This was a crazy runner. Got clapped hard but on daily we are holding up at the 200 and 100 ema. To me it’s worth a shot with stoploss below 8.70. Buying anywhere from 8.88-9.15 should give us a decent averge for a small risk stop below 8.75 or so. Targets are 12.40 and 15$ take some off at those leave the rest for moon LOL.
Although Btc could Blast out of this symetrical triangle at the top, it is supported between 29.8 and 28.1. We have shown some serious support as 27 k there is a lot of similarities to a rising brodening wedge If this was to break 27k and flip to reistance this pattern over sometime could take Btc down towards 25/24k. Now of course what happens at that 25/24 k...
Getting extremely tight here. Symetrical trinagle. At the top of the range. Considlation station. If we break out of 29,8 and hold tarhet is 33k. We will still have to battle 30k but this could give squeeze we need. If we break below 28.100 and hold below target is 25k but 27k is still key support we would have to battle.
Pretty solid breakout today of 164.30-165 area. This is pretty big for Tesla as 165 was a key support of trend previously. I have downtrendin reistance at 178 looks like we can still come fall back in for a back test. Key support is somewhere between 163-165 so anywhere in that zone for me could be a huge buy zone. I’ll be waiting for the backtest retest...
Since the 20.42-21.45 range breakdown C3 ai dropped down towards mid 16s. It’s held up for weeks down here and as of now doesn’t seem to want to drop lower. It’s possible it is gearing up for another move and hienstly I was thinking downside for weeks now. Howverr now that I’ve been watching the buyers steppin in at lower 17 range I’m starting to speculate that...
Buy in this range. Stoploss 6.85. Target 9-10$. Lower support possibility of a breakout if we rip through 7.60 and use as support. This could be a big breakout. Get ready !
Large support we have held every time so far. Will it hold again? If we do fail then 160 is key support as well as 156 would target the bottom of the rising wedge. Howverr the support has held over and over. As well as 163 being key support. So for me I’d short 166.35 or 167.45 pop up, and stop above 168.50 Remeber every time we tapp 163 we do seem to bounce...
Been in a huge range all year. Could be a large ascendinf triangle but it’s no where near ready for the breakout. Everytime we enter upper range we don’t hangout long but man do people get bullish as all hell. Granted tech stocks have been leading heavily and prob the key reason spy has held up so well, I don’t think it’ll be lasting much longer. Overall spy has...
This could be a long stretch. We discussed this pattern a month back or so but it didn’t progress as fast as I hoped. Now we have earning tomrorow. Market def reacted pretty badly to the fact of no rate hike pauses. THis could be the signal for a more bearish sentiment to progress however apple earnings are also tomrorow. There should be some serious market...
This stock has been weak since earnings. We had considlation from 325-335 for a solid week after the earnings drop to 300 Howver we finally failed 325 abs dropped back to retest the same 316 support area. We tested it yeateday at close and today at open. It is showing some solid support for now howverr even off the rally today potential double bottom setup, we...
Here’s my overall weekly shib chart Since testing the 960 low, shib had a decent rally back to what I’m now looking at as a key downtrendinf roetsance around 1400ish Before shibs sweet rally from the 800 lows, we found key support on the lower support line of what I’m drawing as a large considlation pattern potential. We have now came back in after sideways...
Could be forming a rising brodening wedge here. Starting to look more likely. We have key support at 27k short/ mid term. Howver if we fail to break and hold above recent high a pull back towards 22.6 could Be likely. We should see bounces within the potential drop likely around 25k and 24k which is pretty solid support. Also a potential reason why this may...
Coming back into the old high of 168.16. As we come up I contiue to watch this rsi potential pattern as it could call the apple top here I am going to potentially defend the old high but I have an idea of this risifnwedhe to also hood roetsance which gives a high of 169 which could also allow 4 hour rsi to extend up a bit more and hit this downtrend reistance ...
With Amazon earnings around the corner the risk is a bit higher as we don’t know how this will play out. Howverr if we are strictly looking at charts we had a rising channel on spy that broke down. We were chartinf out a head and shoulders on spy potential with high of 412.70s being a level Personally I’m going to be watching this 412.20-412.70 area as a short...
Hit the targeted move to downside out of rising wedge breakdown. Target of breakdown was 405.92. That could build for another bounce up. depending how market holds up after Msft and goog bounce this could align spy to build a larger head and shoulders pattern. Upside target for now 410 which was reistance prior. To as high as 412.63 if we came to same high as...
I’m eyeing that is a head and shoulders on 1 Hour. Curently 166.30 remains reistance but 50 ema in 1 hour 165.70. I’m in short from morning pop. This isn’t confirmed but I am looking at a flat neckline of 163.80. If we break and hold That below it’s a trend break and neckline break. First target of this pattern would Be 159.70 for potential first bounce.
Alt bought the targeted move of breakdown is 130$ we can still see bounces in this trend. Market is breaking lows but Tesla is holding up. If we can clear and hold 162 as supprt we can see 164 today. A break and hold of 164 id look for a 169 high. If we break 160 then this will contiue down. It’s a 1$ risk here in my opinion. I’m not fully bullish Tesla at all I...
Big earnings this week and a lot of big tech looking ready to crack agyer monster runs up towards key reistance levels. Almost all tech is at key key reistance into earnings. Spy if we crack 410 and flip to reistance this will be the first warning shot We have been struggling to clear 413 for a while here now and only a matter of time for mometum to run thin if...