Not sure if I've done this right, but it seems like a breakout may be imminent. Maybe somebody could correct me if I'm wrong with the pattern.
Support lies at this level, if we fall below here, it may be a good idea to buy a protective put to lower your risk of possible downside
For those that don't already know, a power trend starts when these four things take place simultaneously on a major index: 1) The low is above the 21-day exponential moving average (EMA) for at least 10 days. 2) The 21-day EMA is above the 50-day simple moving average for at least five days. 3) The 50-day line is in an uptrend (one day is sufficient). 4) The...
Look to go long below 0.5 extension, anything below 0.618 is even better. Price target 35.64+
If we push below 4062, open short position, if there's a bounce, open long, stop loss at 4061/4060.
Very bullish on PLUG. Strong upward trend since lows, and $400 Billion in clean energy credits should boost this stock to new highs.
Watch and see how US100 reacts as it reaches the trend line. A retreat may indicate an inbound correction. I would be hesitant in creating any long positions over the next week.
PLTR has fallen through a lot of resistance over the past week. Unless it can catch itself and create some new resistance, these are the levels it could drop to, before reversing. It's best to see how PLTR reacts after hitting these areas of resistance before entering a new position.
Pretty new to this, but it seems like it's a setup for a breakout sometime before April.
See how US100 bounces off the line in diagram. Push below this may offer a good shorting opportunity, or may be a good entry point if there is a clear bounce or 2 on the line.
As you can see, we've been following this downward trend for quite a while now, and the peaks and lows seem to match up almost perfectly. Without a breakout, we may see a push down to 3700 territory, if not lower
I havent seen anything that might suggest a breakout is inbound. Lower support line is at 3709. If it breaks below this, anything is possible, but opening puts/shorts may not be a bad idea with the current movement Disclaimer: I'm not a financial advisor
A huge correction might be inbound. The market has been pushing downwards since February, we haven't really seen something like this since November. If it pushes below the lower resistance levels, expect a hectic day.
If it pushes below $3815, a correction may be inbound. I think it may be a good idea to have money on hand for the opportunity to buy at the dip
Keep an eye on GME over the coming days. I'm neutral on this, but I'll give some factors which may affect the price: - AMA with Mark Cuban: Reddit are the drivers of this short squeeze, this AMA has a lot of value, and depending on Mark Cubans sentiment, will play a huge part in dictating the direction GME goes over the coming days - Short Interest Reporting:...
I don't do much chart analysis, but it looks like a breakout may be inbound. Maybe somebody can correct me on this.
I might be crazy, but this stock seems to follow very closely within these guidelines. Take this with a big grain of salt however, as I am no expert