Silverbullet121

Silverbullet121

AXON stock popping out of a trendline after retracement or pull back. Remember it is at its All Time High (ATH) stock must be performing well due to its fundamentals.

Silverbullet121

After such a strong downtrend, Tesla likely to drift sideways or continue to downtrend to next target.

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QQQ is showing signs of distribution on daily with 3 days out of 14 with higher counts above MA. Has a lower low candle. Usually will confirmed if it matches a higher low next or it tank further. Cash!

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Be highly cautious because distribution can be seen with a gravestone candle and much higher volume. The probability of a major correction is in the cards as Bitcoin is now retracing a well.

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Watching BABA whether you like it or not based on fundamentals it stinks but technically it wants to break the resistance barrier 78.23 soon.

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High probability short win. If Litium price is an indication of demand for EVs, then most EVs Co revenue will fall. NASDAQ:LI $XPEV. My thesis. DYDD

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Looking at the RSI, it appears to be weakening. See the downward slope trend. A bit more leg and then it may have a major retracement once leadership names are falling.

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Looking at Thermofisher breaking out of a 15 month or so wedge which is strong. Look to target 672.34 as a first stop and see if it breaks the resistance. GO!

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OK so the bulls are stronger and caused RSI to crossover the RSI-MA Line. Not sure how long it will run. Amazing.

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Miss this big time. Seems like rotation to non tech sector. I was watching but too impatient as the earlier movement were small gains. Don't chase let it cool off. Let the 8 EMA catch up. Check my X post as Vwapp88.

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With higher lows after bouncing off the bottom, looks like it's emerging. To watch. Fundamentals need to improve first.

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Looking at the previous price pattern, it appears that similar pattern has appeared recently and when it hits the demand zone, it goes straight up. Let's monitor this. Super long if history repeats itself.

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Note the two zones where NASDAQ:ARM is bouncing around. Getting lower sell point as it reaches the sell or supply zone which means sellers are drying up.

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After a strong surge pulling away from 8 EMA on daily. The magnetic pulling effect brought down the price however still far from it's 8 EMA. Looking at hourly chart, it appears to have landed on 50 EMA in yellow. However, RSI still weak. Hasn't cross its MA. More room to fall?

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The 8EMA magnetic pull is strong making price to come near the 8 EMA. Noticed the equally high volume with a big red candle is a warning too.

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Lower RSI and falling and failed to cross the RSI MA on hourly chart. Higher probability of a retracement due to strong run up.

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BITSTAMP:BTCUSD showing signs of a bull trap. Lower RSI against higher price. See last peak and where RSI is. SELL OR SHORT! DYDD.

Silverbullet121 Updated 

After a strong run up for BITSTAMP:BTCUSD , the big red candle is a sign of whales dumping! As it tries to recover, the RSI hasn't cross the Moving Average RSI line. The higher the strong run up the higher the probability of profit taking! SELL! DYDD