XRP: Stock could be headed lower towards 0.16. Accumulation around this area bears considerable risk in case the stock cannot hold its last support level. Breaking and closing below 0.1263 will be your strong-sell signal. TO NOTE: – XRP has a potent 'monthly' PSAR charge (not as potent as in 2015-2017) that could propel the stock considerably higher if high...
Great entry point at current price before earnings report tomorrow AMC. Incredible technicals throughout for this stock, could quickly see 19-19.50 with highs of 21 post-earnings day. GPS is bullish as long as it doesn't go below 16.07 and closes today and tomorrow above 16.26.
Back in May 2018 LOW started an inverted wedge including a partial rise and failed to break down in Aug 2019, and reversing course to flip the wedge upside down for a possible breakout above (imminent). RSI, MACD, ADX and PSAR are all bullish. The only thorn in my eye is marked 'X' at the beginning of September this year, there are no solid 'weekly' candles...
Two charged PSAR series on the 'weekly' could blow up either side within a couple of weeks (big move could be expected). While it's a little biased to the downside, there are still a few neutral indications. To remain bullish AMZN has to break 1900 and at least touch the upper trend line (pink). But closing a solid 'weekly' candle below the lower trend line (pink)...
AMD crushed all major resistances. The stock remains a strong-buy (stop-loss @ 37.15). Just keep an eye on this shady market when going long.
Super-Bullish if broken out above the pennant, target 275.
Lines and connections have been averaged on step-line over log for higher precision. Formation is confirmed (in blue) by multiple points, especially on the 'monthly' interval. The red trend line is unfortunately invalid, as the first peak created too much empty space, which is usually the number one cause for a formation to bust at the end. I used to like Monero...
Analysis per request: This stock has the potential to double by the end of this year, and a further potential to triple by mid next year. Very straight forward technicals, simply watch the interplay around the 20 and 50 MAs (touching & half-crossings). 'Weekly' PSAR is likely to break next week. ADX is at its peak (reversing now) meaning selling has stopped...
BE will report Earnings this week with an upside potential of 5 or higher (up to 6.4 w/ rally). Unless they report some really bad numbers, this is still a strong-buy. Depending on which highs the stock will take out next (H1, H2), we will be able to tell more precisely what the stock will do for the next few weeks ahead. With gold prices about to explode it's a...
Now that the dust has settled, things become much clearer and simpler to explain. Here's my personal take on Bitcoin's current situation and beyond the technical. With the recent run, we now have four solid 'legs' to form a temporary channel that we can work with. Current max. downside is around 8.5k, while the upside is limited to around 10.9k (11.2k at the...
I admit when I'm wrong, in this case my previous chart was rushed to completion without averaging the trend-lines, my apologies. All lines and connections have been averaged on the 'weekly' and 'daily' with step-line over log. When a stock is young, it is common to start measuring once the b-bands start forming. In this case I disregarded any performance prior to...
Clear downtrend for Amazon, 'monthly' candle will ultimately end lower by the end of this month (Heikin Ashi confirmation), look for a 'monthly' PSAR break this month or next. Expecting the formation to bust with an inverted partial decline by spring 2020 (approx. visualization).
While this 2y old broadening wedge is considered busted when using straight lines, you can always use parabolas to make minute fitting-adjustments in order to see where it's headed short-term. What you'll most likely see is a so called "late bust". When formations bust, they usually bust and reverse course right away. Some formations bust late and just appear to...
(chart self-explanatory, lines and connections have been averaged using step-line over linear for greater precision)
This analysis doesn't talk about Baidu's general downward trend, but rather of a temporary upward "re-testing" if you will. Baidu's earnings release is expected by end of the month which will be announced shortly. There are still more than 2 weeks worth of performance until a probable upward breakout. To investors trading it, this chart will reveal the most...
A new record high is still being set by the stock, which is a great indication for the future. It signals strong interest in the stock and secures further price increase in the near future. But that doesn't mean the stock is out of the danger zone yet. Rule of thumb method is to measure the difference between the ATH and the following peak, mirror it above, and...
For more information watch the following: youtu.be /Q3BjMUd391c (remove spacing)
Absolute stunner for technicals, all indicators point to a breakout above a 20y-old upper trend-line, including a run for the all-time-high (later). At this point it's difficult to say how the stock will behave after the run, or where that run will stop or consolidate respectively. But for now it's all about the stock sitting on top of the 'weekly' Heikin Ashi...