3 circles. Chart says it all. If you need any clarification just ask.
Chart says it all. Bullish MACD cross inbound. RSI looks to be repeating a pattern that indicates a massive bull run with large bullish candles.
MACD curling, RSI holding above 50. Perfect pennant formation. 50 day MA was holding as support now the 20 day is holding as support signifying an increase in strength and momentum. The last time I saw a pennant like this on SOL it launched like a Space X rocket except it never came down (fully)
YOU with a bullish 20-day MA crossing through 50-day MA. Already filled the gap up so it's ready to continue on its upward trend which seems to be forming a channel that it will trade between. RSI at 50 used to be resistance, now it seems to be support. Global travel coming back fast. Should be in full swing by the end of the month, the travel ban was lifted on...
ALGO with a symmetrical triangle breakout. I decided to mix it up and include some Elliot wave theory. It looks like the first impulse is over but the second impulse is just beginning. Mind you if it had the same market cap as ADA it'd be at $10.80 (at the time of this post) Looks like we could be heading to the high 3's and maybe even break into the low 4's...
QQQE (equal-weighted) looks like its relative strength versus QQQ (market-cap weighted) is about to turn around. There is close to a 5% gap between QQQ and QQQE. I believe that gap closes and then QQQE begins to outperform. The big names have seen their day in the sun, it's time for the rest of the tech stocks to shine. This also gives equal weight to the...
Chart says it all. Uptrend in RSI Bullish MACD cross. Bounced off strong support. Has an obvious up-trend where it hasn't even gotten close to the upper bounds of the channel. I play em both ways!!!!
There’s been a series of higher highs and higher lows indicating a reversal from the previous downtrend. As well as a series of Higher lows in the RSI, signifying building strength. Looks like it could head to $40 again in the short-term. First post all draw, written, you name it on my iPad so let me know what you think if it turned out okay.
MARA is looking slightly overcooked. There is potential to short/buy puts and ride down till it fills the gap up. It could have a further downside but is highly unlikely unless BTC sells off. RSI extremely overbought, MACD in nose bleed territory
Technical Thesis: -double bottom -20 day MA on the verge of a steep cross up through the 50 day MA -average volume is trending upwards -it broke out with significant volume Fundamental Thesis: -YoY Profit margins are trending upward -from 2018 to 2020 their debt to assets has fallen significantly -on the Macro side, with the ability of large-scale production and...
TTD's break out looks like it has legs to retest previous highs. MACD is forming a bullish cross while the 50-DMA is beginning to curl up towards the 200-day. RSI is showing strength and 812% of the average call volume traded today for TTD showing lots of bullish bets on the continuation of this bullish trend. TTD's price action is most likely related to the...
Compass Pathways deals with psychedelics and their promising properties when it comes to the treatment of mental illnesses. Purple Zone: Safe Entry Green Zone: Risk Entry 76% potential return. Citron Research has a $100 PT. Citigroup has a $67 PT. Bullish MACD cross Consolidating for the past 113 days
It has maintained overperformance over the consumer discretionary sector (represented by XLY) but has lost some of its relative strength against it. It appears that the extra alpha and extreme overperformance is going to be back on SONO 's side based on the chart bottom chart where the relative strength is hitting a level that usually would result in a bounce...
RSI is showing strength maintaining above the 46 level. The 50-day MA passed up through the 200-day MA signifying a Golden Cross. MACD doesn't look the greatest but does appear to be moving in the right direction. Scenario A: break-out of the triangle, zoom towards previous ATH, contend with it momentarily and then make new ATH Scenario B: breakdown out of...
Coiled to the maximum. It can't coil any further without breaking down. With Robinhood and Kraken under extreme pressure from users to add the crypto, it's only a matter of time. In the caption, I give it two days. Seems to be hitting the floor and the "bigger the base, the higher the space". If not, next week, people won't sit back any longer without change....
SHIB looks ready to launch again. the second impulse definitely got delayed. Trading sideways building a base is even healthier than an immediate pump because the saying goes "the bigger the base the higher the space"
The 50-day moving average appears to be curving upwards finally and volume has been declining so there aren't many sellers left. Time for the buyers to take control. I think the stock will pop on earnings and begin an uptrend after earnings are announced. Which will show that the live entertainment business is back in full swing and improving by the day. The...
*Hypothetical* if the first impulse were to repeat. Robinhood has yet to add Shib to its platform and it's not fully mainstream yet. We know what happened when Doge went mainstream.