If looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher. In recent days I've noticed some unusual options activity in a...
its no secret that if a company has a lot of brick and mortar stores in closed down, or dying malls and shopping centers that said company has taken a hit over the past decade. BBBY is not an exception, and its a matter of time before the party is over for this bounce. im looking at the adaptive moving strategy to get a better picture of trend regularity in an...
Boring times in the crypto market so great opportunity to analyze deeper than usual. What I have found is that when BTCLONG crossed above RSI 50 level (monthly close March 2021), a long squeeze followed and it is still going on since April 2021. With monthly closure of November 2022 BTCSHORT will close above RSI 50 so I wonder whether there would follow a major...
we need to hold above the current support the 0.52$, we hit our first profit taking around the 0.70$ ,now we have to break the 0.87$ resistant and breakout zone to confirm the first phase of squeeze , then the most important level to break for the next week is at 1.33$.
In relation to my other idea. This shows there could be some upward momentum on NEGG in the coming weeks before another large chunk of short sale volume enters the market. I have entered into a small position trade here. Will add more if it looks like this idea plays out.
we have a critical resistant box to clear between the 4.20$/4.50$, if we clear it we going to have the price bullish momentum towards the first profit taking around 5.68$, and then the other 2. however if we got rejected, we going to have a first reversal from the our support the 3.45%+, and our bottom should;d be above 3$.
DESCREPTION: - In the chart above I have provided an analysis for a couple possible scenarios that may occur for DOGECOIN despite a lack of fundamentals or investor interests. POINTS: 1. We can see that DOGE likes to have a deviation of 0.03000 . 2. Observe MACD below chart you can see that previous squeeze was predicted by a steady MACD that held a...
Just another perspective that I wanted to share with the community. These fibs can act as points of resistance or support as they have proven to respect in the past. The fractal has progressed far enough to the point where it is reaching the end, keep your eyes peeled. "Every single line means something." Jean-Michel Basquiat
Every time RSI breaks below 30 we see a reversal and a 50 to 150 percent gap up. We just broke below 30 on the daily and at the end of a falling wedge. With the next swing block sitting up at $40. All the factors are saying this is about to squeeze again.
Okey, forming bull div at weekly (6 months), everyone screaming for lower levels, macro and etc.
#Moneygram has increased in volume substantially since 2013. A direct competitor with #WesternUnion, a monster in remittances. We know that the Foreign Exchange markets handle trillions of $ dollars in volume daily. It’s a competitive market. Ripple, and XRP are a new competitor to #SWIFT (Society for Worldwide Interbank Financial Telecommunication). Ripple...
I like the theory of beating the Hedge Funds and their over capitalized naked shorts but the reality of the markets is that they exist to hurt us (the poor and middle class). I'm expecting a fake breakout sometime between now and Christmas, this will pull in a final round of suckers. then going into the new year, this will print a definitive new lower low...
Looking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
Hey All, Just some food for thought but We have multiple charts showing some downwards pressure coming to markets all are shown below and with the CPI coming out this week and Fed rate decision we have the catalyst for another sell off. We have an Weekly engulfing bearish candle on the SP500, Vix bouncing off a falling wedge and trend line, US dollar also...
Today we can see that the 5, 13 and 50 EMAs are now trading above the 200 EMA on the 15 minute timeframe, this is the first time that has happened since December 5th 2022 which to me shows some kind of set up for a long, however when we look closer we can see that a rising wedge pattern is forming with the completion date to be around 13th to 14th December lining...
we held above the strong support 1.60$, now we breaking out from 2.25$ resistant level if we held above it we will see a test for 2 profit.
Looking at the GME GameStop options chain ahead of earnings , i would buy the $30 strike price Calls with 2023-1-20 expiration date for about $3.00 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.