1. CPI/FOMC (13th / 14th Dec) 2. Rally Post mid elections (Georgia is Rep) 3. Fib Retracements 4. MA 50 as a support 5. Lets wait for daily closing above MA 200 as a Support 6. Let get downtrend for DXY confirmed (inverse to SPX) 7. Logic: FOMC eventually will decrease the rate (due to decreasing inflation) -> treasury price (inverse) down -> flow of funds...
Potential factors to consider: 1. COVID Ease; 2. US inflation is getting under control. 0.3 % behind the forecast as reported yesterday. 3. Chinese New Year 4. Taiwan is just a noise Just my thoughts, not an advice at all. Regards, Asky
1. Potential double bottom formation on daily timeframe. 2. OBV ascending 3. WT_LB and CM_Vix_Fix indicate potential oversold position 4. Accumulation/distribution frames are indicated.
1. Falling wedge on weekly timeframe. Potential breakup. 2. WT_LB and CM_Williams_Vix_Fix indicate potential oversold position. 3. Based on sample of accumulated population data such combination of variables work out in 86% of cases. 4. Potential range for starting position accumulation. 5. Compared against NIO and LI. Relatively oversold position. Just my...
1. Fib retracement as TPs 2. Only local pullback. Getit closed shortly after getting required return 3. Potentially double bottom 3. CM in conjunction with WT_LB indicate potential local reversal
1. Potential pullback to $160 2. Get gaps closed 3. Following the strategy we had the same variables in May 2022 and January 2022. Not a financial advise. Just my personal thoughts.
1. Classical pattern "cup and handle" substantiated by WT_LB and CM Williams.
1. Potential double bottom 2. WT_LB in conjunction with CM (thank you very much LazyBear and ChrisMoody for sharing your indicator with the community). Based on sample of total population of 62 cases the results of combined use of these two indicators is 82%. 3. TP 1 - 59.2 (average out position is $8,400 at 52.7) 4. Trigger stop loss (5%)
Building on developments around Ginkgo Biowork’s cell programming platform which enables the growth of biotechnology across diverse markets, from food to fragrance to pharmaceuticals. Today I would like to present detailed assessment of OBV (on balance volume) indicator re DNA. In theory, volume goes first the price follows. OBV is increasing when volume on up...
1. Fundamentally sound. The only problem is Ark's continuous purchases. We all know who plays against Katy. 2. Breakout of downward channel. 3. Let's watch the pull back at low level to 2.35-2.45 4, Fib Retracement with clear TPs and support and resistance levels. 5. Bullish divergence. 6. Just an idea for watching out. 7. Do your own research. It is not a...
1. Golden Cross 50/200 2. Watch out volume 3. GAPs to close
1. Potential accumulation phases 2. Long targets 3. Three scenarios 4. Watch out volume DYOR and use stop loss
1. Volume 2. MACD Divergence 3. Fib Ret Levels 4. Breakout (Falling Wedge) 5. Accumulation phase
Strategy: 1. Wait until closed above $28 on daily timeframe 2. Potential falling wedge breakout. Trading at upper side. 3. MACD Divergence (daily)
1. Test downtrend at $24. Certainly will be rejected. 2. After that get $21 tested as a support level. 3. Most probably we will get to $12.5 4. Trading strategy: a) Wait for a breakout from this falling wedge. Most probably after we get to $12.5. b) Fundamentally assess how Q4 results have been affected by the pricing change in subscription fee and most...
1. Get it shorted at $33 - $35 2. Close two gaps. 3. SL $36.5. If holds more than $36 for 2-3 weeks. 4. Targets - 30% at $26.5 - 30% at $21.5 - 40% at $16.5
1. Testing breakout 2. Bullish divergence. MACD Daily timeframe. 3. Two scenarios. More inclined for green. 4. Resistance lines 5. SL closing below 25 on daily timeframe.
1. Falling wedge breakout? 2. Testing 0.618 retracement? 3. If not then road to $60 is open.