SheepWoolos

SheepWoolos

Technical Analysis of the bitcoin bull market. 1:1st leg up (100%) 2: Flag formation 3: 2nd leg up (75%) 4: Rising Wedge Forming I think a lot of charts are drawing their bottom wedge line incorrectly and are not allowing any wiggle room. My bottom wedge line is right on the 50 SMA. The wedge seems to be on track to break by Mid-Late May. I think before it...

SheepWoolos

Toughbuilt has shown they are turning the company around with new deals to increase sales and earnings. This is one of my favorite companies with massive growth potential. 1. Even with increased sales and earnings from their recent deals to sell their products with Home Depot, Lowe’s, and Amazon, I don’t think the stock is ready to move up just yet. 2. Earnings...

SheepWoolos

Triple spike in the works and looks primed to start running right up to the highly anticipated Truforma launch. Looking to confirm upwards move with a break of the previous high $2.70 Target: $10.80-ish give or take. Time: 1-2 weeks.

SheepWoolos

1. Retest of all time high is happening too quick and there will be sellers here as some may also confuse this area as a double top. I am long BTC and even I would hesitate to buy right now. 2. I think BTC can have a strong support at or around a trillion dollar market cap 53-54k, creating the cup of the pattern. 3. Assuming this is a cup and handle in the...

SheepWoolos

Head and shoulders pattern. 1. Company issued more shares, retail investors cheered but more shares are typically bearish. 2. Post pandemic use will remain high, growth however seems to be diminishing, even with zoom phone. Opinion: Prices will hover around the SMA50 but fail to break higher. Prices will eventually turn towards the downside.