themoneyman80

themoneyman80

Still moving, so I will have more room to run before it comes down, looking for a start at 162.

themoneyman80

A simple practice, from a basic 101, stands out as the chart pattern has told us numerous times, the last candle, the overbought areas to reconcile all this and more expect a correction.

themoneyman80

This area's massive volume and liquidity could be retraced and pushed to higher levels. The candle shows signs of reversal or what to look like; this could be a pause in its pursuit of 200 before the next run-up.

themoneyman80

The oscillators are waiting for a breather and a break. This is going to break the mid-90s if the bearish sentiment gets louder. The tech sector, specifically AI, has helped with bullish conditions in the market. Technically, this has more than enough room to continue even lower.

themoneyman80

Maximum overbought levels, from oscillators to indicators to chart patterns, a run below 10% might be unusual under current market conditions. Still, from a T.A. perspective, the impossible downward move isn't.

themoneyman80

The volatility seems to be returning, and the overbought levels, with a negative histogram, could soon turn. Still, with the sideway movement since November last year, it will be difficult to break away unless we have a significant catalyst.

themoneyman80

With the oscillators all bearish, the trend line still serves a purpose that it could bounce from; even though it has been a bullish month so far in general, it could go down to 374, but a lot of liquidity at 380. Bearish sentiment, in a retracement.

themoneyman80

Since the high move and the downfall, the central line could mean the stock is still repositioning itself and has yet to find the outcome of the direction in which it is confident. The stochastic RSI is centrally located, and the MACD, even though a bearish run has crossed over, short-term EMA and other oscillators and indicators seem bullish. Still, it's 50-50 in...

themoneyman80

With central oscillators at resistance and overbought levels, this could be a retrace by 5% to 21550 or around that area. The only lack of confirmed bearish sentiment is MACD and H.A. Otherwise, the chart patterns could form a plot to continue higher to the 22000 mark, but that comes after a much-needed break.

themoneyman80

This has a substantial short float but also 3/4 of insiders. The chart is primed and continues to get good numbers minus the previous earnings to report. The up-to-date guidance is above expectations and should see this rise much faster. From mid-20 to 17, there isn't much to ask, considering the length of time stochastic has been hovering at resistance.

themoneyman80

With the candle from the last session and the overextended overbought positioning, a retrace to 19 is a reasonable feature that could prove crucial.

themoneyman80

42-44 region of a correction at a time of a retrace. RSI is turning over at resistance. The only oscillator yet to indicate a bearish move is MACD with H.A.

themoneyman80

Oscillators are not ready to reset, not OB or OS, but more neutral. The only chart pattern is the higher lows, but a squeeze is coming in even though the histogram is fizzling out, I am an avid supporter of 246-250 based on indicators.

themoneyman80

With other major indicators backing this move, the 2 candles (last 2 sessions/Daily) have a sense of bottom before the push, but others seem to be lacking and not everything is adding up to obtain that sustainability and insurability that this can bounce from here even a slight move up can be proven as false.

themoneyman80

As previously suggested, the charted course changed significantly with central geopolitical and selling pressure based on catalysts surrounding inflation fears; I feel that this discourse is similar, maybe with a hint of differentiation 21500

themoneyman80

After the bounce into buy territory, sales haven't reset entirely, and we anticipate a further drop in the region of 1650-1700.

themoneyman80

Oversold levels on many oscillators, including one followed closely and stochastic, the trend pattern hasn't broken so far, and consolidating at this level on support with many indicators confirming this move, it will indeed move north to or target the 975 level.

themoneyman80

With crossover on averages, ema, SMA, short, long, stochastic at the oversold level, Heikin confirmed, as is MACD, and 200-100 will take time, but certainly has room to run from the recent amount of consolidation.