NASDAQ:MARA at $32? The last time MARA reported an EPS of .36c was in March 2022; now they reported .35c. It should go up like SpaceX Dragon, at the same time you have to check the inverted head and shoulders pattern and a huge bull flag!
This drop was expected, and hopefully it ends there because it stems from what could be a bearish flag pointing lower. On the other hand, this movement created an ABC pattern, which ultimately forms a flag leading us to 29K
If we are not too bearish, we can go with the bull flag, and wait an explosive movement to the upside.
The fundamentals for oil to be over $100 USD per barrel are in place; oil inventory reports are getting lower, and what happened today between Israel and Iran could potentially push oil to $120 USD.
There is a bull flag with a breakout there!.
After that extended fall, which didn't actually last long, comes the continuation of the rise or simply the other shoulder of a head and shoulders pattern. I believe what we will see is that where everyone wants it to fall, it won't, and it will continue until completing the massive flag at $380.
You know what it means, a good company, good results, waiting for a CEO (Elon Musk maybe) making that part of the 20 years plan for X, but, we have that Symmetrical triangle with a potential 60% in the next months, and two huge falling wedges., Why PYPL have now a crypto?, the answer is X!
I hate AMC because the CEO is a thief, is cheating the people, and I don't know why the SEC is doing nothing. It looks like a very speculative game, so I was expecting to see this since May 10th.
I sold APES and bought AMC because I think APES will disappear.
Today the judge ruled in favor of AMC, allowing them to issue 100% of shares, so now we are diluted 50%...
Do you remember when NASDAQ:NFLX (Netflix) faced a password crackdown?, Something similar is happening here NYSE:DIS (Disney). This might indicate that Disney's stock is currently SUPER undervalued.
In addition to this bullish flag (10%up), there are more patterns in progress, so this will surely be the lowest price we will see at Disney for a long time.
We have encountered two gigantic patterns. Oil will visit both $48 and 120 USD. The question is, which price will it reach first?
The expanding wedge allows for the completion of the large flag that takes us to $120
A mega Flag
And a symmetrical triangle that completely changes the down trend for now
This structure is not seen very often, but the erratic behavior that Bitcoin is experiencing is only to stabilize the price in this area, and it is forming what could be a megaphone pattern. This pattern is leading us to the 35K mark and its amplifying powers may be what Bitcoin needs to move forward. Patience is the science of waiting for what we know is inevitable.
AAL has consolidated very well at these levels, recovering some of the lost value. This correction creates an upward movement with a potential of over 20%, con una cuña expansiva y el precio terminando la estructura.
This is another case of hidden value by a downgrade.
Nothing we do today could be possible without this company; communication is the foundation of everything nowadays.
But technically we have a broadening falling wedge, the resistance is just 32% from this price.
Maybe the key day will be the earnings call, but the opportunity is there!
As you can see, the bitcoin price is fluctuating within a range, testing the boundaries of its channels and reducing the likelihood of a significant drop. This consolidation allows bitcoin to continue its upward trend.
After an upward movement, we should expect the formation of a structure that would allow Bitcoin to reach levels of 40 and 50K in the following...
AMEX:LABU is about to take off, one of the sectors most affected by the reduction in earnings due to the decline in medicine sales during the pandemic. However, it shows signs of stabilization, at least a 17% and a 35% in the foreseeable future with two falling wedges. Remember cyclicals in a overload market.
This is interesting, paypal is used everywhere around the world, and all the value gained during the pandemic has been lost, but i think all will be recovered because the use of the credit card is all time high, so, this is a good point to start a position. At the same time there are two falling wedges waiting for a breakout.