Tesla is landing over an important support and is oversold (top chart). Last time it was oversold on May 2019 (bottom chart) at this levels it shoot up more than 40% within a couple of months. And don't think that's going to happen again but I do think we will see the price moving up to the next resistance.
I'm holding this industrial stock in my long term portfolio. Looks that is going to break up the triangle. First target would be at $15.6 but I'm holding this one for the months even years to come. I thing it has great potential to the upside.
The pair my make another bounce off the bottom of the bearish flag before break it down. I opened a short position, if it bounces I'll add on the bounce.
Price bounced off long term support. Great risk reward.
Stock prices of energy sector are turning back up. China is reopening and commodities in general are going up. I think oil is going to catch up very quickly. Price may test the support again before going up.
The pair is breaking through the strong resistance at 90.5 level. We may see some pullback and it would be an opportunity to buy more.
Every time Gold traded in overbought territory it pulled back. Is currently overbought and testing a strong resistance. Check my previous post lines below.
Price appears to be forming an inverse HS. I will take a few weeks more to complete the pattern, but you can start with a small position and add while the pattern is shaping out.
It appears that Nasdaq is turning back up. Not quite sure yet, but many Nasdaq stocks are making the same reverse pattern. Google just blew up today and among with Tesla that is oversold and others is very possible they push the markets to the upside. I closed all my short positions. We may see a pull back the next week but I wouldn't go short these days.
It can break up very hard at any moment. Is a very volatile stock and earnings are coming on 01/31. Highly risky but very attractive.
Price is poking the strong resistance at $13 level with tons of volume. I think is going to make it the next try.
The pair was rejected twice by the strong 1.075 resistance area. It could try another poke to the resistance but it looks that the bears are now in control. I just opened a short position, I may add depending on how the price action is doing in the upcoming days.
I would open a small long position and wait for the break out. If the price closes above the $115 resistance by the end of the week I'll add the next trade day session.
This is a mining company, commodities are ripping and most likely to keep going up this year. I would open a long position only if it pulls back to the resistance and makes a nice bounce. Keep it in your watchlist.
Massive double top and HS just broke the weekly resistance. There is no other direction but to the downside. Just hold this trade a couple of months, wide stop loss, be patient the reward is big.
Price has been falling since November 2021, no signs of turning back up, and massive bearish patterns on all timeframes. Most likely to keep falling along the descending channel. TP $50 (why not?). SP outside the channel and wide. I'll hold this one 3 or 4 months.
ZS has been forming a bearish flag since May and is ready to break down very aggressively. Open a small position now, if the weekly candle closes breaking through the flag add more the next week. SP around 175.
Price is forming a bearish flag since February and is about to break down. LMND reports earnings tomorrow, this could trigger the price to break the flag, but it could push the price high as well. I have a short position, I don't think is going to report good earnings, even if it does and the market pushes the price up, it would be a good opportunity to add to my short.