jdouglas020

jdouglas020 Updated 

People know what the Fed is going to do. We've heat peak inflation. And those inflation expectations will start to come down, and Fed will be tightening into a slowing economy. You'll see bond yields dip lower, and the dollar index will soften. Technical the chart looks weaker and lower. WE should expect a long duration of loser $, this is not a day-week or...

jdouglas020 Updated 

After the recent huge upside run we liquidated our gold holdings but we are not bearish. The gold market is still in a strong uptrend. But we need a correction to the recent action. This retracement is normal and expected. The technical call at this point is stay on the sidelines. The chart shown is the 1 year chart- many of you use short term charts to...

jdouglas020 Updated 

Chart pattern shows a long and hugh drop in price. Which has bottomed and turned. This pattern is not a short term chart analysis but a pattern when seen in other stocks has produced mega moves. Fundamentally - LFP auto battery is the direction that auto manufactures are taking for cost, safety and durability. Nano-one have two of the most knowledgeable...

jdouglas020 Updated 

One of the most followed chart patterns is the classic head and shoulder. 'When it is create over minimum of 3 months. SPY created the left should in Nov 8-22 the head Jan2 and the right shoulder Feb 2-9. A Head and shoulder pattern over 120 days in more reliable than one of 20 days. The neck line is 426 We have broken the neck line 2/24 and again in...

jdouglas020 Updated 

Triple Moving Average Crossover" chart pattern formed on SPY:NYSE. SPY is in an established trend (bearish). In the triple crossover method, when the 4 bar crosses below the 9 bar which in turn crosses below the 18 bar, triggering a bearish event.

jdouglas020 Updated 

Gold price was pushed higher by Powell and the Dollar (DXY) The DXY has formed a head shoulders and is breaking down which will push gold Price higher. The gold chart is bullish and and will challenge the 1835 and if it clears that areas will run to 1875. We have the DXY in bear market and this will support the price of Gold, if DXY drops to .91 would...

jdouglas020 Updated 

Head and shoulder chart patterns have been the most reliable indicators as a top of a market. Over the many such patterns they have proven to be very accurate. We are now looking at a 5 year chart with a huge very obvious left shoulder - head - and now right shoulder. To complete this bearish pattern a break below existing area would indicate a 6-12 month drop...

jdouglas020 Updated 

We have seen a 6 month retrenchment and the MACD has turned. We are in for 6 month advance that should take us 40-50% higher. This stock is my favorite trading stock because it's movement is predictable because the stock is selling at 4 times earnings. The move from 2.80 to 4.00 - 4.30 has started. I would watch the MACD and when the turn comes take profit on...

jdouglas020 Updated 

We have 3 indicators showing upward move for Nano One - I expect run to old high before consolidation and continuation.

jdouglas020

This graph demonstrates the last 5 years. In March of 20 US starting spending heavily on Covid. In January 21 Biden enters and retains the same fed chair and the US $ improves. In November 21 The signs of inflation look like they are not transitory the US $ peaks and begin a bear market. Today we languish 95.50 in a downturn that should take us to minimum...

jdouglas020

This chart displays 5 year trend lines. 3 year trend lines 1 year trend lines 6 month trend lines This pattern is a 5 year, 3 year, 1 year and 6 month uptrend that consolidated into multiple bull flags. If I am right the move to the upside will happen shortly and it will take the price over 2,000.

jdouglas020

Golf formed a "Head and Shoulders Bottom" chart pattern. This bullish signal indicates that the stock price may rise from the close of $826 to the range of $875. The pattern formed over 21 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. The price seems to have...

jdouglas020

This penny stock has some very important traits showing in this chart pattern- The volume has increased and before the stock released news. The news release states the company will spin off 3 subsidiaries to SILEF shareholders. This chart demonstrates the insiders stock ownership just prior tot he release. We must conclude that the spinoff are worth a...

jdouglas020

The 5 months head and shoulder break out would produce a run that could reach 3 times the existing price. Easy double

jdouglas020

Few things in trading are elementary. But one of those is the inverse movement of the price of Gold to the DXY (Dollar). The Dollar is being sold off because of the Liberal spending spree. The chart of DXY is going down and likely will hit a bottom around 75-79 in the next 5 months. That is good news for gold price. With a DXY drop of 14% I would expect a...

jdouglas020 Updated 

A depreciating U.S. dollar on the foreign exchange market and this week's surge in crude oil prices have also given the metals market bulls confidence.

jdouglas020

This stock is trader kind of stock , huge volume, bad news, good news the last time it flipped it went from 13 to 20 after dropping from 60

jdouglas020 Updated 

We have a pharma stock losing money, with patents, products and licensing agreements but no proven product yet. They must either put out phase 3 results, borrow money or sell stock to larger company. I do not know which outcome is coming but this has to happen in the next 30 days. The run that has started will either take it up 300 % or it will drop...