Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Grayscale Ethereum Trust (ETHE). The chart is self-explanatory. Price has been moving in a Descending Parallel Channel. It broke down from a Multi-month support line now resistance and may go back up for a re-test. The RSI also looks like it may be going back down to...
The medium-term trend is definitely down, therefore it is relatively safe to assume that the odds of this current formation being a bear flag are quite high. Looking for a breakdown for a continued short here. If major stock indexes continue in their own respective corrections as well (SPX and NDX are all correcting 10%+), there will be a continued slide in...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for PayPal Holdings, Inc. (PYPL). The chart is self-explanatory. Price dropped significantly and has the possibility for a retracement back up with the RSI in the oversold region. If price drops further, there is a strong support region below. Keep an eye on the 0.618...
XOM looks over extended and approaching heavy resistance after ER pop. I like the short setup here with MARCH 80 puts opened today, looking for some retracement / pullback expected to cool off the RSI. This isn't a long term idea, just to profit off the expected profit taking that's expected after such a strong move to the upside. First target is $77.5
Today on earnings NASDAQ:GOOG announced an upcoming 20 to 1 stock split. This is a major news event with a history we can look back on. There are three instances from the last two years (TSLA, AAPL, NVDA) where tech stocks announced splits and then proceeded to FOMO rally. Trade with proper risk controls but look for opportunity NOW in Google! I talked about...
Before starting , I want to clarify that this doesn't mean "I'm short" this means: "I don't know what the price may do next; however if the price makes THIS sequence of patterns that I have defined in advance, I may be in front of a good situation to trade." WHY? Because I had tested this pattern in the past, both through real trading and backtests, and overall, I...
So... the Fed's decided to delay the interest rate hike until March - means we will have a bullish retest of supply until then. Followed by a crash. Target is 61.8% zone which is tested with every crash. Take your opportunities! Love, peace, Seb.
Stocks have gained notable momentum. We have broken through our first target of 4487, and have made a run for the second level at 4580. We are currently seeing some resistance at this level, confirmed by a red triangle on the KRI. There is a vacuum zone above 4580 to 4632, which is our next target for the S&P 500 if we are able to break 4580. The Kovach OBV is...
Hi everyone, As a proud bagholder, I present to you the NYSE:SQ chart. Slaughtered as all growth stocks, the price finally bounced this week for +15% gain for now. That's nothing compared to meteoric dump of the last few months. The chart. Last 2 year POC is at 230 . All-time POC is at 60 . Square has been investing into growth for many years...
In my analysis, I use three layers: fundamental sentiment technical Fundamentally, the company is doing well: revenue and net profit are growing. Sentiment: Most analysts are leaning towards the stock rising to $283. Technical analysis: the price is at the lower border of the Bollinger Bands. She spent several days in consolidation. This is indicated by the...
With January being so volatile what is in store for February? Will the markets continue to bull or crash again, here are the stats and some Big Resistance zones!
the price just broke the bullish trend and will go to lower level as mentionned in the chart.
Weekly Bullish div on MACD-H and EFI. We do see 4 EFI diverging locally in the latest decline.sRSI is about to to a strong degree it seems, and might tick up. Daily: FB and 1st HL, impulse green. Might possibly start a new uptrend and fullfilling the weely setup "Entry: around 44 TP1: 57,14 TP2: 62,9 R/R Ratio
Price found bid on weekly imbalance created by the banks. Position manged.
Nasdaq and the S&P 500 look to retest highs after metals sell off freeing up cash to be injected into stocks, crypto and indices. CURRENCYCOM:US100 NASDAQ:NDX NASDAQ:NDAQ OANDA:SPX500USD FOREXCOM:SPXUSD SP:SPX TVC:SPX AMEX:VTI TVC:USOIL AMEX:SPY 1 Alphabet GOOGL 2 Intel Corp INTC 3 Microsoft Corp MSFT 4 Salesforce.Com Inc CRM 5 Bank of America...
ICICI BANK - Cup & handle breakout here. 840 seems to be a reasonable target in the short term, with a strict SL of 790. Take FNO trade at your own risk.
ORIENT ELECTRIC - Confluence of channel bottom + last support zone + 50 ema The set up seems good to make a trending up move from here. Keep strict SL of 50 ema here.
Technically, both show a similar structure with a leading diagonal, a long correction, an ugly rounding top and a struggle with the 0.618 retracement. Apple also had a bad narrative in the nineties like BSV today. Microsoft were taking over, bankruptcy was on the verge and the products weren't very popular. In my opinion, BSV is the riskiest bet in this market...