As Btc showing resistance in the upper 6k region, looking to retest previous down trend upper channel. Diverging RSI shows there is still room to run upwards before continuing down again. Short term long into short
This gold miner is picking up momentum. Very speculative and high risk but returns from a potential P&D are enormous.
This region has been broken down before but recently retaken to the upside. It can still easily breakdown but there's a good chance it will be a contested area for both buyers and sellers.
Next support zone is incoming. Looking to cover a few shorts in this area and find better opportunities to short again. This whole run back to 10k was nothing but a bull trap and it worked perfectly. Btc will quickly lose value from here.
Retails sales (MoM) released today for the US reversed last month's 0.3% decline with a 0.3% increase, mainly due to vehicle purchases and high gas prices. That being said, if you keep reading the report, sales for all the following consumer CYCLICALS are down significantly: clothing, restaurants and bars, electronics and appliances and furniture. On top of...
If you think the bear market is over, true capitulation will be seen when BTC goes back to test the 3k and below the region. This resistance marks the beginning of a new mid-term downtrend (6 months+) BTC still hasn't left long term bear market territory. A 3x increase from when it made an intermediate bottom at 3k just proves that it is a volatile asset, not that...
Big contrarian signals everywhere. Economic fundamentals are still terrible but were still making new market highs. The volume during selling periods is especially high and market greed is completely out of whack (even hedge fund managers are in full FOMO mode) with cash levels dropping quickly. If we weren't already there before, we are very very close.
As we looked at this stock yesterday and shorted into the close. It was almost too obvious it would shoot down with the earnings report release. Now there is very little support going into this last downward leg until we reach 2$. Capitulation mode is in full effect. didn't think it would happen this soon but investors are giving up on cannabis stocks sooner...
Breakout from consolidation wedge. Continuing with the trend. This looks a lot like the beginnings of a pump and dump. Could see ludicrous gains short term.
So far 4. 1. Shooting star 2. doji 3. hanging man 4. dragonfly doji The possibility still remains for the continuation of the melt up. Couldd go either way. Will have to react to the outcome but the bias is bearish from candlestick analysis view.
With earnings approaching and a strong chance for an earnings miss, ACB seems to be rolling over into what seems like a continuation of the prior downtrend. The only thing that could save this stock is a good report. Anything less than great will be met with strong selling. This would be the capitulation of the likes of CGC, CRON and of course ACB that would all...
APPL meltup is the bullmarket's dying breath of euphoria. Prepare for the crash of crashes as tech stocks come back down to reality
Short term graph shows a bottom forming. If price action can break above intraday and psychological resistance at 4.00$ the stock will rally to 4.50$ +
Looks like I may pull the stop loss here. It seems to be rolling over. With earnings coming up., not willing to risk this going back to 2$ which is very possible at this point. Neutral but it's looking biased to the downside now that it has failed to break above the 4$ level for the 3rdd time.
Any sustained move above 10k would invalidate this theory and it could reach new highs. But for now still looks bearish
descending triangle and a classing short term pump and dump formation. it's almost too easy for whales to milk this dry
roku making the double top characteristic of all bubbles. fill your short and put bags
Perfect call here. The TA perfectly lines up and the momentum is in. I'm predicting a possible short term correction and subsequent continuation of this trend. There will be a striking bull rally here to at least 0.50, 0.80 and possibly beyond.