NIO is confirming a new Fibonacci now and we can draw the interesting levels. It seems we found the bottom and the next step is to outrun the VWAP again. After, it will take some time to reach the next hard level at $30 and $34. Again patience will be rewarding.
TSLA volatility increased heavily since Oktober 2021, this makes it more worth for Daytrader but less for Investors. Technically we are in a regression and we need to watch the mark $950 a lot. It seems we are creating a new channel between the two yellow lines, this means currently TSLA is overvalued at $950+ and undervalued at $750-. But due the volatility this...
Currently AT&T is an attractive buy area. Today it confirmed the support based on the volume profile like I expected it. The mentioned exit lines are targets with increasing risk. Fundamentally AT&T is a buy : AT&T will jettison WarnerMedia in a $43bn deal with Discovery (DISCA) as it refocuses on its telecom efforts. It’s planning to spend $20bn on 5G...
Technical based and due of increasing revenue, GM could spike up again between $66 and $67. I expect another move down before and looking forward to the earnings on the first of February. Anyway, earnings can change the direction again, SL should be tight.
F has already stopped orders for the new F-150 Lightning electric truck, about 200K. $21 is a big resistance and this line will be a good mark for a lot of shorters. Over the long term I see a pullback, back to the VPOC. The next leg up could finally reach the $22 if the catalysator is strong enough. In conclusion I would avoid to short and wait for a good long position.
PRPL came back on $8.80, therefore it offers the chance to calculate the Fibonacci areas. The levels explain already a lot but I expect a hard and strong level at $18.50 - this could form a potential new area. The fall was related to the news on last monday: "expects earnings and revenue at the low end of prior guidance" But important is this as well: The...
EGHT has pretty tradeable volume areas, I split them in 3. All of them are worth for swing trades. Long on the bottom line and short at the top line. Hgihg buy/sell volume can push EGHT into the next area. I consider the next entry at $16.20 for long until $20 and so on - nice setup to set alerts and watch.
TLT is a more choppy ETF and currently over the $150 area, which is a key level. I believe we could see the $162 again after the next drop. Due the volume profile it seems &147.80 is a good support and a worth investment.
Fundamentally, the recent key news: In Q3 of 2021, Plug Power reported revenue of $143.9 million,which was 34% higher compared to its year-ago period. Analysts expect the company to increase sales by 47.3% to $496 million in 2021 and by 74.5% to $866 million in 2022. This expansion might allow Plug Power to narrow the loss per share from $1.58 in 2020 to $0.25 in...
ZIM is heading above the $56 line and enters an in the past unaccepted area. This will welcome a lot of short sellers and maybe give ZIM a heavy pullback.
SOFI is hitting again a high peak. If we check the volume profile we see a high degression in volume, but overall the volume is rising. I expect a short signal until next support, until then we have to watch what could probably could happen next. The volume is good indicator here but it still a choppy play.
RIOT is gaining today, watch out the $41 area, this is on of the most important levels. Above we see the volume profile is very low and the price need first to be accepted. Currently we cannot say where it will go, but prepare for a major pullback anyway. After breaking the next big level, the picture will be more clear.
XLF had a lon long run until today and the volume profile seems to be abnormal what means this range will either be more present or fastly lost. To determine the next steps we have to watch the $40 zone, if we break we could step higher if it is holding we could might be fall lower into the more accepted area between $38 and $36
INTC dropped hard and it seems it could drop even lower. But the volume profile looks abnormal, I think we will se a lot of trading volume between 49$ and 45$. The bounce point is only a suggestion, we need to watch the price movement over the next days. Long term I see the compnay back up to $53, the highest value point.
BABA reached finally a important level and seems to able to break it. Anyway, we have to conside to pullback heavy before we can step higher. In the chart I mentioned a wishable route for the price, but this is not confirmed yet! Over the long term I believe the price could reach the most traded area again and if the $178 we could probably see a fast run.
Hope you all have a nice day my companions! I did this analysis based on fibonacci, volumeprofiling and background news. Fibonacci shows us a strength resistance around 11.30$, this need to break before we can estimate further price movements. the volumprofile is confident around 10.70$, this is mostly the target in the next days/weeks - lets see. Stop loss...
My last analys about CEI was almost perfect. Not it seems we formed a highly accepted area and unaccepted price area (see green circles). I expect a drop before we see higher area again. If we can exceed 2$ again can right now not be determined, it depends on the volume we got in that range later. Right now I see the limit around 2$
It seems the move is very strength. I expect a breath before we can see the peak again.