$NOK swiss cheeseSo many gaps to fill with the NOK chart that it looks like swiss cheese! The past four earnings have resulted in stock price increase after earnings, I wouldn't enter this trade until the day or day before earnings. I'm looking for price to fall back to upper falling channel that was recently broke to test as new support. At this point, the elevate stock price should create a golden cross and with the catalyst of earnings, this stock should soar higher. Possibly breaking though the $5.10 resistance. Only time will tell. My entry point would be around $4.75 +/- 0.05. Looking forward to following this stock in the coming weeks. Much potential.
BB
EWT: Triple Wave CorrectionNotice the recent highs, they have a need to "mother bar" past the Bollinger Bands to signal a higher swing zone. Elliott wave suggests waves move in five or three movement waves, I see two correction waves...the third should happen. In the recent median, the MAMA/FAMA remains open during the attempted bear move. The volume accumulated denoting support. It is not a big price movement for a third wave but it could yield 19% quickly on this trade. Strike the hammer to a third wave higher swing?
BTCUSDT !! My ideal BTC scenario for coming days and weeks. Hi dear community members and my loyal followers.
My updates for BTC current situation. As I posted earlier, BTC is repeating 2015 bear market bottoming structure I published in my previous analyses.
You can check the bellow attached analyses where I warned you about the recent dump after hitting 25K/swept previous swing high liquidity/:
I think BTC finished 1-5 bullish wave structure and now it is forming ABC correction structure before new highs.
More likely we'll see short term bounce from 19-19.5K zone to 23.5-24K zone/B wave/ and dump to 17.5-18.5k zone/ C wave/ creating new LH.
Even if in the worst case BTC dumped bellow 17.5-18.5K and drops to 14-15K zone, it will be super fast long wick bounce above 18.5K zone.
Would be great if BTC clears huge liquidity bellow 18.5K zone and bounce back. Let's thank BTC for its generosity coz it gave us last chance to buy lower prices before bull market starts. BTW I'm officially announcing all My analyses about BTC bottom have been published since June 2022 have been confirmed in February. There is super strong sign that not only BTC bottomed at 17.5K in June 2022/ a real bottom/ and 15.5K fake breakdown/spring-bear trap/ with double bottom but also BTC bull market has started. Later I will post about the most powerful confirmation.
As you see 17.5-18.5K is the strongest support zone/ there is BB, FVG zone, strong support & resistance zone, Wyckoff base & huge amount of BTC accumulation by whales.
Max pain will be stop loss hunt bellow 18.3-18.5K zone/liquidity sweep/ and strong bounce back. If my scenario plays out, BTC will from huge Inverse H&S pattern which I will post bellow this tweet.
Stay level headed, keep patience, close your eyes on Wars, high inflation, Recession, hiking rate and any kinds of FUD.
If you like my ideas, don't forget to like, follow and support. I'll appreciate any comment, likes and follow.
Don't forget to check my bellow analyses. Have a good day.
Trading BBTicker: BB
2023 Low: $3.31 (USD)
2023 High: $4.58
Current price: $4.37
The company recently reported nine new “design wins” in the automotive industry, and their QNX technology is now installed in more than 215 million vehicles worldwide, with Human Horizons deploying BlackBerry QNX technology for autonomous driving features in their HiPhi Z vehicle. Without a doubt, Blackberry has eyes firmly on innovation.
Trading BB requires a slightly deeper dive, but once you’ve identified and verified your source information, following Blackberry’s corporate reports and product releases is quite easy.
When making your fundamental analysis, consider comparing the automotive giants and their sales too. They are related, and a drop in auto volumes could affect the performance of Blackberry.
Sensitivity to sentiment is also an issue. Blackberry is a tech company at heart, and when the tech sector suffers, Blackberry gets dropped into that bearish basket.
When making technical analysis, consider using the Moving-Average Convergence/Divergence line (MACD). MACD will help you recognize trends and signal BB’s momentum.
The MACD line compares BB’s short-term and long-term momentum in order to estimate its future direction. Use the MACD to compare two moving averages at the same time. Set for any time period, but perhaps avoid using it for day trading. The 12-day and 26-day moving average are advised for BB.
Baltic Dry Index drops to 2020 levelsCoinciding with talks of recession, the Baltic Dry Index (which can be thought of as the cost of international shipping of primary goods and so an economic indicator) is approaching the lows seen during 2020. With a 60% drop left to the 1D Cosmic Channel Lite support and Cosmic Markers Lite not yet flashing the strongest support signals the prognosis is bearish with a potential reversal at 270.
META neutral near Cosmic Bands top1D price rose close to the max Cosmic Bands resistance, potentially forming a new Cosmic BB SR level. Statistically this would be a point of reversal but max resistance has not been reached on higher timeframes and it may be a good idea to wait for bearish confirmation.
