Larger symmetrical triangle forming, OXT is still a great buy at .48 and should have a nice bounce up to .69 in the next 7 days. Larger bounce should take us to $1 - $1.25 range by mid-April.
'The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.'
PEP has been trending down since the beginning of this year, and is currently skirting along the bottom of the channel after an earnings miss earlier this month. The current RSI value at around 25 on the hourly timeframe places PEP firmly within oversold territory. Given PEP is currently oversold and resting on a historical support line, a move back up to the 135...
Apple NASDAQ:AAPL has continued its sell-off since a new ATH at $145 lvl with almost -6% over the last three days. Even with SPY hitting ATH’s Apple was still selling. I like the 128-132 area in Apple for a bounce/consolidation zone. I entered apple yesterday with shares and 3/19 132.5 calls. Apple also has a rising wedge pattern on the Daily chart which will...
WTC is currently in a very strong downtrend. At some point in the near future it is going to bounce like crazy. The problem is that it is currently trading at an all time low, making it impossible to predict where the bottom of this current violent dump will be. 700 - 800 sats is where I've put the buying range on this chart, however that is just an educated...
- Wave 5 of 5
- "W3 projection" for wave 5 target has confluence with Wave 5 50%-61.8% fib levels (blue)
- RSI at uptrend line
- Stoch RSI is double bottoming, like March-April 2020, right before Wave 3 began
- Momentum is trending upward since Wave 4 bottom on Sept 22-24
- Ichimoku cloud is still showing green and expanding
- Price is at the...
This is keeping to the trend line nicely and looks to be bouncing off the of it. The momentum is making a nice gradual bounce as well and the RSI should head back above 70. All signs point to continuing this beautiful move to above $3.00.
SNGLS has seen an absolutely ridiculous drop in price in the past 6 months, dropping from 223 sats all the way to 13 sats (-94.2%). It currently has a tiny marketcap of around $2.4m. It is currently in a descending channel, approaching rockbottom. Once it bounces, it is going to be ridiculous in terms of percentages. A bounce to at least the previous support level...
This is the chart to watch.
If this is the completion of the primary cycle that started in summer of 2019 then we can expect to see a bounce in the near term. This would correspond with a new mini bull run in the overall market that will last till april or may. followed by a larger correction/crash where tesla comes back to 380-480. This will be my buy zone for...
Another one we were in last week and sold once it breakout of the range it was in. As you guys know I like the bounces off the 20man after pullbacks, but this one, just like BLNK bounced right off the 50MA today. Worth keeping an eye on as the market rotates back to momentum stocks.
- Adding to watchlist for Tuesday morning.
- Just past earnings, which seemed good, but investors reacted to a change coming to CEO.
- Seems like it wants to test that volume shelf on the Daily as well.
- Oversold on RSI.
I red opening down to the volume shelf on Tuesday, and then a bounce to green would be a nice entry. Bet it recovers that large red candle...
DOGE is close to important support $0.05-0.055.
I set a LONG from here. Stop loss set at $0.044.
Fundaments behind are mixed/positive as it's an most famous MEME coin, but DOGE has very strong support from Elon, Snoop and has a solid fanbase.
TA: Falling wedge - bullish. Potential...
It's making a move back to its previous trading zone. The RSI crossed over its previous support and looks to be in a new range. It broke its bearish trend and looks to have bounce off a support. Taking this one to $3.00 hopefully.
XRP is now moving on the upper bound of its previous range.
I think that rumors about an arrangement between SEC et Ripple are dumping the market.
XRP should now consolidated by bouncing on the bound before trying to breakout the $0.55