tyler_sim

tyler_sim

Keep a close eye on BTC here. Starting to get a well-defined channel, and we're trending down towards the channel support as the 200SMA is not holding as a strong support up at these levels... Red circle marks beginning of a new downtrend, green circle would be beginning of new uptrend. Red circle seems higher odds right now... Ideas not advice.

tyler_sim

USOIL could be reaching a tipping point here with this extremely large Head & Shoulders pattern tracing back the last few years... If we were to break below this long-term support, we could see a 30 - 40% decline in crude oil prices. Keep a close eye here.

tyler_sim

Nice head and shoulders break on TGT as the overall market is experiencing a correction. I would expect continued decline here, but may come up to the blue or red moving averages first.

tyler_sim

The US markets overall are correcting currently, primarily due to concerns over the slow job market... Biticoin has shown incredible strength from last fall through this spring, and its been in a consolidation pattern ever since... Typically on strong-trending assets, the first few consolidation patterns precede new uptrends. The big question right now is...

tyler_sim

Been watching the US01Y treasury as its chart patterns certainly are just as valid as normal stocks, but it really reflects the basis of the whole US economy being highly correlated to the fed interest rate. Right now we have a very well-defined head and shoulders pattern after quite the straight line up from near-zero from the covid era. The action this week in...

tyler_sim

Rivian looks poised to break out of a long-term downtrend right now... If we can get a strong breakout and then a rest to set us up for a new trend, this company could be an incredible investment going fwd. Fundamentally, we're starting to see Rivians all over the place now and they've definitely gained traction in the market.

tyler_sim

CVNA showing a nice wave/stairstep pattern pushing up, and now we have a super nice flag pattern. Would not be surprised to see this wave turn into a very strong and fast move up from here over the next few months.

tyler_sim

Super strong day for FDX after earnings beat... This could be start of a strong new uptrend for the shipping company after emerging from a trading range.

tyler_sim

HPE seeing some great momentum after breaking out of a ~6-year sideways range... Still early in the new upwards trend I believe.

tyler_sim

Nice clean sideways movement right under the same resistance line of the last few months. Could see a return to momentum on a break above this line around 189.

tyler_sim

Incredible head-and-shoulders setup on this company... Just now starting to break below long-term support (neckline)... Would not at all be surprised to see this stock cut in half over the next few quarters.

tyler_sim

Seeing a nice stair-stepping pattern on CLSK. This stock has had great momentum and it looks like it could be breaking out of a trading range soon. Could continue to offer great upwards momentum in the near future.

tyler_sim

Seeing a very, very well-defined head & shoulders pattern on the Nasdaq index right now. This looks like the sell-off that we've experienced so far is only about halfway through. Reminder: the Nasdaq increased in value 16-fold since the worst of the 2008 great recession. Big sell-offs create massive investment opportunities for those that are patient.

tyler_sim

Seeing a very well-defined Head and Shoulders topping pattern on BTC now. The 200 SMA is also rolling over now in combination with a clear head and shoulders, making this a very bearish setup. You'll be hard-pressed to find a H&S pattern this well-defined in recent years for BTC. Totally coincides with the top in the indices I noted recently. Given the y-axis on...

tyler_sim

Seeing a pattern I've seen many times before.. I've dubbed it the "Fake wolf short squeeze" setup.. Essentially it's when a wolf candle prints when still in an overall uptrend and price is not yet overextended to the upside .. Wolf candlesticks after a major upswing can be quite reliable for predicting price corrections, but in the context of a strong uptrend...

tyler_sim

Seeing a pretty good-sized head and shoulders formation in the NASDAQ index that is now pretty well-defined. Much more well-defined than anything we saw during the COVID crash. The daily 200 SMA in pink is also now starting to roll over for the first time in a while. We already got a first fake break below the H&S neckline last month, and I think if we break below...

tyler_sim

While the overall markets have been beaten down due to inflation, rate hikes combined with high asset prices, and the war in Ukraine, certain assets have been certainly rising like fuel and commodities. I'm almost looking at Pfizer as a commodity at this point since they have become so integral in the fight against COVID. Who knows what the future holds for Pfizer...

tyler_sim

Loving the nice head and shoulders setup on NVDA right now. Very clean after a strong run-up. Target is the daily 200 SMA in pink, or slightly below. Opinion only not financial advice.