hit back to 50 MA after double bottom MACD postive Stoch positive RSI positive Huge volume incoming. be ready for a spike
Finally a green volume on daily chart and we are back at 50 MA with positive moving average and RSI. 1.9T USD stimulus passed the house yersterday and will be approved by Biden soon. much volume incoming the stock market. And announcement 17. Mar from Lucid, can bring us up over $30.
Positive indicators, will move up soon. potentially x10 stock here we can quickly agree that green energy is here to stay. and it will get bigger in the future. EV market need nickel, copper and lithium for their cars-battery. Global battery metals doing well REZZF for US market
Positive indicators, will move up soon. potentially x10 stock here we can quickly agree that green energy is here to stay. and it will get bigger in the future. EV market need nickel, copper and lithium for their cars-battery. Global battery metals doing well GBML.V for canadian market
Reversal head and shoulder 12,000 - 12,200 is the key point here. if we hit up from that point, then we good.
This is my favorite analysis I give my qualified bid here on how NASDAQ and the market are going to evolve. the graph is very similar to the financial crisis and makes exactly the same pattern, on top, bottom, RSI and MACD. 10-y bond have fallen and as I wrote in my other analysis, bonds will return to 0.95 and up again to 1.5. it's making a cup and handle...
50 MA tested, like 12. sep and 02. nov. and went back down. RSI overbought, like 10 year bond. Shorts will drop in coming weeks and long stock market. bullish on stock
As I told before, I'm bullish on CCIV. I added ABCD pattern in the chart to show how it will evolve. After all the noise is gone, it will hit back to the trending channel in the middle and up.
Head and shoulder pattern, left shoulder and head visible, waiting for right shoulder. keep an eye on right shoulder, it has to be bigger than left or else more down IMO.
Double bottom several times, looks like we have support here. RSI double bottom. we can see an inverse correlation between 10 year bond and nasdaq. to make it easy to understand, when 10 year bond goes up then nasdaq down and the other way around.
Double top in the chart Double top in RSI Double top in MACD THIS CAN ONLY GO DOWN and STOCK MARKET UP! reversal correlation
RSI overbought and I think 10 year bond is in a cup and handle formation. I see a crash or big correction in 6-10 months in the stock market. Conclusion is that short on bond and still bullish in the stock market and I think we will push back to higher level in short time in stock market.
Huge dump 17. feb, right before the big correction. RSI not much oversold yet MACD has no cross yet don't see a huge buy volume at support level 40 ish. Will follow the bearish channel down IMO. SELL
Looks like we have support here and just turned back from 26 range as I told before on one of my other analysis. RSI was too oversold and now pushing back above oversold level. MACD just crossed. NASDAQ just made double bottom, and 10 year bond could not reach above 1.51, good signs for bullish. Based on Fibo level and RSI Price target 1: 34 Price target 2:...
NAV at $10 and current price is near $10.50. Risk/reward very good 1 hour, 4 hours and daily totally oversold. BUY
I was one of the few who did an analysis where I told that CCIV would drop a lot. but this is absolutely an oversold level. People may be totally crazy, this stock will be pushing back! Support at 26, 20, and 16. Push back more likely from 25-26 range, good support here.