LAZR seems to be plotting a distorted triangle and we are close to .618 and have technically tested it already, we may hit 1.34 again and then rise. P.S. Squeeze figures are still in range, 27%, 15 days to cover +/- 1-2 days which is immaterial at double digits, and 53%+ off exchange dark pool shorting. Info and Educational Purposes Only. CandlestickNinjaTV on YT GLTA!
Luminar Technology is facing intense pressure with short squeeze indicators like Short Ratio, Short vs. Float %, and Off Exchange Shorting % reaching 15 Days, 27%, and 53% respectively. It's primed for action! After breaking the initial barrier at $1.60-$1.70, we retraced to the previous support zone of $1.40-$1.44. Holding at $1.38 will signal the next move...
Bitcoin (BTCUSD) analysis covering multiple timeframes and market sentiment. Join us for insights into the current trends and potential scenarios.
ChatGPT Bitcoin is encountering key resistance areas, possibly topping out between $70k and $80k. I'm leaning towards a more "bearish" view, expecting a climb to $70k with a correction thereafter. Using Fibonacci retracements from $60k to $70k, the .618 level illustrates short-term support. Wedge breakdowns often lead to double bottoms or worse, as they're...
am not bullish on the market. I am mostly holding selectively bullish until we get a sub $12 dip in the VIX. That's when I go long on UVXY, UVIX, URA, possibly GLD, cash, and short SQQQ and other stocks. If you look at the 1-month to 6-month history of the VIX back to as far as it goes, like the 1999/2002 tech bubble bursting, 2007/2008 RE Crisis turned Great...
Overview: Luminar Technologies (LAZR) appears to be forming a possible bullish diamond pattern, which could indicate a potential bullish reversal. Combining Fibonacci retracements and extensions with Elliott Wave Principle (EWP) counts, we'll explore potential price levels and patterns for today's intraday trading session. Chart Analysis: Bullish Diamond...
Assuming we don't break $1.44 today and hold, we may see $1.38 .382 retracement from the recent run-up (today/tomorrow) and then $1.44 break by tomorrow or Thursday. (White Line) I think we break it today though. If we do then my alternative retrace will be from around $1.60 (Green Line) Always for Educational and Informational Purposes Only!
This is my trajectory towards $2 psych, once we break $2.20 it's high flying until $4 and we may squeeze then!
Pfizer staging a comeback to the FWB:30S , let's go! Over investing in COVID and other cash drags pulled them down from the GETTEX:50S , but this may be a good long monthly Call Option play!
She wants to break out like she's scared of sub $2 - short term bull diamond showing up at the end of a triangle pre break?
So, based on the .382 correction the theoretical max extension should be 1/.382 = 2.618, at the more conservative level we should see 68,625 or so but...you can't see the 2.618 extension but it's at 74k, 74k psych is my target by friday next week the 26th! So we have one more run up towards 74k psych after 68k is broken then we should see correcting down towards...
Catch our in-depth analysis of Bitcoin's weekend performance and the potential for RIOT and MARA gap-ups on Monday! Follow us on TradingView for more insights. 📊 Bitcoin could get another leg up to $70, $75 or even $80k before taking the needed larger correction to sub-60k!
A walk the VIX Memory Lane may be most beneficial to any trader because like clockwork, news scrambles to match up post-haste what happens in the market, but you dont' have to wait for that. Every major market correction that led to a VIX Spike and in turn high UVXY/UVIX many times over 1000% within 1-2 months has been after a fleeting drop below 12... Not there...
If we don't break $1.32-$1.40 we run the risk of a fail to the $1.20 zone of the bottom of the channel! We need a VIX of sub $17 for me to be confident we will break out on Monday/Tuesday!
Don't miss our latest analysis on the VIX! We're observing a rise towards $19.50, with a potential short-term top in sight. Stay updated with Candlestick Ninja on TradingView!
LAZR Should be breaking out, but this may happen first... I don't think we break below $1.25 but I always assign probabilities to events, we are in a probabilistic game here, this is never an exact level game, if you think it is you have already lost!
Bullish Diamond, once the VIX Breaks $17 we rip! LAZR, OUST, MULN, ANY STOCKS you look at are being bogged down by a $17+ VIX, don't judge the stock, judge the systemic effect of the Fear Index on the market. Bullishness on my end? Unchanged. Status, 100% very bullish all hands on deck, powder deployed, Let's Go!
With the fake out rise in the VIX that's now being suppressed back down towards sub $17/$18 prices, I expect a big rally to the low 30s on Pfizer within the next 2-4 weeks. Educational and Informational Purposes Only!