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MRNA & end of the bulls?MRNA has had a few wild weeks going up from $120 to $170. I believe this could be the end of the bullishness and it may do a correction. Why do I believe this could happen? MRNA hit historic resistance of $170, after hitting that mark it began dropping. This resistance seems like it can hold. RSI is bounced off the 70 mark on the daily chart. RSI is overbought on the 4HR chart EMA's are beginning to cross over on the hour charts. This could be a tiny correction and just bounce off $160 before continuing its path to $200 so I would keep a close eye on the stock. What I am looking for right now is: 1st support - $160 2nd support - $139_$145 3rd support - $120 At this point MRNA going back down to $100 or even lower seems incredibly unlikely. Moderna's earnings arent too far away so that could act as a catalyzer that will continue the growth. In short I believe that MRNA could have hit the resistance and it will either go down to the listed supports or if it stays in these levels then it will most likely stay like this till earnings come which will tell what direction it is going to go from here. Please comment down your ideas and thoughts on this, I would appreciate any criticism you may have on the charts and analysis, and looking forward to your comments! I am not a financial advisor, these are my personal ideas an thoughts please do your own research before buying a stock.
NASDAQ:MRNAShort
by Geckie
10
$RMO PT 30 and higherRomeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. It also offers battery management systems; and design, research and development, and other engineering related services. Romeo Power, Inc. was founded in 2014 and is headquartered in Vernon, California.
RLong
by UnknownUnicorn19246015
MRNA going back down to $120?As mentioned in my last analysis, Monday will be the deal-breaker for MRNA again, and it failed to hold that resistance. Using historic data this will most likely drop down to $120 again before going back up to the $130s so this can be a great swing trade. BUT! Watch out for support at $126, using the previous downward channel trend resistance this can act as support so watch out for that. Reasons for bearishness: -Historic data of the resistance and dip (influenced the most) -EMA's crossing right now -RSI was oversold It's a clear bearish sign that probably won't last for long so look for a nice swing trade here. (I am not a financial advisor)
NASDAQ:MRNAShort
by Geckie
$QS PT 64-70 and higher...Long Term InvestmentsQuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. QuantumScape Jumps on News Volkswagen Will Invest $100 Million QuantumScape (QS) - Get Report shares soared Thursday, after the electric vehicle battery maker said it met conditions for Volkswagen (VWAGY) to invest another $100 million in it. “The milestone required Volkswagen to successfully test the latest generation of QuantumScape’s solid-state lithium-metal cells in their labs in Germany,” QuantumScape said in a statement after the close on Wednesday. “This will be the second and final closing under the May 14, 2020 stock purchase agreement between VW and QuantumScape that provided for a total $200 million investment," QuantumScape added. QuantumScape recently traded at 50.94 It has skyrocketed 420% over the past year amid investor mania for all things electric vehicle-related. "We are pleased to report that the QuantumScape cells met the technical milestones in our labs in Germany that we had previously agreed upon," said Frank Blome, head of the Volkswagen Group’s Center of Excellence Battery Cell. "Achievement of this milestone is an important step for QuantumScape and we look forward to receiving and testing subsequent generations of cells, with the goal of getting solid-state technology into series production," Blome noted. Last week, QuantumScape began a public offering of 13 million Class A common shares. “QuantumScape intends to use the proceeds from the offering to build a larger QS-0 pre-pilot line than recently announced; to cover its full share of equity contributions to its joint venture with Volkswagen for the previously disclosed 20-gigawatt-hour expansion of QS-1 joint manufacturing facility;" and for working capital and general purposes. On Feb. 17, the stock jolted higher after QuantumScape revealed a breakthrough in its battery technology and after billionaire George Soros’s investment firm disclosed a stake in the company.
