MichaelMF

MichaelMF

Short float around 40% (GME was 60 last i saw) up on like 10x normal volume (3m today vs 366k avg) blew through resistance. Last time it went like this through that $10 resistance it reached $19. Daily RSI is a lil high but that candle you can't ignore.

MichaelMF

RSI and slight MACD Divergence. Gonna need some momentum to the up side to break out of this. Otherwise could drop to at least 27k range. Possible to around 24k.

MichaelMF

If I'm not mistaken they settle 3rd thurs of jan. If that's the case 800 by then. Overbought on every tf. Front contract shows gap filled from drop from ath. Money printer turned on. Not advice

MichaelMF

Not advice. Just watching.

MichaelMF

Just playing around. Not advice.

MichaelMF

Battery day wasn't much about stuff actually happening now. $405 could offer support otherwise we're seeing 300's. Possible support levels highlighted. $405 could pop on hourly as it's close to oversold on prior close. Watch for possible bear flag on there, or clear reversal.

MichaelMF

HAS to be price manipulation. Dude upgraded PT from $1 to $16. Kidding me?! Wouldn't doubt dudes company has a bunch of calls and stock in this that they bought around $16 previous top and wanna get rid of. RSI on hourly is in the 80's. 2 hr is at 89. This is all before the A/H pump thats got it to $80 and change rn. Has to be close to a couple hundred thousand...

MichaelMF

RSI is getting a little hot on the hourly though. Tmrw or Thursday we could see a pull back to at least test this s/r line to confirm its now support. Wouldn't be surprised to see 219 minimum first with us currently at 217.73 A/H with this break of the resistance. Looking to go long once confirmation is had. If it crashes below and holds, we could be looking at a...

MichaelMF

I'm thinking when BBY reports it will boom and then crash. Earnings should be good for them, but, it's so overbought right now its insane. border line blow off top right there today. Purely speculation

MichaelMF

Micron has been dropping for a while here, all other major semis (TSM, AMD, AMAT , TXN and NVDA) have been predominantly up or consolidating. Thinking MU is lagging a bit here and could see some movement soon. I'd like to see it rebound off of the 41.19 support build up since March. Hasn't had a close cross it, just some wicks that got beat back from it. RSI is...

MichaelMF

First target will be 99-100, then see if it gets support from there. If no support is found, then I'll be looking at 91-92 the previous ATH back in Feb-March before the drop. Otherwise 90 for the full gap fill. This is what I expect unless the EMA's can offer some support sometime soon. But with an RSI of 76 and a MACD ready to flip 99-100 is the least I'd expect...

MichaelMF

RSI sitting at 77 right now. Possible RSI support around 61.60's but it's iffy. Not a lot of structure to the RSI right now. Bottom trendline formed. Possible ascending wedge up top with a fake out. Could pop a lil more before this starts to slide. MACD way above normal. Normal was around 15 at highs. Currently 59. Previous all time high was in the 30's. Last...

MichaelMF

RSI in overbought (around 75 currently) and has been in a channel for a while (around March 17th give or take). Ascending Channel from around end of March. with a possible up trend inside the channel that is running out of room. If channel doen't break to upside, Could see around 239-241 before up trend would break. MACD at highest level in over 5 years (link...

MichaelMF

By EOD at this rate. It'll blow up in the wrong direction sometime this week with them pumping the hell out of it on the promise of digital money printing.

MichaelMF

With J Pow saying money printer is on, this could gap up above down trend, RSI is a little over sold (could drop lower), but thinking we could see a small reversal on this. Would look at around 12.67 as possible resistance. (Personally think this stock should just end. Either buy out or just go under. 549m Market cap vs other airlines- Jet blue 2B, Alaska...

MichaelMF Updated 

Hopped out of my BA shorts due to all lower TF being oversold. Will hop back in once the RSI is back in a manageable range on at least the hourly and below.

MichaelMF

Looks like the daily could have had an Inverted H&S. This measured move is about done. Could see this dropping fairly soon. MACD not looking great. Falling volume. Candles last 4 days don't inspire confidence. Trapped by upper BB. If 10 day EMA doesn't hold at $180 (also where that mini double top is located) thinking about $170.

MichaelMF

RSI Resistance at 46.19 (right about where we are as of close). Looking like a possible descending triangle has formed. BA will NEED a major push in order to not fall out in the wrong direction on this one. (A measured move downward would put BA around $50 range, can't see that happening personally.) MACD is rising, but could easily turn around as MACD and...