Tracking 3 bullish trends on GME 15 MIN. a Bull Flag, Cup & Handle, and an Inverted Head and Shoulders. Lets see how this plays out. If we use the FIB EXT as a gauge we could see a bounce to 17.80 on the 15..
Just wanted to point out that GME has now reached the end of this massive falling wedge on the WEEKLY. A breakout of this wedge could be absolutely massive to the upside. Also, the last time the Ultimate RSI was this low, shortly after we seen a 155%, $19 to $50 spike in just 14 days. With new legislation for reporting short positions and the pressure on the...
We can see a massive Textbook Bull flag on SPY Daily chart with a falling wedge. When we pair this with a Fib Extension and the falling wedge breakout we could see 515ish all said and done. Please keep in mind that this is a daily chart.
Tracking this Head and Shoulders on the 1HR. If this breaks down we could see 18 real quick.
When we take a closer look at the breakout of this flag on the daily, we can see that SPY has 3 gaps to fill. The first being 442, then 431, then the final gap at 424. I expect these gaps to fill in after SPY tappers off around 559 ish if not sooner. Gaps should fill within the next 90 to 120 days before we move back up for the spring summer run of 2024.
Can't believe this is the first time I'm seeing this massive falling wedge on GME. If we take a look at the RSI as well as the Fib extension, this breakout could bring GME back into the 80s, and the second golden pocket sitting pretty at 201.00. I would keep a close eye on this one. Could be an easy 5 bagger from here.
We can see a very prominent triple bottom on the Daily. Also when looking at the Ultimate RSI we can see that GME is ready to run. We could easily see a 50 percent gap up if and when this does melt up.
Looking at a textbook descending broadening wedge on the 1hr for GME, a breakout of this wedge could bring an easy 5 to 10% gap up.
A breakout of this falling wedge could shoot SPY back into the 450s to fill the gap on the 15 and the 1hr.
We can see a pretty nice example of a double bottom on the 15 with just over 4 weeks before the next witching. The next few weeks should be pretty interesting.
The 15 min is showing a text book bull pennant. Possible breakout.
Pretty big cup and handle on the 1hr. A breakout out of the handle could bring 20s into BTCs near future
We can see some movement within the falling wedge on the 1hr with a cup and handle forming on the 15! Keep an eye out on for a breakout on both.
Every time RSI breaks below 30 we see a reversal and a 50 to 150 percent gap up. We just broke below 30 on the daily and at the end of a falling wedge. With the next swing block sitting up at $40. All the factors are saying this is about to squeeze again.
Looking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
A breakout out of this Symmetrical triangle could drive GME back into the high 30s possibly 40s not to mention witching just around the corner.
Tracking a possible Cup and Handle on SPX 15 min, Using a fib retracement and an extension we can see a crabwalk for most of today with a breakout up into the 4030 ish range within the next 24to 48 hours. Also a pretty big AM gap t fill between 4010-4020
Tracking this Ascending broadening wedge on XRP 15 min and a break down of this wedge could be pretty substantial. Proceed with caution and make sure stops are in place because if this does spill it's going to drip rather quickly...