Nio is following right behind AMRS and AMC in the chart and price action.please take this warning seriously if your in a long position. Your stop loss must be $33. You don't want to ride this ship down
Stock has dropped to Fibonacci support levels based on the measurement (0, 1) of major pullback after previous similar decline.
Price is around All Time Low which is considered as demand zone, hence a bullish reaction to that shouldn't be a surprise.
Facebook price to sales multiple keeps declining as it failed to make new price highs. Is this an indication that there are sellers or profit takings moving out of this steady grower? Are investors not happy with the name change to META and unsure of the metaverse future? the support neckline we are current sitting is where the battle is being fought and voted on...
My previous analysis provided the means for a strong downward price action acting in as the spring phase, and clearly mentioned that it could probably even touch 26, which holds correct.
AMC is currently completing a wyckoff re-acummulation with spring schematic, where this will cause some investors to bail out from their current positions and one where...
Based on the Bat pattern, resistance and trendline, it seems that bulls will soon take the chargeback at 34.04 level, and a trend reversal is possible.
1. Possible Reversal at 34.87 - Bat Pattern
2. Resistance at 33.31
3. Nature, Time Cycles: Since Nov'20,
it always comes to the support level @ 33.69
and bounces back. The same behavior is...
Apple has been forming a Bearish divergence on the weekly charts since August! Weakness is shown on two momentum indicators with the 100 EMA and the golden pocket ratios .65 & .618 confirming our next target!
Hey guys, EXTREMELY excited to share something with you, but before I begin there are a few things I need to cover:
A special thanks to my viewers who have supported me for ~16 months of weekly live streams. It is only because of them that I came across this, what could end up being one of my most important discoveries ever (yes that...
The market looks to be recovery today and the most interesting stocks to me were oil companies ( NYSE:XOM , NYSE:MRO , NYSE:COP ) which all exhibited morning open volatility spikes. The one I liked the most because it was at at 50% Retracement (see high timeframe below) is XOM so it fits my criteria for a long trade.
I'll be looking for a retest of the last...
By "The Motley Fool"!
I will be talking about PayPal NASDAQ:PYPL and why it might actually be a great stock to pick up during this recent market crash. While being down 40% from its all-time highs, PayPal's business is doing extremely well. You can find the video below, but here are some highlights.
1. Last quarter, the company reported revenue of $6.18...
Fox, How many times do we see the market drop on supposedly good news, or a stock price rise on the announcement of some pretty disastrous results? Of course, the talking heads will always find an angle to explain away these discrepancies, such as 'results were not as bad as expected or something similar, that is their job after all.
For a Behavarioal analyst like...
Despite this early morning pop, SPY still has a lot of potential downside.
Low volume, buyers aren't exactly lining up to buy.
SPY is still at the lower Bollinger band.
The MACD is showing a downtrend.
Personally, I'm holding off on opening any positions yet. I still have short December calls I'm waiting to buy back. When I do short sell calls or puts, it will...
SPY has retraced to the 50% Fibonacci level and the VIX is going down. Wait for price to go above the trendline and the RSI to break the trendline as well. This will be confirmation for an upwards move to at least the previous high.
NASDAQ:FB , 4Hrs
FB Buying between 308.31 - 315.58 , for Target 325.89 - 336.75
FB Buying between 297.01- 301.31 , for Target 319.07 - 332.54
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