BCAB a medical technology penny stock had a good beat on earnings. This means the cash burn was only 70% of what was expected. On the strength of that traders reached. The indicators suggest more upside including RSI lines crossing over the 50 level and the MACD lines bouncing up on the approach to the zero horizontal line. The supply and demand...
Next stops for NQ. Analyzed with secret method. Also we will get a new POC at the line I've drawn there. Not financial advice.
Biotechnology is expected to be a hot subsector this year as healthcare recovered further from the COVID pandemic anything from startups to big pharma- from vaccines to new drugs for diabetes, liver disease and obesity. This is shown on a weekly chart to show the long term trend with XBI pivoting to bullish back in early November. I add long positions when I...
We need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue. We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow...
Tapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms. I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward. Happy Trading :)
We are looking for a confirmed activation of our buying continuation - that could be yellow HTF acting as support but ideally we will need to activate something stronger like purple or on the LTF green/blue. Happy Trading :)
GM on the weekly chart has ascended to the top of the high volume area of the long term volume profile. The predictive algorithm forecasts a bounce down from that level. The MACD indicator shows lines crossing over the histogram while the RSI lines are in the 60s about the same level as the market pivot in 2022. The Supply / Demand indicator has the...
Right now I think XMR lacks the support to push past 140. It's bounced to 130 a few times recently. I think loss of buying interest will push it down for a good day trade opportunity in the $126-128 range as XMR makes one last spurt up to ~$131-132. I think an intraday trader could look for a solid buy-in range around the $119-124 range marked on the...
MSTR recently bought up a lot more coins. News that an insider sold $7 M in shares while interesting is quite meaningless. He still has $150M plus. MSTR is riding a " Bollinger Band march" on the upper band. This is a huge surge. I was happy to catch a buy today at $1575 off a low-ball limit order that somehow got filled. All things crypto has a great day. ...
Hey there! My previous idea was deleted by moderators. There was a bearish pennant that broke up, so now I see two ways of release. I am still expecting the 3rd wave of the ABC correctional wave, plus descending volumes and RSI moving at the top edge. And here the target I see is around $57,000, the previous support line. But another scenario is also possible...
US30 outlook Reasons for set up: 1. 1 hr OB created by negative usd news 2. Break of structure to the upside High volatile news today (26/03) & (28/03) which could be the catalyst into tapping into this area and coming out. 3. High volume OB
TXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space. It has been lagging others. The chart makes me believe that it is waking up. Buying...
DOGE is one of the biggest cryptos and supported by Elon Musk. It seems that DOGE wants make a move after a long period of consolidation in a huge triangle. I look at the CMF values and see some early sign of a potential break-out triggering a big rally. Although DOGE was stable at a strong support (90% down from ATH), CMF has been increasing since August...
XRP has been consolidating below $0.6 for almost two years. The current weekly candle is not really impressive when comparing XRP with other big cap cryptos. However, this candle would be a start for future big moves. Indeed, the long-term trendline since May 2021 seems to be broken very soon. The trendline of volume indicator CMF is also being broken. My plan...
After trading range during November and early 2024, an Upward Gap started a new upward trend. This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar The ADX is losing strength, and it looks like DM+ and DM- are changing positions. As a confirmation we can see the OBV and the price, that the higher high...
GEHC is a new spinoff from General Electric. It has great success thus far with good earnings reports and no dependency on debt and interest rates. It has been on an uptrend since the November earnings. At present it is correcting. I will play this going short on shares while hedging with a long term call options. I am in GE calls out into 2026. A long term...
ZIG bouncing from the Weekly FVG/BISI. ●ZIG has a potential to go for $1 from here. ●Targets are $0.16, $0.2, $0.25 ●just don't lose the Weekly FVG