PAYC broke out of downward trendline and just confirmed the cup and handle on the daily time frame - should be easy 20% - doesn't look like much significant resistance on volume profile.
As you can see, there is a trendline that has acted as support several times and we have gotten a bounce from each time. Don't panic if a candle wicks below this, however if there is a FULL DAILY CLOSE below keep a close eye on it as this could mean we will see a larger correction / breakdown. If it closes below watch for a confirmation on the daily time frame -...
INJ looks to be breaking out with some good volume coming in. Looking to hit at least $24 - probably more if it can close above its previous ATH. *I am not a financial advisor*
Bull Flag breakout would put us up about 55% - Price target $15.90 - watch volume for breakout confirmation. *I am not a financial advisor*
Nu has been stuck in a very wide downward channel for ages and is on the cusp of breaking out (Almost did it last night, but then BTC dropped and it fell back in). If it can break out, huge potential gains (especially if considered one giant bull flag). Golden Cross on MACD on the daily is a good sign that this will happen soon! *Not financial advice*
Not sure why, but AKRO is getting a lot of buying volume in the past 16 hrs. It is just about to break out above the 24 hr EMA ribbon and the MACD crossed on the daily time frame. Could see a pump coming - it is 125% down from its ATH. *Not financial advice*
Matic / Polygon broke down from a rising wedge - Price target $0.66 - though might not be a bad idea to put a buy order in at $0.7 as this is the .618 fib level and will probably be bought up quickly once it drops some more. I think it will recover after this correction and could go much higher in long run, but for now is best to let it cool off. *I am not a...
Bake could have another 60% coming if bull flag breaks out. Price target ~$3.25 ~I am not a financial advisor~
Giant W forming on the 4 hr chart - if it completes, Link should go up to about $40 *I am not a financial advisor
Looks like a reverse head and shoulders pattern forming, with price target at $1 nearly exactly, however ADA Needs to get back above .88 or this will be invalidated. *I am not a financial advisor*
Link is in an ascending channel and price is currently approaching the lower trendline of it, meaning it will could bounce up towards the upper trendline (Target 1), even potentially breaking out of the channel and bounce still higher (Target 2 - similar to what UNI just did), OR it could breakout below the channel (Target 3 Bearish prediction). As we are in a...
Elliot wave #5 could be coming soon :) *I am not a financial advisor*
OMG is forming an Ascending wedge, which has a Bearish bias (more likely to break down), however it got a boost above the moving averages and the MACD crossed, signaling it could continue upwards. We will have to wait and see which way it goes. Volume is low, so keep an eye on that and wait for a breakout confirmation bounce. *I am not a financial advisor*
NMR overall is forming a nice bowl with upwards trajectory coming. IT recently broke two downward trendlines (diagonals from peaks) and got a bounce off each. Look for another breakout confirmation bounce and next target is $38 - $40. After that, it could come down some, but still close at a higher high. *Just an idea from one noob to another; NOT financial advice.
Possible Elliot wave pattern forming here, meaning there will be some more breaking down before the bounce at C, which should hopefully then break out of the descending channel and start a new uptrend. What do you think?? *Just an idea - not financial advice.
Last I checked the long-term moving average had crossed over the short term, meaning some more declines expected in the short run. Possible to get a bounce after they re-cross. Analysis based on fib retracements *I am not a financial advisor, and do not have a crystal ball :)
CGLD likes to spike up, seemingly out of nowhere - 3 smaller spikes in the last 24 hours hit up to 1.60 (5-6%). It recently shows a W reversal after a long downtrend, and is currently on an uptrend. If it can break above the previous downtrend, we could see a BIG spike to 2.25+ *Just an idea - not financial advice
After the massive selloff yesterday I think more losses are yet to come. Chart pattern is looking like a bearish pennant. :(