trashpanda19

trashpanda19

Support must hold at $43-44 level. If not it can easy retest the neckline around $38-39

trashpanda19

Look for price to eventually reach upper bound resistance $160-165. That would be my exit point.

trashpanda19

Notice the divergence between RSI and price action. I like everything about this stock and its fundamentals but I will wait for it to cool down for a bit.

trashpanda19

Risky stock. 1st buy zone set at $9.29 / or 0.786 correction from March 2021 highs. Look for more downside if that level does not hold RSI could have one more dip to go in oversold territory under 30 Do your own DD, not financial advice

trashpanda19

Look for a drop at 0.786 fib retracement line. Price action almost there

trashpanda19

200EMA / or 0.236 Fib retracement line, followed by all time high

trashpanda19

Not financial advice but if the price touches 200 EMA ($195) that would be a rare entry opportunity for this stock. It only has happened three times last decade and it proved to be great entry point. Also same level coincides with 0.382 fib from November highs

trashpanda19

Looking for an entrance around $13 -14 range. Not financial advice

trashpanda19

Looking for an entrance at $105. Not financial advice

trashpanda19

-Possible last wave 5 correction might bring the price to $105-102 -Same price target coincides with 0.786 FIb retracement line -Price was rejected at 0.618 Fib retracement line of $165 -If price breaks upward and closes above 0.618 than this scenario is invalidated. -This is not financial advise just confirmation bias based on the indicators included in this analysis

trashpanda19

Primed to run. A huge bounce of EMA 200 which currently is at $7.28 and should serve as big support. The chart speaks for itself. I am no financial advisor and this is not financial advice.

trashpanda19 Updated 

- Block all the noise and look at this technical analysis. 1- When the uptrend started since AMC bottomed at $5.50 the 100 EMA line has never been broken. FACT 2- The 20 EMA line has been holding and dictating the price overall. FACT 3- The 200 EMA line has not been touched at all since the uptrend. FACT 4- The 200 EMA line held very strongly against the...

trashpanda19 Updated 

1- Today Cardano (ADA) started trading on Coinbase. The current value of it is $1.35/ coin. At one point this coin was as low as 2 cents. And there are 31.9 Billion coins (supply). Yes you read it right it is with a B. In comparison Orchid has 368 Million in circulation and it is trading at 70 cents. Now you tell me in which one you would feel more confident...

trashpanda19

It has taken more than 1 year to form that W pattern that you see. Once this thing breaks out, it will skyrocket for a long time. I smh at people with price targets of 1.5/2/3. This is crypto people. However this one has taken its sweet time to really form support/accumulation. On the flip side what is really the risk? going to 11 cents? I will take that risk...

trashpanda19

A few things. If we retest the $20 price range, one of the possible patterns that can be formed is cup and handle. This is most likely accumulation and it is very healthy for the stock. You don't want the stock to go up 200% and next day dips 150%. I would take 5-20% per day every day with small corrections along the way. That is how supports are formed. With...

trashpanda19

Hello everyone, Whichever direction this triangle breaks, it will be a violent move. Either back to $5.50 or it will reach $15 with no issues. I am leaning more towards being bullish here, but lets wait and see...

trashpanda19 Updated 

It seems like the buy zone is at $2-1.80 maybe in the form of a bull wick. Am I missing anything?

trashpanda19

Litecoin is retesting the upper wedge resistance line. If somehow it convincingly breaks the upper bound blue confined triangle, I will reconsider my position on Litecoin. But that's unlikely, for the near future, I can see the price dropping down to $38. Not to be taken for financial advice