Earnings on the horizon, there's a lack of confidence here..
Don't forget the meteoric rise during Q4 of 2020 (165% Gain Alone).
We can see we are still in an uptrend.
We can see rejection off 20 Day EMA.
We can see neutral RSI, and potentially bullish Stochastic RSI.
Bitcoin is also doing well this week, and will have a strong April, as we are entering a new quarter and the end of quarter rebalancing for funds will ease.
The only risk on the charts is a potential Inverted Adam & Eve formation (double top), although, I'm not certain it's valid given the 22% difference from the initial peak.
@Eggo4u, just need to get above the 20 day ema, which, I'm assuming will happen tomorrow as long as BTC doesn't tank overnight.. they had very positive earnings
Eggo4u
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@Andy_D, April is coming.April is gen good earnings month ans stocks go up..I think we are fine now..I would buy MORE RIOT burt im still tied up in slow as hell to move up PLTR. I own MARA too and that is now 48.00... FInally seem to be turning in right direction..but what happened to AMC..everyone predicted it was on its way up.back down to 10.11 now..ughh
Eggo4u
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right down to 39 by tomorrow ft buy at 39
Andy_D
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@Eggo4u, assuming earnings are worse than expectations.