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After making some folks a lot of money and a lot of hype following, SHIB has cooled off. Daily Chart Analysis After breaking out of an ascending triangle, SHIB made a 180% move in 5 days topping out at 0.00008880. From there we saw a series of lower highs into support level @ 4845. In Nov ’21, it broke down from support, pulled back and turned support into...

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ZNGA – After being in an uptrend that stretched from Feb. ’19 thru Feb. ’21, Price entered a Distribution Phase supported by 9.86 level. Price broke down from this level in Aug. ’21 and a Death Cross further confirmed the bearish market. Price then entered a downtrend respecting 50ema. Price has bounce off 50ema. Entering trade with stoploss just above 50ema. ...

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Daily - Long term uptrend respecting 200ema Price entered Accumulation Phase ranging side-ways between Sept. ’20 – Jul. ’21 finding Support @ $74 and Resistance @ $94. Price breaks out end of Jul. ’20 to high of $122 then pulls back in form of a Bull Flag. Price then finds Support from 50ema where it bounces and continues Uptrend. Price has now proven to have...

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This one is a fun one. Daily and 15min chart review. On daily you can see classic cup and handle. Price broke out from neckline and pulled back to neckline looking to turn previous resistance into support. Also has respect from 200 ema. On the 15min, you see the pullback is still "pulling" back as downtrend has yet to be broken. We did get 2 price rejections at...

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If you missed out on buying the bottom @ $135, you have an entry on a beautiful breakout from an Accumulation stage. Now we have small candles with little momentum at the end of a pullback with an "oversold" stochastic. Price should hold 50ema and start new uptrend. Entry: Current price Stop: Trailing 50ema Exit: Trailing 50ema

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4HR chart analysis Price has been in a descending triangle with multiple tops. On 12/14/21, price breaks down creating shorting play. Price suddenly reverses and makes a sharp move back into the descending triangle. Here we have our 1st Price rejection of lower prices making the initial breakdown from descending triangle a “false” breakdown. From here, price...

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SBUX Daily chart analysis We are currently still in a long-term uptrend respecting the 200ema. Price was in an Uptrend channel between April 2020 – August 2021. Price broke out of the channel and went into what looks like a correction channel that is has been respecting end of August 2021 – December 2021. Price had a false breakout early December to only fall...

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Daily chart analysis SBUX. After a sharp move down, Price is currently overextended from it moving averages. Stochastic is in oversold status Inverted hammer yesterday at support area and today it looks like we will be finishing as a doji. This is my entry signal. Will look at smaller time frame for entry Looking to take swing trade to 116 15 min Chart...

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5 min Chart analysis Day trade idea NKE ranging between 147-150. Price broke out and pulled back to support. This is my entry. Entry: 151.70 Stop loss: 149.70 Target: trail 10ema

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Nasdaq with the unexpected retest of the bottom of the price channel. Surprising the moving averages did not catch price and prevented it from falling back down to bottom of channel again. This was a sharp move down and hopefully we start to see small reversal candles at support or buyers come in and have a strong bounce off support. Last line of support. Its been...

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NASDAQ in a beautiful channel. Currently, price is at the bottom of channel and stochastic in oversold area. The dip was a Christmas gift . Buy and buy with confidence. Always have those stop-losses in place. Happy holidays.

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On monthly chart, In price channel between $40 and $83 with a mid-range support/resistance level of $61.50. Brice broke out of channel in 12/2020 just to break back into it on 08/2021. We are now at the mid-rang level of $61.50. Will look into the lower timeframe to see if there is an opportunity to enter at this 61.50 level. 1HR chart Price is still in...

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After Breakout min Nov, Price peak @ 5.50 lost momentum with previous highs as seen in price divergence with MACD . This was followed by Double Top and break of Uptrend Trendline. Price dipped to 2.61 and pulled back to 4.00 were buyers were fully rejected by Moving avgs. Sellers flexing strength. Price looks to continue move downwards and retest support @ 2.50

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Daily Chart: Breakout out of its previous consolidation phase, NASDAQ went on a run between 11/24/20 thru 2/17/21 peaking at almost 14200.00 for All-time highs. During that move, price respected the 10EMA before breaking down on 2/19/21. From its peak, price has fallen as low as 12% from the all-time highs. A Support area has been established around 13000 with...

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Analysis: Daily Chart- After long downtrend, price went on a sideways market between 2.67-4.77 lasting 771 days. On 1/28/21, price made a strong move north breaking past Resistance Area of 4.77. There is currently a Golden Cross further exhibiting the buyer strength. Price has remained above resistance and has formed a Bullish Pennant pattern with higher lows...

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Daily Chart: Here I will look at the overall picture of this stock and identify what stage the market is in. This will determine whether I will be Long, Short, or staying out of the trade. The Picture is clear as day, we are currently in an Uptrend. After a lengthy Downtrend, the stock went into an Accumulation and broke out upwards on 12/21/2020. Price has since...

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Daily Chart Analysis: After a lengthy continuation of a downtrend lasting around 525 days, ENLC entered an Accumulation Phase between 0.87-4.44 that lasted around 338 days. The bulls really flashed their strength during this sideways phase. To start, once finding its low point at 0.87, price goes into a descending triangle. Despite the bearish pattern (especially...

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Analysis: Daily chart – After an extensive downtrend, price goes into a descending wedge where it bottoms out at 0.97. This descending triangle lasted 1811 days before breaking out in Jan. 2021. Due to the length of time the price was in wedge, this break to the top is very significant. There is also a divergence between the Wedge's trendline and the MACD...