we are right at the edge of a break in 2 ways one being the parallel channel the other is a resistance that is seen 2 other "the blue line" times pushing price down if we can confirm above this area on the daily our ultimate target the AUG highs of 11.70
I see GME as a great stock to swing trade and it has been trying to break the area it is currently on "where i have outlined with the blue box" for 4 days it may not seem as if its been in the same area that long because its a 15% range. which makes it great for day trading. If it closes above 16.80 I am targeting 19.50 if it comes back to 14.50 ni will then...
Bitcoin HAS 18 MONTH HIGHS so it seems only right RIOT should be @ 18 month highs for that to happen we need another 70% But...... we have only one obstacle left that is a weak high made in April 2023 @ 14.24 i believe we will test that by midday Monday and break it by Tuesday i expect to be above 15$ by Friday .... conservatively
The stock met my target and even surpassed it. It did so without any real hesitation after 105 I have drawn a trendline this is the top of the channel as i see it and it looks to be a point where we may run out of steam as you can see the 3d is oversold the daily has been oversold for a while. the minimum pullback/retest is marked on chart, but i would expect...
Just to the recent swing high is over 50%. The stock has retested to the.382 fib right now. We could see a deeper dip to the .618 but we do have a nice liquid area here at the 1.60 price range. The daily timeframe has the support of the 200ema and also has a crossover oversold stochastic. A good buy IMO
Tesla moves strongly it is good for 5% a day. Over the last 7 days it has confirmed support on the 200 day ma. It faces a resistance area 5% off of that 200 day line. Once it breaks this i have the next areas to watch outlined on chart
So 11.60 is a res area but nerd has formed a nice flag i belive it will break to the white line and beyond that is more upside if it returns to its march highs 90%
2 resistance areas both not very heavy 13.80 and 16.60
the current 11.60 is more significant than the next 2 @