Bitcoin is looking very bullish -RSI now bullish -Bullish trend change
Gold has formed a decade long Cup & Handle and looks ripe for a major break out from a bullish pennant after a long period of consolidation. We are in the ideal macro setting considering inflation and selloff in equities.
LLNW Technical Analysis - Breakout to $3.84 from $3.20 levels
Price action on Bitcoin was make or break at the 42k level. We broke down to 36k let's see if we hold and reverse or breakdown to 30k level.
$EDR - Cup and Handle formed from IPO base. The handle is being formed above its IPO highs and will soon breakout to ATH. PT1 -$40
Clean breakout from with very good volume and curling up RSI
Oil is going higher, so is Sand Ridge Energy. Very clean breakout through channel resistance. PT1 - $14
$GLD - SPDR Gold Trust formed a decade long base cup and handle. Gold could see its next big move up.
PayPal is forming a base and will soon retest the $198 level, with good volume this will break above.
I strongly believe tech growth stocks will bounce back in Q1 of 2022. Affirm is currently filling a gap down and will look to accumulate in the $79-$72 range for a reversal
$MP - Materials Corp. seems to be moving well above EMAs and good volume. Very bullish sentiment PT 1 - $56
Work from home/Covid Stocks are on watch Growing fears of Omicron Variant in the market. Lockdowns and restrictions returning in Europe. Many colleges returning to online school. PT -$280
$NTR has been consolidating following its cup and handle. Waiting for confirmation of breakout above resistance
$PLTR has always followed very technical trading patterns. I believe this is the bottom for Palantir and will rebound from these levels into the new year.
Fubo forming a long double bottom Looking for clear rejection at $16 levels for PT - $22.86
Broke down from Cup & Handle on earnings Looking for reversal from trendline