jcoversmo

jcoversmo

Space is hot, and Rocket Lab is an exciting company, but there are concerns about its valuation and profitability. I'm looking for an inverse head shoulder pattern to play out

jcoversmo

Charting here a 2.09 take profit on XRP long. Basic presumption is that BTC remains bullish.

jcoversmo Updated 

Fairly simple chart here. Outlook is obviously based on presumption that Bitcoin remains bullish

jcoversmo

This is just idle speculation looking at how SHLLER_PE_RATIO has charted in the past, and some of the major support/resistance lines. #justforfun

jcoversmo

I called the previous break-out. If Hood is going to break $100, I'd be looking for something like this

jcoversmo

Looking for small break out on Hood

jcoversmo

Looking for accumulation momentum to carry VACQ to the 1.61 fib of current range. Alternatively, we could range through this accumulation zone for a while longer. Key fib levels marked

jcoversmo Updated 

A chart of major equity melt downs on the S&P 500, time for price to return to prior peak and rise above, as well as max drawdowns

jcoversmo

This chart covers the main monthly support and resistance levels, with addition of major Fibs. Yellow and orange are obvious buy and sell zones, respectively.

jcoversmo

Airbnb's IPO price was $68, and it listed at $146, a massive premium. Naturally there is a fair amount of selling pressure, and it may struggle to maintain its price above its listing price. On the expectation of broader market downside, expecting price to drift down to $80-90 range.

jcoversmo

Of the crop of new tech IPOs in 2020, Palantir was one of the best performing, soaring at one point to 4 x its listing price. The overall structure is fairly bullish. If there is a significant downside event in the overall market, it should provide a good entry point. Prior to its listing it traded on the private market in the range of $4-11, so expect there...

jcoversmo

Bitcoin continuation pattern, break out to $88,000. Take Long position. Invalid if it doesn't break out.