nomadhedge

nomadhedge Aug 7, 2024

NASDAQ:CLSK could be starting a bottoming process, but downside risks remain since the stock has clearly broken below its 40-week moving average. It found buyers right at the 100% Fibonacci extension and the 0.618 Fibonacci retracement from its 2022 lows. I don't suggest buying it here because there will be opportunities to buy the stock once it proves itself...

nomadhedge Jun 29, 2024

NYSE:NKE stock dropped significantly yesterday, but I see a potential buying opportunity here as it found support right at the VAH from the 2009 lows. This suggests that the trend from that year has been broken, and a new cycle may likely begin now.

nomadhedge Mar 16, 2024

I believe we will retest the Value Area High which aligns well with the fib 1 extension of Wave C pullback, before resuming higher. The upside move could be absolutely insane.

nomadhedge Mar 16, 2024

NYSE:NOW stock should find support at either S1 or S2-zone before resuming higher. I believe in we are a Wave 4 correction.

nomadhedge Mar 14, 2024

Boeing stock should bottom at around $163 and the rally will be immense. Add this stock to your watchlist.

nomadhedge Dec 6, 2023

CRYPTOCAP:BTC | #BTC Weekly Log-chart gives some perspective. We are still below long-term trend line, and beginning to reach extreme overbought levels on the weekly RSI; doesn't mean we can't continue to power higher but expect some volatility ahead from current price levels.

nomadhedge Dec 4, 2023

CRYPTOCAP:BTC | #BTC Considering this analysis, I anticipate Bitcoin reaching 43.8k before pausing. The triangle breakout aligns with the fibonacci extension, pointing to a similar target.

nomadhedge Dec 2, 2023

The stock is expected to complete its final move to Wave 5 of (V) before undergoing a significant correction, constituting a substantial correction in my view. My extended target for the upward trend is $143, with plans to consider short positions thereafter. The recent upward movement appears to be forming a rising wedge, adding to the overall wedgy ...