Hello traders and investors! Let’s see how BABA is doing today, and do a complete Multi Time Frame Analysis (MTFA).
First, in the 1h chart, we have a pivot point at $ 201.06. This pivot point can change the trend in the short and mid-term for good, if triggered, and it is the first pivot point seen in a while. What’s more, we have a purple trendline ...
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...
I did a public trade on RBLX last month, which was a very good one, and now this one is back to almost the same price level I traded it on June21! This is interesting, but it is worth to trade RBLX now?
Do you believe that the line at 83.36 is still here? I didn’t move it since last month, yet it is still making a support us. And some people don’t believe in...
SPWR closed on Friday with a bullish hammer candle right on its 50day EMA. Consolidating in a symmetrical triangle at the moment, nearing the overbought range but buyer volume is clearly picking up relative to seller volume. Has resistance at the $30.75 level that it has rejected twice now. Will be watching closely for a breakout at the end of this triangle,...
After two great news, BLIN managed to run up to 10.41, making it an overbought stock.
Bridgeline Receives More than $2.5M in Warrant Exercises
Bridgeline Partners Win More than 20 Site Search Licenses in its Third Quarter
This two news made possible this situation in which...
The breakout from the Falling Wedge seemed to get hammered down pretty quickly! o.O
But the pattern then took the shape of a cup and handle! ^^
This indicates to me that the bulls are determined to break through, and they're probably going to succeed this time!
Unless of course there's another hammer waiting to knock the break-out back downwards again. If that...
Yes, we got it right another good movement on NIO, e just missed the target for 20 cents! I’m sorry, but I’ll consider it target hit!
The RSI was extremely oversold this morning and NIO bounced back to the 38.2% retracement.
Now we have a hammer in the 4h chart, but we are still trapped inside the retracements, and I...
The aim of this post is to provide you a detailed explanation on how to use the daily time frame to create an explicit expectation of direction in the market you might be trading. Directional bias can give you a huge hint on how to trade on lower time frames (e.g., hourly time frame).
What is the value of determining a...
here we can see a hammer that tells us that a trend change is coming and that it has just touched the floor, these candles are always a signal with a probability that the downtrend is over
aqui podemos ver un martillo que nos dice que se viene un cambio de tendencia y que acaba de tocar el piso siempre estas velas son una señal
MSTR just went down to close a gap, and now it looks like it wants to react. In fact, now is a good time for a bullish reversal, as we are near support levels.
The problem is the 20ma, but the 4h chart looks interesting:
We hit a support level, and now we have a hammer candlestick trying to reverse the trend. The RSI was...
Hey, guys! Yes, PLTR can break the 26 target and hit the 30s next! It’ll all depend on how it’ll deal with this pivot at 25.55 in the 30min.
If breaks this point, I believe it’ll break our target at 26s, and the 4h chart shows a similar idea:
The pivot at 25.55 is also a trigger point for the hammer seen today (black...
be greedy when others are fearful.
A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick
If there's a higher volume of trading in a particular stock,...