Jonalius

Jonalius

On the daily chart we can see that a similar candle was just printed to May 16, 2023, in which Tesla stock hit a local bottom before ripping to the upside Along with this, we can see the RSI is posted up just below the green line, However this time with a bit of distance from the orange line... I want to show a few local levels to watch for + a path to the...

Jonalius

PayPal is currently sitting -22.66% YTD, while fintech has been mostly obliterated throughout 2023 due to SVB, Treasury Yields, etc. However I see PayPal having an extremely bullish 2024, similar to what the magnificent 7, & more specifically Bitcoin, has seen in 2023. LET'S BREAK IT DOWN ON YOUR LEFT WE HAVE THE NASDAQ:PYPL MONTHLY VIEW, RSI BOTTOMED ON...

Jonalius

Viewing the 2 week chart, we can see Tesla forming a possible inverse H&S pattern, which, if plays out could take the stock to $500. Not ruling out this possibility

Jonalius

Looking at the 1 hour chart we can see some small bearish divergence developing on our trusty TDI indicator, suggesting a small pullback is likely Here, I've highlighted several key support zones to watch for in the next few trading days - week - 378: could fill the gap to the downside to retest our 50 hour moving average (Yellow circle) - 370: a key fibonacci...

Jonalius

2 week chart. Stochastic RSI is about to close a golden cross... Bull flag has been broken The next fib level is all time highs...

Jonalius

Tesla's current price action & indicators are appearing to be very reminiscent of May 17, 2023, in which NASDAQ:TSLA began its last major run up to $299. Today we see very similar setups occurring with potential strength, lets break it down - RSI in our TDI indicator: As highlighted by the green circles, the RSI is making local higher highs, signifying that...

Jonalius

While the overall stock market has had one of its best years in a very long time, we can unfortunately see that Paypal has gotten no action in 2023 as this selloff has been ruthless for the stock However, taking a look at the monthly chart, we can see the RSI on our Traders dynamic index reached a bottom on June 2022, & has been slowly advancing upwards since...

Jonalius

Last week QQQ successfully broke out of its 4 month bull flag we have been forming since July 2023. Weekly stochastic RSI hints that bullish momentum is likely to continue for several weeks potentially into year end Watching this indicator closely Daily View:

Jonalius

Looking at the monthly chart we can see Dogecoin is having a significant rally while our RCI indicator is flashing a very bullish fractal pattern For the first time since May 2020, our red line is soaring above the green, after an initial rejection (see the squares for reference) what this tells me is 2 things: 1. Dogecoin is getting ready for its next major...

Jonalius

Looking at our indicators once again, we can see on our favorite TDI that the red line (RSI) has breached through the green line today after a small 1.7% rally. The last time RSI on the TDI traded sideways before breaking upwards was April 2023, which saw momentum towards $299 in an 83 Day rally If our RSI continues to gain upward momentum in the coming days...

Jonalius

AMEX:SPY is closely replicating S&P 500's movements throughout Fall 1978 - 1979. Watching to see if 403 or 390 are the bottoms, these are based on AMEX:SPY 's fib retracements with July 2023 being the local top. Will be watching this chart closely in the coming weeks

Jonalius

Following a monstrous rally in Bitcoin's price, we see clear bullish divergence on the 2W chart forming with RSI higher than where we were with $47K Bitcoin in April 2022. I believe we will soar to FWB:48K leading into the halving, with a massive rally towards $80K to follow after Q2 2024

Jonalius

Using the fib retracement from our last previous cycle high, we can see yields have rallied to our 1.618 level, potentially signifying a top in yields may have been reached We also have a triple bearish divergence on the monthly RSI almost creating this rounded top / head & shoulders pattern, signifying bonds could rally significantly with stocks if this is truly...

Jonalius

Before the earnings call was underway, Tesla printed a bearish reversal candle engulfing the previous bullish candles & killing all bullish momentum for the short term Expecting the 213 level to play a key role within days. No signs of a bottom yet, but get ready to buy

Jonalius

On the daily RSI, we can see a theme of consistent higher lows being formed since the August 18 bottom If price holds up into earnings, I would not be surprised if Tesla rallies back to the $300s on Model 3 Highland & Cybertruck delivery day news, a belief of mine that I've long held for the past 2 months I do not think we will see a significant selloff like...

Jonalius

The Qs could face a significant test in the coming days, will it hold above our 366 price level at the 50 DMA & potentially flip 373 as support? Or is a retest of 349 coming? So far on our indicators, we are seeing a MACD flip bullish & the stochastic RSI gain strength However we did experience a significant correction this morning after topping out at 373, this...

Jonalius

We are 2 green MACD candles in on the monthly chart, went back & found the last times we did this (there are only 3 other times since 2013!) This clearly tells us a big move is coming real soon

Jonalius

12 day showing a gravestone doji candle, signaling this rally we've seen since July 2023 could have been a simple dead cat bounce before sinking lower. Bullish for stocks