Aurora Cannabis on a 15 minute chart is sitting on the dynamic support of the second lower VWAP band in deep undervalued territory also below the high volume area of the immediate volume profile anchored back to April 11th. The Trend indicator shows bearish momentum has bottomed. The dual time fram RSI indicator shows RS values in the low 40s. ACB did have...
VTYX- Ventyx Biosciences, Inc. (“Ventyx”), a clinical-stage biopharmaceutical company focused on advancing novel oral therapies that address a range of inflammatory diseases with significant unmet medical need, announced today that it has entered into a stock purchase agreement for the sale of 11,174,000 shares of its common stock at an offering price of...
ETH is most likely correcting 5 years up going wave ! is the correction over? Most probably NOT. ETH at ATH more than likely completed an impulsive section of a wave cycle and currently is in the corrective section. Normally in simple form, corrections have 3 legs with two legs down and one leg up in between. As shown on the chart , it is very possible for...
Amidst today's Crypto dip, I'm diversifying my portfolio with a strategic move into Optimism (OP). Here's the lowdown: 📈 Volume Surge: Optimism's recent token incentives led to a jaw-dropping 23-fold surge in trading volume. That's not just noise; it's a liquidity bonanza. 🌿 Sustainable Growth: Optimism isn't just another flash in the pan. They're in it for the...
Refer to my prev AMD post back in Jan for credibility - I predicted run to 158-165 when it was in the 130s (result: ran to 180s). Now we have a buy the dip opportunity after earnings sell off. There is still too much demand for this to tank yet, it wants one more high (at least). Path to targets is the solid black line. Bullish channel its respecting is the...
Traders, In this week's roundup, I'll cover Bitcoin, where I see it finding support and what my current perspective of future Bitcoin price action looks like. Plus, I'll take a look at a few of my recent altcoin trade entries. What was I thinking? Did I make a mistake? Let's look at the charts and discuss. Timestamps: 00:00 Intro 02:00 Bitcoin TA 11:37 Altcoin Trades
The stock market is a dynamic and ever-changing environment. There are ups and downs, and it can be difficult to know when to buy or sell. However, there is one strategy that has consistently been successful over time: buying the dip. Buying the dip is a simple strategy that involves buying AMEX:SPY or NASDAQ:QQQ that have recently fallen in price. The idea...
Not trying to introduce more FUD. I just want you all to be aware of what continues to occur in the altcoins space. As you have seen my recent video, major levels are breaking everywhere. This continues to be the case and, in fact, even the strongest of the altcoins are starting to struggle. TOTAL2 is showing a break from our ascending channel as we look to retest...
Traders, As predicted a few weeks ago, altcoins have finally met their downside target of 10-15% (see links to related ideas). But this move down will not confirm further downside unless/until we have confirmation to the underside of our current channel. We have to watch that bottom support closely along with the support on our RSI chart. Should one of them break...
Here is the current forecast assuming Minor wave 4 completed at today’s high. The original bottom of Intermediate wave 5 based on all data acquired at the end of Intermediate wave 4 is on the right. The short, long blue box was the original forecasted low based on my derivative modeling. The current forecasted levels based on possible Minor wave 5 data points are...
Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move. There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since...
This is a classic bear flag and trendline rejection on the daily. There is no floor for AMZN buyers to keep the price up here. Next floor and support is the white TL. We also saw NASDAQ:AMZN breakout under a long term trend here. 120 is just a mini target. They'll tell you markets are turning bullish but give it 1-2 weeks until they start pumping out, "Gov...
Will be looking @ NASDAQ:AAPL for a medium-risk swing here. Currently sitting on demand zone. Looking for an easy bounce back to 174 then will re-evaluate. Either way, if it bounces back to 174, it would be testing "breakout" of that trendline. Normally, though, that trend line rejected from today is an indication that the trend line is valid and price should...
I normally don't swing anything in a choppy market, especially with a giant head and shoulders signal on the daily NASDAQ:QQQ AMEX:SPY charts: However, the NASDAQ:TSLA chart shows two potential trendline supports forming. Both are valid trends. The blue one is a bit more recent, so the price will react here, possibly to 260/ 278. In the event that ...
Just a recap of this trade so far: Posted this @ 108 calling for a bearish rejection. After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most. When we hit the bottom TL, I called for a buy signal @ 95. Will tag all these for proof. Now we are at the top TL, which is the ultimate PT from 95. We hit this in...
This move is highly unsustainable for NASDAQ:QQQ - I called a bull run this morning @ 10 AM. We are up +2% almost on AMEX:SPY SP:SPX AMEX:DIA - watching for pull back now on buyer weakness and reality setting in. But why TSLA? Why not NASDAQ:NVDA or NASDAQ:AMD ? TSLA had "bad news" today With a market pull back, TSLA will get smacked the...
Don't chase. A pull back can be violent. Better off getting puts for a daytrade than chasing calls here. Good luck. Trade carefully.