Party City is in no way sheltered from the current state of things. Most stores are probably shut down, but with all the increased buying I believe we have hit a bottom and can break up to an upper channel off its most recent move. I do not have any shares of PRTY but will be looking on monday to buy in the area of 0.58-0.61 if I get the chance. First price target...
VIX - Bottoming out , be prepared for high volatility.
Bitcoin historically loves prominent double bottom patterns on the Daily/Weekly timeframes before going on to rally. Considering the current market outlook with CORVID 19 being a catalyst for an economic downturn across the board, I would not expect Bitcoin to simply move back into a bullish rally before establishing a low with an accumulation phase. This chart...
Possible Bullish Reversal pattern. Potential for high % profits for Canopy Growth. (Canadian Cannabis Stock)
I'm not saying you bought the top, but i'm sure we haven't bottomed. Don't get caught buying War FOMO my friends. I could be wrong, but doubting yourself will only get you Rekt in the long run. As Always DYOR and safe trading.
CSX is in a bottoming formation with higher lows but consistent highs within the bottoming action. The candlesticks are now in a common compression mode with moderate volume supporting upside action.
MRO is forming an intermediate-term bottom formation that is slowly improving.
Impending cross on MACD weekly, I believe the bottom is in. We are now in the accumulation phase in marijuana stocks. All the big name players are heavily discounted, mostly due to overproduction in the last quarter. This is one of the best Marijuana ETFs out there, much more stable than the concentrated growers ETFs.
ATVI has been in a long-term rounding bottom formation. The first attempt to complete the bottom failed, but another attempt is underway. Normally, it takes 3–5 attempts to complete a bottom of this duration.
MMM continues to show weakness in the attempt to bottom. Currently, the trend is at risk of continuing to move downward. The stock has failed to break through weak resistance in recent runs upward.
Comparison of a same bubble structure between the Silver bubble and the total market cap of crypto (exl. Btc) If alts don't produce a higher high around here, then new lows are to be expected, with a slow and long decling of several years. Of course maybe a few alt coins will probably survive this pattern and will show a more bullish pattern than shitcoins and...
NVT has exited the OverBought condition after 3 months. And this event offers multiple layers for interpretation: The local top at $13k-$14k got confirmed by the NVT. Looking back in history, we see that after this event happened a severe correction was due along the next weeks/months, pushing price down between 50%-70% which would bring us into the $4k-7$k...
NVDA has filled the gap down from the negative earnings reaction in November 2018. The stock is likely to consolidate or shift sideways at this resistance level if it is to build energy to move higher. There is some Dark Pool accumulation in the bottoming pattern. HFTs have gapped this stock on earnings news in the past. Earnings will be reported May 9th. A month...
Bitcoin is starting to form a similar structure as the bottoming structure of 2015. No double bottom, no spring, no true recognizable bottoming pattern yet, but the market is possibly stabilizing Bitcoin in this area after a V reversal. The 1week log chart shows some possible similar ranging between the 2 main Smmas: This is very encouraging for now, unless of...
a lot of acculumulation over the past two months we could still retest these levels but breakout is also likely and reward is good so I wouldn't hold back too much here could see a few days of upside on these two if they run
also dont like entering unless scaling into position until the candle is actually closed 1 hr time frame daily could consolidate further
The NVT indicator is anticipating a down move in BTC. We can observe that the recent drop to 3400 has triggered the break of the NVT Trendline that we were monitoring for the last days. That signal is anticipating a near retest of BTC bottoms around 3100 area. If the test of the lows would fail, then we'd focus on the harmonic targets that sit below 3k area....