NYSE:UAA Taking a look at under armor here. Here's a ticker I completely forgot about last year lol Looking at it here though it may be time to put this one on your watch list could potentially double in value in the coming year. Really like the look of this chart as a long term hold. No trade set up since its sort of pulled away from an entry level but even...
NASDAQ:AMD Taking a look at AMD on the weekly after a nice reaction to earnings See a beautiful spring followed by a back test of the spring and now we are off to the races after breaking that supply line its been in for quite some time doesnt look like this thing is going to slow down anytime soon Looks like buyers are eager to get back into this name. Cant...
COINBASE:BTCUSD Whats going on everybody?! Just wanted to point out something very cool that is about to happen on the BTC weekly chart that looks like is about to happen For the first time in history the 200 is about to cross below the 50 period weekly moving average for the very first time As someone who loves charts in general this is just very cool to me...
AMEX:SPY Taking a look at the SPY here on the 1H time frame we see a couple potential bearish patterns here with the rising wedge and the bear flag both potential patterns would indicate more downside potential in the near term at least just a quick look here but still room to the downside potentially towards that 350 level what's everyones thoughts on the...
NYSE:LAC Taking a look at LAC here. Breaking a trendline going back to 2020 with not much support looking left. could be in for quite the fall from here keep an eye out all you bears out there
NASDAQ:AMZN AMZN returning to some levels we have not seen in a very long time. good chance to pick up some shares at a decent area where you can manage your position if things go absolutely sideways just sharing the chart on this one because for this, its all about the levels. Happy trading mindset matters
AMEX:IWM getting back into the swing of things when i see this nice set up here on IWM
COINBASE:BTCUSD Bitcoin is coming dangerously close to breaking below that 19.9K mark. so far buyers have kept enough pressure to keep the price floating just above it but in this market all it will take is one more news driven catalyst to send the markets spiraling . I personally think we could be seeing somewhere between 14-17K if we get another market...
NYMEX:CL1! doing something I don't normally do which is take a peak at crude oil futures. on the daily this thing has been running out of steam until today. looking like a pullback was more than likely which is what we have gotten for the past month or so However when i look at the weekly chart this thing looks like its about to reload to test those basically...
AMEX:SPY [/symbol Taking a look at SPY here on the weekly. rejection of the 50MA as well as key level from recent history. confirming a lower high. have yet to test the 200MA. personally i think this is where we are headed. back down to test the 380 level seems probable if market sentiment does not shift what does everything think?
AMEX:SPY Taking a look at SPY on the daily here. rough way to end the week. big bearish engulfing candle. falling out of this short term ascending channel could see some support off the 100MA this week. we will see if it will be enough after a heavy sell off. whats everyone's thoughts for this week? take a look at my weekly chart for the SPY
COINBASE:BTCUSD Bitcoin holding on to a critical level here. Anything above 19.8K is safe imo with the weekly candle close tonight this will be interesting an interesting Sunday. Will be interesting to see how the market opens on Monday. obviously BTC will react to however the market preforms on Monday should be a week a price action!
NYSE:LAC LAC with a daily breakout here adam and eve double bottom along with a "dragon" pattern seen here as well there is some resistance above here in between 23-25 if we do break the 25ish resistance id be looking for this thing to hit 30 thanks everyone let me know what everyone thinks of the current market conditions. exciting if you ask me.
BINANCE:BTCUSDT whats up everyone? just wanted to post an update on everyones favorite crypto asset, Bitcoin this is how im currently looking at the chart on the 4H starting to form a symmetrical triangle which as we know can break to either side giving the market sentiment I would say slightly more likely to break towards the downside how does everyone...
NASDAQ:AMD AMD is looking at some substantial downside here. no support plus some gap fills its held this line once before but is it strong enough to do it again in this type of market condition ?
TVC:DXY possible cup and handle here on DXY on the 4 hour timescale DXY has already had a mighty run to the top of a long term range. will we see even higher highs here ? or is the dollar due for a correction to the downside? let me know what you guys think and as always, happy trading
NASDAQ:AMZN Amazon is sitting right near support/resistance level that goes way back. since the split that level is now right around 101 as you can see we have just recently bounced off this level and came back down and tested it again taking longs in this market is risky period but i believe you can set your stop tight enough if think we could see a bullish...
BINANCE:BTCUSDT just a short term idea here on BTC if we can bounce off the prior all time high level i could see at least one other swing up on the four hour chart we have sprung and are now back testing that spring for confirmation of a support if this terms out to be the case we could be in for a short term reversal. potentially whats everyones thought...