3 is next. This should be sweet.
Trading View's technical chart is flashing a sell signal for SOXL, but my proprietary algorithm is saying buy. These indicators are flashing strong buy: Slope of the Hull moving average Previous day's change Difference between 20-day exponential moving average and 20-day simple moving average These indicators are flashing a weak sell: 20-day simple...
It will stay bullish above the trend line.
IWM XLF SOXl continue to lag, and yet spy new highs. They are gonna try .50 cut but that won't work need go to 0.
Basically i would never go long now, would you? Volatility, sell off, a bear flag, i don;t care if it goes 20-30% up, it is still a bear market. Wait for price to drop to like 42 or something like that before accumilating.. Look for volumes, we need 2012,2013 to start selling their positions. That will be a clue when to get in. Be mindful of fractal events,...
Some levels of interest. Caught this falling out of the diamond pattern.
Background: Bullish trend finished on resistance 171 price level. Tripled top on sept 27, 29, and oct 04 on RSI on 70, then channeling wide and volatile through 140-160 price levels. First: SHOULDER formation oct 02 starting RSI 65, 160-114-128 price oscilation. Second: HEAD formation oct 17 to nov 02 starting RSI 62, 128-84- 114 price oscilation. Third: waiting...
If $110 doesnt hold then "the bubble of everything has popped" And buy at 84$
If semis don't bounce here, then semis are in trouble
Semi conductors are not going anywhere, they just completed a huge run. Fell out of the wedge and I dont see this going below 80$ ever but I see it testing a couple spots below and breaking north .
TECHNICALLY SPEAKING SELL. AND BUY AT 120$ OR LESS.
Well A multi year flag? A big move is coming, My gut has been telling me to Buy TVIX or UVXY and DRV as my gut is bearish, no doubt SEMI's are not going anywhere, but the overall Bull market run tells me we are due for a shocker sometime soon, DRV soon looks to be profitable.
SOXL, Direction's Triple Bull Semiconductor ETF, has formed what appears to be a powerful V bottom pattern formation during the month of August with the chart pattern clearly showing a bullish breakout above 170.50, from the recent low below 139, would project the ETF back towards it's all time high at the 200 price area. Semiconductor stocks are a market...
long term view is the better way to go with this … don't trade it ...Buy it
Unless resistance line is broken, i say we are in the bear market. Just look at the volumes at the prices ranges. Big volumes at 95. That means if break bellow, panic selling will commence, and this will drag us down below $80. Also, most bought at $20 and $40 so unless they are all stupid, and i don;t think so. They will be taking profits. To enter at a lower...
From it seems, we are about to enter a correction phase. We still need a confirmation, but after A and 1, all i am seeing a volatility and not a uptrend. We could go higher, but it seems short is the right call here. /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be...