SHOP is going to check trendline and RSI oversold zone.
SPOT is going to check demand zone and RSI oversold zone until November. Target 197$
one year has passed exactly, time for another 10 percent correction!
Apple is the most influential part of the SPX index. It will encourage, help the SPX index to decide for the major correction. Now SPX and VIX has slight breakout.
We need big red candle with small wick and we will get bearish evening start candlestick pattern for confirmation.
I think that for each trade we should fill in the table
We should be better guided by an older and more reliable RSI trendline if we find one (along with the price trendline, parallel channel, or other price models we have. In this case we have main price trendline and the yellow channel), than the price trendline and other price patterns alone, without RSI trendline.
Position: long Enter: green candle above main trendline 3,15$ Stop loss: candle below the main trendline 2,95$ First target: falling broadening wedge upper line 3,45$
If the price does not defeat the middle line resistance of red channel, it will be a good opportunity to check a intersection point of yellow channel upper line and green support line until 2022
Possibly we will not defeat the line of resistance (76,38$). We will check this line, break the yellow channel bottom line and main trendline, then fall down to check the red falling wedge upper line. Enter: big red candle with small wick, below the main trendline. Stop loss: big green candle with small wick above (76,38$) support/resistance line. Target: crossing...
Delta variant is spreading, maybe correction of the whole market begins, Vix and SPX breakout
We have RSI trendline support, 200 ema support, price is on support line, in Fibonacci golden zone (the price usually bounces off the 0,5 or 0,618 levels). Descending broadening wedge is bullish pattern.
What is a good stock analysis and how it should look like you would like to follow the expert who created that analysis? How to find a good one? The more followers, ideas, likes or rating points an expert has on trading analysis platform? How about a number of ideas? If you do some work, you can start badly but with each day, your experience increases, and in...
I improved and updated my previous "GME Puzzle Solved!" analysis. it was not very clear. First target: yellow channel middle line Second target: supply zone (282$) Third target: blue channel upper line Stop loss: candle below the yellow or blue channel bottom line If you look at the MACD lines you will see that it is going to break out.
Usoil is ready to breakout from red channel. We can see a big green candle with small wick.
Uxin is ready to break out from descending broadening wedge. Question to which side. We have RSI trendline resistance, but strong price trendline up support.
We have green candle confirmation on current support line. Target: yellow channel upper line (2360$). Stop loss: yellow channel middle line 2238$
In my opinion, for long position: confirmation candle above broadening wedge upper line. For short position: confirmation candle bellow nearest support line