NASDAQ:PLUG double bottom on the weekly with major bullish divergence return on the EV play ?
here is the weekly view of GLD really nice long term rounded bottom here with a nice pullback possibly setting up for higher prices AMEX:GLD whats everyones thoughts on gold heading into the rest of the year? charts look pretty bullish to me HAPPY TRADING
Gold had a strong finish to week showing nice accumulation with solid volume on its way to breaking the 171 mark if we can break past 178 we could see it test the 185 level ill be posting a weekly chart on this as well as we are actually right at resistance either way both the daily and the weekly charts are pointing towards more upside for GLD thoughts?...
bearish trade set up for the spy that was under heavy pressure into the close last friday breaking below the 200 day moving average and breaking below a local support also showing bearish divergence on the MACD on the daily. just an idea here. shorting the SPY has not worked out for most but with the recent turmoil in the markets sentiment could change if we...
Bullish abandoned baby on the daily timescale for META the location of this candlestick pattern is what makes it technically more interesting on a long term support resistance line to go along with the 200 week MA could be in for some upside on this stock possibly looking to fill the gap this is going to be one to watch. thoughts?
potential inverse head and shoulders thats been in the process of playing out for 2 years testing all time highs. could potentially be a huge move for the stock. however the earnings report is looming and we have seen the devastation that could cause recently. something to keep an eye on for sure for this hospitality stock. happy trading everyone and im glad...
Bitcoin has been flirting with previous all time highs now for a while slowly absorbing remaining supply maybe ? either way we have a couple bullish formations here you could see an inverse head and shoulders as well as this triangle pattern that im choosing to highlight even being conservative the pt of this pattern is enough to take us to 69K 75K is the...
PLTR showing three rising valleys on the weekly time scale measured move of this would take PLTR to around $40 a share weekly and daily time frames looking very bullish could see a strong end of the year for this stock
BITCOIN looks to be forming a dragon on the daily timescale showing bullish divergence on the RSI one the second leg as of now still just a potential dragon but still something to keep an eye on BTC and crypto as a whole has been stagnant for the most part could this be the pattern that changes that? thoughts?
LAZR finally looking like its found its bottom a potential dragon on the daily and even on the weekly this would produce massive gains if it turns out to be the case. either way this is a name to def add to the watchlist. up significantly today look for retrace to get entry. on its way to test 20 clearly at the very least
taking a look at bitcoin on the weekly here bearish engulfing candle was last weeks candle. MACD trying to hang on and stay positive. becoming clear how important the 40-42K level really is we saw what happened last time this went red on the weekly on the chart its looking like it wants to roll over again. choppy action past few days, unable to sustain...
BTC not looking very bullish at all currently. was able to show bullish divergence on both oscillators on the 4H and still unable to break up starting to it look like a falling wedge which we have seen more then a few times on this chart. will it be able to catch the bids it needs to buck this trend? nothing actionable here clearly
PLTR back in the news with a nice breakout to the top of the long term range keep an eye out for these levels check the gap fill for first pt if it can get to 30 per check the price action above 30 bucks. add this to your watchlist next week for sure
BITCOIN btc looks clear to test the 50k range once again if daily candle close is above 48k we will see 50k very soon
STOJ stll looks good as long as above 1.30 coming back down to test top of previous range supports holding nice still in a triangle on the 4 hour. if break up look for a run up once again one of three targets already hit. remaining two targets remain the same happy trading
eth ascending broadening wedge on the daily looks good for continue up with btc looking bullish as well
STOJ TRADE SET UP PT 2.65 STOJ above 1.30 USD looks good for major upside minimal resistance above 1.30 want nothing to do with it below 1.26
CHEWY is looking good for a breakout of an ascending triangle 105 pt measured move takes us to about 107