IMO ETH is now setting up to be a potentially highly lucrative play, human emotion specially fear is an angle we will play off of to make money. Basic fib levels and or or movement indicate a bounce exactly at this level, worth that being said I expect to see some bouncing in price within a range before an actual breakout. PoS is inevitable and will address many...
In todays analysis, I will be looking at and breaking down the reasoning for my incredibly bearish stance against apple as we will be looking at the weekly time frame in todays breakdown. To begin, we can easily use prior levels of S&R in combination with Fibonacci levels of retracement, which in my opinion give us a clear map as to what will occur within the...
First off, I would like to preface this position with the concrete evidence of NIO further positioning itself as the primary EV of choice of the Chinese population. The market in which they are already expanding in has potential to result in return, especially long term that will be incredibly lucrative. Furthermore, as society and the political spectrum further...
Added some basic Fibonacci levels of retracement to further my opinion. However from basic price movement and these intense fluctuations over the last few months, from a technical standpoint this stock is primed, furthermore, fundamentally they are just as strong and have been reflecting this in quarterly and annual revenue growth. Get in now - I love this stock...
I’ll keep it short and sweet, first off - check the 200 day EMA and where the current price is… google search this company and see what they actually do, trade on rumors and see what happens, guaranteeing this stock will be north or $20 by Christmas…. Time to get before takeoff…
The ceiling has been tested and rejected, price drop imminent in Microsoft - great time to load up on puts... This could get real ugly here..
The chart is self explanatory - once the first bottom solid gold line is held/broken (which it is doing as we speak) look for a test up to the second solid yellow bar above it. Could see this happening within the next 1-2 weeks due to the volatility and the power of crypto. Down the line long term, I easily see Ethereum at 50k or higher as a initial price target...
$PLTR is about to explode these next couple of months, basic trend analysis along with long term trading of the stock - patience will pay off dividends by October for us...
Looking for $C to absolutely run within the next week or two... The chart is self-explanatory with supply zones being pushed back into... We shall see..
I feel like this chart is self-explanatory and wanted to keep it simple... I am very bullish $PLTR long term and short term. Let me know any thoughts...
Focusing on the daily here IMO I believe Citigroup ticker $C is absolutely primed for a move up. I am extremely bullish for a rotation back into the financial sector but also from a technical standpoint. As we can see a solid bounce on our higher time frames with lots of sellers getting shaken out. RSI plenty of room to run, focusing on W formations on the...
Focusing on the smaller 30m time frame here, however as we can see we have a triple bottom forming accompanied by the bullish spikes in volume. Simple price analysis and understanding that volume is needed to show conviction, I firmly believe we close today above $424 and will continue to see a bullish run in SPY to new ATH's...
This is my analysis for Northgrop Grumman Corporation, also known as $NOC and is a stock in which I am extremely bullish and wanted to over the reasons why. First, as we focus on the 1HR time frame for this stock, we have an inverse head and shoulders pattern that has nicely formed - and is currently forming a wedge out of the pattern (an extremely bullish...
As we can see, Draftkings is finally waking up after months of healthy consolidation. Look for this stock to surge upwards in price in the near future, besides the profitability of the sports betting industry - here is my reasoning. Price testing at the final Fibonacci level the .236 (roughly $57.26 price level) shows this bullish divergence and once it breaks...
A stock I truly love right now and am expecting a leg up within the next week or two is Palantir, $PLTR - As we can see on the daily, we have a nice consolidation of price after a recent leg up.... Price is currently now wedging while RSI is selling off AKA setting this stock up to FLY.... The larger the base (of consolidation) the larger the jump (price) Love...
As we saw today for the first time in a while, a long-overdue increase in VIX (up 7.24% on the day) and a red day for SPY (-1.19%, down -$3.90) the question is now what will happen? In my opinion, as you can see on the chart - once VIX starts to correct and gain momentum and move upwards, due to the countercyclical relationship VIX has with the S&P500, in my...
The first reason I believe we WILL see AMD rise in price in the near future can first be rationalized by looking at my 20,50, and 200 day EMA's. As we can see, this is a prime position in terms of the stock gaining momentum as I believe the 20 day EMA will cross upwards on the 50 day EMA - when this happens expect a price increase easily to above the level of the...
After an eventful day in which we saw large amounts of volume drive down MRO, I still believe long term this stock is gold and how even today, a red day can be reflective of how sturdy this stock is. Furthermore, I predict the price could consolidate in this range for a little bit of time due to the fact it will need to push through .236 level of resistance once...