grahammk

grahammk

Looking at Fisker over the past 8 weeks they have made a good recovery off their near term lows and formed a Bullish Continuation Pennant or Flag Pattern. Now on it's own this pattern is not overly successful however I'm also seeing 6 Bullish signals that have formed over this time span and ultimately are confirming a Potential Bullish Breakout. The height of the...

grahammk

Once again I hate to be the Bearer of bad news but I'm not seeing anything good on the C3.ai Chart. I've tried to map out the most basic indicators so that you're able to see what I see. In fact what I see is that the Bearish Trend has been gaining strength if anything. For 20 days now it has been trading below the 7 day EMA and well below the 50 day ema. We have...

grahammk Updated 

Right now there is more Negative or Bearish Signals dominating the chart than Bullish signals but the next couple of days could be pivitol for a short term reversal with a potential spike lower to $31.00. Earnings are 2 weeks away and with any Positive Earnings News causing Bullish Momentum the possible top is $39.00. That would be an $8.00 swing for a potential 25% gain.

grahammk

The chart is clearly showing that Tesla remains caught in a bearish trend that appears to be strengthening rather than letting up. Both The TSI and MFI show the Bearish Divergence and The Keltner Channel has just signaled a Bearish Cross to confirm with the MA Bearish Cross from 3 week back. TSLA is continuing to trend below the 7 Day EMA and broke through the...

grahammk

This is a weekly chart. Lets face it. Ford is Not an Exciting stock to be in. At it's current low valuation it may be setting up now for another trend reversal within the Bearish Descending Triangle that its trading in. That may give hope to some as the potential move if it touches support around $11.00 and moves up to $14.00 would be 27% upside, if you buy the...

grahammk

Looking at all the indicators Set Up for both charts, although they are at different price points they're almost all in Sinc so you'd think they're the same chart but PayPal is a little bit more advanced. I'm thinking there could be a double play here if PayPal moves first and then you can flip the gains into Hood shortly afterwards. Need to keep a close eye on...

grahammk Updated 

Looking at the most simplified chart, on July 28th Tesla saw a Bearish MA Cross Form. As well the TSI over the last coiuple of days has crossed the Zero Line and the Money Flow Index is showing that there is more money leaving the stock than entering with a fairly strong negative divergence yet the price has managed to remain relatively flat or in a consolidation...

grahammk

Looking at GSY it has been trading inside a year long Price Channel that started in the middle of July of 2022. Most recently it had a nice run off of the Double Bottom as shown but once again is near the top of it's channel and likely to retrace. Both the RSI and MFI are again topping out and though it could potentially hit $129 in time for the next Quarterly...

grahammk Updated 

So in looking at the Chart for C3.ai it appears that it may be setup for a breakout from a Pennant or Flag Formation. My take is that the Flag pole took too many days to form and so rather than Breakout in a Bullish Continuation trend to $69.00 it is more likely to break down to around $28.00. The volume on the Breakout and the direction will tell you what the...

grahammk Updated 

All Indicators on Tesla are beginning to show signs that the stock is beginning to Break Down. As my chart indicates there are several signals that are weakening including the daily lower volume as the price has continued to rise along with a BEARISH Rising Wedge. To me it is apparent that as it reaches July 19th for it's next Quarterly Earnings Report there...

grahammk

Looking at PATH, so far this year they have been on an upward trajectory gaining approx. 50% overall. The inverted H&S looks to be valid even with the False Breakout and the potential gain could be 29.2% if you're looking at the price from the Head to the Neckline of $5.49 and add that onto a Breakout point of approx. $18.78. It is currently trading for 5 days...

grahammk Updated 

Since my previous Lucid Chart it has been moving as expected and has broken above the last price target set. Now if LCID can break and hold above $8.14 the new target is $9.88 to fill the February Gap Down and will be an additional 21% Gain. Since June 28, Lucid has now established that it is trading above the 7 day EMA for 8 sessions now and that will in turn...

grahammk

There's quite alot going on here in this Chart. Bullish signals are all over the place with Posititive Divergence on the RSI as well as the MFI, Three White Soldiers, Gap down needing to be filled, Today's candle closing above the 7 day EMA, also closed above strong resistance, current resistance at $6.91 with low resistance next at $7.11, MacdLE +2, PPO had been...

grahammk Updated 

On this 5 Month Daily Chart of Incyte you can clearly see the Bearish Trend that included the last 6 weeks of each daily candle trending below the 7 Day EMA until just the last 2 trading days where the bottom was made and INCY finally broke above the 7 day EMA on very good strenth with much higher volume than anthing seen during this downtrend. The RSI for the...

grahammk

In this 4 Chart Split Layout of Tesla you can see the 2 hour, 4 hour, 1 day and 1 week Charts. They all have the same indicators to keep it simple using a MA CROSS, a Macd Strategy, as well as a 7 day EMA as a Trendline. I could extend the 7 day EMA to a 9 day as well but it wouldn't really affect the charts much except to move the trend line a bit further away...

grahammk

Todays 2 hour candles attempted a Break above the 7 day EMA that I'm using as my Trendline and I Indicated that it would need to stay at $258.00 or higher to maintain the Bullish Trend. Tesla however continued to breakdown with the last candle below the trendline forming yet a negative divergence between the highs of yesterday and today. Support targets are...

grahammk Updated 

One of the first things you learn with trading stocks is "The Trend Is Your Friend". This was the case with NVDA as it is now with Tesla. In this 2 hour chart you can clearly see that the last Bullish Moving Average Cross was Signalled on May 25th. There have been several Macd + and - signals along the way that you can see however I always like to see thge MA...

grahammk Updated 

This is only a 30 Minute Chart analysis and shows the primary price action as Tesla topped out on Friday and pulled back. The consolidation Price Point at approx. $244.00 in the latter part of the day was on considerably lower volume than throughout the rest of the day where overall we saw Huge Volume at 199 million shares traded. Additional news for Tesla...