Hi guys! So always looking for opportunities in repeating patterns/ macro developments. SNowflake (SNOW) particularly stuck out. This analysis is conducted in the 1 day timeframe. Since June 2022, SNOW has been in a Ascending Channel with consistent Higher low prints. This shows a reoccuring pattern of everytime we've made our way to the bottom of the channel...
The daily chart on XLU provides rationale to keep a place on our watchlist. Recently it made a golden cross and seems to have broken free of a downdraft in price. Now it looks like the RSI could be searching for overbought. One option is a momentum trade targeting the $71+ price. Personally I'd like to see it hit overbought, then that a position of it pulls back...
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As we can see stock is not very bearish as per volume fall and price fall. Stock trading above 20 50 100 200 ema on the day on weekly and monthly chart double bottom formation a bullish crossover on daily and weekly Golden crossover on 20th Oct 1st-time breakout attempt with heavy volume but can not sustain about 175 2nd-time breakout rounding bottom with good...
This chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t...
Shown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good...
It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to...
We can see the total2 chart’s price action has already reached the full target of the purple symmetrical triangle breakout. In doing so it also went above the yellow double bottom neckline and now is quickly making its way to hitting that full target as well. That full target is a 988 billion. In the meantime it appears like we may see a weekly golden cross soon....
HCP is a computer infrastructure company. The December earnings were a 160% beat. Given the quicky evolving AI supertrend, the earnings might be expected to be another big beat. However, that could be baked into the price. However, the explosive volatility of the last trading session say otherwise. I will take a long trade here and chase this stock. I see it...
First caught my attention by the scanner 🔎 *Symbol*: `MIND/USDT` 📈 *Signal*: `Long` 💲 *Current Price*: `0.005523` 🛑 *Stop-Loss*: `0.0029251700000000004` 💰 *Market Cap*: `0` 🚪 *Entry Prices*: 📥 Entry Price 1: `0.00422966` 📥 Entry Price 2: `0.00476767` 📥 Entry Price 3: `0.0052025000000000005` 📥 Entry Price 4: `0.005637329999999999` 🏁 *Exit Prices*: 📤 Exit Price 1:...
Shown on this daily TSLA chart with the "alligator" indicator overlaid showing SMA 20, 50 and 200 without offsets are the golden crosses of last June as compared with the "death" crosses in January. At least for the moment but sustained by the news and antics of its CEO, the writing for TSLA may be on a gravestone?
QQQ is shown here on the 15 minute time frame. Overlaid are a HMA 7 and SMA 5 to provide moving average crosses. QQQ made a "M" pattern. Options charts are shown in the updates. First Trade SQQQ is opened at 9:48 for $ 6.00 per call contract times 16 contracts. It is closed at 10:05 less than 20 minutes later at $20.00 per contract. $96 dollars the only...
ACHR is a speculative penny stock with big momentum this past week for a continuation trade. The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but improving on putting out the fire. No competition in its intended market. $5.00 strike calls for March monthly for $75 look good. Once upon a time, I had a fellow ER doc who...
The ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better. The MACD has recently signaled a buy and we're cruising above the signal line. We're forming an ascending triangle with the price target taking us close to the next fib line more importantly...
60k incoming... It appears as though a bullish cross has happened on the DMI. But on the same token, it appears as though BTC is trading in a bearish expanding triangle. It will be interesting to see how well the resistance & support holds with increased volatility.
UNG is shown here on the 15 minute chart with text box comments showing the three trades over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used to generate buy and sell signals in golden and death cross fashion. A dual TF RSI...
The SPY is once again hitting a new all-time high today, with the market looking optimistic. As long as it continues to show the pattern of higher highs/higher lows, bullish sentiment will prevail. Last month, I made several warnings that we shouldn't try to guess the top, and that the trend is upwards. The only thing that could reverse the situation would be a...
hello everyone, and welcome to the December. Today, Bitcoin (BTC) is currently worth 37,9k at the current price as i made this idea. with this position Bitcoin could make to 39k-40k and make the golden cross (at 1 week) early next year. what do you think? This is not financial advice, still do your own research.