AAPL has made a double bottom before bouncing off the wedge pattern. This is very bullish but I expect resistance at 130 and if we break out of 130, we make some tendies! The Macd is still below the zero line, which may have a pullback once it reaches a high or around resistance. This is an update to aapl and I hope you enjoy! Warning@ I am nota financial adviser...
Hello traders and investors, lets talk the stock made popular by cathie wood. PLTR is a data mining company and one of its kind. This stock is set to rise over the coming years as it currently holds a majority intrest in all of the government's and their client's business, which is very good as it shows that pltr will definetly be profitable. Secondly for the...
As the stocks correct by 10% or more, I believe that the coming commodity bull market is set to come very early. The second factor for a commodity bull market is the rising interest rates. This is very bad for stocks, growth stocks especially as they cannot borrow more money to grow their company. The third and a bit smaller factor is that the dxy is rising and if...
Hello traders and investors, let's talk apples. It rose an astonishing 6% in one day with after hours, which aapl has never done for 2 months. It is amazing seeing it drop so much and recover so quickly. With the breadth of AAPL, I believe that breakout is now. If it breaks above 130 and the wedge pattern, then a consolidation then TENDIES! TENDIES! TENDIES!...
Hello Traders and investors! Let's talk about the black gold that went down to negative pricing and to where it is right now. Since the parabolic moves back in the mid 2000s, it has been in a downtrend from the highs of the 180s. It is very close to a breakout as shown in the wedge pattern and if it breaks out, I believe it will consolidate or retest maybe a...
CCIV yesterday was majorly sold off then making a V-shaped recovery. It now shows a triangulation pattern, which may indicate a breakout. Overall you should check out CCIV for some potential Buy opportunities. Rsi close to oversold. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
TSLA on the opening hours made a huge drop of 10 per cent down but then it recovered back from its 600 low all the way back to 700 after hours today! This is an amazing buying opportunity as it showed in times of turmoil, stocks recover back. This resembles the SPX drop of 30 per cent while not as big in magnitude, it had the same huge drop then a V-shaped...
AAPL is having a very BIG sell-off in its history as its parabolic breakdown is caused by investors entering energy and other more volatile stocks. I have one advice to do. DO NOT SELL! Hold! You have not lost your money until you sell and as tempting, it is to sell today, DO NOT! As painful as it is to look here in the market, AAPLE will rise. Do not die of...
Hello traders and investors! It is me again! As we can see, AAPL dropped 12% from it's all time highs but it is very oversold bow as the RSI suggests and since the price is this low, might I suggest you scoop some to get some gains in place because the bigger the drop, the bigger the come back! If it does continue to drop, except support at 123 and 120....
The chart speaks for itself, every time the RSI is oversold, it often laid the foundation for. breakout or immediately after. This shows the blow-off top is coming very soon now! The support levels are 128,126 and the breakout to lead to 10% gains to 143 or go to 140. Warning! I am not a financal adviser and take this with a grain of salt. Happy trading!
This is an early development but, I believe that since GOLD is in a downward trend in the short term, a breakout will occur but then once it reaches to 1950s, then I expect a drop-down or a continued up. Just a theory. The RSI is in the normal territory, which does not signal it is a blow-off or a blowdown but check the coming days and then see if an up is made or...
As you can see from the chart, the RSI is oversold, which means one thing. Breakout season! Now you have heard me say this all the time but a breakout is coming! You can see on every time the RSI has oversold, it has led to all-time highs or breakouts of their patterns. Brace yourself because i bet we are gonna breakout either this month or March and if it breaks...
Hello traders and investors! Let's get into the business, shall we! We can see gold ina downward wedge and also a triangulation pattern. This is bullish as once the lines converge, there is a high chance that the price of GOLD will raise significantly. The RSI is maybe gonna go into oversold territory, before bouncing back to the high 1800s- low 1900s. The macd...
This is going to be different this from my other posts, are gonna be more unbiased and diving deeper into AAPL. As you can see from the arrows, it showed when the stock broke out of either downward wedge pattern or consolidation or continuation pattern. Both of these are considered bullish with the continuation cases like AMZN consolidating then broke off and also...
AAPL is gonna break out this week and I have bought a call option with a strike at 142. Now let us become unbiased again. Since it broke out of the triangulation pattern after many days of red, i think it is gonna go raging bull and shoot up. I believe that 130s is our new range for the moment as we surpassed the 120s and might even make the 140s our new home. The...
AAPL has reached its end of the triangulation pattern. This could only mean one thing, time to collect some tendies! The MACD keeps crossing, which means a bullish move is imminent! The RSI is still in the moderate value range, which means that it can break out as there is nothing pulling it back. Although, if a breakout does not occur, watch the key support...
DXY or the Dollar Index is a measurer of strength in the USD and is weighted against currencies like the pound and the Yen. DXY is currently in the downward wedge with a triangulation wedge too, which could mean a breakout is going to happen. There is also a correlation of stocks and the DXY as when stocks rise, the DXY drops and when stocks fall, the DXY rises....
Update! This is an update saying that the pattern is near the breakout area! Warning! I am not a financial adviser and take this with a grain of salt! Happy trading!