Love the stock and the company so got nothing else to do but wait this out. Holding about 20k shares.
Short-term PT --- R1 $6.53 R2 $6.72 R3 $7.63-7.67 ... Near-term PT ~ $13.52 ... Long-term PT ~ $40-60 (let's settle on $50).
Let me know what you guys think.
I drew some divergences. all arrows followed DIVERGENT principle.
Current: some recent candles try down or fluctuate 40k->44k to form a NEW UP DIVERGENCE( RSI UP, PRICE DOWN or STRAIGHT bases on LOW PRICE -> It is building on 4H TF)
PS: I am big fan of divergence
The price broke through the control points of the side support and rested against the local support level, now I expect a descent to a stronger level before returning to the sideways range.
Have a nice trade!
$40~63 PT (3 to 18~24 months)
$PLTR - solid business fundamentals, YES stock price is expensive but lots of solid business deals in the pipeline (with the government - very sticky), $40 SP is fair value relative to what the other crap is happening such as $NKLA (really crap).... and like crap stocks but with good stock technicals such as GME, AMC.... PLTR is a...
BTC will touch 40k before continuing to rise
It still brings downward force, the Squeeze Momentum and the ADX confirm it, we must wait for the Squeeze to form a red valley and for the ADX to change directionality.
I estimate this will be between 38k and 40k.
I don’t make big predictions often however this is one, like my BTC prediction of retest 20k-26k before we begin the next bull run. I believe doge needs to retest a few critical supports before going higher. The range is shown on my chart.
Don’t let news and emotion cloud your judgment, look at what’s consistent the chart. Trends don’t lie.
Meant for clients/community/personal use.
4hr and especially larger time frames (6hr, 8hr, 12hr, 1day) are effectively adherent to analysis.
Personal analysis drove me to comfortably gauge current action placement in PHASE C.
The length of horizontal lines are placed in relatively similar fashion to historic WYCKOFF analytics and...
Ok, PLTR broke the red line now, no excuses this time, and we have an advanced breakdown on the RSI. This increases the odds of a correction, and this would be great for PLTR.
We have another divergence on the 4h chart RSI as well, but the 20ma is getting closer, and it is at 23.64 rn. This kind of ruins my idea of buying...
Let that new moon energy build, patience. Right now the Moon is Waning Moon, 0.71%. Tomorrow we have an #Eclipse. The last one was May 26th and you saw what happen to $AMC $GME since. Let me know what you all think. Does it line up with anyone else's DD?
As I posted the other day, I expected BB to make a move to its next fibonacci zone near 22.00. Resistance was met at the 61% retracement level and it got shot back down to its 38% retracement level after failing to hold the 50% retracement level (15.60's). Bouncing off the 38% level near $13 could give us 2 paths as I show on the chart. Need to break through that...
It usually bounces between 60 and 170 percent, previously it has respected the buy and sell signals of the squeeze momentum indicator, if repeated it could return to a minimum of 40 dollars and a maximum to the range of 50-60 during the next quarter.
It has a strong support around $23 and a significant resistance at $35, if it passes it, we should expect a...
A comp of $T and $VZ's stock. Similar setups, with VZ blazing ahead. $T seems a day behind. You can never be confident when playing short-term moves, but you can see the squeeze indicator Ppppin off prior to VZs move and it's doing it for T now. The rotation favors it, and it looks like some shorts might not have closed fast...
Using a combination of squeeze momentum and tweezer bottom candlestick chart to predict the explosive breakout that blew the bitcoin price all the way to $58,000.
This is only for educational purposes!
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