$TSLA bullish momentum confirmation so Tesla started to have huge volatility cause we visited our strong support above the 777$, now if we never visited this level again this will confirm that will see price of Tesla go to all time high, however we have one resistant to confirm our bullish momentum which is at our descending line , and we have to close at least 1h candle above our level, we might see bit of rejection today, if that happens we should hold this time above 884 to confirm that we will break or resistant near the 949$.
Pricetarget
Roblox looking good at these levelsHello Friends!
I’m liking Roblox here at these levels. The average analyst PT for 2022 is $105. IMO this is set up nicely for a short term trade and/or long term hold.
My price targets for the short term are…
#1: $71.90
#2: $77.82
#3: $85.96
Support price is $54
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
Apple 15M ChartPrevious Double Bottom Pattern (Invalidated)
New Pattern:
Symmetrical Triangle
Price target if breakout to the upside: $168- $169
Price Target if break to the downside: $150- $151
If Price Breaks Above Top of Triangle: Wait for a Retest (to confirm support), Then Enter Long
If Price Breaks Below Bottom of the triangle, Wait for a Retest (to confirm resistance), Then Enter Short
Note:
Tomorrows Fed meeting could have either positive or negative implications for the Market in General.
40K the price to hold for BTCBitcoin is currently at a pivotal point. If we can hold the 40k lvl, a bullish move upwards is possible. In that case, we should try to gain the previous range (45K).
And a rejection of the previous range is also possible.
if we can't keep the 40k lvl and close a (at least a 4 hour) candle below it, we can see a fast move towards 35/36k.
The VPVR shows that between 45k and 36k very little handles volume has taken place.
Around 36k we see the volume increases drastically, this shows where there may be support and where there is willingness to buy.
Let's wait and see...
VET/BTCDirectional Bias: Bullish
Pattern Type: Non-Directional
This pattern is comprised of three phases and looks a bit simular to a frying pan. There is the Lead-in Phase, the Bump Phase and the Uphill Run. The lead-in phase is the handle of the frying pan before a larger decline. Following the decline, The bump phase forms as the price forms a flat or rounded bottom. The uphill run phase is after the breakout. For this type of formation to be analyzed an arithmetic scale will need to be used.
Volume description: Volume is typically high at the beginning of each phase and decreases throughout each phase.
Measuring technique: The price target is the descending trendline drawn across the hihgs in the lead-in phase.
Bullish so long as 970 is support.My preference: Bullish so long as 970 is support.
My pivot point is 970.
Alternative scenario: the downside breakout of 970 would call for 827 and 743.
Comment:
The RSI is above its neutrality area at 50.
The MACD is positive and above its signal line.
The configuration is positive.
The stock is trading above both its 20 and 50 day moving average,
Stay vigilant -
Advanced_Analyst
Fortescue Metals: as long as 18.17 is support look for 21.54Alternative scenario: the downside breakout of 18.17 would call for 17.2 and 16.29.
My pivot point stands at 18.17.
My preference: as long as 18.17 is support look for 21.54.
Comment:
The RSI is above its neutrality area at 50.
The MACD is positive and below its signal line.
The stock could retrace in the short term.
Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 18.88 and 16.89).
Trade Safe -
Jimster45
JUMIA FALLING WEDGE PT $15Recently broke out of falling wedge and is likely to bounce off of the top of the wedge and use it as support.
Double bottom recently played out inside the wedge.
JUMIA has been in a downtrend for months.
Price target around $15+.
This is no guarantee and is just my analysis.
Not financial advice.
Trade at your own risk.
QNRX first FDA-approved treatment for Netherton SyndromeQuoin Pharmaceuticals (NASDAQ: QNRX ) is positioned to deliver the first FDA-approved treatment for Netherton Syndrome, a devastating disorder which affects 1 in every 200,000 people worldwide.
This month, QNRX Signed Multiple Exclusive Distribution Agreements for in various regions of the globe for its Lead Asset, QRX003, for Netherton Syndrome.
JMP Securities Initiated Coverage on Quoin Pharmaceuticals, Ltd. ( QNRX ) with a Market Outperform rating and a price target of 8usd.
QNRX is massively oversold having a bullish divergence chart formation and fundamentals that can skyrocket the price to 12 usd in my opinion!
Could be a Great buy opportunity at $1.91 today!
$SPY — Market Forecast, 12/18/21We closed out last week with a spinning top on an increase in volume.
I actually think we have to go a bit higher to fill that slightly-open gap to the upside before we pull back.
Not all markets are going to be trading in sync, so pick and choose which positions you want and be careful with how you’re spreading the market in this particular point in time.
So my initial price target is an upside move to $465, before a pullback down to $455 and this being a two-part forecast puts the target date just before the new year.
CWBR antiaging stock Price Target I think antiaging stocks will be the new FAANGS in 5 to 10 years.
Immortality here, on earth, is the next frontier for the medicine.
CohBar is developing mitochondria-based therapeutics for the treatment of chronic and age-related diseases.
On 11/12/2021 Cantor Fitzgerald brokerage Initiated Coverage on CWBR with an Overweight rating and a price target of $2.50.
This all time low looks like a great buy opportunity for me.
Looking forward to read your opinion on it.
BTC PRICE TARGETSAscending Wedge
Currently at the end of Wave 4
We should see either a breakout or breakdown during Wave 5
If we breakout, price target is $120k-$125k
If we break down, price target is $25k-$30k
Considering the direction of Wave 5, I would assume we will breakout. The only way that I see this not happening is if Wave 4 breaks down from the wedge.
I see the top of the market in Mid-January to Late February.
Not financial advice!
Happy Trading!
Triple bottom pattern on NanoAfter the recent crash, it kind of put everyone off guard because we expected everything to explode in December! Things are going to be a bit different this time, however I don’t think the bull run is over. However, I’m seeing a bullish pattern form on nano with a price target around $11. I’m guessing we might reach this target mid January
Starbucks To Rise Monday I am bullish on SBUX based on the technical indicators I use, especially the MACD. I see SBUX hitting a minimum of $112 a share by the end of the week. Divergence+ shows a green cloud below the most recent candles showing bullish divergence while MACD shows a decrease in selling power. This is an opportunity for SBUX to pop a small 2-4% this week.
What are your thoughts for SBUX?
Do you have a stock you want me to analyze?
Comment below and make sure to like if you like this analysis.
Tencent Holdings Limited - 700• Sharpe correction to the 23.6 Fibonacci Retracement since February 2021 (weekly chart)
• Building up an ascending triangle in the daily and weekly chart
• For a further upside the stock has to close the gap at 512.6/529
• If the stock is able to close the gap, new price target at 606
MANA Price TargetsWe're very clearly somewhere in the SOS or BU phase of this reaccumulation. So, I started asking how high can we go?
Here's what we have:
I drew two trend lines to consider possible future paths of respect. As you can see, they intersect very near the top of our upper band of resistance. So, as we back up, I think we will land in or near that yellow circle between the two trend lines. Using that as the bounce point, I then used the fib extension to guess at amplitude of the next run. Not knowing Elliott well enough to use that system as a way to check my work, I fully admit this may be off. If anyone knows Elliott well, maybe there's a place where our two methods come into focus with one another?
Price Targets I'm looking for:
ZONE 1: $5.00 - $5.50
ZONE 2: $5.50 - $6.50
ZONE 3: $6.50 - $8.00
ARCB Gapped up 3 times to get out of Falling WEdge $5 MoveFalling Wedge Break with Ceiling to the upside of $5 before it hits its first level of resistance. Gapped up 3 times as it moved out of the wedge.
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by iCantw84it
11.11.21