LtCmdrData

LtCmdrData

Over as in: the downtrend would be. I wouldn't share disagreements with anyone who said they are buying DISH stock. It will be interesting. I am not advising any such trading in this post. All I can see is, as a hypothetical, someone buying today at ~ 7$ is risking a fair amount of downside (40 ish percent), but that potential downside seems to be limited to...

LtCmdrData Updated 

Hi All, BTC is on a downwards trend with the dotted lines giving some idea of where it may bounce. Regardless, and based on history, it seems a third rise in this run (which began Jan 2023) will end in or around the 33,000 USD to 36,000 USD range this summer. All else is speculation, so that is the reason why I am brief. The speculation is: Drop to white...

LtCmdrData Updated 

It appears in the next 24 hours BTC could go as high as 30,000 but getting rejected shortly thereafter. It is expected that it will plummet to at least 28,400 with anything as low as 26,500 in play. This may be late Sunday or early Monday. Rebound will occur throughout the week with channel being broken sometime later next week. ------ This might be all...

LtCmdrData

Oil trading unequally low in a large channel. Not near equilibrium. Equilibrium would require the price of oil to go up. The Green Arrow depicts the two scenarios (trading above/below). I am very new to Crude.. This is not advice but merely a test. A test to see how much equilibrium means (if at all) in this market. Thus, the biased me comes into this on the...

LtCmdrData Updated 

Testing more lines... These scenarios aren't applicable if GE has any monthly close below 60 USD. Near term (<2 year) target would be at or before 100 USD. Long term (~3 year) target is at or before 120 USD. But, this is only a test & not financial advice... More explanation if we do not close below 60 USD this month.

LtCmdrData

Not sure how much longer the cruise industry will get pummeled. NYSE:CCL has seen high volume ever since the start of the Coronavirus pandemic; something may be building. The stock is seeing and has recently seen its worst days ever. The risk/reward on this is intriguing. If I bought the stock today I would buy it accepting the fact that I may take a 15%...

LtCmdrData Updated 

After managing to break the white line, the great line so many talked about as resistance or bull market (if broken), SPX looks to use it as support for the remainder of Spring. There is no indication that this breakout is strong & thus it seems likely that the bottom of the channel will be revisited before better times- look to April or May of this year for any...

LtCmdrData Updated 

The past few weeks have confirmed the channel trend Bitcoin is trading in. It is clearly outlined on the chart (grey channel). We may get a bounce inside the channel where the area of support (whether weak or strong) is clearly marked as the grey bar. The lack of any bounce here would be a bad sign in the shorterm (weeks-months) for Bitcoin & presumably we could...

LtCmdrData Updated 

Testing these lines. Unless BTC has a nice daily close above the redline (in the next few days / week...), we could see upper 17,800-18,200 level hit first or worse near term (w/in next 6 weeks), see BTC, perhaps briefly, trade in the 15,000s. ------------------------------------------------------------------- Again I stress this is all meaningless if...

LtCmdrData Updated 

Hello all, I am sure you pay some attention to global markets, (US) national matters/news.., etc., you may be noticing a growing sense of uncertainty. The charts seem to be too. ---- Of course, dramatic news can void any chart 'pattern.' This isnt necessarily a pattern. It is simply weak. The chart looks week, the only way I would consider it a "bull" market...

LtCmdrData Updated 

Hello everyone, TSLA had a major sell off after little news (besides the case being brought against Elon). We still have an "earnings hype" coming in the next month. I had this wedge pattern on my TSLA chart for a couple weeks now. We have hit the bottom almost perfectly, but I include the possibility of a further drop to about $221. This is not financial...

LtCmdrData Updated 

Hello all, First, I refer you to @Edgy_ 's posts. His videos and TA style is as realistic as you can get. Especially in XRP... But, I still like to post my ideas! ;) The way I see it, XRP will take one of the following (twoish) paths. We can perhaps see this as a bull flag, whose target would be hit (the top black arrow). I doubt we would break past this...

LtCmdrData Updated 

XRP still has a couple(ish) days to decide on its direction. What's your guess? Comment below. Just for fun :) This triangle coincides with targets that (for each side) make sense-- perhaps $0.30 to the upside and $0.24 to the downside. Of course, it could go beyond or below both of those, respectively. Best to wait and watch! Take care

LtCmdrData Updated 

Hello everyone. I hope your weekend is off to a good start :) Let me get right to it. As the title suggests, there is still plenty of room for XRP to go down. The white line on my chart I have identified as a crucial support line that has been there for months; I shall assume it goes unbroken. We still need to go down and hit that. Fortunately, there is a...

LtCmdrData Updated 

Hello all. I wanted to publish this idea to show that lower levels are still in play. Any break down of BTC (see my previous- shorter term- post below) could easily send the price back towards 6,000USD. I have no reason to believe BTC would go lower than 6,000USD at this time. However, we must still keep this in mind. **Notice**; however, BTC could go...

LtCmdrData Updated 

Hello everyone! I hope all is well today. I noticed, we are in a time where what will happen to BTCUSD (in August) is pretty obvious. As all traders and investors know- it's either up or down! So-- I have outlined all the possible cases, I expect BTC to follow one of these paths. Share your opinion in the comment section below! ------------------------ Let's...

LtCmdrData Updated 

Hi All, I love doing the TSLA posts as this is the company I cheer for the most (and can easily imagine their success in the future).. ----------- Anyhow, I havent done TSLA charts before where the ideas presented only pertain to one trading day. **Note**: Disregard this chart AFTER tomorrow! --It is very short term-- chartwise, TSLA is in for a fair move up or...

LtCmdrData Updated 

Hi all, This is a very risky post for me, the TSLA master, to post... ;-) All of my TSLA ideas have proven themselves... You can see below. ------- Let me be clear, this one is the most (in my opinion) aggressive. So, this is not financial advice. The point is, if TSLA is on a parabolic exit of this downtrend, we will see a high stock price leading up to...