hyperstocks

hyperstocks

Analysis done on hourly candles. The infamous Gamestop enjoyed its tenth consecutive day of a bullish rally to start off the week, placing its daily candle back above the 200 day moving average. This is a level that GME broke below in November of last year, and now that GME moved back above it you can use it as a support point. Going into tomorrow you’ll want the...

hyperstocks

Analysis done on daily candles. It was just less than a year ago that the infamous AMC short squeeze took place and markets were introduced to a phenomena called “meme stocks.” A group of savvy traders came together and found highly shorted companies and began spreading the word to buy them up in order to force bears to buy back position to close out. We saw this...

hyperstocks

Analysis done on daily candles. Markets posted their best performance in months last week following the Federal Reserve's announcement to officially raise interest rates by the expected amount of .25% to .50%. This was a number markets have been expecting since end of 2021 so it didn't come as a surprise, which also resulted in a relief rally leading into the...

hyperstocks

Analysis done on hourly candles. The recent rally from the crypto markets pushed ETH back above its 50 day moving average on the daily chart, which is now acting as a major support for the chart. Crypto markets and other other financial markets were selling off leading to the major Fed event about interest rates, but the event brought forth a reversal to the...

hyperstocks

Analysis done on 30 minute candles. The time has finally come for financial markets to face the event that we've been anticipating for months. On Tuesday and Wednesday we're expecting to hear from The Fed to confirm their interest rate hike, which has been in the talks since last November. Historically markets tend to throw a tantrum at a time of an interest rate...

hyperstocks

Analysis done on daily candles. The 2020-2021 markets brought forth a rally in many stocks that didn't deserve the valuations they rallied to so the recent months have been especially directed to correct those companies that were flying too high. The last couple years were mostly focused on a technical analysis and overall market hype, but the recent months have...

hyperstocks

Analysis done on hourly and daily candles. Modern day traders who joined markets after the Covid-19 crash often turn a blind eye to opportunities outside of technology and innovative sectors, but this is a mistake. One thing we know about Wall Street is that they don't like to let their capital sit, so when it comes out of one industry they often move it to...

hyperstocks

Analysis done on 30 minute and daily candles. Electric vehicle shares rallied today with NIO being one of the leading performers after their announcement to have a second listing on the Hong Kong Exchange. This is good news for investors because means the company will be able to bring in more capital from a new pool of investors. 2021 was a very tough year for NIO...

hyperstocks

Analysis done on hourly candles. It's the first weekend since the official invasion has started in Ukraine and investors are on the edge of their seats as they watch the events unfold. Markets learned about Russia's plan to invade months ago and they've been brought down to correction territory because of it, which proposes the question: is the official invasion...

hyperstocks

Analysis done on 30 minute candles. TTD experienced a gap down on the market decline today, but the stock managed to rally all day and form a massive bullish engulfing pattern on the daily chart. The big move was supported by an overall market bounce, so going into tomorrow and next week you want to gauge the overall market health and direction if you intend to...

hyperstocks

Analysis done on daily candles. Tesla has been one of the companies that suffered the most during this correction as it nearly got sliced in half from its all time highs. This has been the case with many companies that had questionable valuations in the recent years. From 2020-2021, Tesla's stock was at the forefront of the bull market, but their valuation was...

hyperstocks

Analysis done on daily candles. Crypto markets are facing another test from the political events around the world, but the overnight invasion didn't cause a severe drop in the major names like ETH. The coin is still trading above its January lows of 2150.00 so going forward that should be the main support in focus. The build up to the invasion started months ago...

hyperstocks

Analysis done on daily candles. Solana made a name for itself in 2021 by moving from a of basically pennies to highs of 260.00, but 2022 has been a different story for the alt-coin. The crypto market correction has taken names like SOL and cut them more than 50%, but even through this pull back, SOL is trading considerably high if you were an early mover into this...

hyperstocks

Analysis done on daily candles. Markets are bracing for a Russian invasion into Ukraine in the coming days, which is sending equity markets lower, but also providing opportunity in other sectors. In the last few weeks we've seen the high valuation stocks begin to correct themselves into reasonable prices, but we saw sectors that have been stagnant in the last 24...

hyperstocks

Analysis done on daily candles. The high tension environment our world has experienced this year is weighing down on assets like Bitcoin, which has caused a market crash in the crypto markets. With many names more than 50% from their highs, investors are desperately waiting for Bitcoin to gain traction again in order to feel confident to add and rally. Crypto and...

hyperstocks

Analysis done on daily candles. MATIC, or Polygon, has become a popular name in the crypto markets due to its heavy involvement in the NFT world. Web3 and the NFT market have provided new opportunities in the crypto market, MATIC is specific has attracted investments from names like Softbank and Sequoia capital. Polygon's use in the Ethereum network reduces the...

hyperstocks

Analysis done on daily candles. ADA is nearing all time lows as the market correction continues to sweep many alt-coins into "no man's land". ADA's upcoming support at .92 is critical to its health since its at all time lows. Many traders use these critical supports for stop loss purposes so if it was to break we may see strong selling come in. In terms of the...

hyperstocks

Analysis done on daily candles. Solana made a name for itself in 2021 by moving from a of basically pennies to highs of 260.00, but 2022 has been a different story for the alt-coin. The crypto market correction has taken names like SOL and cut them more than 50%, but even through this pull back, SOL is trading considerably high if you were an early mover into this...