We tested support today but didn’t get a gap fill from Monday’s open. Will buyers step in to take this stock to the moon again or will the hedge funds win this round. I’m in as of yesterday and added to my position today.
uptrend It was a typical pullback to the broken level and there is a good bullish candle over the level as a trigger for getting a buying position. About 78 can be a good place for setting SL on it.
Bear flag showing here on spy and a few other indexes/ sector. This bear flag would be consider a handle for a inverted cup and handle. Smaller time frame looks like this spy And heres NQ We are headed back to bear flag support around 500.. from there we could either finish one more bounce higher 511-514 before finishing the leg down to 480 The bear...
I am sure soon price will comeback to test this channel at least once, before going down even lower or after a trend reversal.
Last month (April 18, see chart below), we called for a short-term buy on Rivian Automotive (RIVN) but expected one more pull-back before the absolute bottom: Since however the price broke above the 1D MA50 (blue trend-line) and closed a 1D candle above it too, we have to revise it and we consider April's low to be the bottom (Lower Lows trend-line) of the...
There is a strong resistance above the price. Most likely will be rejected next week. If you have decided to trade this idea, you can enter now at 16,59 and target 11,48. Wish you good luck.
Buy Starbucks ladies and Gentleman. I have a couple good reasons to invest in Starbucks as I will be myself. 1. Starbucks Weekly and Monthly Bullish Triangle Formation, and Bullish Harmonic Bat Pattern We can see an (ABCDE) correction, and Starbucks has already popped 7 percent from this universal trendline. The Bat pattern on the weekly chart inside of this...
There exists a short term and long term bullish case for GameStop. Fuelled by the last short squeeze this company has a strong cash position thanks to investors buying up new share issues and is poised to begin turning a profit in its retail division thanks to store closures. Patience may be required to see these consolidations begin to take effect and the...
I am bullish for the rest of the summer on OIH. Energy prices and demand always rise in the summer. The technicals all look bullish, we've been riding a steady uptrend for about a year now and we are the point of breaking out of the lower value area and moving back up to over 400. Currently price sits at the 618 coefficient on the most recent swing hi-lo...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Been watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy. Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on...
Faraday Future Intelligent Electric ( NASDAQ:FFIE ) has experienced a significant increase in its stock price, jumping 67% in premarket trading on Friday, following a 479% surge on Thursday. The EV stock is now trading at $1.70, the highest return for any stock listed on the New York Stock Exchange or Nasdaq. The market cap on NASDAQ:FFIE is now up to $70M,...
Looks like the early beginnings of an inverse H&S on the MSTR chart. Neckline around $1340. Will be watching for the breakout to confirm this pattern. Early targets: - $1480 - $1670 RSI trending up. Looks even better on the daily chart. With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
Microsoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud...
TSLA is firming up a new base after hovering at the 61.8 FIB this past few days -- proving this level as a strong order block support on daily data. Accumulation / net buying has started pouring in. Ascending higher lows has been registered. Expect some significant price movement from here on, with a long bias. Initial targets are the blue boxes. Spotted at...
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.
just a thought im gonna throw out there. its not impossible, id say a 7% chance
In todays video I show you guys how I screen for stocks with a bullish swing trade timeframe. Hope you enjoyed