COIN showing signs of a cup and handle breakout after 5 months of accumulation. The handle proving to be the post-earnings correction, the price has since respected a broadening formation from the July 19 market sell-off. With bitcoin and Ethereum about to reclaim the highs from spring, should see continuation in COIN with resistances at Fibonacci retracements. If...
Trading conservatively within this channel from the covid lows of 2020, and discounting the rallies that broke out of it, it looks like ROKU is about to replicate this pattern reversal and touch the upper trendline. On each of these past reflexive bounces, the length and time of the rally has been fairly consistent and coincided with the MacD curling. After the...
Looking back at the last five times the MacD crossed bullishly on the weekly chart for Disney, we get (on average) a 24.2 percent move over 3.3 months. The MacD on the weekly is curling again, with a turning point of around 173 on August 2. If we use the average, we should be at 215 (24.2 percent from 173) by the middle of November (3.3 months from Aug 2). This...
