Resistance Analysis in Bottoming Stocks: Looking Ahead to Q1 2023 Earnings
Stocks that are slowly crawling their way out of the correction of 2022 are now moving up to challenge the more difficult resistance levels from the intermediate-term downtrend. These resistance levels are sideways trends that developed during the downtrend of 2022 to the bottom low....
Greetings fellow traders and investors,
The world events of the past year have had a profound impact on the global economy, and the crypto market has not been immune to these effects. As we move forward into the next period of capitalization, it is important to take a closer look at the current state of the crypto market and how it may be affected by the events...
ROKU PANDEMIC BUBBLE now near fib bottom support
COMPANY HAS BEEN MAKING MONEY so.....
a leap put sale at $130 after fed news is a nice safe trade DYOD
The Weekly Chart of AMZN shows that the stock has dropped into a strong support price level with a risk that there could be a Dark Pool Buy Zone here. The share price is now below fundamental values.
With a month before AMZN reports earnings, it will be interesting to see how the stock behaves; it will reveal how well AMZN is recovering from the hyper revenues...
This is not actually a bottom starting yet. NIO needs to show some up and down sideways action that holds above the low of 8.40. But it is at strong support level from its IPO sideways pattern from 2018. This is a weekly chart so you can see that long-term support, which is both fundamental and technical.
For ALL Electric Vehicle manufacturers, 2023 may...
All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. LEVEL SHOWN!
Love it or hate it, hit that thumbs up and share...
All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. BLUE LINE!
Love it or hate it, hit that thumbs up and share your...
A corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days.
BA is one of the few companies on the Dow moving up while the majority of components were being sold down.
This is an example of how quickly a stock can reverse from selling down to resumption of its...
I do not know the robustness of the data collected, as it differs greatly in different places.
But with just a quick comparison:
Singapore relaxed mask measures on 29 August, and from early September, there was already an uptick and the MACD histograms pointed out to late September crossover. Indeed, on 30 September, CNA reported a 40% week on week increase in...
DXY D1
With the above being said... 'key global topics' and other comments, we have to understand the market correlation and timeframes... We can take yesterdays D1 close with a pinch of salt, due to inconsistent volume, but lets see where we close after today (hoping support holds).
US based FX and commodities look like they want to be correcting somewhat....
This young company benefited greatly from the pandemic but like all of the some 100+ companies that had huge revenues in 2020 - 2021, it was not sustainable due to the artificial inflation of stock prices via stimulus checks. Since the stimulus was a manipulation of the monetary system and the financial markets, there is no way any firm could manage the situation....
Nice breakout from that bullish pennant flag🔥
Monkeypox might be the next Pandemic (according to WHO) and $SIGA might be the next $MRNA (5000% up since the beginning of Covid)🚀📈
Hype and sentiment regarding a monkeypox outbreak has been the only driver in SIGAs price, apart from minor PR.
Volume will slowly wither away, and investors will begin to take profits. It will not remain at this price range for much longer.
Looks to be an easy short/put. Will be opening 10$ Puts with a June 17th expiry.
The US Census Bureau recently published population numbers for cities across the US, and the numbers don't look too good: most large urban centers in the country have taken significant population losses in 2020-2021. Politicians and media pundits typically blame COVID and supply chain woes, though these trends were already happening even before the pandemic - the...
I don't know. Perhaps its wishful thinking. /but/
Lets face the reality.
Coronavirus pandemic is over and markets have already shown strength despite recent FED hike.
If the war ceases and Russia lays down its arms with a peace tready mediated by the chinesse would be market pump galore.
Most probably it would also help china dodge more sanctions imposed by the...
Overall looking at bearish sentiment on Tesla (TSLA) down to projection of the 725.05 area. With war, inflation, and the aftermath of the pandemic, a lot of stocks have started a sell-off. We could see a possible small retracement bullish however the overall sentiment is bearish. It lines up with a strong demand level, price action, and Fibonacci TP projections.
2020-going on:
-Pandemic with failed vaccines and endless boosters
-Supply shortages
-Struggling job market
-Skyrocketing bond purchases
-Tapering right after
-Never ending tensions between the US and China
-Never ending tensions between the US and Russia
-Extreme tensions between Russia and Ukraine + western countries
-Small and mid cap stocks tanking non stop...
