Yesterday's candle gapped up slightly to open and closed above the 1 fib level making a bullish hammer/doji to close. The DI+ crossed the DI- on the ADX and the 9ema is ready to cross the 20ema. Looking for $39.91 in the short term.
After a gap down and consolidation in late 2021 we saw a double bottom and a massive green candle to start 2022. Price blasted through the .23 fibonacci level and closed well above it. With a 15% + yield and one of the great investing O.G.s in charge I feel that this is an opportunity to get in IEP at a reasonable price for a long term hold/swing. Looking to...
Recent MACD cross and on the ADX D+ crossed D-. Price finally closed outside of the triangle after 6 or so attempts. The 2 most recent candles also managed to close above the .5 fib level. I would like to see the price remain above the descending trend line. Target: 26 (resistance), 26.44, 27.67
Recent MACD cross and D+ crossing D- on the ADX indicator are both bullish. In addition recent price tested the .23 fib level. Looking for a close above the .23 fib level and ideally for the price to close above the descending trend line to enter for a long swing trade. targets: 2.77, 3, 3.22 in the short-medium term
The most recent candle tested the low prior to the gap down on 12/3 after 3 prior bullish days. The MACD is crossing that the D+ is crossing the D- as the ADX is 33 signaling a potential start to an uptrend. I anticipate seeing the price fill the gap at $6.79 and then continue back to the $8 range in the short term.
We see a recent MACD cross in addition to the D+ crossing the D- on the ADX indicator. In addition we see some very bullish price action in the last 3 trading days: 1. Gap up from the low 2. Large green bar that filled the down gap from 11/29 3. Dragonfly Doji testing the .78 fib level but closing over the 1 level & also the prior large bar's close 4. Hammer...
Assuming the tech selloff is over for now Sofi appears to be in a good spot to benefit from a possible "Santa Claus Rally" Price bounced off the $14, which has been significant support in the past and is now testing the weekly (up) trend line. Also the MACD is beginning to curl up, as is the Accum/Dist line. D+ is moving up and D- is moving down signaling a...
SXOOF has retraced 50% after its rally where it double topped (11/18, 12/1). Price stopped at .29 which was a prior support level and the most recent made a bullish hammer coming out of a down trend. In addition we see a golden cross with RSI that is significantly lower than its recent highs. Looking for support at the .316 level and targeting the recent highs...
MACD is crossing and the price has consolidated for several days at the 4.96 level, which has acted as a key support/resistance level in the past. The most recent candle tested the uptrend line which also the .382 fibonacci level. targeting: 5.75 in the short term. $7 in the longer term.
It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal is confirmed as it could move lower if it retests and fails to hold the 200 sma. Short term target: 6.90
The most recent candle tested 2 fibonacci levels and closed above the .23 level and also above the 9 ema. The MACD is curling up and the D+ indicator is crossing the D- on the ADX. Targeting: 11.05, 11.36, 11.79 in the near term.
MACD is curling up and the ADX D+ just crossed the D- suggesting a bullish trend is starting. The price is recently off the 200 sma where it tested it 3 times and the most recent candle made a bullish hammer with its tail testing the .61 fib level. I would like to see a close over $2.18 to add to my long position. targeting: $2.46 in mid term.
ML has tanked in recent months and made a new 52 week low at 4.12 The RSI is extremely low at 25. Using the 55 minute chart it looks like the bottom could potentially be in with possible support at 4.15. This could be the start of a reversal, however it is extremely early if it is. I am going to take a starter at this level with a tight stop. Targeting the...
Price recently bounced off the 200 SMA and the 9 ema crossed the 20 ema on 11/4. It looks like $4.26 is a reasonable support level (.38 fibonacci level) and the most recent candle managed to close above it after testing the .5 fib level. Looking for HIHO to hold $4.26 and retest 4.40 with some volume to enter for a swing. $4.74 short term target.
SOFI bounced after beating EPS estimates and made top at $24.65 before bouncing around at the 22.34-24.18 range. The long upper wicks on 11/11,12,15 show the stock's inability to entice buyers at that level. The three most recent bars look like a "3 Black Crows" candlestick pattern which suggests further downside to come. The directional indicators on the ADX...
We have a MACD cross and a broad green bullish engulfing candle at the most recent close. The ADX and DI+ are both signaling a strong uptrend. Targeting: .47 in the short term.
DPLS rallied hard over the summer and made a series of higher lows starting in late July before making a double bottom on 8/9+10/27. DPLS consolidated for a couple weeks before breaking above the .23 fibonacci level (.098) and bringing us to the most recent candle, a broad green candle that closed above the .5 fib level. The most recent candles tested the down...
EVRI has been consolidating since late September. It failed to break the 1 Fibonacci level on 4 occasions and retraced to the .5 level. The current price is just above the POC line (90 days) and closed just above the .78 fibonacci level and well above its up trend line. The MACD is about to cross and the DI+ just crossed the DI- on the ADX indicator. First...