Bmmcoo009

Bmmcoo009

The Golden Buy opportunity was april 23, 2024 SPCE has been slowly finding a bottom. from what I understand, Virgin Galactic has had a phenomenal year this year. The numbers have been looking better and better as they have been getting closer and closer to their full launching stage. They are projecting more trips into space as of next year. Buying shares now...

Bmmcoo009

observation 08/25/23: price action has fallen below the 5 (green) ema and broke through the 13 ema (yellow) and since recoverd and currently between 5 (green) and 13 ema (yellow) current price action: 342.31 this is telling me that bears are now in control of price and are making moves to head lower. this is supported by the 30 ema moving average (purple) being...

Bmmcoo009

Now I'm not one to be about chatter as far as meme stocks and all that hype. I just want to be clear all of this is pure my opinion and I do have a position in bed Bath and Beyond. I own 1 k share with no stop loss. With that being said... I have a feeling bed bath and bound's stock is highly oversold. The shirt interest % float is 33.54% with a short volume...

Bmmcoo009

To day has a lot of aspects shaping the market. we are at an infliction point in the market, where both bulls and bears are being squeezed. so far it seems as tho te decay is the only winner as we await fed minutes Keypoints: -FOMC meet at 3 pm est- typically the market has low volume thoughout the day until fed speaks - jobless claims although came out worse...

Bmmcoo009

Using The Dynamic moving averages to show the range at which we are moving. I show us below all current moving averages on the 4hr. and with todays current rejection of the 5 day moving average I feel the market is looking lower to find support in areas to test the Psychological $120's but with the current state of the market I fear we will test Pyschological $100...

Bmmcoo009

lovely almost perfect double bottom scenario after the market drop on what appears to bea a shake out. look for the continued push higher into the weekend

Bmmcoo009 Updated 

Previous Chart i stated that we were looking at 2 directions going in to FOMC numbers today. It appears that we in fact did reverse off of the $100 mark. just a little over. This area also happened to be the 100 MA which we just crossed bullish over. although we had a slight rejection off of the 200 ma I feel that the bullish momentum should carry strong for the...

Bmmcoo009

From the last video we see that we were getting into some Rocky territory. As succh,Apple proceeded bearishly aggressive to where we now are at $135. this movement crossed under my previous line and such in full on bear territory. This is a very good opportunity to pick up some very cheap stock for the kids for the holidays. coming into this summer wave, can we...

Bmmcoo009

ALL gaps must fill!!!!! This gap posted june 2nd at 772 has to fill. I noticed -Candle /w moving avg cross over -green/yellow/red/ up -previous gap needs to get filled -coming off a bounce off a very strong support Bullish

Bmmcoo009 Updated 

• sitting below all moving averages • Sitting on the 0.61% range on the Fibonacci (direction test) ○ My Thought: We are in an interesting position at this point. This is a make or break area. We are right on the Fibonacci's 0.61% level which is the make or break level for I personally would take the bearish side of this position. 42k is a previous...

Bmmcoo009 Updated 

USDollar/JaPaneseYen: • In the first level of a buyers zone (bullish • Fibonocci levels in 0.382 levels show that this is an area of buyers zone (bullish) • Greenbacks steadily getting weaker (bearish) • Closing in on 100 day moving average (neutral) • Sell off from 4 year highs over since 2022 began(bearish) ○ My Thoughts: Yesterday we said that "UJ"...

Bmmcoo009

• Below all moving averages • Fibonacci at critical level 0.61% if we reverse it has to be today… now • Higher volume of buyer much lower ○ My Thought: As previously stated we are moving a lot lower we can easily see 500 point move down today. This market is well over due for a healthy correction. First target is 14700 and then below that we test and most...

Bmmcoo009

• Touching the 50 moving average on daily • Nowhere not near 10 or 20 day on the monthly • Possibly support on the 100 day moving average on the daily 300 points below ○ My Thought: Finally this crazy wave is over. Do we crash? Possibly. This is going to be a terrible market. People should really be adjusting their portfolios into possibly bonds and this...

Bmmcoo009

Russell 2000: • No buyers higher • Testing support for the thousandth time in a year • Rate hikes • Inflation • All bad • Fibonacci show oversold in lieu of reversal ○ My Thought: TIMMMBBBBERRRRR!!!!!!!! Small caps looks so weak up here it is not even funny we are testing this support for the umpteenth time since last year. Its time we go lower. This...

Bmmcoo009

• above all moving averages • Key breakout area ○ My Thought: We rejected 1830. Simply put we need to remain above $1830 to continue this bullish trend day by day. Although on the monthly chart we can still finish the month very strong. I would like to see how gold does if it holds $1820. should we reject that 1820 level its back to a bear trap of $1808....

Bmmcoo009

Candle on daily bounced right off of Major support • Below 10 day and 20 days away • Sellers faded out with selling pressure from the dollar commodities have a chance to rise ○ My Thought: Gold and Silver have been pumping although I prefer Silver. I feel it is much safer than gold. It is less volatile than gold. Once we held that $22 level that was the...

Bmmcoo009

• Above All Moving Averages • Last leg of resistence area before going to 3 year high • Had a call for $150 last year ○ My Thought: My last leg of defense is up here t $85 dollars of course we are $3 away right now. Now this area I would be cautious because the $83 level has some tough resistence and last time we were up there we dropped pretty bad but...

Bmmcoo009

• Under all Moving averages • Fibonacci points out the .50% mark which is a major consolidation and direction indicatior • Buyers have been picked up lower but not enough conviction to still continue higher unless continued loading ○ My Thought: ETF: A few days ago we noted that buyers would step in around the 3100 level and so far buyers have stepped...