I'm updating my target to the upside bc I think we run higher than the $.00546 resistance. Think we end up towards the $.008 range. One of the top two resistances. As you can see we've been consolidating in a bull flag since early December, we've recently broken out and price has been hovering above it. Looking for a final move that takes us around 100% higher.
Everyone has been bullish gold here, but the idea never made sense to me. We're still in the beginning of a market downturn, and if S&P and QQQ go down, gold is going to go down too. Now the chart is also confirming my thoughts. We just went up and retested previous support as resistance and now we look to be forming a lower high on lower timeframes. This looks...
I've been watching $SEAM since it was released back in December. It looks to finally have formed a base and is looking like it's going to make a move soon. Once it breaks out of its bottom pattern, should move quickly higher. Let's see what happens from here. I'm in from this region.
$ANKR recently broke out of a small timeframe bull pennant and retested previous resistance as support and is now hovering above the support level. It's giving me the same look as the move that just happened in $AMP. I'd expect a move higher in the next week or so with resistance at the $.052 level.
I've been watching this chart for a while and price finally broke out of a big flag and is currently sitting on top of it. Should it be able to hold support here, I think this could see a big move higher with levels from $9-20. I've marked off the resistances to the upside, let's see if they can get hit.
IDX:STRK looks like it has the potential to make a strong move here. It has a very similar look to SPARKS:AERO before it went up ~7x. While I don't think it'll be as strong of a move, I do think there's good potential for upside. Let's see what happens. Price needs to confirm resistance as support before it has the chance to move. I've entered from $2.27.
Everyone is bearish TSLA and has been for weeks, which makes me like this idea as a long. Once TSLA breaks $204, we should see a strong move higher. I've marked off key resistance levels to the upside that I think TSLA could make a move to. Let's see what happens over the next couple of weeks.
I think we're in meme stock phase of the cycle where things start pumping that make absolutely no sense at all -- Sofi is one of those stocks. Again, wouldn't hold this thing, but it looks great for a trade. Above the trendline and we should see a decent move to the $15 level and potentially to the $18 level if the first resistance breaks. Let's see what happens.
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.
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.
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.
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.
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 ...
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,...
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...
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...
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.
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...