blackwell33

blackwell33

We have multiple areas of support, resistance, and technical targets all converging in one place right now- ~$292. So far, price has bounced from its bottom and then reversed off of the descending wedge. This is not a prediction, but rather a possible path of least resistance that I see with current price action. $QQQ

blackwell33

2020 was a year of tech and FOMO. As we close out those positions and reallocate assets, we go into our period of seasonal weakness. Here's a look at a possible path for the Nasdaq- using trendlines and areas of support/resistance. $QQQ

blackwell33

Quick look at support, resistance, and some patterns in the $DXY. Will the pattern repeat with dollar topping and falling back into its downward trend?

blackwell33

Quick look at gold in this channel. Each time it has touched the lower support, we have seen a sharp rally. Will this time be the same?

blackwell33

Dollar index searching out a bottom. Big trendline of support coming up. What it does on this trendline will be really important. I'd think the odds are definitely with it finding a bounce there. The question is, how big and how long? If that support breaks, then it is game on with metals. 

blackwell33

Reacting great on this breakout and some positive metal prices today. Lot of upside potential here. $ANXGF - Anaconda Mining

blackwell33

$DNN ran and hit our targets (exceeded them), so now it is time to consolidate. Today we broke support, so I would look to rebuy around the 200MA around .85 cents.

blackwell33

Great chart setup- should be a fun hold over the next few months. $FUBO

blackwell33

15 min chart showing possible upside for $NUGS. This sector has been hot, so let's see if this one has any legs. Target ~40 cents from the iHnS.

blackwell33

Nice technical breakout, backtest, and further advance. This should perform well in the coming months. $VG

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$GPL should see some upside if metals begin to move soon. $SLV $GLD

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Classic setup and breakout. Huge gap. Let's see if it runs to the target or falls back to fill the gap before going higher. $GLUU

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$ET Watching for a breakout.

blackwell33

Here's a longer term look at $SLV. Long bowl formation. $45+ target measured from depth of the bowl. Initial $31 target measured from the depth of the smaller bowl ending now.

blackwell33

Long forming cup and handle flagging for breakout soon. $AUY

blackwell33

Nice break out for $DNN and some very high call volumes this week garnering a lot of attention. Looking for one more push higher to the $1.50 range.

blackwell33

Besides the retail "blip" last week, this pattern has been working for months. A trendline break higher should target $31.

blackwell33

TVC:DXY currently breaking out of iHnS with a target close to $93. It will likely find resistance from what used to be support (red line). This will continue to put pressure on AMEX:SLV and AMEX:GLD in the coming days to couple of weeks.