Big falling wedge on MU with a gap on the upside to fill, will be looking for a breakout from here- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones PT1- $72.20 PT2- $74.79 PT3- $76.05
Personally am bullish on QCOM here- Approaching the end of a large symmetrical triangle while also sitting right on its 50-day EMA as well as its 200-day SMA (not pictured). Will be looking for a breakout from this triangle (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an...
Just posting a quick update- all previous price targets reached and the gap on the upside has been filled. However, am very bullish on ENPH here. Would like to see ENPH start to outperform the solar installation companies such as RUN NOVA etc. nonetheless, ENPH bounced right off its 200-day SMA, yet again acting as a strong support level. Additionally, interesting...
ROKU looking very interesting here- Double top played out as expected, however, ROKU held the longer-term uptrend quite nicely- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge (bullish)...
TSLA closed on Friday sitting right on its 200-day SMA. It previously broke below the bear flag to test a long-term uptrend line, while simultaneously forming what appears to be another bear flag / rising wedge (bearish) going into earnings on 7/26'. If this long-term uptrend line is broken, TSLA could see sub $600 especially if the broader markets continue...
TSLA is forming quite a large rising wedge (Bearish) on its yearly chart after breaking out of the symmetrical triangle (see previous chart), which was preceded by TSLA breaking below the bear flag above. While TSLA did close on Friday sitting right on its 50-day EMA there is also a Bearish Gartley harmonic on the 4-hour timeframe (not pictured). Definitely will...
ARKK in a critical spot here- big symmetrical triangle on its yearly chart after breaking below a rising wedge. Watching this one closely in the coming weeks, just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on.
Symmetrical triangle forming on TWTR here along with buyer volume starting to pick back up. Clean hammer & bounced right off the 100-day EMA - will be looking for a breakout from this triangle (broader market conditions permitting). Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on- PT1- $65.77 PT2- $67.01 PT3- $68.55+
CHPT respecting its long-term uptrend line, Bollinger bands squeezing, buyer volume starting to pick back up again, will be looking for a breakout broader market conditions permitting. Bullish, just some FIB levels along with some RSI-based supply and demand zones to keep an eye on. CHPT has been selling off after their offering but still has held its long-term...
Very similar formation on TAN and the ICLN as expected, personally am bullish long-term. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of as well as approaching the end of a big symmetrical triangle. Undoubtedly a long-term play, but will be keeping a close eye on this one. Just some support and resistance levels and some...
Personally am quite bullish on the ICLN as well as many of its holdings. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of many times and is approaching the end of a massive symmetrical triangle. Bollinger bands are squeezing as well (not pictured), undoubtedly a long-term play but will be keeping a close eye on this one....
Broader market conditions permitting, will be looking for a breakout from this falling wedge- just some support and resistance levels and some RSI based supply and demand zones to keep an eye on- bullish
Broader market conditions permitting, will be looking for a breakout from this falling wedge, just some FIB levels and some RSI based supply and demand zones to keep an eye on- bullish - Bollinger bands are squeezing - Oversold on the RSI
IEA is nearing the end of the symmetrical triangle previously charted. While still holding that formation is also forming what appears to be a falling wedge (bullish). Bollinger bands are squeezing along with a MACD cross to close on Friday. Just some support and resistance levels to watch, see previous chart & description for price targets. Bullish will be...
Have been watching NEE for quite some time now as it has earnings coming up on 7/23', personally am bullish- - Symmetrical triangle - Bollinger Bands squeezing - EMAs curling (not pictured) - Spike in buyer volume EOD on Friday - UOA- Unusual Options Activity (Bullish Sweep, January 2023' $100 strike) PT1- $79.15 PT2- $80.25 PT3- $81.50+
Looks like an ascending triangle forming on ENPH (bullish) ***See Previous Charts*** - EMA's starting to curl - Bollinger bands squeezing (not pictured) - Also looks like an inverse head and shoulders forming on the daily timeframe - Bullish- will be looking for a breakout, just some support and resistance levels to keep an eye on as well as some RSI based supply...
Possible ascending triangle forming on PYPL and currently sitting right on its 100-day EMA at the moment. Keeping an eye on PYPL here for a long-term entry. RSI is in the oversold range on almost every timeframe and has a big gap to fill on the upside after selling off after earnings. Will be looking for a breakout (broader market conditions permitting) Bullish -...
Symmetrical triangle forming on VRM- - Looks to be a falling wedge forming on shorter timeframes as well - MACD Cross - Bollinger bands squeezing - Slight bullish divergence on the RSI - Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones - Infrastructure talks could serve as a catalyst for a nice bounce...