UnknownUnicorn21312077
We are breaking the support at 45.24, meaning, we might see NIO at 43.89 next. We must see a very good and surprising reaction on NIO right now, to invalidate this thesis. We are under the 20ma, but the Bollinger Bands are still tight, so, there’s still a chance we’ll see something incredible. We just can’t count too much on that. The RSI has an advanced...
This is just a consolidation. A normal movement that occurs when something did an amazing movement. It is how the market tells us that the stock is resting. There’s nothing to worry about here, and since we are above the 20ma, we are fine, and the momentum is bullish. The 20ma is a support for us here, and it seems WISH will hit it next, before it hits our first...
Palantir is obeying technical analysis and it is behaving according to the plan. Today it is breaking the 26.71, the breakpoint that would resume the bull trend, as we talked about I my last analysis. The only thing that could trigger a pullback is if PLTR loses the 26.71 again and make this a false breakout. But we are good for now, and we shouldn’t worry about...
We have been doing so well on PLTR! Today we had a consolidation, and we did almost nothing interesting, but there are some points that we must update. I see the 26.71 and the 26.26 as pivot points, and they are going to tell us if PLTR will keep climbing or if it’ll correct. If we break the 26.71, fine. But what if we lose the 26.26? Will PLTR fail...
Again, WISH traded around the 13 area today, and it did a false breakout (when the price closes outside, but it reacts and closes above the support again). This is a buy set up. It did break the red line and the Bollinger bands are finally spreading apart, which is amazing! Our first buy sign was around 12.10, as I said in my first analysis on WISH. The RSI...
Today NIO didn’t drop, but it didn’t go up either. It was a boring day, but we still can find some answers about what’s next. The 46.19 is a new breakpoint for NIO, and the 45.24 is a new support. If NIO loses this price, probably it’ll drop to the 43.89. The problem on NIO is the advanced breakdown on the RSI, and the possible head and shoulders pattern....
We are in a consolidation, and the 13.19 is a ceiling for GE, while the 12.94 is a floor. According to Al Brooks, 80% of the breakouts are going to be false, so we must be careful. The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19. We have a possible advanced breakout in the 4h chart, and if confirmed, this can make...
Yes, as we said yesterday, something great happened today! PLTR is doing a lot of good movements, all very technical and precise. As we warned about yesterday, the 25.55 was a breakpoint for PLTR, and once broken, it opens room for a bullish momentum. Once again, we are above the 26s, and we are heading to the 30s. We just touched the resistance at 26.22, and...
This chart is pretty easy to read. NIO has a pivot at 45.97, and it it breaks this point, it’ll trigger this pivot, and possibly an inverted head and shoulders. This would be awesome for NIO, and it could seek the 50s again. Also, it is curious to notice how the red line, a previous support line, was a resistance today. The market always remembers some...
It is going to hit our target, guys! The 13 is a new support for WISH, and the BB are getting tight again! The volatility is diminishing, and soon we’ll see this stock exploding again. Our entry point was around 12.10, and our target is the 15. The red line is another breakpoint for us, and once broken, most likely it’ll hit our target. We are almost at the...
Yes, we are inside a range, and it is pretty easy to trade ranges: Buy near 51.87, sell near 64.95. I like to trade ranges because the stop-loss are always so small, and the potential reward are always great. Now, AMC might hit the 64.95 again. The breakpoint is the 60.23, once broken, this will lead AMC to the upper level of this congestion. The 20ma is...
Z has a pivot at 115.58, and if broken, this can lead the price to higher levels. We have a strong support at 112, that must not be lost again – or Z will keep dropping to the 108s. By breaking the 115s, we might see Z at 130 in the next weeks, but it is still trading inside the range between 119 – 108, so, we must be careful. The BBs are getting very tight,...
MSTR just went down to close a gap, and now it looks like it wants to react. In fact, now is a good time for a bullish reversal, as we are near support levels. The problem is the 20ma, but the 4h chart looks interesting: We hit a support level, and now we have a hammer candlestick trying to reverse the trend. The RSI was overbought, but after today’s drop, it...
In the 30min we have a trading range between the 25.05 and the 25.55, and to the side it breaks, we’ll see a big movement afterwards in the breakout’s direction. The RSI is enigmatic, and don’t give us any clue about to which side it’ll break. PLTR is in a slow bull trend, but if it breaks the 25.05, it’ll most likely lose the red line and it won’t hit our...
Yes, NIO did everything we talked about yesterday, and it reached the 43s as expected. The resistance around the 38.2% retracement and the 20ma did hold the price pretty well, and today NIO couldn’t deal with it. We lost the red line, and it already hit its target at the previous bottom, around 43.89. Now the RSI is oversold, and NIO is starting to get...
This stock has been crushed recently, but there’s a good chance it’ll do something interesting now, that is near a support level, and it is apparently oversold. We have a congestion in the 30min, and some breakpoints ATVI must break, like the 92.08 and the 92.74. If ATVI breaks these points, we might see it bouncing to the 94s again. The 91.50s seems to be a...
RBLX is one of the stocks I’m looking at right now, it seems we could have a buy here (very risky one, but it is interesting). We have a pivot at 83.36, and this could reverse the trend on RBLX, if triggered. The problem is that the 4h could be more oversold. The RSI is not that low, and we could hit the 77 area, as this is a support level for RBLX. But we...
Hey, guys! Yes, PLTR can break the 26 target and hit the 30s next! It’ll all depend on how it’ll deal with this pivot at 25.55 in the 30min. If breaks this point, I believe it’ll break our target at 26s, and the 4h chart shows a similar idea: The pivot at 25.55 is also a trigger point for the hammer seen today (black arrow). PLTR did this pattern in a support...