$TWTR 1D Looking for a relief bounce off of the bull flag support TL. Watch for 1 last leg down afterwards for a massive potential buying opportunity.
$TSLA 1D Looking for more upside continuation this week. It is very important that we don't break below the low we have formed last week, otherwise we're in for a further correction.
$NVDA 1D May get a relief bounce early in the week, but ultimately looking for mid to low $240s to complete the correction.
Room to $235 above to complete wave 3 if we can clear the resistance TL.
$ATVI 1D Huge daily gap above. Looking for a break of resistance above to test the gap above. Technicals also very oversold (1W)
$AAPL 1D May get a bounce early in the week, but ultimately still looking for downside continuation.
$ARKK is clearly in a downtrend, however I think we get a bounce in the short term before further downside. RSI approaching oversold and volume appears to be showing seller's exhaustion. Plan is to play the bounce going long ST calls, take profits around 91 zone then go short again... Note, not much support below, and ST long idea is invalidated on a break below $75
Bull Markets go through 3 phases: 1. Stealth Phase- this is where the smart money positions themselves for the run. (2020) or Just check Nancy Pelosi's portfolio. 2. Awareness Phase- this is where we are at and have been at since the last two months when it has become common knowledge the Fed is going to decrease spending and tighten monetary policy . Sentiment...
GSK is trading around the multi year lows having bounced off of the long term support zone at 1300. I think this is a relative bargain at these levels with GSK being one of the Big Pharma Companies that is still trading way below the starting price for the year. Pfizer, Johnson & Johnson and Roche are all either positive or around net zero YTD. Novartis is...
How would you feel if Tesla crashed 60-80% in 2022? Shocked. Denial. Resistance. Anger. Panic. Something BIG is coming, it has been building for a while but NOW it is time. This quarter begins one of the biggest stock market crashes in history! What will cause this? Military takeover perhaps? Ignore me, I'm just a crazy autist trader. I do have some...
Today we will take a look at ARKK. The main element we have to comment on is the current decline, the biggest in the ETF history. The current drawdown is at 51%, and we have three other situations in the past where we observed declines of 30% or more. Here are some key ideas you can use to increase the odds of engaging on a successful setup on the ETF,...
Stocks have dipped, testing lower levels in the 4600 handle. We found good support at 4632, but are witnessing some volatility here. We may be seeing the formation of an inverse head and shoulders with a neckline at 4668, one of our technical levels which appears to be providing resistance. Several red triangles on the KRI have confirmed resistance as we have...
looking ride this down uk100 baby uk100 has. had a great run today , looks like its running out of fuel , time for a retracement before the next leg up ?
Here is my projection for usoil for this week. lookout for reversal patterns within the box before selling this asset.
The FTSE 100 has been gaining ground recently, with a 2.95% move for January 2022 alone. December was up 4.62%, so there is clear momentum right now. This brings a nice change from the sideways movement we had between May - October 2021. Following the all-time high created on May 2018 at 7903, price declined, gaining momentum during the peak covid pandemic in...
Short the C regarding descending channel and ichi leading span B. Take profit at around next level. Enter the market between 66.00 to 67.81
Dogecoin printed a modified shark pattern and away we go. Entry on the bullish engulfing candle close. Entry : $0.1783 Stoploss : $0.1658 Target : $0.2030