LCID got news that its rich uncle the Saudi Arabia Wealth Fund will be assisting in the manufacturing of large body parts moving forward (perhaps on the methodology of TSLA to just massive molds to efficiently do so and at a far lower cost). Shares pumped today on the news. Is it sustainable? Is there still time to buy a piece of the move? On the 120-minute...
XAUUSD on a 120-minute chart is showing moving averages slowly converging into deth crosses and the dual time frame RSI indicator of Chris Moody forecasted the move with bearish divergence starting March 8th. I have closed my long positions in gold and silver and crossed the aisle to take short positions . My target for XAUUSD is down to 2085 which is the...
On this 15 minute chart, TQQQ is in an anchored VWAP band and volume profile breakout. Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours, NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator forecasts and uptrend continuation. I will get call options targeting $58 for...
BTCUSD on the 15-minute chart appears to have formed a rising wedge pattern which typically forecasts a breakdown and a fall in price. Overlaid is the LuxAlgo predictive model-based on a gaussian regression line ( top shelf mathematics) with a lookback to the left for similar patterns on which to found the forecast. The algo indicator validates a bias for a...
AAP on a 240 minute chart has completed a Fibonacci retracement of the previous trend down which covered April to October 2023. Support was retested for a month or so. The retracement starting in December is now to the standard level and price is being rejected there. The faster RSI topped out at 65 while the slower RSI line ( black ) never got over 50. As...
Intellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, retail commerce businesses, and law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-sale scanner. Volume, Volatility and Price Breakout on the 60-minute chart. Relative...
PHAT is now targeting 25-34 according to analysts. I am not surprised. It has a pipeline and is pending approval for a medication product to treat a stomach bacteria that causes chronic infection and symptoms are often refractory to long and elaborate treatment protocols. The product is already in Asia and doing well in YoY reports. PHAT has partnered with...
SPY on the 15 -minute chart is shown to be in a megaphone or broadening wedge pattern since March 5th. Price is now at the lower support ascending support trend line. The Gaussing regression line forecast indicator an example of predictive modeling confirms with a prediction that price will trend up inside the pattern and head toward the upper resistance...
CELH on the 15 minute chart broke out from a decent earnings reprto and has been part of the IA stock surge. Is it over-extended? Will it follow NVDA in a downtrend? Is this Icarus getting too close to the sun? Yes, I think so. The company name is Celcius and it fits the Greek mythological person and story well. Yes I think CELH will correct. It's in the...
The cruise line subsector is surging. Apparently Royal Carribean is doing better than Norweigan but both a having a busy 20214. Earnings are around the corner. On the 60 minute chart the lower anchored VWAP bands are all trending down as is price overall. Of late from underneather price has tested the mean VWAP line and than did a test of resistance at the...
PLUG's momentum had a good move today. PLUG is moving in a descending channel. Today other EV stocks including TSLA, LCID, NKLA, FSR had big moves. TSLA's was the smallest in percentage but the biggest in market cap regain. PLUG is now at the 0.5 Fib retracement level. The zero-lag MACD and dual TF RSI indicators are about to cross the zero and 50...
AMC on a 30-minute chart is putting in a double bottom. In mid-December, a symmetrical head and shoulders is formed. The right shoulder being higher than the left makes for a diagonal neckline which yields a target in the area of 5 confluent with the level of a high pivot on January 10th. A standard Fibonacci retracement of the Janaury trend down would put...
So far this AI model has been quite impressive and the more data it is fed along with it's own learning capacity - it seems to generate more accurate results with tighter price range estimates for projected time frames. I decided to publish these ideas as a means of recording the progress . The data plotted here has been manually inserted and is not the full...
BOIL on the 2H chart has bottomed and begun the reversal as this leveraged natural gas fund sees a red to green in the HA candles as well as the volume. Price has crossedover the POC line of the long-term volume profile and exploded from a Doji candle below the mean anchored VWAP with consecutive engulfing bullish candles. The Luxalgo AI predictive indicator...
Silver had been on a downtrend for two weeks before hitting its pivot low on 5/18/23 and reversing. The Hull suite indicator has changed from red to green while the zero lag MACD indicator bounced on the zero line and is now uptrending. Importantly, on the way down price dropped quickly through a low volume area of the volume profile marked out on the the...
FULC on the 15 minute chart had a good response to favorable earnings and then retraced. It is now bounding off the Fib 0.5 level and also confluent with the POC line of the volume profile and the mean of the anchored VWAP. Buying volume appropriately overtook selling volume on the reversal Luxalgo's Echo indicator, an AI predictive tool, suggests a 10%...
On the 2 hr chart, PG was fighting heavy resistance for month. The supply /resistance zone is on the chart from the Luxalgo indicator. Multiple touches but the zone was not broken. Price has retraced down beyond the 0.5 Fib level. PG is tracking well with XLP the consumer staples ETF shown as a thin black line on the chart. The Luxaglo Echo indicator,...
USDCAD in the past several sessions had a good uptrend then hitting a double top and reversal Sunday 5/15 after the open. The double top occurred at the of the second upper VWAP band above the mean and the top of the volume profile. On the descent , it has crossed under the POC line of the volume profile and is widway between the first positive VWAP bandline...