CosmicLoFy

CosmicLoFy

Charting this Sunday (Feb. 26, 2023) night before market open. From a technical aspect the stock appears to be in a bearish rectangle which isn't much of a direction teller just yet. Apple watches are in courts with a Cali based company over heart rate monitoring technology and from the just of the article Apple isn't looking for a settle meant deal nor does the...

CosmicLoFy

Entry will open in invalidated position on the put; however, within the demand zone around $155 which could result in a gap fill as the market plays out. I am not in this position, idea is for observation / research purposes.

CosmicLoFy

$SOFI from a pure Technical analysis appears to be in a bullish rectangle and the outlook is currently uncertain on which direction it could go. 9.81 is a major resistance point however, in the event it breaks out and goes toward 10 it'll challenge an old support now resistance level at 10 even. For the passed few weeks it has repeated the pattern of rising on...

CosmicLoFy

Due to it being both pre market and in an ascending triangle pattern OXY could go either way. I'm trying a different strategy and playing the break out that could lead it in either direction. Purple indicating price targets and teal to green are designated entry lines pending on which way price swings. Good luck everyone this week.

CosmicLoFy

I'm neither long nor short at the moment on Ford. However, the sine pattern is interesting due to the fact that since Feb 18, it has been following this S like cycle almost to the t at times. If the assumption is correct well soon bounce toward the upper gap test the resistance there and then determine if a consolidation period is warranted or another pull...

CosmicLoFy

After Ford's earnings I came to the conclusion that it would begin to drop. My intended target was below 17; however, the market had other plans shooting it to 18 and so forth. Option expiry is this Friday and news continues to break between the potential war Ford is due for a correction. Based off the chart although poorly depicted we had a period of...

CosmicLoFy

Back in TTCF for another swing trade. Ideal 6-8 weekS time line based on ta performance. From the TA side appears to be a bullish pennant. Fundamentally; research needs to still be done but I'm back in for a small position.

CosmicLoFy

In the future I’m looking for some sort of consolidation around the 30.5 and 31.50 range however till then we shall continue following Elliots impulsive wave until the “SWAN” event imo. Please note I didn’t take into consideration the retracement percents but what I’m more concerned with is the correction (A,B,C,) looks a bit off. This could be “idealized...

CosmicLoFy Updated 

If you liked the previous chart I too am surprised at how close to accurate the market followed the predicted blue line. I think it'll meet some resistance around 23.58 considering it has now crossed its long term sea line showing positive direction strength. EOD I'll do a deeper dd of current news to see where my price target should be.

CosmicLoFy

In part 5 I noted how I thought it was suspicious how retail heavy stocks were all suddenly trending up but to drive that point home look at FCEL, SOFI, NNDM, IDEX 15m time mark and you'll see a upward trend begin after august 20 (last Friday). Super Sus imo. On to the matters at hand, as found in an article from investor place, "High valuations and a relative...

CosmicLoFy

I'd like to start with my opinion first, I'm a bit suspicious of the sudden price surge across the board. Granted Monday and Tuesday are usually bull days; however, to go from a 3% to 5% drop from the strongest of tickers too green with little to no positive catalyst is odd. Update; The gap noted in previous charts has filled, but as I type this (12:30est) we've...

CosmicLoFy

Although there seems to be institutional buying here they clearly know something us retailers do not. looking to fall into an older gap that has long filled in the range of 2.08-1.75. SCROLL THE chart to see gaps indicated by rectangles. Depreciating factors -Weak price strength and weak directional strength -Downward trend line The positive -RSI shows fair...

CosmicLoFy

First the factors against us -Weak price strength based on 9 day SMA -WEAK price direction based on 180 day SMA -DOWNward tend line So other than another shaky day in the overall market I think FCEL is consolidating to fill an old gap between 6.15 and 5.80. The lowest we've seen in the today (8/16/21) @ 5.94 then regaining some strength and holding support at...

CosmicLoFy Updated 

Note to self when in doubt zoom out ALWAYS. TTCF had a bad earnings report with a few missed expectations; however, from a technical view this was right on time to fit the criteria for a wedge pattern long overdue. Falling wedge to be exact. Perfect opportunity to buy more as it fills the new gap created. I'm thinking it'll follow the corrective wave (blue...

CosmicLoFy

Lack of volume, rising operational expense, and lack of catalyst equal down trend back to support we go

CosmicLoFy Updated 

Long story short I've become yet another bag holder in a company who plans to wait out the pandemic and not adapt to the changing time. From a Ta perspective the company is in a continuous down trend I marked an alert at 5.70 in the event it crosses we are going to the presumed bottom of an older gap at 5.38. From a fundamental point the company CEO told...

CosmicLoFy

Slow movement till the next catalyst to help it test resistance, pending on the news or conference results it may break out of the gap range.

CosmicLoFy

$FuelCell Energy a gap was made this morning so its in the stage of filling while constantly testing resistance. Alrhough the infrastructure bill hasnt factored in yet, not a lot of money is going to clean energy projects but the bump should do us well. I’m neutral but a heavy bag holder.