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...
WBA has broken a long term downtrend line, creating a potential inverse HS in the process. This company is due for a bounce at the very least. Best case for longs is a longer term bottom and reversal being put in that can take us to the 200DMA or above. See video for details
NYSE:NKE gapped again with a breakaway gap jumping over resistance. These rarely fill and if the gap fills, it will be minimal. Volume was above average. This kind of gap up sequence can happen easily when a classic Shift of Sentiment pattern forms in Accumulation/Distribution indicators as a stock bottoms. But price remains well below the previous gap down. It...
Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming. CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze...
Gold and even more so Silver were very overbought in the Daily & Weekly Timeframes, triggering their sell-offs within an hour of FOMC reducing interest rates. I was aware that Gold / Silver were very overbought in these higher-time-frames but I was not watching the indicators so I was also caught off-guard as the Gold-price slides very fast. The Gold-price...
The recent 'crushing of all hope' in the crypto markets has presented a very good buying opportunity. Is it the bottom? Who knows, but I'll take half priced assets all day long! Good luck!
Fill bid zone starts at $100 Then $94.24 If bottom isn't there on this dip, then, 91 Or else- I'm wrong.
I expect MCD to hit $269 by 7/19. $269.63 is the .382 retrace level off the 302 high and 249.38 low. Show's a double bottom with fib timing on the daily. I am in the 9/20 $260 calls for $7. other targets above: 275/291/316
#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 -...