nextgenm

nextgenm Mar 30, 2022

PLUG power, It is having a slow recovery from its drop of more than 70% from ATH back in 2021. 1) From its low, it has gained more than 20% and formed a nice Cup pattern on Daily 2) 30sh levels are showing signs of resistance and with recent run-ups, pull back is imminent along with the market 3) Anything above 30 good volume would be bullish case 4) Entry,...

nextgenm Mar 24, 2022

Adobe on Weekly. 1) Down by 43% from ATH. 2) If we do a fib retracement from covid lows to ATH, you see the current price is hovering within the golden pocket(.618 and.50) 3) Price is consolidating above 200 EMA and also above 200 SMA . 4) This has been a support zone in the past on multiple occasions. 5). This would be a very key level to watch, if it breaks...

nextgenm Nov 17, 2021

Visa has this strong head and shoulders pattern and the price action is continuing down since the break down from trendline. There was some bearish news about Amazon cancelling the partnership earlier today. Will the price drop further to marked measured move levels(roughly around 185sh).. Today it dropped to 199 levels and bounced back to 205. Will it hold...

nextgenm Updated  Oct 28, 2021

UPST-- bearish territory started. Might go down in waves. But the descend is on. The wild ride or more than 1000% gains since the beginning of the year are about to end. There will be a profit-taking cycle happening. Few data points, 1) 9 EMA crossing below 23 EMA 2) Price is not able to break above the trendline from recent highs. Forming lower...