Recent high point of Google stock at 2.382 on the Golden Divide!
This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the recent high point of Google stock happens to be at 2.382 on the Golden Divide! In the past six weeks, Google...
Is Tesla's stock likely to turn bullish into bearish?
This chart shows the weekly candle chart of Tesla's stock over the past two years. The top to bottom golden section of November 2021 is superimposed in the figure. As shown in the figure, Tesla stock has already surpassed the 1.618 position on the golden section in the past two weeks, and is about to...
COINBASE is testing for strong pressure
This chart shows the weekly candle chart of Coinbase stocks over the past two years. The figure overlays the high points of November 2021 and the golden section below them. As shown in the figure, the low points of Coinbase in May 2022 and January 2023 are both supported by the 2.382 level of the golden section in the...
JP Morgan stock is breaking through the upper limit!
This chart shows the weekly level candle chart of JP Morgan stock in the past two years. The graph overlays the top to bottom golden section at the end of 2021. As shown in the figure, the low point of JP Morgan stock at the end of 2022 happens to be around 3.414 points in the golden section, and the high...
Unity stock has been suppressed at the same position in the past year!
This figure shows the weekly candle chart of Unity stock since its listing and trading. The graph overlays the top to bottom golden section of the highest point in history. As shown in the figure, after the full release of the bearish momentum in May 2022 of Unity stock, it completed its...
Looks that is forming an inverse HS. Is probably going to take a few more weeks to play out but the risk and reward y great at current price. Be careful, is a very volatile stock.
Price has been forming a falling wedge since January and forming a bullish divergence . It looks that it wants go up very fast. I opened a long position today when the market plunged but Sofi held the $4.5 support.
Silver is going up aggressively, there is an offset between demand and supply worldwide and is pushing the price up. I have a big position in silver and I just added more. It may pullback but I'm not waiting, market is very hot on this one. You can buy the ETF SLV and/or the stock HL (silver mining). I have calls that expire on January 2024 on both.
I'm holding this industrial stock in my long term portfolio. Looks that is going to break up the triangle. First target would be at $15.6 but I'm holding this one for the months even years to come. I thing it has great potential to the upside.
ZS has been forming a bearish flag since May and is ready to break down very aggressively. Open a small position now, if the weekly candle closes breaking through the flag add more the next week. SP around 175.
Price has been testing the mayor resistance for a year, and trading for a month just there below it ready to test it out again. I think this time is going to break it. I have a small position and a wide stop loss. If the price breaks through and closes the week above the resistance, ~204 level, I'll add.
Interesting setup. Price has been accumulating since August 2022, I may need more accumulation but I'm willing to wait out. I have this in my long term portfolio, when it breaks is going to be violent.
Check my previous post about Lyft. Price is getting tighter in the falling wedge and at the same time we have a bullish divergence. Looks like it wants to erupt like a volcano.
Price is forming a doji candle at the top of the downtrend channel. I opened a short position, but if you want to be more conservative wait until the next week and see if price can't go any higher.
I think the moving average line will point to an increase and then go up after a slight adjustment
As an additional part, it is worth looking forward to the benefits of the US With Corona policy
Hello, Traders!
S&P500 is trading in a rising channel
Hovering below the resistance
I expect a correction to the support
Therefore I am currently bearish
Sell!
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See other ideas below too!
TRADE IDEA
Long Entry = 53.59 (if it hits before breaking out)
Target 1 = 54.40
Target 2 = 54.71
Target 3 = 54.98
Stop loss = Daily close below 53.59
Trade is invalid if it drops to support based on bad news.
