We have multiple areas of support, resistance, and technical targets all converging in one place right now- ~$292. So far, price has bounced from its bottom and then reversed off of the descending wedge. This is not a prediction, but rather a possible path of least resistance that I see with current price action. $QQQ
Nio. along with most tech and EV stocks has aggressively sold off over the last month. But is the selling really over or was this a dead cat bounce? I for one hope for the former. Here is what I am looking for in Nio from a technical standpoint: - Bounce off the $31.86 level with candle close just below the 180 EMA (Happened) - Green Candle break above $38.59...
The rising reverse wedge pattern highlights common lower support and higher resistance trend. A pattern has emerged where the price appears to spike on/around the 9th and 21st of the month and the price seems to rise up to the next level of the fibonacci retracement (Support/Resistance). I would consider taking a long position at the $3.50 level for a potential...
Ascending channel has broadened the last few days. 2 Important catalysts tomorrow that could move this index. Fully expect more volatility. I would love to see it reach the .382 fib. Notice how the .618 didn't hold after 3 days. Look to AAPL to confirm the move to the upside.
The QQQ and NASDAQ have fallen after a Head & Shoulders pattern. Market is volatile and I am unsure if we are out of the woods, stimulus news on the 14th works as a catalyst for value stocks and may hurt tech stocks further. We are making lower lows. Only disagreement is between RSI and Price. This pattern is a bullish divergence where we see price making lower...
Fsly at a nice area of value for entry here. I like the latest candles on the daily indicating a reversal. Let me know your thoughts!!
Discount entry at a great area of value. Simply wait a bit for a reversal confirmation. Great risk reward.
Great buy opportunity here in this ascending wedge. If it can bounce off the yellow dotted trendline we can see a breakout back into the 140s. I will be waiting for buy signal confirmation! Let me know what you think! Like//share!
2020 was a year of tech and FOMO. As we close out those positions and reallocate assets, we go into our period of seasonal weakness. Here's a look at a possible path for the Nasdaq- using trendlines and areas of support/resistance. $QQQ
GE Technical Analysis GE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint. "It's inevitable" Like, Follow, Agree, Disagree What do you...
GE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint. "It's inevitable" Like, Follow, Agree, Disagree What do you think? I got price...
We are the world’s first commercial spaceline and vertically integrated aerospace company. With our sister company, The Spaceship Company, we are developing and operating a new generation of space vehicles to open space for everyone. We are comprised of hundreds of dedicated and passionate professionals, united in creating the world’s first commercial spaceline....
KBNT (Kubient, Inc.) is an advertising technology (Ad-Tech) company that has been introducing some powerful (and proprietary) fraud-prevention tech into the marketplace, where others in this space can only offer to reimburse customers after they have already paid for ads that are later found to be fraudulent (with no possibility of ever being displayed to a real...
Imagine just sitting or standing in a room where all of your devices are charging simultaneously without the need for a cord or device to connect your phone too. Imagine that.... I love this innovation and they have some good news behind them. Like, Follow, Agree, Disagree! What do you think? Details in photo.
Hello, Traders! Palantir is a data mining and analytics company A recent IPO that skyrocketed into the stratosphere And as with Tesla and broader stock market We are seeing a correction on this stock The price has now reached an important technical support level So you can buy here and hedge with put options at strikes below 20$ Next good buy level is at 15$...
I know it is trending down but it tapped my level for that bounce, expecting for it to hit 89-90, if it breaks 90 then... 94 baby! Still on my WL because on the Daily has a C&H pattern, its just that this handle is ridiculous! LOL