big red day for oil, mostly selling on news of the OPEC+ meeting not coming to an agreement. This IMO is actually positive because without an agreement to produce more fuel the supply of oil will stay the same and demand will continue to rise. I think this is actually a great day for oil because now it has more room technically to move up
On Friday June 18, 2021 the DJI broke through some key support levels which I believe will cause it to drop 7.5% in the coming weeks. Something along the lines of a smaller correction.
ZKIN dropped slightly lower than anticipated but my forcast for a 50-100% gain remains the same. it has reached the bottom resistance level and this is a fundamentally solid company that even through covid was getting contracts with the temporary hospitals built in China. Looking for a breakout bounce after today.
Im looking at this chart and really liking its strength. fantastic momentum while maintaining in a high level of suppistance curves. Looking for a breakout in the near future. Probably will add a position in the near future if it drops to below 3.7$. PT>5$
ZKIN has solid momentum as a short term play with a good entry point anywhere above 4.75$. if it is able to maintain positive momentum while staying above the bottom suppistance curve I think that it is realistic to see another spike of 50-100% in the next few months. As of now it still has room to drop slightly downward but only to around 4.7$. I currently have a...
Last week SPCE moved up to a medium resistance level and has been trying to work its way through overhead resistance (both red curves). It seems to be holding and I am detecting a positive shift in momentum for this stock next week. I believe it will be squeeze whilst moving downward for another day or two and then break through overhead resistance with the next...
Curves represent dynamic resistances and reference ranges in between