To me this has broken one major trend and support and clinging for life onto the last one. I think we see 290s extremely soon then 280s possibly. If we breakout the top of this my mind would actually explode. With the economic state there is just no way. Too much unemployment, spending is down. The only companies making it are the big boys and the our output of...
I have been watching RYAM for a longg time waiting for this breakout and its coming and its going to explode like GCI did. You obviously want to trade BOTH trend breaks. So you entry is a full candle AND retest of these breaks will update later. I have 4 alerts including volume alert.
This one is extremely close to a breakout. We have a double bottom and retest coming up. If it can hold this and breakthrough its going to take off not a ton of resistance in some areas (see visible range). I would only trade the breakout of the downtrend, or buy in on retest success and have a top loss right under where trend would break the new support.
I think this one is ready to go soon the trick is getting it over those highs in the higher 6 range.. at the end of the day I personally see this going to mid $11. The tough part is time. Either way might sit and wait if it drops some may want to grab a long position and PT around $11 and just hold.
So this is the sexiest monthly chart of all time lol. Talk about straight pattern, lines, tops and bottoms. Anyways I am going to set some alerts on this one I think it will actually completel reverse trend soon. Once again a matter of when, but absolutely coming to and end here.
First of all I love this chart the way it moves. I think this is probably a 40-50% gainer and one more leg up it moves to $15 rather easily. It may take a while though. Hitting trend bounce now. Oh yeah and the market is doodoo so check that first.
People keep drawing 1000 different ways for fun on BTC. It's two extremely obvious patterns with volume to back them. One extra trend line thats holding a grudge. These break it's back to 11-14K... they fail its back to $6500.. super simple just a "when".
I think the demand zone pops, distribution levels and levels make sense to back this. The reason I bring it up is that it makes the SPX/SPY slight more predictable in my opinion. I think we had broken the wedge at the top, coming back down for retest and the market / virus happened. Don't get me wrong saying the market would need to correct. I just don't...
This one eventually should break big. Needs to break this long downtrend line then it should be off to the races. Set some alerts. Could also drop down a level first. Just be patient set a few alerts.