Silverbullet121

Silverbullet121

QQQ is showing signs of distribution on daily with 3 days out of 14 with higher counts above MA. Has a lower low candle. Usually will confirmed if it matches a higher low next or it tank further. Cash!

Silverbullet121

Be highly cautious because distribution can be seen with a gravestone candle and much higher volume. The probability of a major correction is in the cards as Bitcoin is now retracing a well.

Silverbullet121

Watching BABA whether you like it or not based on fundamentals it stinks but technically it wants to break the resistance barrier 78.23 soon.

Silverbullet121

High probability short win. If Litium price is an indication of demand for EVs, then most EVs Co revenue will fall. NASDAQ:LI $XPEV. My thesis. DYDD

Silverbullet121

Looking at the RSI, it appears to be weakening. See the downward slope trend. A bit more leg and then it may have a major retracement once leadership names are falling.

Silverbullet121

Looking at Thermofisher breaking out of a 15 month or so wedge which is strong. Look to target 672.34 as a first stop and see if it breaks the resistance. GO!

Silverbullet121

OK so the bulls are stronger and caused RSI to crossover the RSI-MA Line. Not sure how long it will run. Amazing.

Silverbullet121

Miss this big time. Seems like rotation to non tech sector. I was watching but too impatient as the earlier movement were small gains. Don't chase let it cool off. Let the 8 EMA catch up. Check my X post as Vwapp88.

Silverbullet121

With higher lows after bouncing off the bottom, looks like it's emerging. To watch. Fundamentals need to improve first.

Silverbullet121

Looking at the previous price pattern, it appears that similar pattern has appeared recently and when it hits the demand zone, it goes straight up. Let's monitor this. Super long if history repeats itself.

Silverbullet121

Note the two zones where NASDAQ:ARM is bouncing around. Getting lower sell point as it reaches the sell or supply zone which means sellers are drying up.

Silverbullet121

After a strong surge pulling away from 8 EMA on daily. The magnetic pulling effect brought down the price however still far from it's 8 EMA. Looking at hourly chart, it appears to have landed on 50 EMA in yellow. However, RSI still weak. Hasn't cross its MA. More room to fall?

Silverbullet121

The 8EMA magnetic pull is strong making price to come near the 8 EMA. Noticed the equally high volume with a big red candle is a warning too.

Silverbullet121

Lower RSI and falling and failed to cross the RSI MA on hourly chart. Higher probability of a retracement due to strong run up.

Silverbullet121

BITSTAMP:BTCUSD showing signs of a bull trap. Lower RSI against higher price. See last peak and where RSI is. SELL OR SHORT! DYDD.

Silverbullet121 Updated 

After a strong run up for BITSTAMP:BTCUSD , the big red candle is a sign of whales dumping! As it tries to recover, the RSI hasn't cross the Moving Average RSI line. The higher the strong run up the higher the probability of profit taking! SELL! DYDD

Silverbullet121

CANSLIM trading principle sells when price goes out of channel, to high above 8EMA natural tendency to return to "earth". 😄😆

Silverbullet121

I like NYSE:EVR 5 month uptrend Mark Minervivi 's criteria I. Spotting maket leader. Strong fundamentals and forecasts.