TheTradingStar

TheTradingStar

The Bull Channel still intact, price point has been bouncing off of the Channel lines. Also not the major bullish inverted head and shoulder that is setting up. Price action is still coiling in the penant which will setup for a major breakout.

TheTradingStar

Downward Channel is still intact and looking for further short selling. To maximize profits, short at top of channel for a leg lower. first targets is around $4.70 to $3.22. Nio could potentially hit $1.19 since the stock has had meteoric rise and should consolidate at the lows to grow into its valuation.

TheTradingStar

Daily Chart still looking strong with its upward Channel. Recent price movement has bounced off the channel line, expect a continuation with a further upside.

TheTradingStar

A major inverted head and shoulder looks like it is setting up very nicely, watch for a break above the neckline for a projected upside to its first price objective of about $500. By theory, the length of the head to neckline equates to the length of the measured upside with an inverted head and shoulder. NASDAQ:TSLA

TheTradingStar

There is a bearish head and shoulder formation, watch for a break of the neckline. If it cracks, watch for a price target of around $306 where the gap is as the first target.

TheTradingStar

I called the previous bear flag which did eventually completed the bear flag and continued to leg down. A 2nd bear flag has now formed. Imminent further breakdown. If the initial bear flag plays, out, price target should hit around $4.60 (length of pole of flag = measured downside).

TheTradingStar

If the gap breaks, look for a further downsize to the support buy zone of $42 to $32. Selling Pressure is looking to continue to strength.

TheTradingStar

I have been posting ever since the weekly flag has been setting up, the stock has finally cracked below the flag. If you have shorted on the crack, kudos to you. Potential downside is to $4.60. Remember the length of the flag pole equals to the potential measured downside which normally equates to about same length of the original bearish flag pole. We also...

TheTradingStar

A major bear flag has setup nicely with NASDAQ:COIN stock. The price target is at a previous support area of around $31.70. Short at the break of flag for a potential win at that level. Remember the price target's measured move is the length of the pole of the flag pattern.

TheTradingStar

I posted on last two charts saying that there looks to be a bear flag setting up. The flag is now setting up nicely on the Weekly Chart and is rock solid intact. The longer it solidifies the flag, the more likely it plays out. Watch for a imminent break, if cracked flag, measured move to the downside is around $4.60 which is also around a past support area.

TheTradingStar

There is a bearish curling on the MACD on the weekly chart creating a death cross, the weekly chart is also overextended. A potential play to the downside is at the first support at trend line around $260 which is also so happened to be at the 38% Fib Retrace and previous major support.

TheTradingStar

a crystal clear head and shoulder pattern looks like it is playing out. Short at neckline break. If it breaks look for a potential downside of the length from head to neckline which also coincidentally lines up with the trend line at around $9.50. Also, you can see that the MACD also made a bearish death cross and the squeeze mod is also curling under which is bearish.

TheTradingStar

Yearly Chart says it all. It has a price target to $45 at the support which is also currently the 50 day EMA. it is also about to do a death cross with the MACD and is bearish on the squeeze indicator turning curling down from the top. Very bearish for the long term.

TheTradingStar

It is very clear that the stock price is trading back into its consolidation zone. Watch for continue trend heading lower to a price target of $46.50 where there is lots of supply.

TheTradingStar

A Major classic Bear Flag is setting up nicely with an targe extension pole to $4.60. Remember the length of the flag pole is the measured length to the target price which sits at the $4.60 which is also the support area.

TheTradingStar

The Head and Shoulder is still forming, Watch for a crack below the neckline, target leg down will hit the gap area around $7.88 which also equals to roughly around the length of the head to neckline.

TheTradingStar

A bearish flag is setting up for a nice break to downside. short at the break of flag for new leg down. Potential leg down is the length of the flag pole.

TheTradingStar

A classic Head and Should pattern looks like it is forming. short at neckline if breaks for a target around $7.50 take profit area. Length of head to neckline of setup equals the measurement of the target.