CAPR Should Drop to $5.50 Range before RetracementRight now looking at CAPR's patterns, it is safe to say that before the next positive retracement wedge, that CAPR should drop at least to the $5.50 range. I think once it does, then it should be getting ready for the a bullish swing. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
Chartpatternstrading
JMIA Morning Wedge? Next Alibaba? Waiting for Re-entryI have been analyzing JMIA yesterday night and the sentiment was a positive bullish continuation of the spike it was on. Days in the red are when it is perfect to buy. Right now, I am currently waiting for the sell off and than a decent reentry price for JMIA. I think this will evidentially have lots of profit turnover potential in the long term. As always, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.
Bullish on Short EURUSD EntryI'm bullish on an entry for the EURUSD pair that would be less than a five day hold. Right now, I think it is reaching the tip of the current bullish pattern but has some positive support to continue picking up the next few days. That being said, keep in mind that everything I say is on an opinion based basis. Please do your own due diligence and proceed with caution at your own risk.
Two Pairs: Short Term Bullish < 5 DaysRight now two pairs I expect some bullish action as extremely short term holds are CADJPY and the EURCAD. All the pivot points are close to reaching their tops though it is garnishing some support level. The short term patterns and the current bands also seem obvious to why they are positive right now but still short term entry than leave. As always, please invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis. Proceed with caution.
4 Pairs I'm Long OnFour currency pairs that I'm long on include: USD/MXN, CAD/CHF, USD/JPY, and GBP/HUF. I feel like USD/MXN is due for a reversal where it has positive retracement. CAD/CHF has more support levels to pick up. USD/JPY has long sentiment. GBP/HUF is also due for a positive retracement. The patterns for USD/MXN seem there overall. As always, please proceed at your own risk. Do your own research and due diligence. Everything I say is on an opinion based basis.
UPWK: Starting to Retrace: Next Target $18+Upwork looks like it is about to enter a continuation of previous patterns at the price entry, and I expect the positive wedge to have a current target of $18. This also has long hold profit turnover potential afterwards or you could shorten at the wave and buy the dip. I feel like the patterns are there, and the AO is just repeating itself. Also ADR, and the pivot is quite obvious. That being said, everything I am saying is on an opinion based basis. Do your own due diligence and invest at your own risk.
$TSLA Can Reach $1750+ Post-Earnings CallRight now, I'm keeping a close watch on the correlations again for Tesla. I think if Elon Musk surprises Wall Street again beating earnings, this stock can easily pick up support momentum like it was doing July 13th, and this may pass the $1750 price point. That being said, it is mid to high risk currently at this price given the tight time frame, but I'm still very bullish as I have historically been and likely will be. Keep in mind, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
Next Wave: Waiting for NZDUSD to RetraceLots of people seem to lack the patience to wait for the next wave in terms of continued bullish correlations. I been consistently shortening and trying to get back the dips, not being able to keep up with the market patterns in which you have seen overarching growth the past few days in general. Right now, I think as a hold, this may have a decent positive retracement swing, and seeing how profitable it seemed, looks like the next pattern is close to being ready. As always, keep in mind everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence.
Ready for the next wedge? USD/MXNRight now, I'm confident enough for an entry for the USDMXN pair for the next positive wedge correlation pattern. I think it is going to start garnishing some more support and picking up momentum very soon, and the pattern seems there. As always, everything I say is not meant to be taken seriously and is on an opinion based basis. Please pursue at your own risk and do your own due diligence.
New CEO for Potbelly, Bullish LongRight now given the sentiment around Potbelly's new CEO , I expect this to rise dramatically in price. The market will have a bullish reaction and positive sentiment as a result of the news, and it should be low to mid risk. As always, this is on an opinion based basis. Please do your own due diligence and proceed with caution.
Not a Big Fan: $1.78 Target (Curve is Steep w/ ADR)GNUS is one of those stocks that I didn't like from the beginning given the overly speculative investing and what seems to be somewhat of a pump activity going on. Regardless, funds have been overly bullish on this over and over, not paying attention to key patterns. Right now, I expect a continuation of the bearishness, and this should even go down at least to $1.78. At that point maybe some hope the price starts being neutral. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice.
Keeping a Close Watch on AUD/USDI expect AUD/USD to gain some momentum, and the beginning of some positive support seems to be here for the current wave. Right now, I am keeping a close watch on its correlations. As always, everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
EUR/SEK: I'm Bullish Long: Possible Bull Run?Right now on the EUR/SEK, I am willing to say I think a possible bull run is about the happen. It looks like resistance been going on for a while prior to the next positive wedge and looking at the different time periods, it may burst quite soon. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice in any way, shape or form.
