johnwicksaidso93z7xy

johnwicksaidso93z7xy

I am working on a fundamental article for BTBT, but it will take some time to complete. The chart looks good here with a good risk/reward. Thought Process: -Above 200DMA & (Falling 200DMA) makes it even better support -Upward trend for the last month -Earnings outlook is improving -ETH ETF & BTC ETF Trade Process: Buy: $2.60 or Below SL: $2.14 Target 1:...

johnwicksaidso93z7xy Updated 

After consolidating since March 2022, it looks as if GM is ready for its next leg up. Target 1: $49 Target 2: $59 & $60 Stop Loss: 50DMA

johnwicksaidso93z7xy Updated 

Chart #1 : Price Target $154 Tesla has been trailing this downtrend line (aqua) and its 50 day moving average (blue) falling 36%, underperforming both major indexes SPY & QQQ up 25% and 27% over the same timeframe. Tuesday 2 April 2024 Tesla reported vehicle deliveries of 386,810 and production of 433,371 potentially signaling a current demand problem. This...

johnwicksaidso93z7xy

The Hang Seng Index (HSI) breached its 200 Day Moving Average (orange) last week but it still faces some resistance from a 3 year downtrend line (aqua). I am anticipating a breakout for Chinese equities and my favorite chart so far is JD.com (JD) which has breached its 200 Day Moving Average with decent volume and a bullish engulfing weekly close. First...

johnwicksaidso93z7xy Updated 

Motor Vehicle insurance prices are up 2.6% month-over-month and 22% year-over-year according to the latest Consumer Price Index report published by the Bureau of Labor Statistics. This should benefit insurance sector equities, so let's take a look at the KIE Insurance ETF. First Chart (Trend Line; 1 Year): Taking a 1 year view we can see that (KIE) has been...