General Motors after getting the TSLA Charging Plug collaboration news was able to generate enough energy to come back up to test the Bearish Channel and 55 Week EMA and from there it got a moderate rejection from it. This could be just the start of a greater move down to the zone between the 0.786 and 0.886 Fibonacci Retraces.
I could aslo see a scenario as to where GM and Ford Motors comes down as the Charging Station Stocks such as ChargePoint and maybe Blink rebound back up, as the moves between these after the news report were opposite of each other and they have two opposing setups.
no idea what i did here but looks cool still learning LoL
RizeSenpai
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@TORNADOF5, This is what i had plotted on the 4 hour: A Broadening Top pattern with a Partial Decline that aligned with a small Bullish Bat
TORNADOF5
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@RizeSenpai, LoL no crash any soon ?? hard to trust this pump omg to crazy , 4266 could be nice long entry if we test it and not crash under it thanks
RizeSenpai
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@TORNADOF5, yep i think it goes to all time highs i can link you to some of my ofirst ideas relating to the spy starting in Q4 2022 if you'd like the fact that it's actually broken that blue line is very good too that's an impritant lvl, it basically has clearance to new ATHs now.
TORNADOF5
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no need , fills bad to be late :{ , so many good tech stocks are to high ,pltr from 9 to 14 crazy LoL maybe that one not late indeed but thanks
RizeSenpai
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@TORNADOF5, Do with this info what you will, but I turned Short/Mid Term Bearish on the SPX today, certain targets were hit and when they were hit we got some signs of weakness:
TORNADOF5
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@RizeSenpai, dam god , this is scarry LoL thank you , got some stocks long still .... i hope to sell them before the crash ,will see ,could more nice if technology sector crash :{ to buy cheaper
RizeSenpai
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@TORNADOF5, I think we might make a 50-61.8 percent retrace but I'm not a full bear yet. Also I'm still Bullish GME and High Cashflow Natural Gas Stocks during this time.
parasm05
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Can’t short at this levels, it’s still in positive territory
still learning LoL