GOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting: "During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker...
Hello traders and investors! Let’s see how the SPX is doing today! To the untrained eye, the 1h chart seems erratic and unreadable, but if we look carefully, we’ll see that the movements were all extremely technical. First, the index dropped to fill the gap (yellow square at 4,198.77), and it found support over there. Now it did an impressive Tweezers...
Hello everyone. Shanghai composite index has been weak for the past few days. Actually, we recommended clients to take profit last week based on momentum and formation structure. Now, the nearest support zone would be 3503-3496. After the gap being filled, the index might get some momentum to go up. What do you think? give me a like you're with me.
NASDAQ:ZM took out a trend line and has formed a small pennant right above the gap line and the 200 EMA. This is all after a long rounded base from March - June.
Ok, MSFT finally closed the gap, as we expected it would, but now it has some problems, and we must be aware of them. First, we have a divergence on the RSI, indicating some exhaustion. Second, it lost the 257, and although it did a brief recover to the 20ma, it couldn’t keep above the black line. In our last analysis, I was saying that the gap were at a 261,...
UPST chart signals a reversal in price with increased volume. When the fed announces that interests rates will stay the same come up a little today at 2:30 pm, this lending company will come up hard. However if Fed raises interest rates by to much this will not happen, in fact the whole market will tank and the housing market will crash.... I don't see that...
EVFM was in a significant downtrend that saw it plunge from a high of 5.50 on 17 Feb to a final capitulation low of 0.74 on 18 May. Since then it had consolidated between 0.75 to 0.92 for several weeks until 7 June when we see a GAP UP from 0.87 to 0.99 on significant volume . This 1st gap in the opposite direction to the prior downtrend is likely the...
After hitting a low of 78 in a few weeks ago, SHAK finally gapped up on strong volume on 25 May, suggesting that the downward pressure might be over. Over the last 2 weeks it began to form a bull flag cummulating to a strong break out of this bull flag yesterday. These adds credibility that the trend has now reversed to the upside. I am expecting a near term...
Hello investors and friends, last time I predicted 5.50$ for AEI and we reached our target, like I predicted it. Now I expect an pullback and the bullrun shall be continue. What is the next target ? Well, I think the next target could probably be 8$ but harder to reach. Overall I think over the long term we could fill the gap sooner or later.
Very simple entry GAP is holding any gains on 1H we can see rounded top with multiple Doji candles TP area is set up close to recent lows All this is aligned with Fibonacci 78.60%
Ok guys, MSFT is moving according to the plan. After our last analysis, it did a small pullback again to the 249s, and it quickly went up again. Now it just keep going, as the trend is bullish, as I also told you guys last week. Now, MSFT is almost at our target! Only a few more dollars to go, and it’ll close the gap at 261, but maybe this won’t happen this...
Ok guys, let’s talk about DASH today. I find this stock interesting, and it can give us a good trade. The stock is starting a bull trend in the 30min, but it is pretty far from the 20ma. If it corrects, it’ll give us another chance to buy. But I do like the 4h chart: DASH hit the support at 135 and it is now going to the 155. If it breaks the 135 again, then...
Ok, as @miccross86 requested, here it is my view about AHT! We have multiple signs around. The 6.65 is the previous bottom, and if AHT breaks this price again tomorrow, it could drop to the next support areas, like the 6.34 (gap), or the 6.13. Yes, AHT just hit the 20ma and it could go up from here, so, let’s wait more confirmation, ok? Watch the 6.65! In the...
ABT looks interesting, and it is worth to keep an eye on it! We have a pivot point at 109.52, and this might push ABT to higher levels. It must not break the 107.61, because we have a huge head and shoulders pattern here! In the 4h ABT just hit one of the fibs retracements, and now it is ready to trigger the pivot point at 110.86. If it breaks the first pivot...
Tesla is doing well. Today it almost hit the 593 as we said yesterday, no big surprises, and it is recovering nicely. We are near our target at 635, btw. Now, even if Tesla drops, it is impossible for us to lose any money here, as I moved my stop to my cost basis. The BB are getting tighter in the 4h chart, and I have a feeling that if it breaks the 635, our...
Hello traders and investors! Let’s see how PLTR is doing today! First, in the 1h chart, we have a slow movement, but definitely bullish , as we have higher highs/low , the 21 ema is pointing up, and we can draw a trendline that is working as a support for us. We can also draw another trendline connecting some of its tops, creating a channel. If PLTR defeats...
Ok, MSFT looks interesting right now! We have a double top (not triggered yet), and an advanced breakdown (RSI). This makes the 249.27 the next target for MTSF in the 30min chart, but the 4h chart looks good. Yesterdy MSFT did close the gap at 243, and it did a hammer. Now we are flying, and it looks like any pullback in the 30min will be an opportunity to...
If NIO closes under the 40.90 tomorrow, there’s a chance it’ll fill the gap at 38.64. Then I believe I’ll be a good moment to buy. It is no secret that I already booked my profits on NIO, and now I’m an observer just waiting for the next chance to buy it again. In fact, since we have an advanced breakdown on the RSI, this could even trigger a quick short trade,...