bullishmoon

bullishmoon

We can see converging trend lines creating a wedge. We will soon see a breakout or a breakdown. Be ready. Hands steady.

bullishmoon

Obviously shorting Tesla hasn't been a favorable trade recently, but it looks like the price could break down in the coming weeks.

bullishmoon

Tesla is going to experience at least some short term pull-back.

bullishmoon

NKLA has nothing to show for a $30B valuation.

bullishmoon Updated 

Private VC money valuation for Nikola Motors at $3.3 Billion should result in a price per share of $100 after the merger. (With 29.64M shares outstanding, at a $3.3B valuation given by ValueAct Capital and Fidelity, this comes out to $110 per share)

bullishmoon

Using the Fisher indicator, It looks like bitcoin is showing a bullish divergence on the 1d timeframe. I am looking for a target of 4200.

bullishmoon

I am looking for a reversal on the weekly timeframe. I believe Alibaba is undervalued at this time, so I am looking for support to hold at this level. RSI is very low right now and usually at these levels, it is oversold.

bullishmoon Updated 

Fisher Transform and MACD both look like there could be a possible bullish trend reversal, at least in the short run.

bullishmoon Updated 

Facebook seems to have bounced off of the long term support line that has been held for a few years. Look for a bull run during the rest of september and october.

bullishmoon Updated 

HP has been held in an upward channel for a while. If we bounce of the support line, expect to reach somewhere around $17.50 in the coming week. RSI looks like it will hold support and MACD is positive.

bullishmoon

Snapchat has been on a downward trend for a long time. When this happens, it is good to look for divergences in price. Fisher Transform: It looks as though the oscillator has made a higher low while the price has made a lower low. This is a sign for a bullish divergence. Based on RSI it looks like SNAP is oversold and could see a short term increase in price.

bullishmoon Updated 

It looks as though this could be a hidden divergence. We will have to wait and see how this plays out with the trade war news and how it will impact volitility.

bullishmoon Updated 

Despite the good news for the company, they have only 20 million in revenue and a market cap of 20 billion now... A correction is inevitible

bullishmoon

Ethereum Classic looks like it has reached a historical support line. I will be looking for it to bounce soon. If support is broken, it won't be a pretty sight.