RaftoO

RaftoO

As promised, an updated chart. I wanted to wait till the end of the week to post an update but I'm impatient. I readjusted my lines and I'm pretty confident in the ascending triangle formation. I drew a green triangle zone which represents a critical point that will help gauge the next few months. Bullish: Tesla breaks through the green triangle, gap up, runs...

RaftoO

Chart says it all, AMD just released impressive earnings + news on M&A (usually perceived badly). If AMD can breakthrough the descending triangle + past the resistance I believe a breakout is possible. However, if AMD falls below the red support + breaks the orange primary trend line then I firmly believe we will see a head and shoulders formation. Notes: I am...

RaftoO

Drew these lines last week, and so far it's pretty spot on (I'm impressed lol) - Gap filled - Pattern reversal confirmation at apex - Broke below the old resistance line All to say, apple had a fake breakout not too long ago and so now in bearish territory, I'm looking for support levels between $100 and $110 before reversal.

RaftoO

Square fell below the blue support line, with stimulus failing and market sentiment dissipating as election nears I am looking for square to keep falling as seen back in July. My bearish prediction & entry point: Square will keep falling and find support between $158 and $161, as markets shake off election and institutions begin buying markets will turn around...

RaftoO

This is probably my favourite graph, after two years resistance has finally turned into support! Cheap money has found a home, however how long can this last? It's quite obvious that low interest rates coupled with aggressive actions (QE or whatever you wish to call it) taken by the fed are keeping the market propped up; everyone is parking their money in US...

RaftoO

Lower than expected earnings, stiffening competition from Amazon Prime, Disney Plus, Apple TV....etc, could this be the end for the Netflix bull? My price targets (1 year): Bull: 602 Bear: 392

RaftoO

Three major bullish indicators: - Purple: Descending triangle - Orange: Ascending triangle (was my most prominent idea until it broke below) - Blue: symmetric triangle My predictions: (1) Once Tesla passes the apex of the symmetric triangle I can see support begging to form, climbing up the blue support line, following this I am looking for a breakout above...