Bearish divergence on monthly candles, TD signals at 6, same as in Feb/March. As goes the nasdaq, so goes the whole market. We could make news highs, could be 2 more months up maybe...but for some reason, I kinda doubt it. Obviously I could be completely wrong.
GSX was shown to be a fraud by muddy waters (www.muddywatersresearch.com). The recent flat prices have given an excellent opportunity to buy puts. I expect a drop to around $50 where it might bounce. Long term, going to 0
Trump got covid and we are going down bigly. BTC is highly liquid and so will be liquidated fast. Maybe a resistance at the fib level shown and others
fasten your seatbelts, ladies and gents...it's gonna be a rough ride down tomorrow and next week. Limits down again?
This stock and company is garbage, portnoy is a fraud and this stock looks just like aapl and tsla. Setting up with a huge weekly bearish divergence on diminishing volume. Assuming last week's high was THE high, we need a bearish confirmation candle on the daily and weekly and the trend to start downward. However, since this is a bubble fueled by retail and...
A nice bounce between fib levels, expecting 400 to be the reversal point. Next leg down: roughly 285
Expecting liquidity crisis 2.0 soon with a market crash due to gamma squeeze down. SLV needs to fill its gap around 18, and gold will probably go with it. Crypto too. Stonks are wobbling like a boxer about to go down. We saw what happens when fast crashes happen (everything goes at once, down)
it doesn't take a genius to see that PENN is overvalued and overhyped. The DDTG hype/pump crew have come in and bought up shares, but without conviction. Huge bearish div playing out on a multi-month timescale. This won't end well
Looks like a descending wedge, which should break in the next few days. When it breaks, it'll be bad. Also sitting at fib support. I wouldn't be surprised to see an up wick tonight/tomorrow to 11300
Looks like the bear flag still in play, I expect it to break tonight or tomorrow and go down to ~240 which is also the 200D MA line.
ETH has seemed overheated for a bit, and since crypto is generally correlated with the market a broader selloff this week and next could cause crypto to crash too
Expecting a gap fill. If the triangle is right, a breakout of that would signify a downfall