The negative divergence is very clear, the support of MiddleLine Channel is also broken, the blue cloud, which is a personal indicator, is also broken, there are many reasons to lower the price, be careful
TSLA on the 120-minute time frame has finished off an inverse head and shoulders pattern with the bottoms on January 26 February 6 and February 14 respectively. Price rose above the neckline at 197 and appears to be trending to retest it. My target is 220 which is the 0.5 Fib level of the prior immediate recent January trend down. The relative strength fast...
On a daily chart, the price action of TSLA is shown to be in a descending channel. An indicator has been added to show the strength of various symbols as compared with QQQ the broad ETF tracking the NASDAQ 100. TSLA is doing very poorly but better than FSR and XPEV which are performing poorly but comparatively okay compared with TSLA. Of the symbols on...
on the 15- minute gaining 4.6% in the Monday trading. The chart shows price crossing through the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper boundary with a retest the following two mornings and then separation from the high volume area after that. Trading volumes have been consistent and constant with spikes after...
WM is impending earnings in the next trading day. It is a demonstration that there is money to be made in the efficient collection of garbage and recyclables On the daily chart, since the earnings beat, it has trended up through a high volume area breakout and a breakout across series of VWAP lines and bands anchored in the intermediate past. The volumes...
On this 15-minute chart I have installed an indicator twice- to compare the relative strength of several symbols /stocks in its customization. One is set up for a 15-minute time going back 4 trading days while the other on the right 5 minutes with a lookback of only 30 minutes ( fully customizable). See comments in text boxes on the chart. I believe that...
Hello Traders, today I`d like to share the chart of "Bajaj Auot Ltd"., an Indian stock, that has risen since 08/23 in an impulsive move! What caught my eye, is the fact, that the stock broke out to new highs on Friday, after a consolidation in a rectangle above 7419! If this brekout is succesful, the stock should advance to multiple new high`s in the coming days...
KRRO is in the biotechnology space in the gene-editing realm. It is in portfolios of C. Woods . A recent analyst gave it an upside to 100 which is very favorable given its product line and track record with an all-time high of about $250 ( which is about 450% over current valuation) On the one-hour time frame, it has had a great week and is breaking out over...
GENK looks to be forming a really nice base. Crossed up above it's 20 and 50 EMAs. Could make a nice run as the mega cap profits roll into mid and low cap stocks.
stock breakout sentiment and its resistANCE LEVEL STOCK AT LIFE TIME HIGH LEVEL Industry Peers & Returns 1W 1M 1Y SUVEN LIFE SCIENCES 24.1% 52.1% 88.2% SUN PHARMACEUTICAL INDST 1.5% 7.5% 30.6% DIVIS LABORATORIES -1.3% 6.1% 13.7% CIPLA 2.9% 7.6% 23.1% DR REDDYS...
Bitcoin Im Mega Bullish! #Bitcoin After this ETF coming out everything changed the volume increased x2 the last time we reach 68,000.00$ marking a 25.1B Volume 24hours in Nov 2021, Now price is been traded around 62.2B almost 3x times bigger! Take your comclusions but im mega bullish for this! #ETF #BITCOINETF #GOLD #EURUSD #MOON #BULLISH #BULL
Small Cap Stocks AMEX:SPSM AMEX:IWM are ready to make some big moves. Take a look at this chart AMEX:XLG Mega Cap and the AMEX:SPY The S&P 500 have both broke near term resistance an imply a move upwards. AMEX:SPMD Mid Cap and AMEX:SPSM AMEX:IWM Small Cap stocks should follow. Lead Lag.
In these charts I show support and resistance levels for Mega Cap AMEX:XLG , S&P 500 AMEX:SPY , Mid Cap EGX:SPMD and Small Cap Stocks AMEX:SPSM . If the saying is true that some tides rise all waters we see that Mega Cap is leading the way and soon to follow should be the rest of the crew. This is what I am watching for in the markets today. If Mega...
Usually, you want a bull market to have breadth but on occasion things get quite over extended and even the weak stocks start to run. This is reflected in the market breadth and when it gets too high, it's time to start preparing for a correction
Standard Disclaimers: I am not licensed through FINRA, SEC, nor any other authority. This observation and speculation may be completely erroneous. It is not intended as financial nor as trading advice. CME_MINI:ESH2024 1 hour timeframe looks 66% likely to trend into a golden cross today. If it continues supported by hopes of a smooth landing, it may rebound to...
As we move outside the third standard deviation we're now watching for the price to move back inside the second standard deviation and complete a 123 formation on a small time frame I'll look for confirming signals on the 5-minute RSI while I'm watching for the 1 2 3 formation. this can often give us a very good risk-to-reward ratio with a very small starting...
Tezos (XTZ) is in a potential Wave 3 up move off the low it made a while back. The wave 2 pullback was nicely contained and now momentum on the daily chart looks primed to pop upward.
Did some work on breath indicators tonight and interesting how well the McClellan oscillator worked with divergence to find the bottom in the recent SPX sell off. From Investopedia: What Is the McClellan Oscillator? The McClellan Oscillator is a market breadth indicator that is based on the difference between the number of advancing and declining issues on a...