cerveloist

cerveloist Updated 

Monthy chart for Gold $/oz is indicating a cup and handle formation and a bull flag. price prediction is $2600-$2700/oz.

cerveloist Updated 

Silver is in a falling wedge pattern which can be a bullish signal, I anticipate a reversal to the upside if the price breaks up out of the triangle.

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On the monthly chart for Silver which is a very long time frame suggests that an Ascending triangle pattern is forming for Silver. Plus we have a Cup and Handle forming, as well as a bull flag as suggested in my previous pattern recognitions. This suggests a bullish measured move to the upside to $600 an ounce. This pattern is on the monthly chart so I don't see...

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My reasoning of why silver will retest the 200 weekly. 1. The Dollar (DXY) is in a downtrend. I believe It is on its way to the 200 weekly moving average but before that happens I believe there will be a small rebound. 2. I believe the DXY is going to have a rebound as the daily RSI is nearly indicating oversold. 3.Silver is in a rising wedge pattern and it is...

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Silver broke a massive trend line on the daily today. If we have the daily closing candle close below approx $24.35 today, which is in 5 hrs, I believe we will see more downward trend.

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I anticipate Silver to retrace down after the triangle break.

cerveloist Updated 

MMM has a Massive Head and shoulders pattern in the works and the next target price is suggested to be $81.

cerveloist Updated 

BX is forming a Symmetrical Triangle Pattern from a previous downtrend. Expect the consolidation start to break down between now and by June 16th, 2023.

cerveloist Updated 

As the title says, NVIDIA is forming a bullish ascending triangle pattern. If this particular pattern plays out the technical target price is indicated in the chart.

cerveloist Updated 

Nvidia has an inverted head and shoulders pattern on the weekly. What do you think about the target price range?

cerveloist Updated 

In the weekly chart, a major Cup and Handle pattern has become clearly visible, accompanied by the formation of a Bull Flag. The price has broken out of the flag, indicating that if this trend continues, the chart predicts a measured target price for gold. As an update to my previous analysis of Gold, I remain bullish on both Gold and Silver. Given their inverse...

cerveloist

Watchout! Nvidia is About the break the head and shoulders Neck line, next price target is approx $315.

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DXY is in a Descending Triangle Pattern and a massive Head and shoulders pattern indicated in my previous chart, I expect at least a -10% drop in the DXY in the coming months.

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Silver is in a possible inverted head and shoulders pattern. This is my second guess at the neck line which suggest a higher price target for silver. If this plays out silver to $35.

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Silver is in a possible inverted Head and Shoulders pattern. It is hard to figure out the neck line in this pattern. if this pattern plays out I believe it is a conservative target price for silver. However my next chart will show another neck line which will suggest a higher price for silver.

cerveloist

DXY started to form a descending triangle on the 4 hr. I'm leaning towards it breaking downwards by May 1st 2023.

cerveloist

The DXY is in a head a shoulders pattern, the target price for the DXY is in the 90's, I expect at least a 20% drop in the DXY in the near term possibly next 3-6 months Expect Silver and Gold to rise substantially.

cerveloist

I think we are in a dead cat bounce at the moment for Tesla. My price target for Tesla ranges from $60-$90. What do you think? I will scoop up shares for sure in this range if this plays out.