If we're looking at the Solana meme coin space, Myro tends to move a bit behind WIF. Currently Myro has been in a slow but steady recovery, establishing higher levels of support. If we look at the charts and history, we're in the almost exact formation WIF was on January 8th price point wise and chart structure - also similar to where Myro was before it's...
The idea is on the 15 minute chart here- See also ideas for OBI, ACB, TLRY, and CGC Germany also is pushing full legalization. A new day is dawning? Several states are working on releasing minor offenders ( clemency and pardoning). YCBD is risky but the potential rewards are great. As for me, a fair position with a stop loss of 10% targets of 50%, 100% and...
GM on the weekly chart has ascended to the top of the high volume area of the long term volume profile. The predictive algorithm forecasts a bounce down from that level. The MACD indicator shows lines crossing over the histogram while the RSI lines are in the 60s about the same level as the market pivot in 2022. The Supply / Demand indicator has the...
FORD ( F) on a weekly chart is in a falling wedge pattern. Fundamentally, it is challenged by the EV vs hybrid dynamic, weak EV sales and the federal slowly ramping up MPG requirements as potentially rising gasoline prices affecting consumer decisions away from the gas consuming F-150 where the profits are the highest. Unless F can breakout of the...
GALT cross above 200 day moving average after a lengthy period of consolidation in tightening trading range. Cup and handle. Leading drug in a pivotal clinical trial for advanced cirrhosis. High insider ownership of shares Recent hiring of a renowned liver expert VP from big pharma
Price movements by Retail Traders, WHALES, and Smart Money. Whales and smart money are both the same. There is a division due to Money Power. Smart Money will include BULL-SHARKS, Small and Big institutions. Sometimes but does include Small Whale purchases. Does not include Retail Traders. However, some individual retail traders are also involved. Here is a...
LUV on a 120 minute chart fell heavily on news of a looming strike by flight attendants 18 % into a bear flag and support followed by a narrow range consolidation and a volatility squeeze which broke on news of the settlement. I LUV Sowthwest and its travel mileage perks and open seating. The NR7 indicator on watch was firing continuously. I am taking a long...
ABT on the one-hour chart is in a sideways diverging channel with Bollinger Bands overlaid and now compressing. In Europe, the new implantable cardiac monitor has tentative approval producing a growth narrative. Relative volumes and volatility have decreased heading into the pivot. ABT is in what is projected to be one of the hottest sectors this year. It pays...
OCGN has been a great swing trade after buying bad news. The good news has replaced the bad. Earnings are in three days. Price well below ATH. November earnings were a beat meaning this risky Med Tech penny stock had a lower cash burn than projected. Now legal costs will disappear. Going long with a decent position expecting a better earnings. In law, the...
DWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff writer has an article: Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great. The shell company Digital World Acquisition Corp. saw its share price plunge nearly...
ETHUSD on the 60 minute chart has had high volatility in March along with other cryptocurrencies. the SEC is taking Ethereum to federal court so it can designate it as a "security" and subject to the SEC and all that it does. In early March, ETHUSD trended up getting resistance from the second upper VWAP band in purple and support from the underlying...
Intellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, retail commerce businesses, and law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-sale scanner. Volume, Volatility and Price Breakout on the 60-minute chart. Relative...
JETS on the reliable daily chart is in trend up since last fall which followed a trend down during the spring and summer. Travel stocks are booming here and there including TCOM (Trips.com) in China. The airlines have high volumes and are competing on price and perks. So are the cruise lines. This ETF is a way to capture some profit from the trends. If has...
RCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects this. Last year price rose in the winder and spring then fell when the summer ended and reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline. It is confluent with the second upper VWAP band line suggesting not much room upside...
JPM on the daily chart has plain and obvious consistent momentum albeit with corrections. The markets are expected to thrive in this lection year and three rate cuts are projected in the net 8 months. The best time to buy JPM was both March 22 and October 23. I suggest the next best time is now before the forecasted rate cuts are factored into price ahead...
PHAT is now targeting 25-34 according to analysts. I am not surprised. It has a pipeline and is pending approval for a medication product to treat a stomach bacteria that causes chronic infection and symptoms are often refractory to long and elaborate treatment protocols. The product is already in Asia and doing well in YoY reports. PHAT has partnered with...
Regressions showing us guidance along with two VWAPS. Orange VWAP moving along uptrend regression. Downtrend rejected now moving along the uptrend regression.
I like this stock for it's unique offer of sustainable utilities services and supplies 10% of US market. Increasing volume as it reverses and sitting on 8 EMA.