NZDJPY just touched a strong resistance @77.800 This is a critical resistance because it s right at 61.8% retracement and 50 EMA RSI shows Overbought in 60min chart. Expecting it s going down to 77.400 which is the next support.
Ok, WISH did break the pivot we mentioned (12.10), and it triggered the buy sign! Now we are off to the 15! Today’s movement was good, but since it was a bit overbought, now it is doing a correction. The 4h chart is starting to show us a good movement as well, and it is easy to see why the 15 is our target (previous top). The RSI is a overbought too, but I...
RSI is overbought. MACD indicates that the strength of the bullish movement may be running out. Bollinger bands above the upper limit. I will not open any shorts, but I want to see how this interpretation plays out.
Yes, STNE is doing some good movements lately. It broke the 64, the Bollinger Bands are showing some volatility again, but the RSI is already overbought in the 30min. This means that STNE can drop tomorrow or next week, to the 65 again. We are gaining momentum here, and if we break the 67.79, the 77 is the next stop for us! The problem is if STNE drops to the...
Yes, AAPL has been incredible! It hit our target at 131, and now in the same day it hit our second target at 132 and closed the gap. Now, the 131 is a support for us, and it is close to the 20ma. Since AAPL is a little overbought in the 4h chart, there’s a chance it’ll lose the 131 again and seek the 20ma. Also, we are near a resistance area, and this point...
I am not sure which way oil will be going. What I do see is a good profit goal if oil sells off or pullback a bit. Oil is nearing upper black trendline. This is also the top of an parallel channel. This also means we are close to overbought. You can see my entry for a short by looking at red arrows. You can see a nice profit goal here and if it break under the...
This will be interesting to see how the next few months go. I have no idea one way or another, I don't really believe anyone does, but this chart is very telling of the runup we had in QQQ with very low interest rates. Once the fed does actually begin moving, I'd expect a sharp drop off in growth stocks that rely on low interest rates if they are not making...
CRWD is one of the stocks that are on my radar, but we can’t trade it right now. Why? Because it is sensitive to the Nasdaq, and if the index drops in the next days, probably CRWD will do it too. I see the 227 as an important breakpoint, that could make the stock reach reasonable levels again, if it loses it. See, the 227 was a top level before, and a support...
All right, AAPL almost hit our target at 131! It did exactly what we said in our last analysis, 4 days ago, and now we have a lot to catch up! The problem is that now it is already looking overbought, and this smells pullback to me. It has been in a consolidation in the last 2 days, and the BB are getting tighter now. This is somewhat good for AAPL, but if it...
Previous price targets reached- Overbought on the RSI, potential symmetrical triangle forming, just some key levels to watch
This thing looks like it's ready to come back down to test support in the coming weeks.
We have a Bearish Cypher with Bearish Divergence on the 1HR we may see a push back down to 31k.
The problem with the worlds economies reopening now is the stock markets already priced in the reopening over the past year with lower inflation numbers and massive QE. How do the markets avoid hitting this inflation wall? Fed says it's "transitory", is there enough QE left to jump this wall? How does one chart "transition" with indicators? Ever chart I pull...
Still looking bearish shorter-term- overbought on shorter time frames and looks to be another bear flag forming. Been seeing lower highs & lower lows as well - Waiting and hoping for another long-term entry circa $2,000
Nio is impressive! It triggered the buy sign we talked about yesterday, at 43.04 (check my last analysis on NIO), and it already hit the target today! I wasn't counting on that. I rarely do day trading, but sometimes I do it, never on purpose. Yes, again, I’m completely out of NIO, so, I’ll analyze in the most unbiased way. The next pivot point is the 46.26, and...
Hi Traders/Gamblers, This is by far my most intricate and detailed analysis of Gold following a distribution that took place a few months ago, as shown. We have hit our target area for gold as shown and stipulated. Following the DXY's downward it has since settled and seems to be consolidating giving signals of a reversal with a H&S as well as distribution...
This is not a financial advice. Stochastic thoughts. Good luck!
Now the situation is getting clearer on NIO to me. I see a consolidation between the 42.34 and the 40.89. To the side it breaks, we’ll see a good movement next. If NIO breaks the upper line, then the 46 is the next stop. If NIO breaks downwards, then the 20ma is the target. It seems simple enough to me, but it is not over yet! The problem is the RSI. We have...