Made this video to look at what I'm seeing in the market that has me a little on edge. Looking at the Weekly and Daily chart of the S&P. We can't continue to push the limits like we have for the past 5 years. Something has to give soon. The RSI is showing a broadening down trend for the past few years, with an uptrend support cutting through. This is creating a...
TA on REI. This ticker is primed for massive upwards price movement. This is based off just the TA alone, and nothing else. It's respecting MAs as support and resistance. It also just hit it's reversal in November '20, from a long multi-year downtrend. It recently rejected at a historical resistance point and curling up to retest again. RSI is showing bullish...
Quick TA on Jacob's Engineering - (J). This is a solid Pandemic Recovery investment, and actually just a good investment all around. This company does very well when the government is looking to spend on infrastructure repairs. Historically the dips on this stock have been short lived and seen as great buying opportunities. It has respected historical trend...
Simple little chart to track the top 3 WSB stocks. Curious to see how these perform through the year.
Loving the price action on MVIS today. I played around with my Trend line on the Daily Log chart, and found what appears to be the trade channels. I'd love to hear what you all think. Based off these trends, we could see consolidation for the rest of the week, with the uptrend starting on Monday. Keep an eye on the formation as it develops. Looking for a 3...
TA on Cleveland Biolabs. This company is currently finalizing a merger agreement. Expect a lot of movement in the coming months. Looking at the July options, it appears something will be announced in June or early July. Price movement should be around 6x out of this. Company is leading in the treatment of ARS (acute radiation syndrome). Great add to the portfolio...
Quick little overview of Cielo Waste Solutions. This is a company thats paying off debt early, rapidly expanding, and receiving the funding to do so. Cielo is primed to make moves in the coming weeks. Longer term, this company will break $30 pps in the coming years, without question. This was originally discovered by a good friend of mine "PennyQueen", and it...
Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the...
After the semi let down from the ASM call, we are seeing great price action as a result of technicals and some great articles being written. One in particular calls out Tesla's interest in Auto-LiDAR. This positions MVIS very well, as a candidate. I call out the current trading trend, and the bigger trading trend that was confirmed today. Also bring notice to a...
Looking at our girl MVIS, what are we seeing? On the Daily chart, Logarithmic Scale (Thanks Brian Reeves @Gator Traders for catching this), we still see the Hidden Bullish Divergence! There is a channel that appears to be a slingshot for the price action, and we're working our way towards it. As we break down the chart in to intraday trading, there is possible...
Quick like TA on ETC. Looking at the technicals, we could see either sideways movement or slight down trend for the next couple days. This will allow the price to come back in alignment with the HMA20. I expect to get back on the $100 range in the days following the realignment with the HMA20. Fore more trading tips and investment ideas, visit...
BTC is respecting some historical retracement lines. RSI has been on a downtrend for some time. Accumulate or buy on the lows, for profit taking on these peaks, until the RSI returns to a Bullish trend in the coming months. Crypto is being traded 24/7 by bots, they are following trends and technicals, plane and simple. Learn to play the game. I’m more than happy...
DOGE just corrected 75% off of a historical trend. Kudos to those of you that were able to capitalize on the dip. I see this up trending for a few days before it bounces off the RSI down trend again (Hidden Bullish Divergence on weekly chart). If we continue to run sideways, we’ll see our next run up in less than a month. Continue to accumulate on the dips. This...
Expanding on what Brian from Gator Traders was sharing on his livestream from Friday. He’s a little under the weather, so figured best to get some more explanation out around what he noticed. Price action is respecting trends on a logarithmic scale for the Daily, Weekly, and even Monthly charts. Market in general still unsteady. MVIS could be impacted by money...
Doing a quick breakdown of what I’m seeing on NWBO. A good friend of mine, PennyQueen, has a knack for finding the diamond in the ruff when it comes to OTC stocks. This is one of them. She’s done some great DD on it, and the price appears to be finding it’s footing for another run. However, this is a longer hold...so expect to treat this as an investment and not a...
DOGE is signed up perfectly with multiple trend and retracement technicals. There’s a high probability we are back on the uptrend now. Signs of reversal on the RSI and price movement. Get ready for that $1 DOGE RUN!!!
Lots of good signs that we’re on an uptrend. Still a little nervous about the NASDAQ. Market seems to be on edge right now. However, Shorts are in the hole for almost $700M with no shares available to lend right now. Last time this occurred, we ran up to $28. Institutions and Hedge Funds bought only Call Options today, so let her rip.
Looking at multiple technicals and taking in to consideration the great info provided on the Earnings Call, the misinformation, and Shorts taking advantage of the situation. I hope to explain it all here. Please feel free to comment and let me know if I missed something. Appreciate the engagement and feedback. Cheers.