Natestradamus

Natestradamus Updated 

We are on 3 consecutive weekly gap ups, which is an exhaustion pattern, accompanied by being far outside the weekly Upper Bollinger Band. Daily RSI in the mid 90s and 4hr also in the 90s. This thing is going to waterfall hard. Not a short recommendation unless experienced, but definitely a time to take some off the table and have a very tight stop

Natestradamus

Daily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled Also in a buy/support zone on the daily Weekly Oversold 4HR at historic...

Natestradamus

Keeping a sharp eye on this daily falling wedge that has developed along with bullish divergence. We know MJ has seasonality around voting season with more states putting legalization on ballots etc. Price is also in a historical buy zone currently going back years. So fundamentally this is cheaper than in the past since more has developed in the sector since...

Natestradamus

Monthly chart is completely detached from the UBB and has gone completely parabolic. Weekly chart we can see that the stock has run over 332% this year and over 100% just in the last month. Weekly chart RSI has never been higher in the stocks existence Going to the daily, we closed with a large upper wick forming a reversal candle along with bearish...

Natestradamus Updated 

in the history of this stocks existence the 4hr has historically bounced at this oversold level with only 3 times in its whole history where it pierced slightly lower. Those 3 times were all bottoms of big market crashes. Looking for a multi day bounce

Natestradamus Updated 

The chart is trading below the both the 8 exponential moving average and 20 period simple on the daily, 4hr, 1hr. Uptick in bear volume as we rejected from the moving averages and broke support. Looking now to the share offering dump low for a possible bounce then for that to just set a lower high as this stock comes back down to reality that is fair value. The...

Natestradamus

After selling off over 43% from its all time highs in just a few short weeks, I am now looking to catch the daily bounce back to the upside. As noted in the daily chart, this is the most oversold on the daily that this company has been since its IPO date. We are in a strong price zone that we traded in for months. This company benefited from Covid, yet precovid...

Natestradamus

Anyone that has followed knows how overextended this chart is. The monthly has gone parabolic for over 12 months now with each monthly candles low being higher than the previous one. Monthly chart -Up over 700% with no monthly consolidation -Printed a monthly reversal candle with a very large upper wick. -RSI indicator is over 98 still (RSI cannot go to 100...

Natestradamus

TSLA has been selling off fast and fierce here with the 4hr chart being the most oversold that it has been since May of 2019...even more oversold then the whole Coronavirus crash. It closed today at the golden pocket. Looking for a large bounce to take place

Natestradamus

It's an awareness. SE has gone absolutely parabolic up over 700% with no monthly consolidation. Technicals are extremely heated with the monthly RSI being over 98 now almost at 100, which RSI cannot reach 100 due to the way it is calculated. Entries bullish here are extremely risky given the volume nodes being thin. The weekly chart is showing an overbought...

Natestradamus Updated 

The past few days we have quickly slid off the highs printed on Friday on some pretty large bear volume. The bears have broken any trend line that the bulls may have had and broke it with the conviction that the bears want to see closing at the low of the day. We have had bearish divergence on both the daily and weekly charts building for months at this point so...

Natestradamus

The monthly chart closed the month with a reversal candle at the top of the uptrend with an RSI just a hair under 96 (extremely overbought). When zooming into the weekly chart, the chart is showing bearish divergence that has been building for months. The longer these divergences are built up, the larger the correction will be. This coincides with how...

Natestradamus Updated 

On the daily chart there has been a rising wedge forming for many weeks now with the lower trend line starting almost 3 months ago. Today we broke below it and are now looking for the follow thru to further validate the move. The monthly chart is printing a reversal candle with not many trading days left in the month sitting up at ~96 RSI being massively...

Natestradamus

JSK has run over 350% without forming a daily higher low since Sept. 8th (~1.5 months and 31 trading days). This move has gone absolutely parabolic and hasn't formed support during that time. Currently we have the highest sell candle ever on the hourly showing a potential volume climax for the top. Also on the 4hr chart we have built up a lot of bearish...

Natestradamus

Looking to see if the end of day bull action continues into tomorrow to break today's highs and establish a new higher low as we continue to tighten on the daily chart

Natestradamus

The daily chart has been printing a lot of bearish reversal candles lately and today was yet another one. The monthly chart has risen to over 96 on the RSI. Last month it printed a reversal candle and so far this month we have poked slightly higher, but where is the bull volume? It is nowhere. It appears as if we are just drifting higher. Are/were...

Natestradamus Updated 

JKS is now up over 137% since its last daily higher low. This straight up daily trend has gone on for almost an entire month now with the daily RSI at 90. We have built up 4hr and 1hr bearish divergence. Looking for an intermediate term pull back for days/weeks to set our daily higher low in the mid $30's. Price target was upgraded to $32 post earnings report....

Natestradamus Updated 

SE has run up over 350% in a matter of months without any monthly consolidation. As seen in the main chart above the monthly RSI is now above 95 and currently forming a reversal candle, which is likely to be the case given only 3 trading days remaining in the month. Zooming into the weekly chart from here, we can notice that we have bearish divergence along...