NoFOMO_

NoFOMO_

Salesforce bulls have stepped in here. Fibonacci Confluence at the 0.382 and the 0.5 Fibonacci Speedfan. Bounce off a monthly horizontal support level. Bull stepped in and we were able to get a bullish hammer candle. Bulls back to take control from here? I suspect sideways consolidation before a move back up towards the path of $400+

NoFOMO_ Updated 

After the initial IPO the likes of Cramer and ARK invest were raving about the future of Unity Software. Whales sent this up during the bull market mania, only to distribute it- leaving bag holders down approximately 90% from the all time high, with almost three years of selling pressure. Brutal The shakeout is almost complete, we could have one final shakeout...

NoFOMO_

Fortinet is very close to breaking the neckline of a head and shoulders pattern on the weekly chart. If it breaks below the 0.382 Fibonacci level, it will break down quite heavily. Cybersecurity is a crowded trade and with upcoming earnings of Crowdstrike and Zscaler, if the earnings and outlook comes in below expectation, I would imagine Fortinet will see a larger drop.

NoFOMO_

Something is brewing in the charts. The trend remains down pre earnings but Fibonacci time suggests we could get a volatile move. Perhaps a short squeeze in the offing. Fib time will tell…

NoFOMO_

After the initial IPO the likes of Cramer and ARK invest were raving about the future of Unity Software. Whales sent this up during the bull market mania, only to distribute it- leaving bag holders down approximately 90% from the all time high, with almost three years of selling pressure. Brutal The shakeout is almost complete, we could have one final shakeout to...

NoFOMO_ Updated 

Giant Head and Shoulders pattern, if this breaks below support post earnings, one can expect the pattern to confirm and a larger correction to occur.

NoFOMO_

AMD has been trading in this descending wedge pattern. On the bigger time frames it remains in a bullish uptrend. Held up by Fibonacci Speed Fan 0.618 amongst a confluence of horizontal levels. I expect a reversal to the upside is imminent if it can breakout out of the wedge.