Apple is perhaps the most interesting on this series of charts of big tech. Apple can be considered a value stock (or close) with a PE just over 15 at 17. It has historically shown some conflicting divergences on this monthly chart, with several bullish divs that played nicely into RSI blowoff zones. It has a similar setup now. Candle structure wise Apple looks...
The NDX has punished macro divergence traders -- aside from perhaps small moves. Let's see if it proves to be yet another punishment here.
Amazon has not been as fruitful with bearish divergence on a monthly scale as Netflix, but it is showing an unconfirmed divergence -- ahead of its FANG rival. I don't currently have a position here but it entices me. Calling tops is hard.
Netflix is great. I love the company, service, etc. It's over-valued. Several major corrections to Netflix have shown very clear bearish divergences on a monthly chart that can aid one when trading on a macro scale. There is no current divergence on this scale -- and while I actually think we could see further correction here, the better "tell" would be for...
This is highly speculative, and I mostly want to be able to hit the Play button in Trading View in a few months to see how this played out. The diagonal is really clean, and I wonder if ETH USD can follow with a new ascending triangle like the one last year. It would culminate in early summer.
Ethereum is entering a zone of support, though it is quite large. If it makes it below .07 I'd be pretty surprised. Note the horizontal price action from last summer and fall (highlighted with the rectangle). Also, the VRPR indicates the high volume price levels that should indicate support. Finally, I show the daily Kijun with doubled settings which we are on...
QRL (Quantum Resistant Ledger) got dumped hard when a team member (lead dev) went against them. They publicly acknowledged what happened in a July 28th blog post, causing the dump. It found a new floor, and they've since rebuilt and added to their team. Development and communication channels are active. This update caused the spike you see that has since...
Wanted to start sharing some ideas publicly. This is my first one :) Patientory had a breakout today and looks like it's starting new flat bottom consolidation with .000075 as new support. Maybe in a few days we'll see whether it can sustain an upward trend. My short term target is around .0001.