paper_value

paper_value Nov 17, 2024

The 1:1 FIB extension and the multi-week cup and handle targeting the previous ATH. Coincidental?

paper_value Updated  Nov 17, 2024

Technicals: 2 targets. The local cup and handle @ 0.0059. The multi-week cup and handle @ 0.01. Moving above the clouds. RSI at a healthy level. Closed above the 200d EMA the day before. Socials: Check out the engagement on X.com with regard to $DOG. Impressive.

paper_value May 9, 2023

I do not like where the DOW is heading right now. It closed below the 200d EMA last week, this is not looking good. I would be careful with the stock market right now as there are still plenty of volatility. If DOW drops below $52, it might form a cup and handle at $49.50 and if completed, targeting $43. Stay safe.

paper_value Updated  Apr 29, 2023

USDMYR completed a 6 year long ascending triangle. Watch out for target level $5.25

paper_value Feb 9, 2022

ASX:QAN other than the Covid blip, log chart showing uptrend since Dec 2013. RSI MACD turning bullish on the weekly. Jumping the gun here... will need to see the week's closing on Friday for confirmation. Target: $7 Stop-loss: $5

paper_value Updated  Feb 6, 2021

GEMINI:BTCUSD Bulls are trying to punch through the middle Bollinger band and the band is getting narrower each day. RSI gaining strength MACD curling up and turning green Such an exciting time!

paper_value Jan 6, 2021

ASX:MPL might be completing a double bottom at the end of this week. If so, target $3.60. A fall below $2.99 invalidates this outlook.

paper_value Dec 25, 2020

If the inverse cup and handle makes sense then we see a target of $190. Otherwise... i would still stay away from the falling knife until we get a clearer picture/pattern.

paper_value Nov 23, 2020

About 145 days into the bull flag. Still waiting for a breakout but positive signals are lining up nicely. If we succeed in a breakout these are the levels to look out for: Long Target: $24 This outlook is invalidated below: $18.10

paper_value Updated  Jun 26, 2020

The market is extremely volatile right now. Shorts are getting higher. It's not easy to find a good business with a good technical setup right now. However, NASDAQ:DLTR Dollar Tree looks promising. The breakout last week might give us a shot at $99 conservatively. However, we are treading on ice right now and anything might go south, so keep a lookout and keep...

paper_value Jun 7, 2020

I am bearish WMT . Horizontal line has been tested for several days and there's a high chance that it will breakdown. Target price below: $117. Chart Invalid: above $123.

paper_value Jun 4, 2020

Alibaba NYSE:BABA completed an inverse HnS last night. A breakout will bring us to around $262. A break below $210 invalidates this view.

paper_value May 2, 2020

I don't like this 174 weeks double top pattern. Last week's closing had it retested the neckline but failed to turn resistance into support. Proceed with caution. I have a short target of $18 in future. Anything above $50.60 invalidates this view.

paper_value Updated  Mar 23, 2020

I dont like where SGX:C6L Singapore Airlines is heading. This is a very very very long descending triangle. SIA might have bottomed here or it might be facing tougher times ahead. I am leaning toward the latter and I would not catch a falling knife right now. Until there's a clearer picture, i would stay away.

paper_value Feb 26, 2020

I believe we have a little more to go down. Targeting sub $60 in the coming weeks. Take care. A break above $78 invalidates this outlook.

paper_value Feb 25, 2020

I really don't like descending triangle for NYSE:CVX . I have fundamental analyst giving me a buy/hold signal but i am still cautious. This 139 weeks descending triangle might play out just be very careful and wait for confirmation before entry.

paper_value Feb 13, 2020

Not confident in the current diamond top pattern. This pattern usually spells bearish. Daily and Weekly RSI are pointing up so this bearish diamond top might fail. Wait for a confirmed breakout before longing since it might be a bull trap. Take care.

paper_value Updated  Dec 9, 2019

I might be jumping the gun here. Based on Elliot wave forecast, IF Wave 1 and 2 completed, i might be looking at 1.618 - $0.22 target. A break below 0.063 invalidates this outlook and taking shorts at $0.043.