Get started

Chartpatternstrading

My Favorite After Hours Dip: Immenent Retrace???My entry for wedge #2 was $1.76. PT target is $3.08. Right now, I expect a positive retracement given the massive selloff was towards the bottom floor and the pattern last earnings call. Once support levels pick up, this will retest and retrace closer towards today's opening. If I'm right, very large profit turnovers for those who get the dip. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Keep a close watch.
NASDAQ:MVISLong
by gamer456148
1
Next Wedge for $MARK? Waiting for some action!Right now Remark with the bearish correlations and resistance have been beat up alot. I think they were oversold. If earnings show some good news, especially given current support levels, we are talking about the next positive wedge for them. That being said, it is mostly speculative, but many of the patterns are showing support for this trendline. Please do your own due diligence and proceed with caution. As always, everything I say is on an opinion based basis.
MLong
by gamer456148
6
Look at the BB and Timing, Way OverboughtChainLink is something I'm still bearish on at this point. I think it has been overbought the past few weeks, as with correlations from mid February to the March and April price points. I think the resistance will outweigh many of the support levels and that will trigger negative price correlations. The technological proposition of ChainLink also isn't unique enough and as one can see, the volume is high given the circulating supply is high. Overall I'm still bearish. That being said, please do your own due diligence. Invest at your own risk and proceed with caution.
BITTREX:LINKUSDShort
by gamer456148
Look how Bad the Chart is: NKLA ShortRight now, the trendline literally looks like a downward wedge for NKLA. The bearishness is really bad, and I don't think management has enough upside to currently pose positive growth for this quarter. While, I root for the overall technology, not sure if NKLA can be the company to deliver. They also don't seem to have their own production in place. That being said, everything I say is on an opinion based basis. Right now, I think an entry here would be high risk. That being said, please proceed with caution. Do your own due diligence.
NASDAQ:NKLAShort
by gamer456148
8
Look at the Pivot Points for $BBI, Neutral Line Needs to BreakRight now for BBI, I see some legitimate potential. The pivot points recently seen some neutral trends going with resistance and bullishness. As soon as higher support levels are being done for this current dip, the price can really start going up. I see an imminent bull run for this stock's future. This is low risk at the current price in my opinion. That being said, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.
BLong
by gamer456148
1
GENE: Last Breakout was Crazy, High Volume Pop?GENE is one of those stocks that had support pickup for volume which lead to a really big breakout. The selloff was as bad, given many people getting excited can leave just as quick. I'm not sure I would consider it far enough evidence yet for market manipulation. That being said, even with lots of the resistance it has been receiving, I think it has potential for a positive retest. I would rate this as mid risk, but think that bullish correlations can push this past the $7 price point quite soon. That being said, please do your own due diligence. Invest at your own risk. Everything I say is on an opinion based basis.
GLong
by gamer456148
1
$DPW: Next Positive Wedge Target!Looking at DPW, I think it is close to getting ready for the next positive wedge target. I been closely monitoring the swings the past few days and the $2.74 price point as well. I think once resistance is popped, it goes on to the next pivot point and picks up resistance outweighing many of the short sellers. This may be one of those stocks to lookout for. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
DLong
by gamer456148
Get Ready for the CBL BreakoutCBL is one of those stock finds where from the outside, it has been beaten up alot. If you want to talk about somebody that was hit from Covid, CBL is one of those stocks. The real estate market, especially when looking at malls and commercial spaces, isn't doing so good. That being said, I think as a long entry, the risk isn't too high given $0.17 is around a neutral point. This could pick some positive support levels and continue growing, and likely when key resistance is popped, you can see a large profit turnover opportunity. That being said, everything I say is on an opinion based basis. Please proceed with cation and invest at your own risk. Do your own due diligence.
NYSE:CBLLong
by gamer456148
Ready for the Next Positive Wedge? $BBRight now looking at the volume, I think Blackberry is expected to garnish some more major support levels as well as higher pivot points. Overall, given previous charting correlations, I would go long on this saying it is getting close to the next positive wedge. I think Blackberry has a chance here in the red to start becoming a bit more lucrative. That being said, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk. Please proceed with caution on all trades you make.
NYSE:BBLong
by gamer456148
I'm Still Bullish on $TSLARight now, there are two critical points I am looking for in regards to Tesla. The $1450 price point resistance is about to be broken, and the $1500 price point will be broken shortly after (as we seen last time this happened), then many of the neutral patterns would also be broken. I think the resulting positive wedge would be much bigger then the wedge from the time this happened previously. Also, if we are on wave #3, with more positive support, at the very least I'm think it can pass the $1750 price point (more than likely even the $2000 price point) in a matter of few months. I'm being conservative, even though I would still classify this as mid risk. That being said, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed with caution.
NASDAQ:TSLALong
by gamer456148
Currently Watching: USDMXN and GBPUSDI'm that Forex guy who likes mid to high risks and high returns. Lots of people are shortening the USDMXN, but I still think it got ways to go for some more profit potential which is why I did an entry. GBPUSD is still picking up more support levels as well for a higher pivot. Pay close attention to the technical indicators and charting patterns. That being said, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk.
Long
by gamer456148
2
Still Holding the CAD/CHF PairRight now, lots of events are coming up in relation to the this pair that I think will be positive. Also, given the risk level vs. potential reward, I think this have been oversold and it is about to have a breakout point from past resistance. I believe as an entry point, it is still quite decent and positive retracement potential is there. That being said, please proceed with caution. Everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
Long
by gamer456148
Litecoin vs. Dash: $LTC has higher Growth PotentialRight now when looking at Litecoin and Dash, I feel that Litecoin has higher growth potential for the next upcoming wedge. Looking at the two charts, the current bearish trendline for Litecoin was much higher than Dash, and now I'm expecting a higher positive retracement than Dash which is at a bullishness peak for this trendline. As always, proceed with caution. Everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
BITSTAMP:LTCUSDLong
by gamer456148
Something Seems Off w/ ChainLinkCurrently, looking at ChainLink's price correlations between March and now, something seems off. I am seeing huge peaks and than declines that seem nontraditional for altcoins. Comparing it to the Gray Scale Bitcoin Trust stock and Sicacoin, you see a pattern that is much of an outlier. The history of ChainLink doesn't seem to be than lengthy and the technology seems mostly mediocre at best. I was somewhat of a fan of them for some of the technological aspects I was hoping they would offer, but so far I see nothing impressive with the codebase. I feel like they are also way too centralized technologically, and I don't see much marketcap growth potential. The most impressive form of tech that ChainLink seems to currently have is a pricing data API for smart contract integrations, however, simple javascript and access to even something like TradingView's API seems like it can do the trick. Right now given the current charting patterns and technological aspects of ChainLink, I don't see enough to be impressed about it from both a technical and trading point of view. It seems like many of the current traders are overly speculating high growth at a really short time period. The price support also doesn't seem stable when looking at the overall charting history. I would say I'm currently at a short position on this. That being said, do your own due diligence. Everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk.
BITTREX:LINKUSDShort
by gamer456148
3