This girl right here is almost touching the 1 day 200 EMA
I expect that it may break above the line a little bit during tomorrows trading session but ultimately i expect a gap down on earnings.
I am short
this is not financial advice
this is frey
Its a spac, wink wink
Every spac has been going up, sometimes as high as 40$-50$ then dumps to nothing
In this enviorment this can go to 1$ but my target is 11$
if it somehow pumps, Because there is some weird hidden divergence on an RSI chart.. I will sell into the strength. and diamond hands it back to reality ( this will change how long...
I have not been trading forex that long. I have been trading stocks many years
This looks like the ultimate short. But based purely on monetary policy wont this continue up? chart technical also show a move to like 150
im looking for everyones opinion
what i gather is the united states = more rate hikes
japan= no rate hikes, they like a low yen for exports,...
Whoa now Tesla, This chart is gnarly The parabolic arc took a few years, I expect the drop to also take a few years. There is a diamond at the top of a clear downward channel, we are under the 200 day EMA
Speculation but it also looks like we are on the right shoulder of a heads and shoulder formation.
The trade changes when the trade changes but for now...
I see a lot of people thinking the bull market is back on and I find that extremely difficult to believe
The nasdaq has seemed to completely change its trend direction over the past 8 months.
We are at 200 day EMA resistance in a clear downward channel.
Rate hikes, fed QT, bond yield inversion, recession.
Looking at heavily weighted stocks in the index I see...
Last weeks short position achieved massive gains when this ticker made a parabolic downside move from 23 to 14, accompanied with two trading halts
Now the chart is showing a textbook parabolic arc pattern. From base 3 to the top of 5 was a 100% gain
Once this breaks structure I feel we will have massive downsized gains
This stock is trading at 30 year highs, ...
This is Siga. If you view on a different chart this has formed a giant inverse head and shoulders on the monthly candle from 2011
From the bottom after re listing on the major exchanges ( it went otc pink back in the day)
Measuring from the bottom to the top of a multi year ascending wedge Then measuring again from the resistance of the wedge to the price...
SDC this stock has about 30% of its float Short hidden bullish divergence in the 30 minute and 1 hour timeframe suggests this will be making a parabolic move up
double bottom on the 1 year and we have covid19 prices
the risk to reward is just right for me looking for an exit above 10
Okay so basically everything on this chart tells me to sell this bad boy short down about 20$ per share at the moment
the 4 hr time frame looks like hidden bullish divergence
but the daily looks like shes about to turn over
there is a divergence with volume and the higher highs
RSI on the daily looks like in can climb more
we just have to see where this...
I have been watching this stock for some time
okay so i basically drew the downtrend and the down channel
take a peak Let me know your thoughts
spotting a downtrend reversal is my weakness!!!