Jigstack

Jigstack Apr 15

This melt-up is approaching resistance, and the symmetry on the chart is compelling. It could set up a great short opportunity as gold consolidates ahead of its next major move higher, likely in 2027. However, if it breaks out of the current channel, we could be entering a true melt-up phase — and there's potential for significantly higher prices.

Jigstack Apr 5

Favoring a bounce Monday followed by a steady selloff. If we break 5000, we should see another leg down to 4700.

Jigstack Aug 1, 2023

MASSIVE wedge breakout on monthly with a backtest. Most recently i saw that BlackBerry announced an EV partnership with Foxconn’s Mobility in Harmony (MIH) Consortium. Sounds good long term.

Jigstack Sep 14, 2022

Market looks like it could see a big move into Q1 2023.Based my ranges we could see 800-1000k in either direction

Jigstack Sep 12, 2022

Approaching 4 hr resistance/backtest of the broadening formation around 22937. We could see a pull back here back down to 21k unless the bulls decide to push. Could see as high as 24.9k on the upside.

Jigstack Aug 18, 2022

The merge news (although bullish long term) may be a sell the news event for Ethereum.

Jigstack Jul 11, 2022

Perhaps inflation is peaking. Given the upcoming resistance around 119 on DXY I suspect that this blow off top acts similarly as it did in the past.

Jigstack Jun 15, 2022

19,500 looks to be a critical level on bitcoin that needs to hold on daily and weekly closes. Below that, i can see us testing 13,500 and potentially as low as 6.5k. If the 19.5 level holds, it's entirely possible that we consolidate between 19.5 and 27k until mid August before making the next big move

Jigstack May 9, 2022

This long term support hasnt broken yet so its more likely that we bounce here but a weekly close below 2038 will lead to a larger selloff. 5 dollars post split?

Jigstack Apr 5, 2022

Note the first consolidation and where the moving averages were relative to now. Back then we had all of the moving averages crossing over the 200MA, similar to today. Looks like a breakout is imminent. If bull run starts, looking for 800+ this summer.

Jigstack Mar 24, 2022

Weed stocks are having a great week so far and I don't think the fomo has kicked in yet. SNDL is breaking out on weekly into the new channel and can squeeze higher above a dollar. I think this will continue running into month/quarter end and potentially 5-7+ dollars into Q2. This entire sector has been beaten down for years as money has shifted into tech and...

Jigstack Mar 14, 2022

I'm favoring more downside as we are still in a downtrend. Although, given the events this week, we can also see a strong reversal above curved red downtrend line

Jigstack Mar 12, 2022

Ripple has been forming a cup and handle this entire bull cycle and hasnt really done anything. Big breakout incoming. Just picked up a bag

Jigstack Mar 2, 2022

Target would be 50MA on the weekly chart as it is still rising. If they break the channel to the downside though, all bets are off and AMC could retest the wedge breakout at 4 dollars (UNLIKELY)

Jigstack Mar 2, 2022

I think if we close the week above 40k, bitcoin will push to 60k into the fed meeting. Right now, it looks like a failed breakdown on the 4hr

Jigstack Mar 1, 2022

potentially bullish setup on gold futures. I see this running to 3k by july 2022 above 2089. if you believe russia and inflation worries are just starting this might be a good hedge.

Jigstack Feb 17, 2022

Currently at the channel midpoint. would be reasonable to assume the midpoint breaks and we test he bottom or do something similar to march 2020. target on downside would be 510.

Jigstack Jan 11, 2022

Potential triangle/inverse head and shoulders forming as well as weekly bullish divergence. These sort of stocks like to run while the market is choppy which i expect into March. Breakout above 80