The scenario for EURJPY on H1 timeframe could be as following: 1- Retracing from a support after a morning star pattern (bullish pattern) and CCI / %R being oversold suggesting a return to the normal zone, with a buy order being put after the new candle making a wick down and breaking the high of the current one. Targets are set according to Fibonacci lvevls; 2-...
BlueWave gave a green dot buy signal. Broke out a falling wedge.
Afternoon Everyone! It is just and update on my last two posts on NASDAQ:LCID . I have intentionally excluded Moving Averages on the chart this time as we all have an idea what and where they are. Currently NASDAQ:LCID is trading below the 50 SMA. Which is a bearish spot in short term. Having said that, I think the stock has an upward potential. It might...
Hello Community! When looking at the Daily TF, LCID is currently trading in a horizontal channel and has been for a while now. This is expected based on the merge that recently happened and now with CCIV changing to LCID, I can expect this consolidation to end very soon. There is a bearish divergence on the MACD to keep an eye on. We need to see how the price...
Congratulations to all who have been trading NASDAQ:LCID on the first day! This write up is a mid-day follow up on the idea that I posted yesterday on CCIV or LCID. So far NASDAQ:LCID has successfully broken the Anchored VWAP around $25.15 price level. In the morning session it broke above AVWAP's at $27.32 and $28.80 levels but could not stay above them. It...
With the news today and most small market cap stocks being down, CCIV had a GREAT day for once haha. clear breakout from the downtrend and ticker change on Monday should cause more buying pressure again now that the "sell the news" theory is not in play anymore. My only fear is the SPY taking a poop on us sometime this week, dragging that $30 target further and...
Friday I was closely watching CCIV hopefully break the down trend line from July 1. Finally it cleared it with alot of bouncing near the low 22s and with volume to follow through. The time to jump in was Friday morning when it sold hard. This week I see it going up around 27 but will hit a hard resistance before finally breaking down. I see this going down to...
The merger between NYSE:CCIV and LCID has been approved today and the stock will trade under LCID from Monday. A classic Bullish Hammer candle has formed taking support on the 50 day SMA and the AVWAP (Anchored VWAP) line anchored at the base since the merger was announced. Still the ticker is trading below AVWAP lines from the recent high, all time high...
🟢 $CCIV Target 36.18 for 43.51 (Risk Level - Med/High) Or double position at - 14.24 Also next add order at 17.27 Added here today below my next add level so that’s happy… @ 21.24 New Target set… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers...
All, I think previouis post I had my lines slightly off which of course makes a difference I think we are on confluence support and beyond oversold/downtrend has to at least pop somewhat in my opiniong even if its $4-5. Looking for a bounce soon between weekly/daily change then getting 5-10 OTM options for calls or could do it now with maybe Aug/Sept.
CCIV chart is showing a zig zag ladder pattern. my price target on conservative site till 22nd July 2021 is 37.56 dollars. this is just the opinion on the basis of charts . market factors doesn't include on this. so please do your own due diligence and invest accordingly. my charts are just education purpose. I like to educate the investors. so they can be more...
not a financial advisor
Entered calls (shown by ellipse) this morning after seeing the break from the downward trendline and a retest on the MA. Using a lower timeframe to see the momentum. Expecting more from this trade. Trade smart and have fun! SLAM the like button and the ask! Cheers!
Indicators making higher highs, volume increasing, ticker change soon. Infrastructure plan in talks = positive for EV stocks. Keep holding this, you will not regret. ;)
In my humble opinion this is a great setup to short. Broke down out of a wedge and retest of MA along with a gap to be filled potentially. Trade smart have fun! SLAM THE LIKE BUTTON 👌