maybethatguy

maybethatguy

I just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation ) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation ) Backed up by $400 million from Toyota and $60 Million from Delta Airlines. I wanted to see others...

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Ticker: SOUN (SoundHound AI, Inc.) Current Price: $4.04 Analysis: Support Zone and Historical Context: SOUN is currently within a potential support zone, outlined by a purple rectangle from $3.75 to $4.35. This zone has been historically significant, previously acting as both support and resistance levels. Notably, a breakout from this zone led to a high of...

maybethatguy

Ticker: INTC (Intel Corporation) Current Price: $36.49 Support and Resistance Zones: INTC is currently showing signs of bouncing off a crucial support zone, delineated by a purple rectangle spanning from $35.50 to $37. This area has historically attracted buying interest and is pivotal for the stock's current movement. Looking ahead, we have identified a...

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Ticker: SOUN (SoundHound AI, Inc.) Current Price: $4.39 Technical Analysis: - RSI Observation: The RSI (grey line on custom indicator) is currently at 32.79 on the 4-hour chart, approaching oversold territory. This aligns with the increase in the 1-hour RSI from 25.50 to 34.44, suggesting a building momentum for a potential reversal. Support and Resistance...

maybethatguy

Ticker: AMD (Advanced Micro Devices) Current Price: $163.26 Technical Analysis: - RSI Observation: The RSI (grey line on custom indicator) is currently at 35.08, indicating oversold conditions. Notably, there is a bullish RSI divergence (yellow lines on chart) with the price, suggesting a potential reversal to the upside. Support and Resistance Zones: - Support...

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Ticker: TSM (Taiwan Semiconductor Manufacturing Company) Current Price: $142.57 Technical Analysis: Potential Short-Term Bearish Signal Price Action Observation: TSM is currently trading at $142.57, with a possible double top formation identified around $147.40 (purple dotted line). This formation often signifies a potential reversal in the ongoing...

maybethatguy

Hello traders, Today, we will conduct a technical analysis on Faraday Future Intelligent Electric Inc. (FFIE) based on the provided 4-hour chart. Let's explore the key indicators and patterns to identify potential trading opportunities. 1. Crossover Signals: The +DI (Positive Directional Indicator) has crossed above the -DI (Negative Directional Indicator),...

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MULN, a prominent stock in the market, has experienced a significant surge in its price today. Starting at 10 cents, the stock quickly climbed to 17 cents during regular trading hours and continued its upward momentum, reaching 19 cents after hours. This dramatic price movement has caught the attention of traders and investors. Let's explore the factors behind...

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Hello fellow traders, I would like to bring your attention to Nikola Corporation (NKLA) and the intriguing bullish potential it currently exhibits. In this post, I will outline a Fibonacci retracement analysis for NKLA, along with key take profit levels that could be considered for potential trade setups. Fibonacci Retracement Levels: - 0% - $0.54 - 0.382 -...

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Hello Traders! Today, let's dive into Workhorse Group Inc. (WKHS). With a recent spike in volume and several bullish indicators aligning, WKHS seems to be attracting attention. Let's take a closer look at the technical analysis and key signals driving this potential trade. 📈 Price Action and Volume: WKHS is currently trading at $1.05, displaying an intriguing...

maybethatguy

Introduction: Greetings traders! Today, I would like to share an analysis of Applied Digital (APLD), highlighting a potential breakout scenario. APLD is currently trading at $9.80, facing resistance on the daily chart between $10.50 and $11. Join me as we examine this horizontal channel and explore the possibility of a breakout, keeping in mind the need for a...

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Does this look healthy to anyone else? Just did a look through on their website. They are voting on a proposal to increase shares of their stock. Not sure if it is a split or what. They are calling it Proposal 2. Other than that, this looks like a bounce from bottom if I've ever seen one. Let me know your thoughts. www.nikolamotor.com

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In today's analysis, we will be focusing on the E-mini S&P 500 Futures (ES) and examining a recent spike that reached $4,300 on the 1-hour chart. As the market currently sits at $4,280, we'll explore the possibility of a pullback towards the Fibonacci retracement zone, specifically the 0.618 and 0.50 levels at $4,230 (Location A) and $4,210 (Location C)...

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Looking at the 4 hour chart of BTC, it's looking like we have a choppy head and shoulders that finished about a week ago and fell into some consolidation. Normally with a nice breakout, a pullback should be expected. I'm thinking it will land somewhere around the $25,000 range. This would be right with our last zone of resistance and also on the fibs 50% line....

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Since May 4th we have been trading in an upward channel on the S&P 500. Looking at a breakout in either direction; I think we are looking at a $4,300 long target, and a $4,070 short target depending on how you like to trade. There is a lot of bearish news going on at the moment, so I believe I am leaning to the short side.

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These are some possible key areas of interest with arrows showing for bullish and bearish scenarios. I refer to an exact dollar amount for key levels, but they should be treated as general areas of support and resistance. Bullish: If we continue upwards and break through some resistance at $27,275, I can see us possibly heading up to the next short-term area of...

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Greetings traders, I wanted to share a great example of an Elliott Wave pattern that appears to be playing out on the chart, suggesting a potential trading opportunity. Elliott Wave Analysis: The chart reveals a potential 1, 2, 3, 4, 5, A, B, C pattern, which follows the classic Elliott Wave structure. Here's a breakdown of the pattern's key levels: 1....

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Assuming we continue upwards through the $4,300 zone I have marked two different areas of resistance we could possibly encounter: 1. $4,420 - Price has bounced off of this level as resistance in the past. This zone has also had a lot of price action occur previously. 2. $4,550 - The top of the beginning of the last head and shoulders. This is where price was...