I believe Tesla will continue to pull back into its .50 - .618 fib zone, after breaking up above its downtrend (black line). I will be waiting patiently and looking to buy between approx $207 – $223. My take profit targets are listed on the chart, with TP #1 at approx $498. This would be a long-term trade for me.
I believe AAPL will continue to fall into its .50 - .618 Fib retracement zone, or it may even drop to retest its downtrend line (black line). I'll wait patiently, then look to go long, most likely with DITM calls.
I'm looking at ANKR/USDT. I want to go long after it drops to the complete right shoulder on weekly TF. I will begin to DCA soon to build a position and look to exit around .10 cents
$ANKR is bouncing nicely off the 200 MA & upward trendline.
Lower Timeframe, BUT ANKR will PUMP soon!! Once we break ATH's we're headed to $1.00. It's inevitable.
This is the weekly chart for ANKR/USDT. Look at the RSI. It's showing that ANKR is very oversold and our two lines crossing and moving upward is a bullish signal. It's also looking great on the daily charts. Let me know what you think! I will update you as the trade progresses. I believe this momentum (If BTC does well this week) will take us back to .19-.23...
I'm looking for SPCE to go LONG after its retracement to former support (Highlighted in Yellow). It is also currently at a .618 Fib level. SPCE missed its quarterly earnings, which drove it down to this support, but also, released very exciting news about their new design for supersonic travel. NYC to London in just two hours! They also stated on the call that...
This is scaled in on the 15 min chart. If we can get above VWAP, I think we'll pick up enough momentum to breakout of this wedge pattern to the upside. However, fundamentals continue to kill us as second wave of the virus pick up drastically across the country. Use proper risk management and do not over leverage.
The airline stocks took a big hit yesterday after Gov. Cuomo said visitors from highly infected states would be expected to quarantine themselves for 14 days once arriving in New York. However, today we made a decent bounce back off of previous support forming a double bottom. I am worried about this second wave of Covid cases spreading across the country, but all...
Las Vegas Casinos are opening this Thursday, June 4th. They are fully prepped with anti-virus protection. I believe there is plenty of pent up demand. From what I can see people are out spending money in all sectors; even vacations are starting to be planned/taken. The protest/riots happening across America aren't good for business, but as of right now, it does...
American Airlines may soon take flight. The stock has been driven down to its 52 week lows and I believe the support is solid enough to create a reversal. We can see an inverse head and shoulders forming. I think if we can close in a bullish engulfing candle above $30 it will be a great indicator that the stock will continue higher.
I think the eur will retest the broken support and be ready to short once confirmation is given
I think once Eur can push long to break out of flag pattern, we will then see a retest, then a continuation long.