yewac

yewac

spy broke major support level, has more movement to the downside next support level at 340, then 320 if 340 gets broken overall strong bearish sentiment

yewac

possible breakout of pennant-like area could retrace back to 400 then run up to upsides of 430-450, possibly new highs if breaks under 400 it could run down to 388-389 then bounce back up lmk your thoughts

yewac

Very simple analysis, huge bearish power candle going under 200 ema, under VWAP, already but still is under 21 ema, etc. Could see more retracement down to maybe $400-390? Market has been recovering pretty nicely so small retracements like this follow up with strong bullish movements; after this retracement hopefully we can see upsides of 432 and a strong break to...

yewac

bearish activity descending triangle recent double top bearish macd crossover under 9 ema and 200 ema

yewac

Ascending triangle on spy + upwards trend + 200ema crossover Pretty self explanatory sorry for the laziness

yewac

I'm just experimenting with different technical indicators so lmk your thoughts on this chart. It seems that although the market is in and still headed for a down trend, GME apparently doesn't care what the market does and has a mind of its own. Long maybe?

yewac

Bought SPY 6/1 $366 Puts for $3.80 on 5/12. Let’s see where this goes.

yewac

I think BTC may have made a new support level in which there is a high demand for BTC at this price. Lmk your thoughts on this and if you are investing into BTC atm.

yewac

quick tsla analysis - symmetrical triangle formation - RSI uptrend - TSLA short-term uptrend - Bullish flag formation/breakout coming - above pivot point & 50MA

yewac

- breakout play for BTC - could either breakout to the downside or upside (upside more possible) - MACD bullish divergence

yewac

- hit support level - bullish MACD divergence - market recovery

yewac

- wait for breakout/confirmation - monthly call options as well as large position entries seem like a good play

yewac

- I’m thinking this could be a good S/R play - Long option calls (monthlies) - WAIT for confirmation/bounce from support line (or wait for breakout to play it safe) - Market could be seeing a short-term down trend so wait for strong bullish confirmation

yewac

Overall bearish on TSLA as it looks to be hitting a resistance level very soon. MACD about to cross into the downtrend. The stock is currently in the overbought territory. Wait out TSLA to see if it reverses off the resistance level before entering any put positions.

yewac

This is my long-term Bitcoin support and resistance level analysis. If you are looking to enter a position, this is a good reference when paired with the BTC fear and greed index!

yewac

- reversal off resistance - play the breakout of the BC - weekly and monthly option plays - if playing options, make sure you have enough time for expiration

yewac

Technical Related: - Double Top on BAC (already hit) - Hit resistance level (around $38.25) - MACD dipped extremely under half-line (more room for volatility) - No further bearish technical indications News Related: - War between Ukraine & Russia heating up (bearish) - Bank of America's financials are good + getting better (bullish) - Buy rating given from...

yewac

TECHNICAL: - Symmetrical Triangle Formation - Wait for breakout or enter now ( higher risk ) - Double Bottom Formation - Bullish - MACD Cross - RSI low - More room for volatility NEWS RELATED: - Ukraine & Russia will be having a discussion (positive) - Market may relax w/ panic selling - War may calm down...