer power indicator of "push/pull" type; after I edited the dimensions of the indicator for volume instead of moving average I found BRK.B new to always be Bearish. Unlike BRK.B NEW, the BTC indicator had bearishness many years ago and since is Bullish. Too bad I can't overlay to different charts to show each individual indicator representing each...
On the above 10 day chart price action on this penny stock has corrected 98% since February 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Past resistance confirms support. (yellow arrows). 3) Regular bullish divergence. Multiple oscillators print positive divergence with price...
We saw our weekly target hit yesterday, I have a hunch as on the Daily we are constantly going back to the middle of the range that bsl of some form is in the eye of the market before we would want to move down. I ask myself.... Why would we want to go all the way back (weekly ssl level) if we have been here and raided Sell Stops... If I was the market I would...
FFIE | Faraday Future Intelligent Electric | idea | key levels NASDAQ:FFIE Each line is important of xd-Band12 good if closing and opening above $1.8
Reasons for bullish bias: - The price has broken the downtrend trendline - An entry at the lower highs (LH) breakout will provide further confirmation - Currently, the price is in a consolidation phase Here are the recommended trading levels: Entry Level(Buy stop): 30.18 Stop Loss Level: 25.26 Take Profit Level 1: 35.1 Take Profit Level 2: 40.02 Take Profit Level 3: Open
Hi, I have entered SLNA on the bases we may see a short squeeze in the market which will result in a good size spike up. This is a HIGH risk investment, but may pay off. Good luck if you join. NYSE:GME NYSE:AMC NASDAQ:FFIE NASDAQ:SLNA