YouTubers, WallStreetBets Reddit, an article on the Nasdaq website, fake news sites, and recycled press releases all contributed to MicroVision's rise in January and February. Can it be sustained or will it continue to fall due to retail traders' pump fatigue? (Opinion only. I'm not a chartist. Not trading advice. I hold no position in stock mentioned.)
NEXE INNOVATIONS Technical Analysis - 3.25 support broken causing price to find the next support - 2.93 support is currently holding . This would be a good area to BUY if you haven’t . - If candle closes below 2.93 , expect for it to fall lower to 2.22. TARGET ? - $7- $8
GBPNZD - LONG Remember to secure partials once the price reaches TP #1 and set the SL to BE. Not a trade signal.
Just want to update everyone, I may sell if NAKD starts to get ugly & try to re-enter at .65c
Neckline Broken on 1000r chart. Target price for head and shoulders is Height of the head to neckline x 2 = Target Price. Set Stop loss accordingly
Why Koss Stock spiked up Yesterday The "Reddit Rally" is back for a second act, and a lot of the same stocks that blasted off early in the month are going along for the ride once again. While GameStop soaked up much of the attention in early February after a group of investors on the Reddit board WallStreetBets sparked a short-term rally, Koss was actually the...
I see XRP dropping to at least .31 cents before shooting back up. The reason being is that the hourly D extension hits .31 cents. On the daily time frame, XRP is still extremely bullish. If you've been waiting for a time to buy more XRP then at .31 cents will be a great time to do so. I'm in it for the long haul so I will dollar cost average if I see lower prices...
Can not confirm cup and handle, at least for now I do not see it, cup and handle requires 2 top peaks at ~almost same level. But I still bullish on it, we might run up to 20-30, then take break for some time and then we will see if we are strong enough to continue movement to 40-80. That "take a break" actually might be handle of cup if we reach 20 first.
GameStop is back from the ashes. For how long this time? We do not know. But one thing for sure is - You need to have a game plan tomorrow. Back in January, we saw how $GME can bring emotionally-prepared people who know what they are doing to the literal moon. But we also saw how people who FOMO in their life savings blindly and emotionally without a plan had...
Price has revisited the strong resistance trendline on the daily time frame and has rejected it, entered an impulse sell as the price started to sell off, sold early without a retest only because the price may not retest this trend line or zone again. Remember to set the SL to BE when partial profits are booked at TP #1 and TP #2. Not a trade signal.
Hello everyone, this is an update of my previous GME idea (linked below). Let me tell you, we rocked this trade. With an entry at $15 and another entry at $40 a few days ago, i'm already in profit and sold my position yesterday at $150. Nonetheless, we will most likely see the price pushing aggressively beyond this price level. We have a lot of attention, momentum...
A Texas oil company that’s been the subject of social media speculation in recent weeks is seeing an explosion in trading of out-of-the-money call options, indicating retail traders are betting on another big jump in the shares. Ring Energy Inc. is an industry minnow, selling an average of almost 9,500 barrels of oil in the third quarter. It shares have doubled...
Just checked WallStreetBets and they are striking again. I want to make a few points. • Before opening a position, it is good to have an exit strategy. • Successful market concepts are often built upon the recognition of institutional accumulation and positioning oneself before it is over. • Market doesn't care about one's ideology or the news (unless it is...
Video breakdown on $GME
There is a lot less short interest this time so don't expect this to last as long as the last frenzy. 1) WallStreetBets is back at it with Gamestop. Keep in mind they are a self-described very high risk community. 2) It will be very hard to enter and keep a position if you are not used to holding a very volatile stock. 3) There is an increase risk of loss....