Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Pays out dividends
* Forming a cup and handle over the past ~14 months
* Bouncing off of its 50 day line with very bullish price action and volume
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 2.7
Relative Strength vs. SP500: 1.65
U/D Ratio:...
Notes:
* Very strong up trend in all time frames
* Great earnings
* Building a base on base pattern
* Coming up off of its 50 day line with volume
Technicals:
Sector: Consumer Defensive - Discount Stores
Relative Strength vs. Sector: 2.53
Relative Strength vs. SP500: 1.45
U/D Ratio: 1.12
Base Depth: 36.34%
Distance from breakout buy point: -5.45%
Volume...
hey guys
after a long time
@IVC stock has shown signs of recovery
this stock is in a long downtrend
and is bearing resistance from 20 day ema and 50 day ema
as you can see in the above post
this stock was following a pattern
and after a short period of time
it has taken support on the above resistance
ice has also taken support on the 50 day ema
and due...
That's what I have been doing for the last few weeks. I sold almost all my positions and I'm mostly in cash now. I can see the Nasdaq TVC:IXIC is forming a second base in the bull market that began in April of 2020. History can tell that this is just another rest before the next bull run in the long term trend. This base is very similar at the last one formed...
The loonie is inside a bearish strong trend, we can clearly see it in bigger timeframes such as weekly and daily, now let s analyze the h4 chart:
the price is capped by the 200 sma and is in the Supply zone (the orange rectangle), this zone is really strong because we see that it worked perfectly several times, in addition the stochastic has created the so-called...
Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI.
Lots called out in the graph above so some additional thoughts below to supplement the graph:
There have been other...
This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future.
This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives...
Here I provide a short-time price prediction based on the forming pennant. We still have momentum to the upside, but I predict that will come after a quick dip down between the 50 day and 100 day EMA.
This fractal extrapolation comes from the September to November 2019 consildation, fake-out, pump and subsequent dump, not so long ago. The fakeout nature of the low is reminiscent of the October 25th pump to $8,800 from the fake-out to the low $7,300 area. Not only do we see the mid-term $7,800 support turn into resistance, but also how the 100 & 200 Day MAs...