Bitcoin above $70k resistance levelThe neat thing about Cosmic Flow is that is lets you use one MA period for the resistance and another one for the support. Here we used the HMA with 50 bar resistance and 100 bar support to recognize a repeating pattern on the 1W chart, in combination with the Cosmic BB SR indicator. While these two indicators show that the price is now more bullish than it was during the last $70k top in November 2021, the Cosmic Angle indicator is still showing a significant negative trajectory and is changing its angle at a very slow pace. This information suggests two likely effects: 1) a large and sudden bullish movement 2) a gradual reversion to the Cosmic Flow basis line.
USDJPY 1D neat forecastingBy combining the levels show by the 2 indicators Cosmic Flow and Cosmic BB SR it is possible to forecast the amount the price will drop (or rise) as shown with the vertical red arrows. The price is currently at a level it consecutively tested twice and were it to drop further a rough estimate for a short target using the current trajectory would be in the $125-126 region.
DXY major overlapping support targetThe 6h, 1h, and 15 minute timeframes show the next concentrated support to be at $100.7 (thick red line), while the next minor 1D timeframe support lies at $100.1. The price hovering below the current 6 hour Cosmic BB SR support suggests further downward momentum.
Can we add all the indicators to the same placeFor a multi-indicator user like me, it is very inconvenient to often have to turn off one indicator before turning on another. I'm wondering if it makes more sense to add all the indicators in the same script and display them all on the same chart window?
Let's see what happens next!At a current support zone right now. I can see a dump to the lower line first before a scalp-long plays out. Let us see.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
BB Looking Bullish At Support!BB is currently at support and it looking to move higher. Stop loss should be set below the support box which is a clear invalidation. ES1 & S&P500 are currently looking bearish on the higher TFs but a quick pump can happen before the higher TFs play out.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
$BB Gets a Solid BounceI just thought this bounce at the 382 was interesting. After the market flushed, $BB bounced hard off the bottom of the rising wedge pattern. Assuming we're not going to see more downside more broadly tomorrow, I'd expect $BB to start moving back up--at least to the middle of the wedge. Just shy of $5 perhaps?
$BB Goes to $4.50?In my previous chart on $BB, I wondered if BB would pick a true direction in the coming session and speculated it would be another trend downward. Looks like I was right. I see two possible paths from here: (1) BB walks down to about $4.40 and then starts to move back up slow and steady to the middle or top of the broadening channel; Or, (2) we see a precipitous drop to about $4.20 and form a *spring* that leads to a significant bounce. I'm fine with either. I like cheap $BB shares.
Upstart Holdings - Reddit Is Not Your FriendI came across this stock because of a Wall Street Journal article focused around some meme traders who were holding bags and bullish despite being on the cusp of a recession and a colossal market crash. So I started to take a look at it.
Fundamentally, UPST is down a lot, like all the other r/WallStreetBets and Reddit cesspool pump and dumps. From the description, this stock sounds like one of the many crypto ponzis, except it trades on the NYSE instead of FTX.
This chart is complete only with monthly bars and a small note for a reason. Look at the monthly bars. It's already at an all time low. You really need to zoom out and understand the macro situation when you trade. Otherwise you're just gambling. Just trying to get rich quick.
Trading is self cultivation and you need to take it a lot more seriously, or you'll destroy yourself.
UPST isn't going to bounce. It's going to $0.
Reddit is something you should stay away from. There is a heavy Marxist-Leninist faction there. Additionally, it is not a social media site. It is a social marketing and social influencing site. You think you are looking at other users organically talking to you, but you're really looking at a botnet and a public relations firm who are bringing in dead money to buy whatever bags the advertisers are paying them for.
Anyways, some scary signs on this stock are:
Earnings are August 8
Dip to buy was granted on July 7
Reddit posts like dude with 79,000 shares and a "2.27M bet" on UPST appear
A number of other chatter appear on Reddit around the same time using reverse psychology encouraging bagholders to HODL
Chatter about shortsqueezes
Company had a good earnings in May and fell 35% because it "slashed its outlook."
Q2 earnings were pre-released also around July 7. They're not good, which generated the dip.
Week before earnings it starts to pump, which takes out short sellers
Maybe you think that it will rocketship up because it's down so much
Anyways. You should know that nobody on Reddit wants you to be financially secure, wealthy, happy, and rich.
Instead, they seek to bankrupt you, corrupt you, and have you destroy your life while you hold their bags.
For example, a few months ago, the London School of Business analyzed options trading data using OPRA codes that allowed them to pinpoint retail activity. They found retail lost $5 billion trading options during the biggest bull run in stock market history.
Much of the losses were correlated with times that memestocks were being promoted on r/WallStreetBets. The promotions started when things were already up, so you'd go buy calls on HOOD, it would dump, you'd lose all your money, they'd laugh at you and then go to the strippers.
Google "WallStreetBets and Gamestop Crowd Lost $5.27 Billion" and read the study yourself if you don't believe it.
Be careful.