USDCAD has been ranging in this box for over a year following an explosive move up. I think we breakout here soon due to geopolitical factors. FX:USDCAD
Friday the 14th was an insane day for $COIN. I ended loosing $800 after being up $2.3k in the first 15 min at the open and then lost all of it throughout the day trying to get back in.. :( However! I am currently long holding over the weekend (EXTREMELY RISKY) because the chances of NASDAQ:COIN opening up at or near the same price it closed on Friday is LOW. I...
Tight price action for CRYPTOCAP:BTC for nearly a month now. I think is accumulation rather than distribution.
I like CRYPTOCAP:BTC here above the $30k mark. Friday July 14th was a big red candle but the monthly shows a different story. The monthly appears to be getting ready for its next big move. It will happen quick, as it always does. Notice the June candle. It wicked down but closed above 30K, which is bullish. Anything lower than $28k would be cause for concern...
I like NASDAQ:AMD here if it breaks about this line. Possible double bottom has formed. Notice the wicks in the second bottom (to the right), most pullbacks got bought back and closed green. NASDAQ:AMD has some room to run to $126-$129 in a jiffy. Stocks move quick. You need to react quicker. Don't get comfortable. It's ok to be wrong. It's not ok to stay...
I'm long here but it could just as easily breakdown. The reason why I'm long is because we are in an uptrend and the chart pattern looks bullish (to me) . The risk is a little higher here because of the 50/50 chance it goes either way, pay attention and keep your stop loss TIGHT.
Notice the volume this week already at it's MA and it's only Monday! I think this stock hits at least $30 next week. However, just be mindful that the stock moved nearly 50% (on ~500X volume) last week, so some cooling off may be needed.
Check my last NASDAQ:DKNG post! We've been waiting on this one to breakout for a while, with a lot of room left to run. A very strong performance on a Monday morning, and not looking to give back all of its gains. Stay ready and alert because things CAN change on a dime.
NASDAQ:DKNG looks strong here after a decent pullback from stocks this past week.
Trend lines are a timeless tool to use to get a clear picture of what has happened and what may be to come. These trend lines are situated to the close of the bars, not the highs. We have 13 touches on the bottom trend line and 9 at the top. The specific number does not matter, but it's definitely more than 2 or 3, so these areas are extremely important. We are...
Let take a look at the recent weekly close. A nice simple base has formed. We see the price dropped to the 8 day ma at $78.60 but ate all the way up to $86.50 and closed near the weekly high. The indicates great strength to me. Institutional buying seen here with the above average volume. Your chance to get in was at $78.60, maybe I'll get in on a break of $90. Do...
NYSE:UBER is leading the way, up 20% compared to NDX and nearly 40% to SPX on the year.
NASDAQ:TSLA was trading in the low $160s this week, now it closed above $180. Next stop, $210.
I am currently down in NYSE:ONON but not selling due to nice strength this morning after it opened lower from earnings. Patience is key here.
NYSE:BBY looking to break the 200 for a potential short. Watching NYSE:BBY this week.
Massive volume this month. Ending the month near or at the high will be big. Nice 2 bounces on the trend line , both on volume and close near the high (Oct '22) and this month. 406 is obviously an important price 14 touches out of 15 months.
$META looks nice here. Weekly breakout above $200, with a nice gap to fill. I would like to see more volume to confirm the move but not much selling going on. Clean and simple base. Be patient and alert, things can change on a dime. If you recognize these changes and act accordingly, you will be ok.
$NVDA monthly chart looks nice. This month's candle fully above the AVWAP set on Nov '21. Volume is already at MA with a full trading week to go as well. I'm keeping an eye out for this one. Everyone is bearish on this stock saying it's done with but monthly and weekly chart look good. Do your own research before buying stocks.