I bought long SQQQ $10-$10.50 May 24th to 31st calls this morning, if we hit 5400 i'll add. The VIX is bouncing as suspected at $12 and the S&P500 wants to dip below and confirm a 5300 fake out which was my bias and the DOW (DJIA) wants to do the same at 40k bitcoin is faking out above 67500 into an expanded flat pointing to my 63,300-63,500 short term short trajectory
AVAX 1W MVRV and Price Analysis Hi folks, Let's take a look at some on-chain data. What is MVRV (Market Value to Realized Value)? MVRV is an on-chain indicator used to analyze the valuation of cryptocurrencies. It is a simple but powerful tool that shows investors how overvalued or undervalued a cryptocurrency is at the moment. Simply 👇🏻 MVRV is below...
On Holding ( NYSE:ONON ), the parent company of On Running, has reported earnings of 36 cents per share, more than doubling from the 17 cents reported last year. Revenue jumped nearly 20% to a record $561 million, although sales growth slowed for the fifth quarter in a row. FactSet analysts expected adjusted earnings to tick down 2 cents to 15 cents per share....
Reasons for bullish bias: - Price bounced from support - Bullish Harmonic XABCD pattern - Strong bullish candles at support - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 73.58 Stop Loss Level: 67.16 Take Profit Level 1: 80 Take Profit Level 2: 85.99 Take Profit Level 3: Open
This may be a esoteric thought and/ or conclusion There tends to be a divergence between the price of AGLD and Whale assets Now there is something of note in this that is super important. I am unsure on the quality of these on-chain metrics and for that matter the coin itself Now with that being said it does have high beta and massive surges in price,...
Green buy signal on the machine learning indie on 3 Day chart. Back test accuracy is 95%. This usually follows with a wick to the upside, to one of the orange trendlines. Setting multiple take profits. As always, this is for entertainment purposes only.
🔹Between support 32.86 and resistance 37.24 in Rectangle Formation. 🔹In case of a NEGATIVE reaction, it has support at approximately 33. 🔹Technically POSITIVE for the medium long term. Chart Pattern: ◦ DT: Double Top | BEARISH | 🔴 ◦ DB: Double Bottom | BULLISH | 🟢 ◦ HNS: Head & Shoulder | BEARISH | 🔴 ◦ REC: Rectangle | 🔵 ◦ iHNS: inverse head & Shoulder | BULLISH...
🔹Breakdown support of rising trend channel in the medium long term. 🔹Support at 13.81 and Resistance at 19.99 in Rectangle formation 🔹Slightly risen above the resistance level of 17. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle...
Analyzing the options chain and the chart patterns of ONON On Holding AG prior to the earnings report this week, I would consider purchasing the 35usd strike price Puts with an expiration date of 2023-8-18, for a premium of approximately $2.42. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
- ON is in a rising trend channel in the medium long term. - ON has broken a resistance level and given a positive signal for the long-term trading range. - In case of a negative reaction, the stock has support at approximately 76.00 . *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT...
- ON is in a rising trend channel in the medium long term. - The stock has broken up through resistance at 76.00. - In case of negative reactions, there will now be support at 76.00. - The stock is assessed as technically positive for the medium long term *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS:...
AUDUSD is possible to test 0.7050 and 0.7075 this week. Conditioned by risk-on sentiment with weaker USD, stronger Gold.
$ON Analysis, Key levels, and Targets ON is my Semi company…. I like this company. I can elaborate further in the next few days but I’m getting my list together…. This is on it, always. I like AMD as well but between the two I’d pick ON… And if y’all know how to read my charts you know where I’m looking…
NYSE:ONON If you want to enter this is probably one, just wait a bit, wait till the stock is reaching $16, back to the main support.
NASDAQ:ON was in a strong correlation with SP:SPX in the last years. To be accurate, the correlation was so strong between 2002 to 2021. However, since the beginning of this year, this correlation is not working anymore. In this bear market, the company has been providing price support and testing new high levels. From a fundamental point of view, US needs to...
BTC keeps returning to the pivot line at 19500 which also acts as a support. It is also barely holding the base of the triangle as support. Bollinger Band is squeezing for a big move soon. As for now, the Head & Shoulder pattern neckline is still not yet broken, suggesting much lower prices if the neckline breaks. We just have to wait which way it breaks. If...
SOXX, 2D: Taking a look at the SOXX 2D chart I have drawn out a linear regression channel beginning on November 12, 2021 which was about 7 weeks prior to the ATH print at 557.12 on January 3, 2022. The SOXX proceeded to decline approximately 41% from ATH (557.10) down to its recent low at 326.70 on July 1st, 2022 before rallying almost 30% off the floor to 424.78....
🚨ON BALANCE VOLUME INFOGRAPHIC Why do we like On Balance Volume (OBV)? It can often be a LEADING factor of price action (Volume precedes price). Notice OBV leading price here and even breaking out prior to the price break out, leading to a beautiful move to the upside.