TSLA seems to be bottoming out on the momentum indicators, this looks like it will delay the 100 level test in which supposidly Elon will get margin called at if it were to break. I can see this getting delayed for another week, or perhaps it will bottom here then and form a lower high and restest 100 closer to june/july.
Yesterday the community entered a long on BABA after we backtested a key level of significance and the falling wedge as support. The chart is prettty good, a completed harmonic below support, spring and break of the falling wedge to get above support before backtesting that level as support once again, whilst at the same time showing bullish divergence... No...
NEGG here, 3-day chart showing tweezer volume, look to accumulate in and around $1.00. Three potential targets labeled.
Traders, Historically, heading into a holiday weekend has been positive for stonks and crypto. Will this bullish pattern remain consistent? I am getting conflicting indicators. In this video, I will show you what I am looking at and we will browse through a few of the altcoins on my list. I will show you a few that I am attracted to and tell you when I plan to...
Traders, It has been an amazingly bullish last couple of weeks both in the stonk world and in cryptos. In this video I cover what has occurred from a technical basis and what I think the charts are now showing us. In short, stonks look to continue their upward trends but crypto is less certain. I also wanted to explain why I went short on a few trades. What was I...
Traders, Couldn't help it. Far too enticing to ignore. NVDA price will be attracted to that $317 level like a super magnet. Not only do we have a H&S pattern now in play, but we have that huge gap to be filled. I mean, trades like these don't come around every day! It's a no-brainer here. Not fin advice. Pure entertainment only. Stewdamus
Traders, We have been watching for this target to be reached for a few weeks now. Today we hit it. And just as I suspected, our RSI cooperated and synced with the price support, hitting its support at the very same time. Strong support in price levels conjunctive with strong support on the RSI means that the probability of a bounce next week is highly likely. Best, Stew
Traders, A couple of weeks ago you'll remember I expected a bounce off of our 200 day SMA which coincides with the bottom of my channel, making a strong area of confluence and support. But I wasn't sure if that was the end of our drop? Turns out, after testing the underside of our neckline for a patent classic retest, we have now broken below the 200 day SMA and...
This stock gapped-down for no Reason. It beat on BOTH Earnings and Revenue. I bot and have Trailing Stop all the way up... Already in a Profit!!! Let's make Some $'s!
Analyzing the options chain and the chart patterns of JD prior to the earnings report this week, I would consider purchasing the 37.50usd strike price Puts with an expiration date of 2023-8-18, for a premium of approximately $1.99. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read...
notes of thesis on chart. will be watching this closely in the coming weeks, its peer DKNG has already gone up 150% this. This lagger looks to be getting some attention, lets hope its enough. Could be time to play catch up
Honeywell flies under the radar, but this is a massive player in quantum computing, in consolidation since February seems like it wants to start moving considering all the buzz in AI recently, needs a channel break and hold for continued upside.
Wedge break on exploding volume, in oversold conditions gapping above 50SMA. pt1 is 10% away if market gets legs watch this closely
no1 ever mentions this one, is she ready to shine bright like a AMEX:DIA -mond? if she can push through some res (not going to be easy, but so close) this is a nice multi month swing setup. last chart that looked like this was NASDAQ:NVDA in January
Starbucks entering major demand zone that cant be ignored, its not lost on me that we just broke the 200SMA however Risk/Reward is prime in this name at this exact spot. Stop loss should be a daily close under demand zone
bullish engulfing bounce off .382 fib which was retrace bounce off .618 fib which was retest of pennant breakout, which ripped through 8/21 EMA and 50 SMA on exploding volume. stop loss should be daily close at the fib at $39.
bearish posture short term, just lost 50MA, vol profile favors a pull back to 275 which is also .618 Fib
Chevron broken H&S neckline, retesting and holding as resistance, look left PT 104 last area of consolidation, also vol profile shelf. Risk to Reward favors a trade risking a daily close above neckline recovery