Hi guys! This is a Technical Analysis on this relatively new company Informatica, Inc. (INFA). But the focus is not the company but rather on finding these specific trends in price action. This analysis is done on the 1 Week timeframe. Main takeaway is that its powerful to be able to identify when Price action reaches a Major Resistance or Support level. It can...
$PLTR is at a critical level here, basically hitting the IPO demand line without making a higher high before. That demand line better holds, so PLTR continues to make higher lows, if it breaks, look for support at the .618 retrace at around 22.50$ Below that, we have a little bit of history in the chart at around 21$ and the psychological support at 20$. If we...
Personally, I've held Bitcoin throughout the entire bear-market, so I'm in no rush to buy more. However, seeing as we're at a critical juncture right now regarding BTCUSD, it doesn't hurt to have a plan in mind for when next to dollar-cost-average or buy aggressively. The chart shows where I believe bitcoin could go in the coming months, and I've indicated where...
Crude Oil has broken its trend line. The counter has also broken its key support level of 55.35. It is currently retesting its broken support level. Hence we expect the pair to head south from here.
D1 - Special cycle, we have two false breaks with two divergences. H4 - Bullish divergence, false break. Price positioned itself above the D1 100% fibo extension. In other words trading above the critical level. Hi - Currently it looks like a pullback is happening, once the pullback completes itself we may then start looking for buys with more bullish evidences.