AMC is in correction mode and I would like to think there will be a Bear Rally soon for the stock.
We should have a big wave up testing the 200 day MA and the VWAP resistance. I am expecting volume to gain momentum with this wave up. Let see what happen.
TLRY - Wave 4 is about to take place and I think this will be a sizable uptrend. SPY is breaking upward at the same time. TLRY will feed off of that if I am right.
I am waiting for the last shoe to drop before going long on the deadcat bounce.
I think we will have a deadcat bounce with the mid term election coming up and then drop right back down to all time low. $1.xx long term target for now.
The deadcat bounce in wave 4 corresponds to the hype in legalization this fall with the mid term election. After that, we will have another leg down to close the gap at around $1.25 USD. Just my 2 cent.
Someone here was cracking up on some Dad jokes. I think the joke fits the Tilray stock trend here perfectly. We do see increased volume coming in but there are still people who want to sell. This incoming leg down should create a RSI divergence on the daily. On the weekly, we are far from end of correction. However, I am expecting a huge deadcat bounce going into...
My EW count suggests we will see more upside in TSLA stock. This corresponds to the new Bull run in SPY.
Simple Elliott's Wave count. 5th wave incoming. Watch out!
This looks to get pumped up soon but it will be all corrective.
Classic WXY formation. PLTR. The current uptrend should end around $31, at 0.618 fib line of the W wave. Then we can expect a downtrend to around $10 as my preliminary buy target.
What could lead to the housing market cool down? Eviction ban and unemployment?
It depends how strong it goes up later.