Buying Cloudflare stock at these levels, and what seems to be an approaching opportunity to buy it at ~$30 is just an incredible discount. Myself and so many other developers around the world love building and deploying on Cloudflare, it's amazingly cost-friendly with a lot of free entry plans to get started at no cost. I am uber bullish on developers in...
Technical analysis: Clearly a larger harmonic structure at play here. There's no telling yet what exactly is forming, but I outlined a Bearish Bat pattern to 1) give me hopium that selling will end around $8.15 and 2) with COVID, it's only fitting the chart would form a bat. We've been in this descending channel for the entirety of July so far. I expect this to...
The pullback continues, but the mission remains the same; the fundamentals remain the same. This is nothing more than an opportunity to load up more shares. Reminder: 7.7B market cap. Last quarter revenue: 772 million... This is a stock you hold when you can get it at these prices. I am expecting the local bottom to form at $11.30ish as there is a nice volume...
As we trade at the top of this wedge, volume has been on a decline. Also, bearish divergence on the weekly TF -- not great! And, it would only make sense for us to go down for the E wave before breaking out. This is strictly a technical analysis, so yes, Carnival could definitely pump if they come out with some great news -- doubtful though as cruises keep getting...
This is strictly a technical analysis of Tilray and nothing more -- their financials are garbage and the stock is currently overpriced, but what isn't... I think RSI is in a good spot on the daily to really run up. Price has been rising along with volume, confirming the market's interest in taking Tilray to higher prices. First target is $22, and then second...
Price is looking like it wants to retest the top of this trading range at $19. If it breaks, Ford is going to Mars. The market's trend has been bullish on companies moving to electric vehicles. Reference $NIO and $TSLA. Ford making this move and going "All in" on electric vehicles is respectfully in my opinion, uber-bullish. Technical analysis: RSI in bullish...
Crypto might just have one last rally before truly starting it's reversal. This most recent sell off was brutal, but nothing unusual for this market as we look backwards. Is this a fakeout before melting everyone's faces? Will we create some FOMO buyers before we reverse? I think it's certainly possible... I personally am not ruling this out from happening....
With earnings next week 2/11 coming off an impressive Q3 report, and with such a bullish looking pattern, I'm expecting a pop out of this triangle. Based on past measured moves, the target would be around $107 if we do break past $85 and hold strong. Long term hold regardless of the outcome.
After such a big drop with a relief rally to follow, people are getting complacent, comfortable, and feeling more confident about holding their stocks - the people who told them to not panic were right - thank you CNBC Fast Money! We've reached a point, technically speaking, where we should expect a sell off and new lows. The 61.8 / golden zone was tapped from...
Not financial advice. I don't know what I'm talking about. Not a professional, I am somewhere on the autistic scale. Anyways, With no real support below, this seems like the reasonable target based on the fibs. Fundamental factors could move this the other way.
Not financial advice. I don't know what I'm talking about. Do not sue me.
I have a lot of reasons to believe that we will see the top of this range before moving down to the next level. We have bullish divergence on multiple TFs along with great volume on this latest move, and according to wyckoff accumulation schematics, this move would make sense after a spring like this. NOT FINANCIAL ADVICE. I AM NOT QUALIFIED TO GIVE ADVICE. THIS...
5th Wave extensions are built like this. With the decreasing volume with price moving lower, it is so clearly ready for bullish continuation. We have retested a major support area and ready to finally move for real. Sit back and enjoy the ride. This is purely educational and not financial advice i have no idea what i am talking about. DISCLAIMER: I DO OWN XRP
Smaller time frames showing bullish divergence. Volume supports bullish continuation. Inverse H&S possibly inside of this channel I have drawn. Time to have a rip after this long downtrend. .48 Cents is my next target I foresee for XRP. This is not financial advice. DISCLAIMER: I DO OWN XRP
Just some ideas. Bearish divergence should be enough to move us down to $67 and then RSI should drop around that orange circle, where I would look to long. This area is so pivotal, as in previous bull rallies, we launch off when we can break past that heart-line. I see LTC breaking through that soon. Four green 9s on the 12hr is strength. I think this is the start...
RSI in bullish territory. A little pullback never hurt anyone. I used fibs and trend lines like every other gigachad. Good luck everyone.
Never say never! I don't want to get ahead of myself, but with RSI so low and tons of room to run on the weekly, anything is possible. Good luck everyone!
Small pullback for RSI to regain it's footing before launching back up. Tesla bull run has more juice I think, so be careful as shorting can be hard in times like this. $575 current pullback target.