Lynxys

Lynxys Updated 

I see a good shorting opportunity in the future around late Jan to mid Feb. I'm waiting for similar overbought conditions of the indications as circled and a break of the wedge. Other things too look for is a break of supertrend and movement under hull. 200 day moving average (light pink line) should be strong resistance if it can breakout above the orange...

Lynxys Updated 

I'd like to see a retest of the wedge for a safer entry or a consolidation for a few days above the green line around $12.35 The daily RSI has also broke resistance which is typically bullish. Lately CWEB has been sold off after going above the 34 EMA, it has to stay above that to gain confidence in a long-term uptrend.

Lynxys

This is just for fun lol Filled the gap though and if you like to gamble, it *might* have found support. Hard to say when a Spac is bottomed these days though.

Lynxys Updated 

The ARKs have had it rough the past year and I know of the comparisons to the tech bubble pattern, which does look scary. But as ARKW shows here, it hasn't broken it's long term trend yet and it could present a buy opportunity. I copied the pattern from 2018 and pasted it here to show a possible bullish path that ARKW may take. This pattern makes sense to...

Lynxys

Since 2014 the market has been selling off XOM whenever it reaches above $70 when adjusted for dividends, this has happened six times already. Could it happen again in the next few weeks? Some more bearish reasons for a sell off: -Chart shows a breakout of a bearish wedge which can turn out to be a blow off top. -Every bag holder of XOM since before the covid...

Lynxys

I have no position in this, but am keeping an eye on it. Time is running out on PKKFF and it should do a strong move soon but entering here is a gamble. -As the daily hull (highlighted) starts to crash into the price, it acts as resistance. -I see a pennant forming with the channel top as the resistance, likelihood of this being bearish is higher than a bullish...

Lynxys

I noticed this since last week and am glad to see a continuation, hoping to see a completion of the cup and then a retest or hold above the 104 breakout area. This is a very nice bottom forming after being heavily oversold on larger time frames. A breakout of the green resistance line also supports a bullish argument.

Lynxys Updated 

Might retest support again ($6.30-6.50 CAD roughly) before going higher, but MACD, Stoch and RSI all look bullish now too. I see resistance at $8.00 CAD area with the daily Hull and Supertrend coming down on it.

Lynxys

If it sticks to this pattern, I believe we've just experienced the spring on the 21st and will start going up from here. See the related idea below for more info on Wyckoff Accumulation Phase.