After a high decline from the IPO, GOCO starts to move. GOCO is in a downtrend which started after the IPO and now it looks like an H & S pattern is forming. 1. if we will close above 14.6 today we will have a higher high and the downtrend will turn into an uptrend. 2. if we will close above 14.6 we will break down the down trendline. 3. The volumes are starting...
After a small correction NIO is heading to ATH. So nio is on the road again, the wind from tesla and the growing Ev industry from the back can help nio see new highs. Volumes were low on the declines in addition to the increase. We close at ATH level today so looks like the next target is ~ 25.4 (assuming that the correction depth is the next target at least)...
The King of the assets this day - the bitcoin is going to the moon. Technical analysis : 1. We can we the bitcoin is trending outside the descending triangle after a very long time - bullish sign #1 2. The bitcoin had resistance in the 10K $ and now this resistance reversed into support - bullish sign #2 3. The moving averages are showing the long position (EMA 9...
EVGN - CUP AND HANDLE/: closing above 3$ will set up this pattern with a 5$ target and stop-loss set less than 1.98. We can also see the volume increasing in the last few weeks. Above 3$ we will get an uptrend after a very long time of a downtrend. Good luck everybody
After 80% up from the march bottom, its look like the "QQQ" starting to be "tired"/: The candles are red and big, the volumes starting to move up and indicate that something is change and the trend will become bearish if we will cross the 269.6$ down/ We can see a correction from these levels and see the QQQ down 5-15%. Trade safe.