Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it. On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure. Yellow...
#ETH Ethereum is forming higher lows and a higher high while bouncing off support ATM This bottoming structure has been formed similarly many times in this pair. All while sentiment is a like a funeral procession & ETH ETFs are loading in the background Probably Nothing...
Big line here. Nice base, macro winds favorable, juicy swap! You're welcome
NASDAQ:SONO has a lot of Island gaps and another just in the past few months. The compression of price into a sideways trend is a good pattern. Also, the black candle that drops below the consolidation and the white candle the next day is a pattern to pay attention to. This means there is some hidden accumulation from Dark Pools at this new higher level of...
There is an interesting phenomenon that occurs often: when a gap down of this size occurs, followed by a bottoming action and a large white candle forms, this often becomes an island gap. HFTs that gapped the stock down gap it up again. The fact that the gap down candle is a huge white candle for this chart indicates that the gap down is below fundamental values...
The stock seems to have bottomed out and ready to make new highs so our first target is the initial resistance of 690 and later on it can shoot to 750-800 range.
Momentum Indicator for USDEUR turns positive, indicating new upward trend USDEUR saw its Momentum Indicator move above the 0 level on February 04, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 125 similar instances where...
Stay tuned. It looks very bullish. Forming double bottom. So it can touch 500 levels.
In lux industries it seems some buying is taking place as per chart. the price going down but the indicator is not agreeing to the price. We may witness some pullback. I try to forecast the prices by looking at historical prices. And this is only a view. This is not a recommendation at all. I am not a qualified technical analyst. please take the advise of your...
This stock's pattern is an intermediate-term trend correction to bottom formation that is near completion. It may head sideways for a bit, but when it does breakout of this consolidation, there is potential for swing style runs to develop. A Dark Pool buy zone triggered at the bottom's lows. And there are Pro Trader footprints in each run out of a new low. ...
In this theory we take the 2013 cycle as a trend line and place the correction from ATH > ATLs. History claims that in every cycle we have completed this pattern. There are 3 set rules in order to confirm a bottom is being made. Note: These trendline are all identical and are not manipulated in anyway. Trendlines may vary on other BTC pair charts. 2013 Cycle -...
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Are we there yet? Are we THERE YET? Now? How about NOW ?? We can't help it - towards the end of a bearish cycle,...
NYSE:DIS has been working on a bottom for a long time. The stock has moved up recently due to heavy buying of Dow components for the DIA and other ETFs which require Dow components. Many Families are making Disney Resorts a holiday location this year. The stock now faces stronger bottom completion resistance from the 2nd quarterly report, which sent the stock...
NYKAA appears to be bottoming out. Opportunity to Swing Long. Target 1 @ 200
The NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104. But over the past few weeks, it dipped below that bottom completion level. This week it has started move up. This provides a level of fundamental support. If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals...
This is a Technical Analysis for DocuSign, Inc. (DOCU) on the 1 Week timeframe. Our current price action is being squeezed by a Symmetrical Triangle. We are currently testing SUPPORT on the Black trendline. The space inside the triangle is tight. This move is getting very very close to playing out and may be in the process now. If we break to the UPSIDE, our...
Resistance and target = 8100. Bullish divergence on Fisher, a nice "U" forming. on the KDJ and a "V" spike on the Stoch RSI. Bollinger squeezing hard on YFI as well. All signs for breakout. The risk/reward ratio is 3.58 : 1. -12% down to trendline of 5000 (risk). +43% to upside target of 8100 (reward).
Price has been consolidating nicely in the support zone from after the last run up. I am more bullish to a break of the upside as opposed to a breakdown of support. I would say 70 bullish / 30 bearish.