stantheinvestingman

stantheinvestingman Updated 

Many of you are confused on the recent price action of the market. When in doubt, zoom out. Pay attention to the next fib level and pay attention to GOLD & OIL. Feds only cut rates during market turmoil not during bull runs. To keep it SHORT and sweet. It doesn't end well for risk assets. On the other hand, have you seen the prices of cocoa??? Insane!

stantheinvestingman

Okay I had to hop on this and chart for you guys because there is a lot, and I mean TON of charts right now that do not make any sense. SHORT TERM THESIS : Anyways, so far price seems to be stable floating above 30 min 200 EMA and take note. There is a fib level at 5.13 . As long as we don't fall past current support levels, this could really take off...

stantheinvestingman Updated 

Bearish Falling Wedge Risk to reward ratio is 17.71 12% percenter in play. Play as you see fit. Have your stop losses set accordingly.

stantheinvestingman Updated 

Bulls appear to be holding on and pushing through the TREND LINE OF PAIN. Price has been holding up steady to the famous 50 yard line. Some of you might be using shorter EMA's and that's okay. Long term outlook suggests we may come across the 200 EMA line sooner than later. This trend line has been intact for almost an entire year. An upward breakout is...

stantheinvestingman Updated 

Good support into the year. We could see heightened demand as crypto currencies continues its upward momentum. There has been no confirmed signal of downtrend. CCI : 120 since posting. Usually a sign of demand. RSI : Sitting at 49. Above 50 usually means there are more buyers than sellers. And as always, stay vigilant. Set your stop losses accordingly.

stantheinvestingman Updated 

From a technical analysis viewpoint there are a couple of things to note. 1: Elevated RSI 2: CCI showing signs of recovery and confidence. And lastly.... 3: Where are the sellers? There is a positive outlook on stellar short term and long term.

stantheinvestingman Updated 

Don't forget that another man's trash, is another man's treasure. Volume speaks volumes, pun intended. You know what to do...

stantheinvestingman Updated 

Anything near the $3000 mark is getting a beat down. We currently have a pennant pattern in the making. However recent price action suggests this stock has been manipulated go higher then selling off nearing that $3000 mark price. This suggests institutions are looking for liquidity to exit . Overbought on the weekly time-frame and daily. I expect a...

stantheinvestingman Updated 

Major buying under 92.66 . The day closed higher even after briefly touching a new low. Fed Chair Powell : Long-term goal is to move to a balance sheet that's mostly treasuries Source : www.youtube.com

stantheinvestingman Updated 

BABA had a nice clean break through a descending wedge. Support zone indicates where price momentarily reached and recovered. Yellow Weekly support line indicates a strong support on a weekly time frame. Small upside is possible.

stantheinvestingman Updated 

Broke out of a falling wedge pattern. Oversold on the 1hr. There's a great risk to reward ratio here. Set your stop losses accordingly. Uncertainty still looms...

stantheinvestingman Updated 

Should gap up tomorrow. There was good consolidation today. Could we see an 8% day? Maybe.... OR Maybe im retarded... ONE THING IS FOR SURE! Guess which one.

stantheinvestingman

Im bearish on GOOGL, 3 tops and 3 bottoms logged. .... Market direction is indecisive. Until Russia signs diplomacy things will get better. This war will cost us a recession if we don't stop it now... Rsi crossing downwards.. Market Cap increasing and trend line broken upwards. Not exactly sure what the cause might be for this.

stantheinvestingman

RSI IS COOLING OFF. ON BALANCE VOLUME STABILIZING. SOCIAL MEDIA WILL ONLY GET BETTER. SOCIAL INTERACTIONS ARE CHANGING. The metaverse will change the world. Ever tried an oculus? You should. Its one of the most immersive user interaction software ever invented. This is a small dip compared to the so many ahead. :)