After its minor bull, Dow Jones is now at its resistance area and if we take a look at its 4 hour chart we could see the price is forming a head and shoulder pattern. If within several trading days the price break through its support area, there is a probability the index would continue its major bearish trend, and going back to around 18,000 or even lower.
You thought that only the NCAA is entitled to a "March Madness"? Guess again. This chart shows that during recessions (the 2000 and 2008 Bubbles in particular), the S&P index makes a counter-trend rally in March that lasts for 2 months and sees an end in May. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and...
As seen in the past it takes about 1 year up and 1 year down to follow the blue trendlines.
As Clearly seen in 2009 de dip has been en now we can go back up, it is a long term trade for 2 years.
- ASX 200 has not recovered as fast as the US Market but enjoyed strong gains today +1.6%. - Technically we have retraced to the 32% Fib level from our 52w Highs. We want to see a breakout from this level and a push past the 50% level. - From a Health perspective Australia has flattened the Covid19 curve but some of the biggest contributors to the ASX 200 such...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me collectively analyze my thoughts. Tesla's stock fluctuations are partly due to spread as well as analyst activity. However, over time, price correlations are stable. It obviously performed quite well as a long term hold stock....
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Will Activision's upcoming earnings be as active as their player count since COVID? Or, are we missing some potential Pitfalls? Let's take a look and see if we can't predict ATVI's Destiny. --- 1. Range MA is showing an uptrend (Green bar color) for ATVI on the 4 hour chart. 2....
First off, please don't take anything I say seriously or as financial advice. This is on opinion basis as always. That being said, let me get into a few of my key points. Bancorp has long potential, not many are disputing that. However, currently as a short term trade, I would suggest doing a sell-off at $35.47 as a negative retracement or bearish run seems...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, here are my few cents. Delta Drone is at one of its lowest prices, and recently had a minimal bullish run. However, I think at this price, they do have long growth potential, especially if they get a government contract. It may be...
First off, please don't take what I say seriously or as financial advice. This is on opinion basis (as always). That being said, let me get into a few insights. For some reason, the demand curve have been increasing dramatically for Clorox. Now, I can probably guess why. This same reason also looks like why analyst keep giving it a buy rating and it keeps going...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. Home Depot has been recently bullish in terms of analyst calls, and obviously as a short pattern the next target for a quick turn over should be around the $225 mark. Yes, this may have long...
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- It's time to get paid with some PayPal (PYPL) plays. Let's go! Today we are looking at PayPal's chart going into earnings. The bet is that this online payment company did will during the second quarter under COVID and that we will be seeing new highs going into earnings on May 6th...
ES looks like will be holding 200ma on the 4hr chart as support. If we hold that we will be on OKAY territory as bulls. Under the 200ma Is bear territory
First off, please don't take anything I say seriously or as financial advice. As always this is on opinion basis. That being said, let me get into a few points. Looking at past correlations and their date ranges, plus the current neutral views on FTNT ratings and the fact that earnings are expected to grow for the call in 3 days, I expect a short target of at...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. Right now given the time period we are in, AA went down in the demand curve as a precious metals provider for aluminum mining. I expect an $8 target is imminent during this bearish period, and one...
the price will return to the support line: - if it breaks the support line with a large candle we can go up to 1600 -If not, he will get the 2470
looking at SCO for an entry around $16, not sure if this inverse WTI ETF will make it all the way down to the bottom of my triangle, but I will be monitoring this chart going forward as I think WTI will most likely go negative futures again soon.
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. This being said, let me get into a few key points. Honeywell had a good run, but the past few years weren't great growth-wise. They took a hard hit during the Covid period, (especially compared to other industrial conglomerates). Also, many analyst...