Don't get it twisted this submarine is going to scrape the floors in the near future. Remember, we have a transition (substitution effect) off of oil to electric, even with their soon-to-be 4.9 billion dollar purchase (which poses it's own risks), so thouugh it's a long term mitigating factor, the stock has risen from 28 in early 2021, lol when you realize or...
SPX to 4560 then fall towards 4310 and eventually 3900-4k or lower?my view is 80% this happening, 20% breaking towards 4800 especially with biden in office and his corrupt administration.
Long term NDXSPX Ratio Chart showing lose money irrespective of destructive future taxes and debt of a Biden (uses economy as a demand side policy atm with no supply side plans of good future funding offsets) economy, has pulled us out temporarily from a fall but will this make the longer term or intermediate term fall that much worse....economics says yes,...
I posted a longer term projection with 3 major support zones, 98 short term, 85 intermediate term and 63-65 .618% weekly long term (buy zone) In the coming weeks i see either being capped at 103 to 108 or a temporary test at 110-115. My projection is the blue line with upside risk (risk in terms of bears making bet) being the red line
This chart depicts my short term $108-$110 retest to complete the diamond pattern and followed by an eventual test and break of the .236 fibonacci level. Intermediate term target is .382 Fib level after that with a bounce in the coming year to the prior Fib level of .236 (around $98). Long term target before a buy again is around $63-$65 .618 Fibonacci Level
sell target zone 65-78, I expect a fairly quick rise to this troublesome area.
100 here we come, well 106.25 then possible rejection
small retracement to about 6.77- current price then we rally towards 8.50, after a small retracement from there we should see $10 as our next major level within a week or so
any day now, any hour and literally any minute this wedge and will break in a short squeeze
Bullish wedge has ben forming for almost a month with technical divergence of oscillators following suite. I see a break and first swing target zone of 11.75-12.50 with a retracement and rise eventually to $15-$16.. This is a swing trade play I'm mentioning, but i do believe that TCNNF is owed more than that over the coming months that follows this blast off,...
action up to and at US Stock market open expected for BTC... the reason I care about this is for the RIOT Gap up to hold at least moderately, we are right under VWAPS on the hourly timeframe but are forming a bullish right shoulder and think we will break above 24k just before or just after the 9:30AM EST Bell... to late morning
This is my 12 to 18 month view on TESLA - I don't care about News, charts are news, all information readily acted on by all market participants creates supply and demand charts real time, all information, including forward looking information is factored in as well, News only deters you from strategies. But i'm a Technician so i'm biased ;)
BTC and really all other cryptos are experiencing a new trend unfolding. Taking the longer term Monthly chart and associated stochastic based oscillators, I see BTC/USD and many other cryptos rallying up to and in excess of 100% from current values before a meaningful pullback...over the next 2 to possibly 6 months...
lets get a RIOT going - I see $8.22 very soon once we get past this comical "fake" double top ;)
breakout of riot should take us to 10 then 15 over next few weeks to a month
After we break the short term .0154-.0155 zone, 2.2 is the next stop and then .028 is my intermediate swing target within a week or two
Simple is always better, so here is my target for Truleive TCNNF, a puppy that's been beaten with a sludge hammer... $15 short term, but much more long term, this to me (since TCNNF isn't failing and everyone is about to be smoking to deal with 2023) a no brainer. easy 1-1.5x even on conservative basis..
Patience..imminent rise to $20 and then eventually $28 on this reverse avalanche setup, beyond that is $58, but short term $20 pop today very soon..