MrAndroid

MrAndroid

This BTC bunny ears chart pattern shows 2 rejections off the mid line of this downward channel shows the price is still stuck in a down trend. No breakout has occurred but also no breakdown below the long term support. This chart hasn't changed in weeks. It does look as though a big move will happen in the next month or so as price may get squeezed between the two...

MrAndroid

The recent uptrend in the Amazon chart is looking decidedly weak, despite the recent split. The daily candle has a shooting star look where the wick connected with a downward sloping trendline. I see this as potentially a retracement starting.

MrAndroid

This long term chart of JNK shows that the price is currently in a down trend within a larger down trend. The slope of the down trend is also steeper than the long term support up trend. My own view is that this thing is a ticking time bomb. Continuing to follow.

MrAndroid

In the last couple of weeks the price of DBX has strongly rebounded and broken through several lines of resistance. This could be a signal that the downtrend is reversing. I will watch what happens in relation to any down swing. If the up trend is confirmed this could be a great entry point.

MrAndroid

This recent chart pattern on the Point and Figure chart looks very constructive with a series of higher highs and higher lows. A break above the down trend line, if and when that happens, could signal the start of recovery of this beaten down stock.

MrAndroid

This chart on a 30$ per square chart goes back to 1987 and shows the bull/bear markets since then. Usually we would look at such a long time span on a log scale, whereas here we are seeing simple dollar scale. The current price is hovering below an area of repeated recently prior support which now appears to be strong resistance. Also I note that the bull market...

MrAndroid

The 'breakout' of the recent down trend on TLT is looking muted and there has been a bearish rising wedge pattern forming. No breakdown as yet.

MrAndroid

After a lot of worrying looking sideways movement, this chart has now printed a new O below support, thus giving us a clear sell signal for BTC. PnF charts do not move a great deal day to day so when this does move it is fairly reliable though of course not 100%, there is always possibility of false breakdown.

MrAndroid

This point and figure chart shows a strong rally to just below the resistance on both a horizontal and 45 degree basis. It remains to be seen whether price will break through these key barriers. It is still not a clean 'buy' signal.

MrAndroid

For a few days the price of BTC has been in a holding pattern. Now it goes decisively down. This is a sell signal

MrAndroid

It still has not broken above the level to convince me that this correction is over. look at the last remaining down trends of this market. We are still below the last line of resitance.

MrAndroid

The channel on this chart fits a mid line that proved to be a very strong area of support that was bought up today. The bounce is strong but is still below the next line of resistance. A breakout (or a breakdown) could occur very soon. Interesting days ahead.

MrAndroid

Desperately scouring my watchlist for a potentially bullish set up and cam across South Western Energy which following a retest of a previous line of resistance and support has a bull flag look to it which could break out to the upside very soon.

MrAndroid

Looks very bearish to me. Head and shoulders pattern on TSLA with a sharp move down in the last week. Its already down about 40% and I think could get a lot worse.

MrAndroid

This chart based on traditional point and figure analysis has a new O below previous support line. That is a simple sell signal.

MrAndroid

To me it looks like we already had the blow off top in the Nasdaq and now we are headed towards 10000

MrAndroid

According to the point and figure chart here, Apple broke below a long established upward sloping trend last month and now the price is just above recent support. A move down would trigger a clear sell signal for long term holders.

MrAndroid

huge red candle. Costco probably hit by the bad earnings of Target