Not a Big Dogecoin FanI been openly bearish on Dogecoin for a while now, and recently I heard it went up due to some "TikTok" challenge by some people. This is one of the most illogical and risky reasons for a crypto to go up. Yes, it is a meme, and there are some technological merits to Dogecoin. However, given what has happened, this needs to balance back down close to its original price point prior to the past wave spike. Until than, I have and will be bearish. As always, everything I say is on an opinion based basis. That being said, please do your own due diligence. This isn't meant to be taken as any sort of actionable financial advice.
I'm Bullish on ADT and ALLRight now looking at the 5 day charting pattern vs. 1 month periods as well as price correlations and support level, I'm bullish on both for a small profit turnover with low to mid risk. Currently, I'm keeping a close watch for these two on my watch list and the categories seem both similar though different. Pattern-wise, I'm expecting still continuation of similar RECENT correlations. That being said, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
I'm Bullish on WavesRight now, Waves had a really steep bull run and I'm still quite bullish on Waves. I think for the price it is and the technologies they are offering, this is one of the altcoins that can burst quite soon. Also, I think some of the patterns do show what can happen if it does have continued support. Look at the ATR for example. That being said, I may or may not have a conflict of interest. Everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
Flat ADR: Basic Attention Token Continued RiseRight now a crypto that is on the alternative coins list that interests me is the twenty seven cent Basic Attention Token. ADR is kind of flat, and even given the bull run retracement it had, I still think it has some ways to go in terms of a positive correlation continuation pattern. Right now I would say this is mid risk. Please keep in mind, this is on an opinion based basis. Please do your own due diligence and don't consider this actionable financial advice.
$NKLA: Expecting Downward Pivots (Still Overhyped)Nikola is one of those stocks I used to be a fan of. Last time, I said it was bearish it crashed, and frankly support seems mostly due to hyped up marketing. NKLA is fairly less than fair market value. Regardless if the CEO has real trucks on the road is irrelevant. The revenue and brand equity isn't there to make its valuation the way it was or is. Perhaps I see something wrong, but I don't production is positioning them at currently being a multi-billion dollar corporation. I feel it is overvalued and many people are trying to take it as a bid off of Tesla sentiment. This isn't how financials should work when fully evaluating a company. That being said, I would love to be wrong. I'm bullish on the overall potential of hydrofuel technologies and those reasons are quite obvious. Keep in mind, everything I say is on an opinion based basis, do your own due diligence and this isn't meant to be taken seriously or as actionable financial advice.
APWC: Potential Breakout? Look at the latest MPRight now looking at APWC, the market cap is quite low and the moon phase seems to be much higher compared to the past correlation linearly, indicating some sort of upcoming positive wedge. I feel like the charting is obvious, now the sentiment just needs to be positive as a result. That being said, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
Could this be due for a Reentry?Right now looking at the past post-bearish, you can see how the phases laid out. Right now, I think that GRIL pattern-wise may be due for another reentry. I also think that it does have some long potential still at this point. That being said, performance been mostly underwhelming, but potential seems there. I also want to see what is happening as more restaurants open up and they become more competitive with their advertising. That being said, everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence.
$TSLA: Shorts get Sunk: Bullish Long: $1480 Entry Prior to CallTesla right now has some interesting core pivot points even looking at the recent bull run wedge. Elon Musk seems to be extra confident prior to the earnings call and even if it has a small loss per share, it would still likely continue in its overall bullishness. Do we expect him to meet production quotas? So far, the guy haven't been doing a bad job. Looking at the autofib retracement, you see some key point indications as well as the dynamic points showing a past neutral level for some continued support. Even w/ a short squeeze, you can expect lots of resistance to be broken down. That being said, invest at your own risk. As always, everything I say is on an opinion based basis. Do your own due diligence.
Waiting for the Swings: WKHS and SHLLRight now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own due diligence.
ADOM: Easy Consolidation Buildup: Wait for it :)Right now, I think Adom is ready for an even bigger upcoming breakout wedge given the buildup in breaking the resistance curve for many of the bears. I would say it is a definite hold as of now, and that you may see some surprising activity quite soon. That being said, everything I say is on an opinion based basis. Proceed with your own risk and do your own due diligence. Keeping a close watch.