During the current upward swing of the market, i believe QQQ will break back through its 2 year trend line, indicating a bullish market, and a faster momentum upwards. But, because the SPY price action has fallen further than QQQ, I believe the momentum will subside before it is able to break the trend line, therefore when the price action retests the trend line...
Tesla looks like it’s about to take a break from its vicious pounding in the market, potentially returning to $270. But it looks inevitable that NASDAQ:TSLA is going to come across some very serious trend lines soon, joining at approx $170 end of April, right at the earnings date….
HIMS as sitting above a trend line that been solid since 2023, hitting the 61.8% on fib retracement. Looking positive on 4h relative strength as well as macd. HUGE POTENTIAL!!
CLS looks to be ready for its next leg up. Hitting the fib retracement at 61.8% on the daily. And generally in an upward momentum. could get up to $170..dicey in the current market. But holding for a month hold or so wouldn’t be a terrible idea !
I’ve been watching Uber’s stock (UBER) closely, and it looks like it’s forming a Head and Shoulders pattern, which is a classic bearish reversal signal. The structure is pretty clear—there’s a distinct left shoulder, head, and right shoulder, and now it’s approaching the neckline support. If it breaks below that level with strong volume, I wouldn’t be surprised to...
Celsius Holdings Inc. (CELH) has exhibited the cup pattern multiple times over the past few years, consistently completing this formation before moving higher. The stock has demonstrated a tendency to round out a bottom, regain strength, and break out to new highs, making this one of its most reliable technical patterns. CELH’s Historical Cup Patterns • CELH has...
MSTR I believe, will rise to approx $320 in the coming couple weeks, then crash to $200 in quick succession. Possibly even breaking the bottom trend line to fall even farther. History repeating itself…
CELH is showing every sign of hitting the bottom. Ripe for a rise in price CELH is now showing signs of a reversal. A bullish divergence from the RSI , A sign of accumulation (trend lines placed to emphasis) Only positive reaction to earnings since the price decline And greatest of all the volume after earning, 4X that of average (confirmation of reversal)...
Bitcoin will begin to trend downwards in a descending triangle to the price of approx $74,000 nearing the end of April 2024. Then continue its upwards trajectory