bwinvests

bwinvests

Never financial advice. Just offering perspective. At a key spot for Sofi. In the midst of a monthly bearish imbalance, specifically a bearish fair value gap which holds more weight than a volume imbalance. We pushed off a bullish breaker which can be a solid indicator as a push up, with the the high of that green box acting as a support, followed by a strong...

bwinvests

Never financial advice. Just offering perspective. Its overall a clean setup for higher timeframes, a run back to all time highs. Lower timeframes point to a similar picture. On the Monthly, there is no bearish imbalances above until 385.86-399.88 . On the Weekly we clear 246.51-319.48 , bearish imbalance hanging above. Its possible to see a revisit to ...

bwinvests

Never financial advice. Just offering perspective. On the weekly timeframe currently looking for some bearish confirmation going into this week. The previous all time highs were swept and DAL may be looking to offer a discount for investors. Currently price is resting on a bearish imbalance that looks encouraging for bears. Would like to see the bullish imbalance...

bwinvests Updated 

Never financial advice. Just offering perspective.

bwinvests

Never financial advice. Just offering perspective. Would like to see a move into 220.89 area before pushing and holding above 229.98, using that as a support level. The other possibilities are to revisit 215.62 and get as low as 213.89. Losing 213.89 would signal bears regaining full control and a likely retest of 205.64(from a weekly perspective). These levels...

bwinvests

Never financial advice. Just offering perspective. The other side of this thesis, is we get moving to take out the highs at 123.75, then 143.47. In order for that to happen, we need to hold above 113.89, push to 115 and through 116. At that point we may start to see upward momentum or a slow grind leading into earnings. This idea is cleaner on the charts than the...

bwinvests

Never financial advice. Only offering perspective. On a higher timeframe, on the weekly, so may take some time to develop. On a bearish perspective we could see a move lower to 106.50. A psych number. At that point could bounce to 108.35-111ish, after taking out liquidity and move to 100. The other side of this thesis, you'll see in my posts. The bull...

bwinvests

Possibly to 33. Never financial advice. Just offering perspective.