Break of the down trend resistance line could mean major upside or a small relief rally. Regardless, money to be made.
Nvidia approaching cluster support and bottom of bull channel. Expected bottom ~135. Of course, depends on a full on economic meltdown in which case we could go much lower. Not financial advice.
Splitit at previous bottom yet reporting record revenue for this quarter. ~100 mil market cap is low so don't think there is much downside left. Not sure if this thing will still move lower but I think the potential R:R of another explosion upward on record Christmas season revenue is too good to pass up. Can be 10x like previous moves upward. I have bought some...
Close to breakout of pennant. Could have an upside up to $24. Post mostly for my own records.
Looks like Silver is forming a decent pennant. Maybe forcing the shape a little but for the most part I think it's pretty good. Looking long. Publishing for my own records.
Cannabis legalization 2.0 should bring a bounce around the 0.786 fib. Market sentiment isn't particularly positive though so be careful!
Confident we have a bullish pennant on bitcoin. Ethereum is presenting similarly. My experience in crypto is that this usually plays out as a trend continuation but often you can get a bear breakout to the downside before a major rally. Definitely long, even if it breaks to the downside I have enough experience in this market to expect a rally.
S&P 500 is at previous high in a rising wedge formation. expecting to break to the down side. Short entered.
Hi all, Tesla had a nice bounce off long term support (Lime green line) but is still trending down in a channel. Upon touch of the red resistance line I am re-entering my short position after being stopped out for minor profit on yesterdays bounce. I will have a very tight stop above the red resistance in case there is a break of the resistance. If the red line...
Fizz is trading between Fib levels very nicely. There seems to a fair bit of bullish sentiment on Fizz and I am willing to bite but not yet. Waiting for a break of the current downtrend or for the price to move a bit closer to the 0.786 fib.
Long term uptrend broken. On last major price support level. Looking for a break of either the wedge resistance or red support to confirm direction. Tesla looking weak so expecting it to break to the downside but you never know. Will enter a short upon break of red support line or on a retouch of thick blue resistance and will enter a long if that blue resistance...
I would consider this a somewhat risky trade because the fundamentals of this stock makes me uncomfortable but Overstock is at pre crypto levels so unless the company implodes should be near a bottom. I expect a bounce off the thick blue support line which will possibly carry it to a break of the decline resistance. Trade carefully but I will be buying longs in...
NBEV has formed a major pennant. I am long but waiting for breakout to enter. Big gains if it breaks to the upside.