balinor

balinor

Price cannot get past 960-970$ zone These failures create a triple top formation that is a very bearish pattern I expect a sharp downtrend move in the next weeks

balinor Updated 

Palantir reached higher high but now a down move is coming heading to the bottom of green channel First target will be around 22$ where a bounce can happen

balinor Updated 

Price is compressing inside a triangle and a sharp move will soon happen Usually triangles are neutral figures without specific direction

balinor Updated 

We have everything in place… A double bottom A channel down breakout An inverted head and shoulder forming out

balinor Updated 

Symbotic falling down but earnings was not so bad to justify a drop like this Just moving inside downtrend channel more quikly than ususal and will reach lower margin soon I think it need to drop to 35$ where long term bullish channel ad medium term bearish channel meet From here a powerful upside move can happen that will fill the GAP

balinor Updated 

Price breaked purple trendline and then touched support line at 69$ I think price is now starting a strong upmove

balinor Updated 

Price is moving down fast and soon will meet long term support at around 170$ where a bounce can happen

balinor Updated 

Ripple is going to complete an head and shoulder that will push price down a last time to touch long term support trendline This will be a good entry point to catch the long waited upside move

balinor Updated 

Index is near bottom of orange channel and also near to 1D SMA50 I think it will going to break soon because correction is not over yes I suppose a final destination of 10% at around 17000

balinor Updated 

Rocket lab is recovering very fast from past week hard drop Closing a candle above purple trendline will start a new strong up move I think it will happen next week during earnings

balinor Updated 

Price almost reached bottom of channel up, 4 or 5 dollar to drop more before is ready to start a new uptrend

balinor Updated 

Nio price is very near purple trendline Crossing can be a strong signal for a recovery and a new bullish trend beginning I suppose it will fail to pass today, heading down to lower trend border at 5.60-5.40$ in the next days

balinor Updated 

Chart remember me a lot what happened few years ago Price is moving following a similar path and almost reached the top Be ready for a correction because history repeat very often in trading

balinor Updated 

Tilray crossed bearish trendline (purple) and entered again into side channel 1.93$-2.10$ I think price will move inside the channel for some days berfore breaking out First target to reach should be the purple dotted line around 2.40$ Short term channel is bullish (green) but long term one remain bearish (red channel)

balinor Updated 

Index is compressing inside symmetrical triangle and going to explode soon In hourly chart index is moving between 1H SMA50 and 1H SMA200 for some time I suppose it will break down because of last bearish engulfing candle on weekly chart

balinor Updated 

Price is moving inside a symmetrical triangle and will reach the end very soon I suppose a strong move will occur today (or at least tomorrow) Be carefull

balinor Updated 

Alibaba move into a very long downtrend Very probably it will reverse soon At the end of the channel an inverted Head & shoulder is forming right now Check neckline breakout at 78$ and most importantly a close above purple trendline as a final confirmation of the new uptrend

balinor

Price touched top of long term channel down and reverted moving downward If price cannot get quickly above resistance 83,07$ then a down move to 81,59$ (4H SMA50) will probably occur A bearish engulfing candle also completing on 4H