since the weekly reversal in favor of bears for AMEX:MJ etf and cannabis stocks, the daily bounce has turned back downward, and is approaching recent multi week lows. this set of oscilatiry trend regularity indicators show when there is potential for retracement in the opposite direction should these levels hold.
GOLD has completed it's upward move. Though Analysts say that it will go up further. It's time to be contrarian as Analysts also manipulate the market for their HNI clients. here might be a small move up but more explosive move is going to be downwards.
There's a saying that "gaps act as magnets" and that saying has always stuck with me. It's one reason why I always look for gaps on the chart to watch. Bandwidth, ticker symbol BAND, is a company that provides cloud-based communications services for enterprises. I have written about them a few times and you have probably seen my charts, some GREAT and some bad....
NVIDIA ( NASDAQ:NVDA ), a prominent AI technology firm, has experienced a significant 10% decline in its stock over the past five days, leading some to speculate that the company's AI bubble may be bursting. This downward trend could be indicative of a broader bear season in the AI ecosystem. One potential cause of NVIDIA's recent decline is the disruption of...
SCYNEXIS Inc is a drug development company that focuses on the development and commercialization of novel anti-infectives to address unmet therapeutic needs. It is engaged in developing a product candidate, ibrexafungerp which is a novel oral and intravenous (IV) drug for the treatment of several fungal infections, including serious and life-threatening invasive...
Top and Bottom are 203.84 and 0.80 Above 203.84 the chart is worthless until we revisit the area below 203.84
The breakdown action of NVDA on 04/18/24 and 04/19/24 could have long-term consequences. Monthly RSI has a bearish cross of its moving average line. Also Monthly Stochastic has bearish lines cross. These signals have not occurred since December 2021. Subsequently NVDA decline 69% from its November 2021 top. If NVDA now has a similar decline it could fall...
BioVie Inc is a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders and certain cancers. The Company is conducting a potentially pivotal Phase 3 randomized, double-blind, placebo-controlled, parallel-group, multicenter study to evaluate NE3107...
As we dive into the technical fabric of GameStop Corp's (GME) stock, we are greeted by a tapestry of indicators and patterns that sketch out both caution and speculative opportunities for the discerning trader. Let's unravel the threads of the latest price action and market data to envision a trading strategy that is as informed as it is speculative. Price Action...
I marked when I flipped bearish on Tesla (white circle) despite all of the obnoxious influencers shilling overvalued tech the past few months. Here we are, I called a 150$ TSLA and was laughed at. A view of the monthly chart shows a general volatile uptrend on a tech booming stock. -This 200 EMA needs to be held or there is tremendous downside to be had -I marked...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 05:33 AMEX:UNG Stock Forecast 07:00 USO Oil Stock Forecast 09:30 DXY US dollar Stock Forecast 10:42 Gold XAUUSD Stock Forecast 13:29 Silver XAGUSD Natural Gas Price Forecast | DXY Oil, Silver, Gold
NASDAQ:TSLA - Tesla - My thoughts. I'm strictly a technical trader, I go off what the chart and price action say. I don't invest long term or hold positions long enough to really care all that much about a company's fundamentals. I'm not a growth investor. Too impatient for that lol. I am what you call a "swing trader." I don't really day trade. I'll hold a...
AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is...
NASDAQ:RKLB A series of unfortunate events! Here is the chart where I plotted out a series of events that happened since September 2023. It shows the accumulation distribution and FINRA short sale volume. 1. You can see the stock has been in distribution mode since Peter sold 3.6 million shares. It is a small amount compared to what he owns, but it killed the...
Like shown on the chart. Spy can continue downtrend in 4 ways. Since rsi is oversold. Just be patient and wait for price action on each level. Whenever spy reaches those level on higher timeframe switch to 5 mins timeframe and wait for price to atleast break nearest demand zone for downtrend continuation.
My dear friends, Please, find my technical outlook for APPLE below: The price is coiling around a solid key level - 164.94 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 170.59 Safe Stop Loss - 161.57 About Used Indicators: The...
SPY - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long SPY Entry - 495.10 Sl - 489.28 Tp - 504.96 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear followers, This is my opinion on the QQQ next move: The asset is approaching an important pivot point 414.64 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 423.93 About Used Indicators: For more efficient signals,...