About meI am not a registered investment advisor and do not offer investment advice & recommendation. My posts are not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified license professional.
Nobody knows how the market will move tomorrow but it is possible Tuesday was the bottom, and to end wave 5. We could possibly see ABC correction or consolidation next if bullish channel (blue) does not hold.
1. Price could break key level 3965 and track new up channel (blue), more bullish move with a possible bigger correction ahead.
2. Price gets...
JMIA 2-4 Week Horizon
Price is trading at 21ema area and seems to be holding. Stochastics is at an oversold level ready for a bullish move. Price seems to be about ending wave 4 and by theory should reverse around the 38.2% Fibonacci level. As long as 54.15 support holds we could see a move up in price and a possible wave 5.
MACD lines pointing down and...
GM 1-4 Week Horizon
Price seems to be consolidating to a flag pattern, could mean price may go on either direction.
Price is currently at the 21ema area and seems to be holding. This area also happens to be 61.8% Fibonacci. Stochastics are at oversold level, all good signs for bulls.
There seems to be a strong resistance at 57...
EBAY 1-3 Week Horizon
Price has been on a bull run for the past few months. It first created bearish channel (blue) and a new bullish channel (green). It broke the bearish channel (blue), retested it and gapped up. It gapped up enough to break bullish channel (green) . It is now forming a bull flag just above the bullish channel (green) and it might retest...
FUV 1-2 week horizon
A good risk to reward ratio.
The past couple of cycles, price action has been respecting 21ema. We have support at 25.54 which is also around the 21ema. MACD is pointing down but stochastics is at an oversold level. Stop loss just below support at 24.61.
I am not a registered investment professional. These are just my opinion...
NET 1-3 week horizon
Price currently going down, moving within a bullish channel. Entry zone is at bottom of channel which is also near the 50ema and 77 support. Stop loss just below support at 74.90. A potential reward of 29% (mid target) and risk at 4.5%.
I am not a registered investment advisor and do not offer investment advice and recommendation....
AAPL 1-2 Week Horizon
Price is currently trading at channel bottom ready for a bullish move. 134 support seems to be holding fine. MACD is still pointing down and stochastics is tapering up at 20 level (my borderline to break to be considered oversold). Target at 146 - 154 area stop loss just below support at 132.
I am not a registered investment...
PLUG 1-3 Week Horizon
Reward 40% / Risk 7%
Seem like price action has been consolidating, forming a symmetrical triangle which means it could go up or down. My bias is on a bullish move because; the sideways price action was after a bullish move. Stochastics on the daily is at an oversold level, 21ema and 61.6 support seems to be holding.
Entry at the buy...
DDOG 1-3 week horizon
Reward Potential 13% - 21% | Risk 5.5%
DDOG has been on a bullish channel for the past 2-3 months (green) however the last month or two, it seems to have created a new more aggressive bullish channel (blue). Key level to break around 124 area, just above the original bull channel (green) upper boundary, once this level breaks new blue...
SFIX 1-3 week horizon
It seems like we just finished wave 4 and price currently pivoting for a wave 5 move. Price currently at the bottom channel and 61.8% fib area and 21ema which seems to be holding.
MACD lines pointing down but histogram suggest bears longing momentum. Stochastics is at oversold level ready for a move up.
I am not a...
XPEV 1-3 week horizon
I see 2 channels forming. Channel #1 main channels seems suggest bearish movement. Channel #2 (green) suggest bullish trend.
Price action seems to be respecting channel #2 boundaries suggesting a bullish trend. Price currently at the bottom boundary of bullish channel, we will have to see if it holds.
Buy zone at 47.71 - 44.40 area and...
HD 2-4+ Week horizon
I see 2 channels on this chart. A main downward trend channel (blue) and the past month or two price action bounced from the 200ema and seems to have created a new upward channel (purple).
For the 2nd time now, price action seems to be respecting the purple uptrend channel and hopefully it will remain this way for the next couple of weeks....
EBAY 1-2 week horizon
Around a month ago, price action broke downward channel (blue) and creating a new bullish channel (green). We have support at 54.87 but MACD overall is bullish but lines are kissing pointing down and stochastics are not yet at oversold levels. There is a chance that 54.87 support will break and with this I am anticipating price to go down...
NIO, 1-2 week horizon
NIO has been trading in a bullish channel. A major channel in green and secondary channel in purple.
Price broke off secondary channel about a month or two ago but has been respecting the major channel. Currently at the top outer boundary of secondary channel which is also acting as support. If this holds, we may be seeing more upward...
CHWY, 1-2 Week Horizon
Price action is on its pullback move 3 quarters of the way down before touching channel support. There is a good chance that price action will continue lower around bottom channel support area and 61.8% fib before it pivots up for a bullish move.
MACD lines pointing down and stochastics pointing down but near oversold levels.
GE, 1-2 week horizon
GE has been trading in a channel for the past month or two.
1. Price currently near the bottom channel support and if it holds, we might be looking for another bullish move.
2. The bottom channel support is quite close to the 50ema which means that there is a chance that price could break thru channel support but bounces up at the 50ema....
1-2 week time frame
UBER is currently trading on an upward channel. Price action is at a pullback approaching bottom channel support. Price may still move lower al little bit touching 61.8% fib area. A good area to enter long.
MACD lines seems to be pointing down and stochastics is about to hit oversold levels, as we anticipate a little more downward...
1-2 Week Horizon
Price action for the past month or two has been respecting the 21ema, a good sign of bullish movement. Price just touched our buy zone however MACD lines are pointing down and histogram shows down momentum not letting up while stochastics just touched oversold level but still has a little more room to move down. Although price action is...