According to the analysis we had yesterday, as expected, the price is resting and bullish. The market was able to shape itself and provide us with new data and we updated our support and resistance lines according to this data which gave us a better view of the market. Of course, it should be noted that the market has not yet been able to exit the general downward...
My 12.5 target was a success with 13.5 hitting PM and a 12.5 opening. Too bad it didn't close there and got snuffed by the EV pull back. Betting on DOE loan + AR + OK state deals to wag this tail even harder.
This is my very conservative price target in the event that the Walmart partnership is real.
PTON getting real tight getting ready for a big move. Most likely to the upside.
Inside day today. Could possibly close gap to 73 before breaking out of larger triangle to test 87. Inverse h&s looks like it wants more completion of right shoulder. Either way very bullish setup
Perfect bounce off 50% fib level after ABC correction Breakout of falling wedge and retest of trend line and 38.2% fib level PERFECTLY MACD bullish divergence Super boolish. Waiting until over 350 to enter into calls will be safer play.
Bullish divergence... Resistance at 23.6 fib level.. Above that easy 85
Break of triangle with bullish engulfing candle immediately preceded by inverted hammer. Earnings Monday after close 6/7. Calls above 49.21 with target price of 52. **not financial advice
Read the title for all you need to know. Thanks for reading the instructions. Have a good day :)
Don't forget to buy your ALT coins. -BTFD As Always DYOR and safe trading.
Descending broadening wedge formation observed, or what I like to call it as- Muh Tasty Megaphone Price should blow out of it tomorrow, keep an eye for breakout :)
Higher low, daily squeeze, market turning resistance into support time after time. Supply being absorbed.