rook2pawn

rook2pawn

There is strong downwards price pressure which will need to resolve itself. The price targets listed above. Price needs to continue to bake. if you like this idea please upvote. Realistic picture of the market.

rook2pawn Updated 

I AM NOT A FINANCIAL ADVISOR we're now forming FROM a secondary lower shelf from the new low that was established in march 2 2022 The lower shelf will form the basis of support build up the market from a corrected level watch the bottom touches. exceess liquidity has dried up so be careful. likely the pump is from the shorters who are planning to raise a...

rook2pawn Updated 

I am not a financial analyst and these are just personal speculations. SPY is heading towards a massive multi-year correction in that will see a temporary bottom in 2024 before finishing in 2030. Advise is to be careful and limit long-side exposure. I would consider going into long dated call credit spreads at this point here.

03:02

rook2pawn

UEC - January 2022 - I am pretty encouraged by what I am seeing between the CCI and the Horizontal support at $3.60. I haven't developed price targets but this is looking like a great entry anywhere between $3.20 and $4.00. Please give me a thumbs up and leave feedback if you liked it and if you learned anything - Im always open to constructive criticism as...

02:08

rook2pawn Updated 

Price targets are $160, $180, $200, $220 and $240. Look for volume and hidden bullish divergence continuation. With volume -> Hold. Without volume -> Covered calls.

rook2pawn Updated 

Not a financial advisor - this is speculation on WISH stock. WISH stock is of course oversold but the accumulation zone will chop by over 100% in both directions for the next 6-8 months. I anticipate support and resistances to start defining themselves over this period. Do not get chopped - Going long is fine here - either this is going to be accumulation zone...

rook2pawn

This is my take on DOGEBTC movement to a volatile rising channel. The wicks in mid august are going to be wicked but watch for support and feel strong to buy on the support purple line. We officially break out at the 78% fib/time fan. The breakout will come Oct/Nov but the rising channel will be required as a new price floor will be set and it will do alot of...

rook2pawn Updated 

I inverted the VXX and analyzed the mood sentiment shift in 2016 when investors felt safe to invest post 2016 you can see the exact months when the agreement was brokered and VOL was sent downwards (upwards on the inverted chart). Both SPY and VXX are broadening - "Broadening formations occur when a market is experiencing heightened disagreement among investors...

rook2pawn Updated 

The charts are screaming at you people, the price is increasing, bouncing off the 9k levels and every single day the volume grows less and less (although admittedly not by much) When this happens I fear a reversal is imminent. That's just my prediction but its based on what's staring at us in the face on the charts. Volume doesn't lie. I suspect most of the...

rook2pawn Updated 

Look to buy in at 4.5k. Rally is very strong post 6K crash but dailies show consistent waning volume and consistent increasing price. This is classic pump signature. Also strong indicators that there is alot of wash trading and price discovery algorithms but this will lead some investors off a cliff. Sell in the green, buy in the red. Dont chase the candles. Patience.

rook2pawn

There's nothing more telling than volume. I'm going to go out on a limb and say its going to go to around 4.5K, and possibly lower soon. The evidence cannot be clearer. Yes, there is alot of rallying going on from the post 6K crash, but I would be leary of the post 8K levels and consider shorting a 7K buy look to rebuy in at around 4.5k. Also it's pretty clear...