Anything under 1600 is a bargain. This could be 4000 by August
We are going up. Preparing to test .618 fib level and going above 60k by mid April.
BITCOIN is due for a pullback before we go any higher. Also, I think that before years end we will find out the truth of what is to come for Bitcoin in the coming years. I plan on buying more at 16k.
Tesla today had a major breakout of 14 points and now we look tomorrow to see if it can continue this momentum. Earnings 10/21, should be a great catalyst to continue the run, although be careful because I expect it to test local support tomorrow morning before heading higher. I currently have it in an uptrend on the Schaff Trend Cycle but Wait for Confirmation...
Inverse Head and shoulders, and potential long position idea.
QQQ is getting ready to break the uptrend and test lower levels this month.
A couple weeks ago BYND was in a Bearish triangle and ended up dropping below support. New catalysts are in play now and could mean a Bull run. Let’s see tomorrow if BYND can break the downtrend and hold. If it’s weak tomorrow at open then it could drop to 110s Right now I’m neutral but interested in making some type of play on this stock.
ZM has earnings coming up and is due for some retracement. The Elliott wave shows a good possibility of seeing some lows from last month.