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As the weekly chart shows, NIO successfully tested 50 Weekly MA closing the gap b/w $30-$34 at the same time. Although volatile, I believe NIO is a great company with a chance of long-term success and the recent pullback / shakeout provides an excellent buying opportunity in my opinion. Please do your own research and let me know if the idea makes sense to you...

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After the significant sell-off from $160 level all the way down to $110, the DASH looks primed for a rebound. The most recent earnings announcement from the company with subsequent 24% upwards move should instill more confidence in DASH investors. I expect price to move back to $160 and if this level is broken, can potentially test $200 area. The volatility...

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On this chart, showing Etherium performance relative to Bitcoin one can see a decisive breakout in 0.05 area. Long term that could indicate further upside in this pair. The targets, according to Fibs are: 0.07, 0.09, and 0.1 What could be the reason for this sudden outperformance? Please share your ideas! NFA, do your own analysis and decide accordingly. Happy trading!

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Couldn't help noticing a fierce creature on NIO's daily chart. The fire-spitting dragon will bring the much needed energy (fire) to NIO's chart next week. Hope it also gives you a good laugh before the start of the weekend!

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I am a strong believer in TSLA and Elon Musk's strategy and execution. It's stock, although volatile, provides tremendous opportunity. The strong close today above 50 moving average would be a confirmation of further Tesla's uptrend. Do you guys agree? Happy Friday!

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XRPUSD grew 10x from the bottom of ~20 cents to almost $2. More growth to come? NFA, DYODD

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BTC suffered from a quite severe downward pressure just two days ago. Now that I am looking at the price action, it appears to respect a curved channel. As it is apparent on the chart, BTC price advances have become less dramatic. If you measure the difference in prices from the bottom of each leg (red line) all the way to the top you would get approximately: -...

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The daily chart gives me a little more optimism in the recovery of this beleaguered ETF and energy stocks in general. As I noted in my previous analysis, XEG has been in a downward channel for the last 10 years - wow! Is there a chance of recovery? If it breaks $8.20 level we can see the price appreciating all the way up to $9.50. Let's see if that happens...

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Cardano's daily price chart relative to BTC looks pretty strong to me with 50 day moving average providing a solid support so far. I would be curious to see if Cardano can reach the ceiling... Do you think it can happen?

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So far no respite in the continuous fall in USDCAD pair. Expect a bounce around $1.20 and possible recovery in $1.15-$1.20 zone. Happy Trading!

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When I looked at SLACK's the monthly chart this morning it gave me a pause... A close of April monthly candle above 42.88 level (which is only two days away) could be interpreted as a bullish signal and ensue further growth in the stock price. Do you think there is a chance of continued growth? As always, do you own research and Happy Trading!

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First stop at $22.62 Not a financial advice, don't forget to do your own due-diligence

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As an update to my previous idea, I still see possibility of DASH going higher from here. Based on the classic Cup and Handle pattern that can be observed on the chart, we can measure the depth of the cup and apply it to the broken handle to find potential target. That approach gives us a conservative aim at $169 or a more optimistic one at $180. Don't forget...

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After a devastating collapse back in March 2020, SAVE staged a solid recovery of its stock price, braking upwards from 200 Daily MA. That's a bullish sign. Now Spirit needs to prove itself worth of investors and traders' money. The first test will be the resistance around $40 and then, it that's broken, at $44. Given both levels are successfully challenged, the...

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Not surprisingly COIN price action is closely correlated with the one of BTCUSD. If you believe BTC starts its own recovering process, so should Coinbase. As you can see on the chart, the downward channel on 15 minute chart of this new IPO (or rather DPO) was broken with a big gap this morning. Expect a retest of $300 level to become new support and upward...

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Cup and handle is forming on Doordash's daily chart. One can spot the declining volume on handle formation and higher volume on the breakout. In combination with the close above 50 day MA that delivers a strong signal to the upside. The depth of the cup is about 25% or $30, which means we could see the price reaching $180. Let me know if you have a similar...

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I like how COIN recovered from the sell-off this morning showing signs of a bottoming process. Despite its astronomic valuation, are there ppl still interested investing in the biggest crypto exchange in the US? I would like to see higher volumes on the reversal and if it happens we can see the price climbing back towards $340. Do you agree with the idea?

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After long period of consolidation and a zig-zag type of action, Dollarama has successfully cleared the resistance around $57 on the weekly chart. The business model proved itself to be resilient to COVID as stores remain open even during lockdowns. More gains to come?