NYSE:QSLong
by BADQOMOCAWGOWLD
$THBR Advent Technologies Inc. to combine with $AMCI AcquisitionAdvent Technologies Inc. to combine with $AMCI Acquisition Corp., creating a leading next generation Fuel Cell Technology Company $THBR update: Combination with Thunder Bridge Acquisition II on Track to Close Early Spring 2021 Clears Hart-Scott-Rodino Transaction Hurdle Company Sees Strengthening Autotech Demand and Sustainable Order Pattern Reaffirms Strong Revenue Outlook for Above Market Growth Current Industry Shortage of Automotive ICs Underscores Strategic Market Opportunity
TLong
by UnknownUnicorn19246015
$MJNE Sky HighhhNow that $MJNE will be under their own 4 licenses, they will realize 100% of the revenues and receive rent and royalties from their LOI with MKC. They have water rights and zero debt. Roger and Paris - “Our cost to grow is second to none.” Test results showing highest terpene levels... The future of cannabis is wholesale. Don't let the number of retail dispensaries fool you. This is just needed for the time being. Eventually you'll see these products at Wal-Mart and Costco. You are the early investor. "Mexico Cannabis Sales expected growth up to 2 Billion" Mexican Legalization Has Prompted Banks To Raise Price Targets On Cannabis Firms With Significant Exposure To Mexico
OTC:MJNELong
by BADQOMOCAWGOWLD
BOEING INVERsE HEAD & SHOULDERS 1HThe S&P 500 retreated to its trend support this last week and bounced big time back near all time highs. That being said, I'm bullish on the market this week. Boeing has a very nice looking chart on the daily time frame finding support after a swing high and I've discovered a very clear inverse head and shoulders pattern form on the hourly chart. A break of the neckline will be the trigger for me to look to go long. I'll be buying the pull back after the break this week for a swing trade. Reference my chart for a further breakdown of this trade idea. Thanks for reading and good luck out there!
NYSE:BALong
by hilosuccess
GBPCAD SHORT OPPORTUNITYIf you're a chart pattern trader, you'll most likely be able to spot what looks likes downwards channel which we anticipate a short move to the downside. A multi-timeframe analysis should give sufficient confirmation for a sell setup. You may decide to enter at current market price or set your pending orders below. My preferred timeframe of entry is the 4 hour timeframe. Any comments, suggestions or contributions are welcome. Have a lovely weekend and look forward to a new pipsful trading week ahead.
Short
by DalitsoTembo
SNDL-Repeating PatternsOn this analysis, we can clearly see the repeating patterns that SNDL been forming on its chart. -It is pretty clear how SNDL is in love with the Ascending Triangles. -While some triangles took days till the breakout (rise), some took months (purple triangle). So it really depends on market sentiment and investor's confidence. -The recent big rise again followed by a nice drop which brought the potential for another Ascending Triangle formation. -Another fact about the patterns is that every rise was followed by a bigger rise! But also every drop was bigger (in percentage) than the previous drop. For ex: While the first 2 drops were 24% and 40% big, the next 2 ascendings had a drop of 60% and 50%. And lastly, the recent drop was 70%. So each time, the returns are bigger, but the risks are getting bigger too! -Currently, the length of the triangle is 1 month and 14 days. The longest time it took to break the triangle (purple triangle) was 2 months. Looks like we are going for the 2 months long triangle formation again! -With the given lost confidence among investors due to the market volatility and rising bonds, it is more probable that SNDL will wait for couple more weeks to fill the 2 months period for another breakout and rise. -ATR is also getting close to its Volatility support level, but still has some space to drop. Probably will cause a little more drop in SNDL price as well.
NASDAQ:SNDL
by caldooninvestment
30
SXP/USDT-A cup with a handle or a potential head and shoulders?Hello everyone, analyzed the SXP/USDT pair In addition, I attach the SXP chart in a pair to the dollar to the recent forecast, which was paired with BTC It is worth noting that the open interest in this coin is very high, this can be seen both in the volume and in the news background It makes sense to look at it in the medium term. Here, too, a huge pattern is almost formed for the continuation of the uptrend " Cup & Handle" Now there is a final stage of formation in the form of the final element "Handle", the philosophy of this action is to accumulate positions, that is, accumulation, before entering the " price liberty zone" The green block on the chart 3.26-2.8$ is the buyer's block, the red block on the chart 5-4.32$ is the seller's block and the final resistance. The chart also shows hypothetical options for further price movement, the meaning of which is the same in the end, just with a different structure of the final accumulation. Why I do this analysis, and point to a possible "head and shoulders" pattern, is because many traders see the "cup and handle" formation. Expectations of a breakout of the level or a payoff from the green block are seen by everyone, so be careful and open a position only when you see a confirmation for yourself, in a particular position. Trade wisely, do not overestimate the risks in trading. Trade with your trading system, do not overestimate the lot in the position and do not overestimate the risk management. Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading. LINK IN BIO
by CryptoJaegerB
4