As $BTC got ATH and consolidating, this is my short term idea for $MARA. I'm Bullish for MARA for long term.
MARA just double top its ATH and now it is consolidating with BTC. $MARA has gained too much in a short period, and now it's time for pull back.
Stoch RSI has started its trend down and RSI is overbought starts to down trend.
My Short/Put option target is...
I'm expecting NIO will break out from this ascending triangle pattern very soon as it'd done consolidation quite a while with lots of bullish indicators. A bright future a head with NIO such as NIO day, new sedans, autonomous driving. Any bullish news a bout NIO will make higher high and more higher high. All the people who want this stock goes down are looking to...
From technical stand point, NIO is forming symmetrical triangle pattern to break out. After the fearful earnings call and pull back, NIO is expected to go All Time High again.
I'm expecting that NIO will pull back to around 38 level or 50 MA as it just formed Head And Shoulder pattern on hourly chart.
I'm expecting to see $60 soon in coming weeks.
TSLA has become a symbol for retail traders.
On chart, it shows great respect to 20 EMA, creating many supports and resistances on 20 EMA. MCAD is heading uptrend, and there's lot of room for RSI.
Just ride the trend for the battery day and see what happen next.
For longterm, I see that there is still tons of potential to grow.
People are not seeing TESLA as a car...
