We had this pattern today once already. Call it luck. A very classic retrace on Wave A. Wave C goals then follow. Either that or we have completely misread the battle zone. This does happen, but more often, 80% of instances infact, we read the maps quite right. And right makes the register ring at out house.
We are not in the business of getting every prediction...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
ARVL has been falling since 17th June. There was a fake reversal on 23rd June for 2 days and then it followed as steady falling pattern.
Finally on 15th July it has hit bottom, with a single but important indecision bar. Also for the first time since 23rd June the price has closed above previous days close at 13.51 and continued to 13.60 after hours.
Squeeze...
As @EvisHadjipetrou asked, here are my insights about ARVL!
We have some interesting movements here. First, there’s this advanced breakout in the 30min chart, as the RSI is quite high, while the price didn’t break its resistance at 16.14 yet.
If ARVL loses the 15.86, then the bullish thesis is over.
If ARVL does a false...
Technically a potential Golden cross, and fundamentally Arrival seems promising, which went public via a merger with a unique purpose acquisition company (SPAC), has an order for up to 10,000 vans from UPS. Arrival also plans to collaborate with Uber to produce electric taxis in the UK and the Microfactories plan.
Last but not least, I love the product and its...
60% decline from ATH
Mass sell off and fear (entire EV sector)
TD daily 9 inbound with TD 4 hourly 9
0.786 Fib base support
weekly 50 MA support
Target 50 Day MA ~ 50% gains
Another unique trading opportunity, similar set up to chargepoint. (up 50% in days)
Arrival SA engages in manufacturing electric vehicles. It produces commercial electric vehicle vans and buses for the transportation, e-commerce, and logistics industries. The company was founded by Denis Sverdlov in 2015 and is headquartered in Howald, Luxembourg.
NASDAQ
