themoneyman80

themoneyman80

If you had decided to hold the channel in the sideway movement, it would have worked both ways for you, as it did an excellent job for both bulls and bears. The sharper move it has made since joining the DOW is still yet to be seen, waiting for what many have called a run-up to 200. Until then, 131 remains solid support unless some may perceive this pattern as...

themoneyman80

Good strength, relatively speaking; however, I can't seem to get it except for my head surrounding the way it is being shaped into a possible head-and-shoulders position that could mean a retrace rise and eventually FALL! Now, unexpectedly, this has broken through many barriers, but like any other stock, there is always going to be a time for bears and a time for...

themoneyman80

As we explained last week, the break of 540 sends it down back into the 300s before making a slight recovery towards the end of the week. Momentum is with Bitcoin and the all-exclusive 100k break. If this is about to happen on the latest dip, we could see another gap this coming Thanksgiving week of Monday.

themoneyman80

With all indicators hot of the press and looking for more room to run, things are stacking up against this; after a few key areas, from Fibonacci support, stochastic, RSI, and MACD blowing up, it has come to my attention that dreams can last longer just not infinitely.

themoneyman80

After a turbulent few weeks, a few indicators formed the H&S, which is seen as identical to two significant components in indicators. We called it at 350 but still haven't seen a clear sign for an entry. The MA is staggering up but slowing down as the charts spike up and down in both directions. On Bollinger, Keltner, and TTM, we are seeing similarities that point...

themoneyman80

With an opposite in the daily chart for the number of differences in the indicators, clearly showing that an RSI is formatting a plot to an H&S to allow it to break but a bull flag pattern bullish, but other indicators like Bollinger pointing to 360 on upper but the second tier stands closer to 400.

themoneyman80

MACD death cross, but stochastic crossover bearish continuation, but flag pattern from center Bollinger also at the same level for correction before continuation. 310 then moves northwards.

themoneyman80

The trendline bottom Bollinger pinch always retraces back to the center. With SMA readings of 124-129 and the trendline at 130s, there's quite an infinite difference in the measurement of 3 enormous indicators that offer insight into a moving average as big as this to confirm with other vital indicators.

themoneyman80

As the trend continues, it has happened before on 3-4 occasions, especially on a daily and/or weekly basis with stochastic death cross; RSI is already halfway, and even MACD is showing signs of slowing. This is a good place for a turnaround in the mid-400s for possible execution into a long-term hold for 2025.

themoneyman80

Crossover MACD (not usually high-level confirmation) but other indicators following suit, catalyst came in sound, and no surprises in guidance. Expecting to see the momentum follow through with all the data.

themoneyman80

The pattern seems consistent, but one key area that doesn't want to see this continue to struggle is heikin, which just started its bullish position on this otherwise overbought level due to a correction to go along with the continuing selling pressure starting to creep in.

themoneyman80

The bullish rhetoric, visual and in distinctive fashion, looks to break from the earlier resistance, forcing it to make new highs; the indicators aren't even overloaded.

themoneyman80

All the indicators can start moving sideways, but not every indicator, as has been proven before mt stance isn't entirely pursuing a bearish trend or new price action, but all the same, it needs to cool off.

themoneyman80

It is good at coming back from a major shakeup and looks like what we're seeing here: continuing its push toward 600 marked on indicators, good catalyst, and possible breakout to newer highs. On watch!

themoneyman80

Continues with momentum from what we thought could be a retrace at resistance, which is still likely that notion could be put out as soon as the end of the next session, but until then, every indicator pointing towards a continuation rather than any major pullback.

themoneyman80

The stochastics show a death cross formulating on the daily and numerous other indicators. It jumped with volatility and more than usual volume; I did declare that it may come down for a correction at some point before I expected it to break through 400, like a cannon. Still a firm supporter of bearish mode and stance.

themoneyman80

The overbought levels are creeping up, but there is still a retrace on the current trend line, which seems to amazingly come back every two days (a scalper's dream), waiting for confirmation of a drop and the start of a new pattern. Until then, the trend is to continue making new highs, and the next step is the 150 barrier.

themoneyman80

All indicators massively backing up to the overbought levels, the stochastic, and RSI plus MACD all have the same precedent, and one thing in common is that it could sway for a little while and cool off the temperature until it makes new highs. Short-term short.