Looks like SOFI is possibly setting up for a breakout in the next 1-2 weeks. I am not giving any direction on which way I think it will go but I have plotted out possible levels of support/resistance that it could test in the near future.
Scenario 1: The pivot trend continue with a break out of consolidation and out of its current wedge. Scenario 2: The wedge breaks down and finds support on the prior trend Scenario 3: Consolidation continues and the wedge is broken to meet support and continue on a bull run Scenario 4: Wedge breaks down, support is broken, and a reversal in trend is confirmed.
Scenario 1 - Biggest thing to note is the cup and handle playing out on the larger timeframe. This is a more likely scenario bc it could utilize the .382 retracement. Although historically an ultimate rejection and retracement after a huge bull run gave us the .75 retrace. This would be scenario 2, a retrace to the blue fan line. This is an ultimate reversal...
All shorts aside, PROG is straight up a healthy company. TA shows a nice stair step in price action. Almost becoming easy to predict.
PROG - Still holding and using the 50% fibb as STRONG support
This a fairly long video on Ford Motor Company NYSE:F and the overall macro trends I see in its market. I am long on Ford and this is my bullish case-video and DD. I hope you enjoy! NYSE:F . This is also my first voice over video, so please be kind and let me know if there is ANYTHING you disagree with on the charting aspect of the video or otherwise. ...
Identified: 1. Falling Wedge 2. Ascending Rising Channel 3. Ascending Broadening Wedge 4. Levels of Support 5. Levels of Resistance
NYSE:F Most DD is posted as text on my chart. Please refer to the chart for a detailed breakdown. This post is meant to purely intrigue those who may be on the fence with Ford. Todays daily candle closed as what I consider to be a Hanging Man. This is a Bearish reversal candlestick pattern that is yet to be confirmed. This reversal may be apart of the Marco or...
Such an odd DOJI candlestick on the $F FORD daily contained above a gap up from the previous day. I know a DOJI needs to open and close at the same relative price for the day, but is it still considered a DOJI on a gap up? Please help!
Excuse my off-meta means of TA but this method has worked very well on $F stock.
Using some fibb tools, I am forecasting a new level of price action to start within the next 2-3 months ranging from $17-$20
I think DWAV will hit triple digits soon right after a dip to the 70's
Looking for a bounce off the 38.2% retracement line. I think we see a high of $3.5 in November