arcarays

arcarays

NASDAQ:MDB is an Excellent example of falling channel, or bear channel A channel on a channel. Cool chart formation/ It is trending lower but when the downtrend resistance line breaks, that is a friendly or bullish sign.

arcarays Updated 

$QQQ new uptrend formed Stochastic divergence from recent low of 9.29.22, suggesting low may be a Swing pivot pt. in Fibonacci .50-.618 objective zone.

arcarays

Inflection point for S&P fib retracement zone & support level from Aug 2020

arcarays

Updating idea from Sept 16. $CRWD huge H&S top formation with bear channel formed at neckline of approx $169. If $169 give way, downside obj <$100. $CRWD failed at bear channel breakdown $195.50

arcarays

Technicals are pointing to support and possible move higher for gold. $GOLD is consolidating at the 2 1/2 year support area of 1675. Divergence in the stochastics and RSI suggest recent low should hold.

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Can this #chinese listed stock climb? #pdd displaying an inverted head & shoulders Neckline 72.00 Overhead Objective 120

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$QQQ & $NASDAQ new uptrends to watch. we are right at 50% fibonacci retracement from Covid low to Nov 2021 high. This uptrend is now our guide. 9.30.22 low of 10,572 NASDAQ now a pivot point.

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$GDX broke a descending bear channel downtrend. Overhead objective 29.00.

arcarays Updated 

Downtrending channels are powerful indicators. Watch silver to see if this pattern continues. $SILVER will probably bounce back towards middle of channel (dashed line) 21.40

arcarays Updated 

a break of descending bear channel downtrend suggests move higher to overhead resistance at 29.00 Stochastics divergence on recent low suggests $gold minders ETF should move higher

arcarays Updated 

$TSLA rejected at downtrend channel initial downside target $230

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$SPY may find support near current levels. Fibonacci 50% retracement support at 348.48 September 2020 old high 358.75. Keep an eye on this support zone.

arcarays

#FTSE large top formation. Very important Support 6,850. 4 lower lows.

arcarays

Overhead resistance for gold at $1680 Reversal back above this level will be supportive for gold. RSI & Williams %R Divergences at recent low may be friendly for the price.

arcarays Updated 

Two intersecting resistance levels may prove trouble for $TSLA. $891 very important.

arcarays

Downtrend channel on $TSLA still holding. Mid-channel test possible: $230.00

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$XBI biotech ETF developing a possible inverted head and shoulders bottom formation neckline breakout 93.50

arcarays

$QQQ only major index that has not taken out it's June low. The uptrend is now a key indicator to watch.