Inverse head and shoulders pattern forming. I believe a bottom has been reached and the new uptrend will continue. Fundamentals -- I'm a sucker for this stock. Despite the covid pandemic spider man pulled in a billion dollars. AMC's strong hold on pop culture ensures a profitable and long term future. Warren Buffett owns coke company and AMC sells a huge...
The british pound has made a nice bounce of NOV lows but it needs to break resistance in order to continue its upward momentum. Fundamentals -- increased liquidity by central banks has helped Great Britain implement fiscal expansion plans. In other words, increased flow of money will attract new businesses into the british pound.
BB technicals show what I call a "frown" pattern ☹ which typically indicates an overall downward trend. The price rallies fizzle out quickly and the price returns to its baseline.
The yellow line is resistance. If the breaks breaks above it we could finally see the beginning of a new upward trend. TWTR stock price has sold off 44% since October. Fundamentals, investors always complained about poor user growth. Now user growth is strong. What excuse do they have now? This company makes money!
The next price movement for the index is uncertain, however, a triple top pattern has revealed itself in my eyes which could indicate an upcoming bearish move to the downside. Always predetermine risk and exit before placing a trade. Fundamentally, there is a lot of variables that could shake investors both with China and covid.
Technical, the dollar has been in a bull run for the year 2021 and looks set to continue in 2022. You can see from the chart a bullosh flag forming which usually results in continuation. Fundamental, despite the mass hysteria surrounding inflation and the fed printing money, the dollar continues to gain in value, not lose value. I believe US business is...
Consolidation is going to break. Looking for it to continue its downward trend. Always predetermine risk and exit.
Technical: falling wedge pattern. Wait for the a break and ride it to Valhalla. Fundamental: shib is a legit coin. Look at the number of businesses and exchanges getting behind it.
$GME is showing higher lows on the the RSI over the past several months. This could be a bullosh indicator but it's probably nothing. Also, I have a tendency to see things that are not actually there. Fundamentally, I think Gamestop will capitalize on the NFT boom and successfully integrate their business to an online marketplace.
Technical - NOK is forming a bullish flag which could lead to a price breakout. RSI looks good too. Fundamentals - NOKIA has a mission to be a leader in 5G technology with many patents. I remember reading that NOKIA was asked by AT&T to help them with their 5G rollout.
GOEV price has formed a very strong base and has begun to curl upwards from that base support indicating a potential price breakout. Fundamentally EV stocks have been more bullish over the last month.
My idea is for long term holders. Technical - IBM price has broken out of a downward sloping wedge pattern which is usually a bullish pattern. Fundamental - the hybrid cloud product will be a boon for the company.
I drew up one possible head and shoulders scenario. The volatility ahead is presenting an opportunity.
Technical - Just look at that support line. They don't come any stronger than that! Very good buying opportunity IMO. Fundamentals - between sports world and the crypto world and the political world so many different people are coming to twitter to stay informed. User growth is STRONG 💪 I'm keeping this stock for at least the next 10 years.
Check out that consolidation. The price is bound up with a lot pressure behind it. Look OUT for a break OUT.
Hang on to your seats. This ship is preparing for take off. The price has been consolidating within the outlined range over the past few months. But now the bulls and bears must decide. Higher or lower?
The price of TWTR is trading within a tighter and tighter range. I believe this could push the price higher.
The bitcoin bulls have driven the price up against resistance multiple times and are failing to break through (yellow line). The bitcoin bears are getting ready to go on the offensive and drive the price lower. God speed.