FVRR has been outperforming many E-commerce stocks since early Sept. While overall E-commerce group is in red since early Sept crash, FVRR has bucked the trend and posted the double digit growth. I think early signs of waning momentum are clear and it is a good time to scale back on the aggressive momentum strategy and do some profit-taking.
Divergent RSI on latest pushup; gap to fill at 3305, move might terminate in 3450 area of former consolidation. Not trading advice; just an idea, trade at your own risk; GLTA!
C&H ought to move down soon from overbought to form Handle. This rally may be a first wave in an impulsive move higher, if so a 2nd wave retracement soon.
-Yurlo Please SMASH the like button if you appreciate the visuals I've provided for you today 👍 I've got both scenarios CLEARLY painted for you guys (bullish and bearish bias) In the next week I'm sure we'll get a better understanding on the market direction and what's in store for the month of October. With the US elections coming up I wouldn't be surprised...
Yesterday, I expected price to react at 1,64673 price level. However, momentum was yesterday very strong. At the moment we are at another around 1,65763. TDI is exhausted and market is overbought + another strong area. Let's wait for candles confirmation and price action.
BYDDF is both EV manufacturer and EV component supplier. Since the market crashed in Sept.3, it has been the second best performing EV stock behind WKHS. For now, I believe BYDDF's momentum is overextended and it is due for the pullback.
PLEASE READ THE ENTIRE POST, IT MIGHT JUST SAVE YOU A SOUR INVESTMENT I have been following MRNA for about a month now, and something interesting has happened that not many people know about. On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.* Now the company says that this is no reason to panic....
I dont see any reason to be super bearish here. Yes we have sell signals from 4h-9h. Short scalps are safe but I am still holding ontop my swing longs from 98/99 until we get to atleast 11.2-11.4 zone. The black area that is highlighted has not been tested yet. Usually $BTC likes to retest areas that it previously break down from before breaking into a new...
NVAX is HOT right now. Earlier yesterday I expected a pullback, but there is no way of telling when the buy craze will end. What I'm monitoring from the chart: Momentum, to indicate a possible trend reversal - for now the momentum is still HOT RSI, also to monitor momentum and buy power - right now the buyers are in firm control Bollinger Bands, to monitor the...
YFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step...
Until recently gold has been making considerable movement to the upside with no significant retracements. We are now seeing the bullish run slowing down, failing to create higher highs and creating Lower highs (LH). It can also be seen that price has not been able to break below the $1900 psychological level. Therefore, based on price action, if we see a break and...
Hello everybody, in this special analysis, I see a nice opportunity that maybe Euro is weakness the trend!!! Because we could see a bearish season. Now, i share you my screenshoot for you, because we could see a possible USA recovery for the next days between weeks. First, we see in Daily that Euro is weakness boughts and we are in the strong resistance at...
Ups Overbought in a big way, it's currently testing the ATH but we are seeing a drop in volume. MACD histogram at a peak and stoch is overbought. I am biased on the bearish side for the short term - Targets Listed
Banknifty Monthy - Banking Index held its previous month low and also surpassed the previous month high and I am hoping it be closing above the previous month high tomorrow, and if it does and it is going to be a very good monthly closing, indicating likely continuance of the recent up move. Banknifty Weekly - On Weekly, it formed a Big Bull Candle closed near it...
NOG is a oil and gas company in Minnesota, which is an interest stock that poped up on r/pennystocks and think it might be worth to toss in some money into it. It hasn't perform well at all, yet the reason for this gamble is that the election is coming up and Republicans are pro oil and gas as further green technology is being developed, yet the Democrats want to...
NZDUSD is in the overbought region. time to SHORT it! Trade at your own risk ;)
SIGNAL CONFIRMATION: 1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend). 2. MACD shows DIVERGENCE between price action and volume. 3. OVERBOUGHT Zone. 4. Every IMPULSE to one side is followed by an opposite impulse.