Pulled up the weekly chart with the stochastic RSI & I have found this sell off is EXACTLY like Q2 2019 Below, I calculated the days since the weekly S.RSI bottomed & we came to (8 bars, 56 days) which pointed me at where we stand today Then I compared it to the 2019 sell off & found that 8 bars after the S.RSI hit rock bottom, it would put you at the April 29...
H&S with forming bullish flag shows potential for new highs in late 2024, early 2025.
Bullish rising wedge with the same breakout pattern as NASDAQ:MSTR did. Projection to reach new highs in late 2024, early 2025.
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and...
When you make a trading rule, it's not a suggestion or an option. Mostly, when we want to be flexible with our rules, it's an emotional impulse pulling us to make some unbalanced trading decision. Make sure to keep closing every escape route you have. If you are not ready to commit to rules then don't make them, you will just be setting yourself up. Wait until you...
Up trending (already up ~20% from the recent low), expecting to reach $40~$44 (10 to 20%) provided it continues the same trajectory (Time frame 8 to 10 weeks). No recommendations, for educational purpose.
On the 3 Day chart, there has NEVER been a point in time in which a Buy signal was printed, price goes lower, & RSI formed bullish divergence, but somehow we are here RSI closed a higher low as indicated by both the RSI & CM indicator. I did not think price would go lower after the buy signal printed on Jan 29, but it looks like something is for sure cooking...
Alight Solutions ( NYSE:ALIT ), a leading provider of benefits services, has announced the sale of its professional services and payroll outsourcing business. The deal, valued at up to $1.2 billion, marks a strategic shift for the company towards greater agility and technological advancement. According to the announcement made on Wednesday, Alight ( NYSE:ALIT )...
This is my current analysis for NVDA- I can see one last short squeeze before further downside.
In a move that sent shockwaves through the entertainment industry, private equity firm Apollo Global Management has reportedly tabled an eye-watering $11 billion offer for Paramount Global's coveted film studio, Paramount Pictures ( NASDAQ:PARA ). This bid, shrouded in intrigue and speculation, adds another layer of complexity to the ongoing saga surrounding the...
I'm not a fan of slanty head and shoulders patterns, but when looking at the declining RSI it seems like CLSK is heading for a correction ahead of the next halving. We've seen virtually all crypto mining stocks de-correlate from BTC's price over the last few months as institutions move money into ETFs rather than gamble on which miners they think will survive...
Recent FOMC meeting seem to have spurred renewed optimism in the markets. TSLA divergence here looks pretty strong imo. We'll see how it goes, but excited to see how this plays out.
DQ - Mar 20, 2024 — 10:AM EST 1. Bullish divergence noticed on the Daily timeframe has started playing. 2. Bearish trendline has been broken. 3. EMA50 is also broken and its trend changed to upward direction. 4. EMA200 has been tested but not yet broken. 5. On Fib level, price has retraced to 38.2% level and show slowness in bearish momentum, signaling a probable...
In a whirlwind of market activity, Topgolf Callaway ( NYSE:MODG ) finds itself at the center of speculation and volatility as rumors swirl regarding a potential acquisition. Despite initially soaring on reports of acquisition interest, the stock saw gains trimmed after the company denied any ongoing sale talks. Shares surged by a remarkable 15% earlier in the...
PG stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe
There is clearly (proven) plenty of room for this to go up. Question is, what was today all about? To be honest, I'm just as confused as you may be especially with the very solid earnings that were reported and future growth outlook. So I'm going to continue to stay away from the fundamentals and leave that to Sir Powell (purple tie, what'd I say about purple...
QCOM stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe
PTC stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe