Apple did the same thing, so did activions, despite both earnings reports being very questionable. I foresee the strong possibility that NVDA will do the same. Questionable report due largely to the crypto fiasco. But the stock will still jump on the account that its tremendously oversold
Dont be gredy, this will roll over and continue downwards most likely
As shown by the decrease in upwards velocity as we reach higher highs. Volume on futures and etfs tracking indexes still in a downward trend.
high amount of shorts and price is increasing rapidly. If price keeps going up at this rate a lot of shorts gonna get liquidated and the price will spike
alternative.me Index spikes to 46 shoiwing an very fast spikee with the last move up. massive amounts of shorts getting liquidated. Most likely a classic bart formation.
Time for investors to come back to earth. the bubble is very likely over. This last short squeeze rally has almost surely proven that. Getting ready to buy at very low levels in the coming year
Notice in 2000 mattel entered a bear market a full 2 years before the 2000 recession started. Now look at price action for the last 10 years. Mattel has been in a bear market for almost 5 years now. Overdue? well see.
On top of the bearish looking weekly graph I posted earlier. This is another great short
Check out this pattern on the 1 minute has a very high correlation with the daily chart pattern. we shall see what this 1 minute turns into and maybe shed some light into a potential scenario that will play out on the daily
To confirm reversal of short term uptrend back into medium downtrend started from the top/
Headed for continued downtrend. Moving down in tandem with all global markets
Defenetly not. watch trader reaction after earnings tonight. estimates at 6.75 per share.
Perfect short entry for the bear market about to ensue
if you are patient there will be another opportunity to short
RSI showing higher highs however graph is still showing lower lows. On the shorter time frames it is terribly overextended. The daily also very extended itself and has previously shown signs of exhaustion as highlighted in the attached idea below. 2 islands was a strong resistance point. The fed has declared no more rate hikes which means short term bonds will...
Over 7 days since btc has had a big spike in volatility. Looking for the next big move soon. Chances are it will continue down (bitfinex shorts are high, longs are low = contrarian indicator pointing down) BTC fear index has spiked down lately from a high of 40. Continuing with the fear index trend shows that this is an indicator pointing up. that being said the...
Starting to buy march 15 puts. We are very close to the top