I am very bullish on this name, it's a top notch company with a disruptive technology that will challenge big names like VMW and MSFT in the virtual machine, micro segmentation and datacenter space.
Short term - gap from March was filled in December and it is poised to cross resistance around 34. If it holds can see a move to 38 and above. Needs some volume. I...
Greetings fellow traders,
As predicted from my earlier posts we can see that ETH has broken through the channel down. Unless it can regain 520 or so, then there appears to be no support until previous lows ~370. Unlikely to recover seeing that BTC has matched it's lows of April. Barring any catalyst, this has a ways to fall I fear.
Cheers
Greetings fellow traders
Here we have the $GME daily chart with a highly overbought Stochastic. Recent earnings were a miss so run up should be short- lived. If it can't hold 14, expect a drop to 13 or lower as illustrated in the previous 3 overbought situations. i'm really bearish on brick and mortar retail anyway and this appears to be a good setup for a...
Hello again,
Continuing from my last chart, the down channel is still intact. Although it has tested the upper channel boundaries and 20 ema, it appears to be getting rejected. As I have observed, this matches up with BTC closely. We could see a move either way but unless it holds 620 or so, i see more downside. Waiting on the big catalyst to lift all ships :-)
Cheers
Looking at this daily chart we can clearly see MSFT in an ascending channel, riding the upper BB and well above 20/50 EMA. I've been using calls to play the three dips shown by the solid colored lines all month for 70%, 63% and 48% profit respectively. I will keep watching but looking for a break down somewhere over 100 as there are grumblings about...
Hello again, BTC is moving in the same pattern as the ETH chart I shared yesterday. The dotted orange lines show false moves as BTC continues to move in the downward green channel. It could bounce off the solid orange which with the top green could be interpreted as a wedge. A solid move above 7600 could be a break; however, with levels still below the 20 and...
Could be a for real but won't believe it till it breaks $600 and stays
If it stays in the descending green we could see much lower. The dashed orange lines show false moves but this one has a bit more of a bounce it seems.
Depends alot on the overall crypto market as they seem to generally follow.
Cheers
