Lets look at the longer timeframe. Stoch RSI looks to turn up.
We are breaking throught the 36M SMA and 12M SMA, as it seems.
Momentum has been reset in addition.
300% sounds unrealistic? - The company was valued the same 2011, that`s why we have a confluence of resistance in this area in addition.
One of the Uranium instruments that look quite attractive at...
xop, might have more room to the downside.
It is not yet showing a 5-wave up.
We might see a retest of wave 4 untill we can call the correction completed.
Try to avoid others opinions.. hard for me to say this when I'm posting my outlook for others to agree/disagree on..
But always do your due dilligence and have appropiate risk otherwise you could get burnt.
$INTC is currently in the $44-$45 range, an area where it has bounced since 2018. High probability of bouncing again as it has already held this area even when SPY hit the 2022 low of year (so far) @ $405. This indicates strong demand in this area that bulls are likely to protect.
The ultra conservative play here would be to set limit orders and for the supply...
BREAKOUT ZONE
$264.77🐂
$268.2🐻
RESISTANCE
$271.9
$277.18
$280.35
$283.5
SUPPORT
$282.66
$258.17
$253.16
$250.09
Looking to draw down here. Double top, failed to break out. Looking for draw down to maybe 253.16
No update from yesterday. All support/resistance stays as is.
Nice gap up to yesterdays high. will challenge and fail only to fill the gap down and end near 3052 or down at 3000.
AMZN along with other will continue this stair step down similar to '00 and other draw downs like it. i talk about it in my youtube videos.
Gap up clear here, this is a hair below my support/resistance for this area. I believe that there could a tap here and move to test the high....no updated levels here. still layer four from youtube video
Hello everyone, how are y’all?
Bitcoin has already Broken a major demand zone, what should happen now?
Let’s check the news first before going into the technical analysis.
There is a major fear in the market because of Russian Central Bank’s proposal to completely ban cryptocurrency trading and mining in the country. Russia is the 3rd major cryptocurrency...
$SE is being supported by COVID-19 lows AVWAP (Aug 17, 2020) and rejected by ATH AVWAP (Oct 19, 2021). Until we break either AVWAP, I will be neutral and wait for some movement. I do like the stock long term in my Roth IRA, so I will be slowly adding shares if it goes near or retests the support AVWAP. As mentioned in my $BTC chart, I do believe that the bottom is...
Divio got back to old support and holding well. Moving averages seem to converge as well therefore there is a great probability that the price would break upwards.
Entry at these prices.
Stoploss 5% from here!
Profit minimum 100%
Trade with Cautious!
Every 3rd Friday of the calendar month is OPEX (Option Expiration).
The difference during the most recent OPEX cycle was:
Excessive Front Running OPEX DIP
Evergrande / Contagion
Debt Ceiling Crisis
China / Taiwan Tensions
Inflation / Hyperinflation
------- Kai Volatility ------
Kai Volatility refers what happened as a Second Move Phenomenon....
Fintwit is energized about uranium and blaming Canada. How south park of them.
I don't know about you, but I'm saving my money to buy a Delorean instead.
Lots of chatter on fintwit and discord over the past few weeks about BBIG...
I'll spare you the backstory, and assume you've stumbled upon this chart purposefully.
You know there's a merger, and you probably hoped last week was going to bring "more meaningful news!" and thus, "upwards price action!"
"Tiktok!" they told you! Valuation! Billions of dollars!
7!...
