Last Friday was counted as a follow through day, but that could be easily erased. More now with what happened this weekend in Israel.
The follow through day is a good leading signal and the 52wk Highs is a more complete one as is giving hints about the health of the whole market.
Still the 52wk Lows is still above, lets wait for confirmation.
NASDAQ:RIVN
Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone.
NYSE:BAC
Lowest daily in over 3 years and a massive open gap below. Huge weekly uptrend breakdown.
Expecting another -10% downside from current levels to fill the gap. There are very high chances that bank of america revisits COVID lows.
COIN recently made a new 52 week low!
A descending triangle pattern was identified on the daily chart. Price broke below the lower trendline of the pattern.
Also, a falling wedge pattern was identified on the one hour chart. COIN traded in a tight range Friday and closed in the supply zone .
MrALtrades00
Look's like BTC is forming a Bear Flag and a possible breakdown might target new lower prices.
Price Target #1: $14,500
Price Target #2: $13,500
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On the weekly we have a high of last week if we break out above that on the current weekly period looking to continue up w a target of breakout above $11333 as a point to pivot or break down if there is a stall at or above the level.
On the weekly we have seen a lot of stocks hit 52 week lows continuing there can be more of that if we do we expect a move down in...
Fundamentals aside, there was a time where JSE:NPK had promising technicals. Bought the stock and it failed to move up, after months of waiting I had to pull the cord. With the benefit of hindsight, that was a good thing to do. The stock is closing the week below R2/share and on the list of 52 week low stocks.
LTCUSDT's price has just hit the long-term support zone. Previously every time bulls come forward and take the charge. But this support is getting weaker after so many attempts. So we optimistically expect that there will be a bounce up to 130.0 followed by a 140.0 level as RSI is in the oversold region.
Since the turn of the year, everything has been dropping heavily in the wake of inflation, rates and worries of WWIII. RIOT reached levels it has not seen since late 2020.
Comparing to BTC price.
#BABA has been trading under Bear Pressure for so many months and weeks and this week it has made a new 52-Weeks Low which is a strong Sell as per Technical Analysis. As it is visible on charts, our Fast Moving Momentum indicating further weakness and a possibility of making another Low from here. As it is trading near its support level, this may get some buying...
Pure swing/intermediate play without taking much fundamentals into the consideration so set the tight stop loss accordingly. Just my two cents. Please do your own research.
SLNO - took a dive when the FDA demanded more testing of their latest drug. They are working on that and I suspect that we will see a retrace to 2.32 and possible sideways consolidation as the bulls sheepishly return to this little gem. I'm gonna run towards this as the bulls are running away. Be greedy when everyone else is afraid (Warren Buffet's play book) I'm...
Premarket Opened at $3.60 for an insane alltime Low! This is the vulture trade, buy what everyone thinks is dead and sell it once they want it at a higher price!
I highlight a falling bullish wedge triangle for a strong reversal towards $20.
CNN Money Predicts 20.00
This is a strong hold! Strong buying opportunity!
Big future awaits solar energy, so everyone understands this and therefore investors won't give up on this stock.
Long-term growth perspective is huge.
Thus, you can buy the stock now at it's lows and hold it untill the good times.Don't track it everyday, save your nerves. FSLR may at least double it's current price.
But you can take advantage of the future...
TTNP has been catching attention on volume scans this month. Ever since gapping down on October 16, the daily action is noticeably greater than before. But is this a good or bad sign for the penny stock? Currently trading around $0.20. OS is around 17 million so it's not the biggest out there but not the smallest either.
Titan Pharmaceuticals is a company that...
