benjihyam

benjihyam

COINBASE:MOBILEUSD got added to coinbase recently and it looks like it's formed a bottom and is about to make a large move higher. Price just went to form a higher low and it's done the same on MACD and RSI, think a big move is incoming over the next week or so. Upside targets on the chart. Let's see.

benjihyam Updated 

I've been watching this micro cap for months and it's been consolidating forever and looks ready to move. As soon as price can break above the trendline, iti should find a quick move higher. I've marked off resistances on the chart, but lean towards this getting to the top trendline at $.056. Let's see if/how it plays out over the coming weeks.

benjihyam Updated 

NASDAQ:NFLX looks like it's setting up for a final move into resistance. It just broke above resistance and reclaimed it as support. Now the final thing it needs to do is break up above the trendline. If it can do that, then I think we'll hit one of the final two resistance targets. Let's see how it plays out.

benjihyam Updated 

I'll be honest, this one I'm less confident about, but in terms of the analysis: Earnings sent the stock price lower back into support and the 200DMA. If price can stay above this region, then I think there's a possibility of a squeeze back higher into the $31 resistance. First price needs to reclaim the $17 resistance. Let's see if it can do that.

benjihyam

Not of fan of the CEO, the stock, or the company, but I like to take a trade when I see a good setup. This one is definitely on the riskier side as earnings made this one decline right back to support yesterday. On low timeframes though, price is at the ichimoku support, if price can bounce from this level here, I think there's potential that it could setup a...

benjihyam

While I would never even think of buying Beyond Meat as a product, it does look good as a trade. Earnings yesterday setup a technical rally and a lot of shorts are getting squeezed out of positions. Technically, you can see that price has broken out of a fallen wedge. The first target should be $22. Let's see if we can continue higher from there. I've bought ...

benjihyam Updated 

NASDAQ:MSFT had a strong bounce from $397 and looks set to continue a move higher. I think we could see a very strong move over the next few weeks which sends MSFT up and over the $450 range to new highs. If we get up there, I think this will end up being the final move for MSFT before heading much lower. Yes, I was too early on my original top call , however,...

benjihyam Updated 

TSX:FIL is now my largest allocation because I think it has the biggest amount of upside in the shortest amount of time. Not sure what the catalyst will be that sends it higher, but think there's a possibility that TSX:FIL can go 3-6X over the coming weeks. Breaking the $6 region will break a 1.5 year consolidation of a downtrend and I think the move out of...

benjihyam Updated 

As I've been writing on my analyses for crypto for the past year , I've thought that we were in a bear market bounce and that we'll still have a new low in crypto in 2024. Now that the bounce has largely played out, I think we're nearing a top for the year. I'm not bearish long term , I'm just anticipating that we only have a few more weeks of an uptrend before...

benjihyam Updated 

Someone recently asked for my thoughts on ETH. I think it has one leg higher, potentially 30%+ to $3k. Once it hits that region, I think it'll end up going much lower. Potentially back down below $1k. But really only focusing on the upside for the next few weeks. Let's see how it plays out.

benjihyam Updated 

I'll be the first one to admit that I didn't see NASDAQ:HUT going this low. I rode calls and spot from $12-17.80 but then reentered way too early between $13-$9. We did get the capitulation move to the downside today, I'm still holding my position as I still think the move will pan out that I'm expecting. I just got the timing and the reentry targets wrong in...

benjihyam Updated 

We made good money shorting NASDAQ:TLT into the summer down to the initial target I had of $88. Then we flipped long again and I exited my longs earlier this month on Dec 7th. Now, as you can see from the first chart , we've come up against resistance and I think it's time to flip short again to retest the lows. How low we go is TBD, but I think this move...

benjihyam Updated 

IMO CRYPTOCAP:BTC is forming a topping pattern which I've been writing about for months. I initially charted BTC in February with a target of $44k which ended up playing out earlier last month. Then last week I thought there could be another move higher to 48K, which also played out. Now I think there will be one last move higher which will form the top....

benjihyam

I don't think anyone is expecting this, but I think we're setup for yields to hit new highs this year. The chart indicates yields are breaking out to the upside again, and this move could be a strong one. I think we're setting up to see a new high in yields by November topping somewhere between 5.35%-6.40%. Let's see if it plays out.

benjihyam Updated 

ETC is breaking out of a long-term downtrend (evidenced by the downtrend line being broken and retested on the chart). Also seeing MACD crossing bullish on 10HR timeframe and above 0 boundry, rising OBV above previous highs. All this is indicating to me that we're close to a large move for ETC. I think if ETC does break out here, it should hit the $59-69 region...

benjihyam Updated 

It's very tough to forecast price + time and get the exact timing and price targets correct. However, I'm going to attempt to do so. Over the next year, I expect NASDAQ:QQQ to fall somewhere between 35-50%. If the move that I'm expecting plays out, we'll be right around a 50% drawdown from the current levels. The chart attempts to forecast time and price...

benjihyam Updated 

BTC looks like it's set to fall further here. I could see price moving down to the FWB:39K support and bouncing there, then bouncing back towards the top of the range at $44k. There is a possibility that it could form one more high at the top resistance $48k. However, if that happens, you'll want to sell that area as I think that should be the top. If price...

benjihyam Updated 

NASDAQ:OP is now resting right above support/previous resistance. Looks like it's going to target the top of the structure around $4.50 for about 150% increase from here. Let's see.