Possible cup & handle forming on Chargepoint. They make EV chargers, bullish on infrastructure news.
just a guess plotting by date and a long road to recovery, with international tensions
13080 has been POC and support zone building for bulls toward the end of last week; and now again early this AM. The cup formation broke high and has stayed very even. 12950 is another local POC that I expect to be the bottom for a handle formation to remain intact this AM. I'm feeling hopeful for rocket at open to around 13350-13450 and support will start be...
We're looking at a $3.08 long term POC, with around $5 POC if you include the crazy volume day it went up to ~$10 closed around $8. Bulls seem to have identified a support here and it's getting frothy off of no news! I think it's more and more investors catching wind of the Covid nasal spray preventive, along with the domination Auris has in ear, nose and throat...
I went back 7 months to check what traditionally happens the day after PCQI (NQ Put/Call) hits 1.00 or higher. If the next day was green I made the line green, etc. Out of the last 18 times, Bears got the next day right only 3 times. So 16% correct. 2 of those times the PCQI was at 2.0, so Bulls were also shorting. Meaning when PCQI only hit ~1.0 Bears were only...
It seems to want to go back to POC here above 13050-13250 and fill the volume gap some. If there's some chop in the AM, or it bounces off POC, it may see a big rebound followed by more selling, similar the the 28th of January. There's another gap down at 12k waving at us, but not expecting it to go that far any time soon. On the daily chart, the big drops on low...
If you go check any bullion site right now, they are almost sold out of silver. They halted sales until a price gets set Monday at market. Right now ebay decided on $35/ozt, for 100ozt bars! <=5ozt are going for $40-50/ozt! So we're looking at a pre-market spot price of about $45 average. This liable to jump even more. Gold is 9x more rare than Gold. So fair...
This is a buy, they're going to $100. They developed a non-drug nose-spray that was 3rd party tested and found to be 99.6% effective at blocking Covid. Game changer, no vaccine necessary. there are a couple more companies working on similar, but EARS specializes in nasal sprays and got the jump.
DXY broke out of the bear channel momentarily, but didn't gain much momentum. It was more of an uncertainty stall around elections and stimulus. Looking like a right shoulder at the moment as much more stimulus seems certain. I'm expecting 87ish by mid year, followed by a bounce as the stimulus injection fades into Summer. Covid should improve some, then another...
Quad-witch will drive volume in wild Friday. Should see a pull back from 12.75-12.8k to 12.5k; unless they pass baby stimulus. In which case we should see 13k before pullback Friday late or Sun/Mon.
There is a clear pattern on the 15min chart between the Split news and the SPY addition news. As it sits, we're in a bull-flag triangle. If it follows the previous bull pattern, it will end in a week up about 15%. However I think we'll see a continuation until the SPY addition on the 21st of December. Should be a 15-35% sell-off from the highs there, but then...
The 3 month bear trend has been too strong. It broke the 2 week bull trend and will likely send it to the other side of the triangle soon. If it ends with a 3 black crows formation on weekly, that would be even more alarming. A quicker sell off would be better. Right now the downside seems to have more potential. Should test 20 ema (white) for sure, imo; before a...
Nasdaq looks to be in a symmetrical triangle, trying to break out one way or another. I'm leaning towards bullish, but Trump's antics and COVID lockdowns could sink things in a hurry.
I got close with my plot predictions! Made pretty good money, but don't trust myself when I should. Bears tried to break the bottom of the channel several times Friday, but ran out of steam. I was nervous about it, but kept buying TQQQ 10 shares at a time under 11k, swung up 80 pts at close for a sweet $600 profit. Left 50 . Like the title say, trust the trend...
Trying to plot a path with my magic crayon. I will sacrifice 20k virgins for the cause. (when I masturbate later) 1st line is Friday close, 2nd line is 11:30 morning after election.