Head and Shoulders formed on the Daily. The price has clearly struck below the neckline showing it wants to come down. Aggressive traders would take full advantage here but conservative traders will wait for the price to go back up and retest the resistance before the fall. 21>7 Price<200 RSI<50 R118.00
JSE:DSY is looking good for a long position. the stochastic and MACD turned upwards a few days ago and now finally the EMAs have crossed upwards, confirming the signal. If it trades higher than it currently is, we will be entered into the trade.
JSE:DSY is few Rands away, ~R7, to give all the YTD gains. Hectic, but did you see the JSE:SBK chart? JSE:STXFIN is also moving lower, at a quick pace. The sector is under pressure.
The monthly doji candle close paints retracement & we’ve only been range bound. Like to see us test lower support for either a double bottom or breakdown to a lower low. Bullish long term on this project and would accumulate a small bag. Let the show begin!
Early innings in a brand new world-class lithium discovery, in Quebec, Canada.
Discovery hit our target at R132.65 New Cup and Handle Target R151.00 RSI >50 and heading up Bullish
Discovery showing another nice short position... It's broken below an Inverse Cup and Handle on daily and momentum is favouring downside. Target R56.12.
I realize majority of people will read this and laugh.. that's on you if you miss out - I'm just pointing out the possibility and I see it clearly in the math: So this is the most extreme upside case that I see for QQQ near term. I posted a bigger picture for QQQ with what I think are realistic targets in normal conditions. This is a special case that can occur...
The purpose of this post is to define a setup that I have backtested and am now seeing for a ton of names in the market. I'm going to kill 2 birds with 1 stone and also make a forecast for CAR near term. I'm not sure if there is already a conventional name for this setup, if so let me know! Otherwise, I'll be referring to it as a "swivel": Rules: - Let x.l be...
Discovery looks to be on a strong trajectory up since it broke up and out of a Cup and Handle formation (shaded area). My first target would be around R226.00.
Price is well supported at 21. $33 is a significant resistance level. Do note that this is consider anti-trend trade. Trade safe
An inverted Head and Shoulders pattern has formed on JSE:DSY if it breaks through the neckline, we could see a ove towards the target and resistance level at around 180000
Private Investors, Professional Investors, Institutional investors Everyone agrees to buy Discovery. I would say that the title will be appreciated in the coming weeks Then if it does, we’ll find out together.
Discovery Elliott Wave analysis Discovery just finished a descending triangle ( top declining b, d ; bottom flat a,c,e ) fallowed as expected with a new wave 1 We can see a clear impulse Wave 3 of one degree down, who s traveling fast and upwards. I expect a retracement of Wave 4 with support from the channel at $27.50 Disclaimer My content is...
The Bitcoin Pattern aka THE CORN PATTERN Have you noticed something familiar, or repeating but couldn't quite figure out exactly what was happening. Truth be told,, The Pattern that's programed in . We could use this pattern to predict Bitcoin's next move potentially. Don't forget to inverse it, it does that too...
Get excited about this coin. - One of the best tokenomics in the market. - Current Supply 12,072,738.00 QNT / 14,612,493 QNT Max Supply - Just like Bitcoin QNT has limited amount of coins. - Simply econ 101. - When supply is maxed. Demand continous to grow. Price goes up exponentially. What is QNT? - New coin launched in late 2018. - Just reached major...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 27, 2021 with a closing price of...
DISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level. It has consolidated nicely after breaking out of a supply line that has held it down for months now. It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30...