Look at the RSI. Also here is an update on some charts I have done in the past. I still have a $1500 high coming and a $1300 low in gold. Atleast what the chart has given me so far. The pullback typically happens toward the end of the year. We will see. -Coach Reevs
Check it out! -Coach Reeves
Here you can see how the seesaw may unfold. Geometry! Cheers -Coach Reeves
We all know it is coming. To chart the pattern of the crisis look to the incoming 5g technology deadlines. 2020 is the deadline. Go back to 3/4 g deadlines and upgrades. 3g=1999-2000. 4g=208-2009. Look it all up and do the math. Everything is at the top in terms of the market. Commodities are coming off bottoms. How hard is this to see? Not hard unless you are blind.
Will Nio bounce off the parallel lines or fall?
You can see this is confirmation of a much bigger play. JUST LOOK AT IT AND ENJOY!
I love love love setups like this. What you see here is a classic symmetrical breakout from a classic cup and handle. Each with time frames of significance. Of course the more powerful move will be the Symmetrical triangle. The cup and handle however should give us our initial bottom trend line for this bull run set up. I drew an imaginary line to give and...
Earlier this year I posted charts showing this cup and handle before it broke out from the bottom of the cup. Keep in mind I apply basic charting patterns. Here we have the classic cup and handle play with a classic bottom trend line. Based on the current Huge play on gold this is where we should see gold find its major resistance. I will show you what i did when...
When charting oil it becomes very clear that the symmetrical triangle has formed. I have been saying this all year long. I expect big moves in both directions in the markets as volatility continues its treacherous path. Let us see how this huge pattern plays out. Patterns that are produced over longer periods of time tend to bare more weight and strength in...
Early this year I made this chart after the 40% cliff fall from $10. Now that these parallel lines have been breached I look for the rebound above those lines. As far As I am concerned this stock is dead until then. I also would like to point out the overwhelming bullish sentiment in the community. Usually this is a heavy indicator for more downward movement. ...
Clearly we can see here where the trend lines cross. If we were looking at this from a typical breakout emotional pattern chart, we could simply say we are moving into the next breakout. You can also clearly see there has been a shift in the pattern as it jumped back to the long term upward trend line. Even though this looks really good I still expect major...
I try to keep everything as basic and from a technical charting stand point. I look for short long and mid term patterns. All though the setups are not 100% confirmed they are showing great potential. The current setup is an Ascending Triangle which then leads to a Cup. This Long term repeating trend is very interesting. Based on my personal view the upside of...
From a Basic mid-long term technical chart Doge is in position for a EOY Cup and handle breakout. This is how I am playing Doge Coin as of right now. Watch out for the false breakout to complete the cup and fall into a handle.