RCBInvestments

RCBInvestments

The last time I posted a crossing on the support Band Long term which is on the Weekly charts (21 EMA crossing up the 30 SMA) BTC moved up around 54%, BTC miners went up 400%, well, the Support Band is crossing up again this week, and as Brian Shannon Says on a trend is developed is more likely to continue than change. Time will tell... Only Price Pays.

RCBInvestments

QQQ was down for 3 consecutive days then reacts to Apple earnings. Today market can be moving after close and tomorrow react from apple and amazon Earnings. 4T dollars combined in this 2 companies. Long term moving averages still raising up. We can see either QQQ retake the trend or change the trend today.

RCBInvestments

COINBASE:BTCUSD 1. Long term support bands on the daily just turned on today, if we close the day with this signal, we might see higher prices over the next coming days. 2. After the last price expansion or GAP on march 17 2023, BTC creates a new broadening formation, closing only 50% of the gap on the daily chart with a double test of it, may 12th and may...

RCBInvestments

1. Short term band turn on Red. Means the short term is changing, but the moving averages still pointing up, that can be read as the momentum still up. 2 Basically is consolidating or digesting previous gains. 3. Volume is down for last 3 days and price is not dropping considerably. 4. Holding gains from previous leg up. 5. Getting ready for next leg up 35k to 40k...

RCBInvestments

Tight consolidation, waiting for catalyst. Moving averages catching up with price accion. Smart money moving to safe. Old school to Gold and new smart money to BTC. You can see both moving up and consolidation accion.

RCBInvestments Updated 

My Support Bands indicator turn on Greener on the second band over the weekly chart when the 21EMA crosses the SMA 30 for a longer trend just this Week. I've published a similar setup over the DIA and it worked pretty good, it turned green on the First week of October. Only time will tell, maybe is time to look those Miners Stocks again.

RCBInvestments

Price action moves on waves. Fibonacci is a powerful tool where we clear can see a highly possible resting zone for a bigger move. Long or short could be depend over you strategy. For me testing the Golden Zone indicates a bigger move over the near future. I consider them healthy market resting retracements towards a golden zone. Like I always say... Only time will tell.

RCBInvestments

Both Support Bands are Green For first time after a few Months Trend is Clearly transitioning. Re test the 50WMA or Trend Line. Be ready.

RCBInvestments

Once a Trend is developed is more likely to continue that change it. "Technical Analysis Using Multiple TimeFrames" Brian Shannon Book. However we can see the Support Band indicator which is a multiple Moving average, leaving a color trace of the trend. Creates a color Band Red for Downtrend and Green for Uptrend. 8EMA vs 10SMA Band 1 21EMA vs 30SMA Band 2 All MA...

RCBInvestments

Very strong, holding pretty well on difficult days. Support bands expanding showing trend continuation. Retracement around 50% to 60% area. Inside month, I don't think this will close as inside month.

RCBInvestments

We can consider many factors to determine what will be our future direction, but once a trend is developed is more likely to follow than change it. The support bands suggest that the Trend is changing direction on the weekly chart. For the time the J Powell decide to pivot, TML will be way gone. Look for those market leaders the will double in a short time period.

RCBInvestments Updated 

Do you see anything interesting here? 6 years with positive earnings

RCBInvestments

I was Posting the other day a chart where I Said this stock was being pushed down for the Bears, Well this huge move to the upside could just be the beginning. 31% move in 1 Day!!! Started riding 8 MA , trading Above 20 MA and 21EMA Support resistance Band. Crossing 50MA and re test it. Chart shows that a little more bears will be wreck in a short term future. Get...

RCBInvestments

Huge weakly Vol change Over 33% move in 1 Week! Refuse to make lower lowes for the last 3 months. Yes Small cap, but big cap moves! Great breakout today, timing the market!

RCBInvestments

$CORZ BTC Miner IPO Caught immediately in a Bear Market Biggest BTC Miner with an average of $1200 BTC on a monthly bases. According to investors.com it has 0% Debt 3rd Qtr. or Last earnings positive EPS of +300% and sales change of +118% 2nd Qtr. EPS +72% and Sales +255% 1st Qtr. EPS +675% and Sales +803% As of September 2022 funds investing on the stock when...

RCBInvestments

Bears taking advantage of the short interest that is currently at 4.6 days to cover. Nasdaq Website info. Dropping like crazy over 25% of its value this week. BTC stuck on 19 000 range. Great Accumulation opportunity for the long term, when BTC flips and bears have to cover, this stock will pop huge to the up side. Bear Markets make great opportunities like this...

RCBInvestments

Market Rally attempt and AEHR Gaps up and holds gains 24% gain in 2 days. what Bill O'Neil said is 3 waves down, Leaders bend with market. Also said, look for identify the next bull market leaders. Growth stocks with great fundamentals. Avoid making new lows while the general market enters another leg lower. I can be wrong, but the chart show good strength. Volume...

RCBInvestments

26% off 52 week high when markets drops over 30% and most leaders down over 50%. Cup with handle pattern with accumulation signals from alpha bars. Holding pretty good with this bear markets as well. High relative strength. 10 W MA and 40w MA in converging. We could see a very good move to the upside once buyers regain control.