AMD Had a great run so far. Made a lot of fanboys. Daily chart analysis. AMD has been in an uptrend since 2016 respecting the 200ema The trend started to see some weakness March – April 2021 when price started to close below 200 Price continued its move up but in sharp almost parabolic move with longer consolidation periods. Price has now found support at 100...
AMD Adding to an existing trade. Please see link below to original trade analysis: Daily chart analysis. Price broke thru the neckline since my last analysis. It has since pulled back in form of a bear flag. Price is looking to turn previous Support into Resistance. Once this is done, we will see Bears attack and push to make lower lows and confirm...
NIO Daily chart analysis Enter the matrix, this NIO is not the “one”. NIO had its fun moving upwards. The Uptrend started Jun.’20 at around 4.00 and continued moving upwards reaching 55.00 by Nov.’20 all while respecting the 50ema. By Dec.’20, price made a sharp drop and fell to 39. It was caught by 50ema where it rebounded, and price broke out and moved above...
BTCUSD The Last Chance Multi-timeframe analysis of BTCUSDT BTCUSDT has been deteriorating for some time now. FOMO and being down a bunch will blind your eyes. Weekly chart analysis April 27, 2020 was a great day. Price closed above the 50ema and stayed above it. The start of the continuation of BTCUSDT uptrend. The candlesticks were small above the 50ema,...
MARA Ugly chart. Looks like another one of these “pump and dump” chart MARA broke out and went into an Uptrend late Nov.’20. Price pumped from Mid 4s to 57.50 between Nov.’20 to Apr.’21 while being supported by 50ema Price then came crashing from 57.50 thru the 50ema and found support from 200ema and 20.00 area. Price from there bounce to previous highs of 57.50...
ZNGA After its Uptrend peaked Jan.’21, ZNGA entered a Distribution stage that saw price move sideways until end of July.’21. Price broke down from range and officially entered Downtrend Aug.’21. The down move saw price fall from 9.70 to 5.69. Early Jan.’22, price bounced on a gap move pullback up to high of 9.17. It failed to break back above 9.72 resistance...
ZM Zoom Zoom, it can’t go any faster downhill. A lot of money was made here during Covid for obvious reasons. The party is over and I’m sure many “Investors” aka bag holders are still holding on. ZM’s Uptrend took price from 71 all the way to about 589. From there price first broke down thru the 50 ema but found support from the 200ema. It bounced price back...
GME Game stopped. “Investors” aka bag holders holding on to hope not realizing what is low, can go lower. Multi timeframe analysis. Daily Chart Price is currently in the middle of a down moved. It is one lower low away from confirming major downtrend. Price is currently still under both 200 and 50 ema confirming bearish conditions. Price at 50ema 1HR...
ZNGA After its Uptrend peaked Jan.’21, ZNGA entered a Distribution stage that saw price move sideways until end of July.’21. Price broke down from range and officially entered Downtrend Aug.’21. The down move saw price fall from 9.70 to 5.69. Early Jan.’22, price bounced on a gap move pullback up to high of 9.17. It failed to break back above 9.72 resistance...
TSLA 7 green days of hope We seen a lot of deterioration of TSLA’s buyer strength since making ATHs back in early Nov.’21 After topping out near 1240, price fell and found support near 1002 area. Here it bounced several times until price broke down from support mid-Dec.’21 That breakout was deemed a “false breakout” after price quickly recovered and bounced...
TSLA Zapped TSLA started its uptrend respecting the 200ema on March 2020 and topped out Nov. 2021 Price has since been moving sideways. During this sideways move, price closed multiple times below the 200ema. This signals weakness and possible end to the uptrend. March 2022, price made a move to resistance consisting of multiple green days but failed to make...
AMC Ticket to nowhere That 7-day AMC pump to end May 2021 sure left behind a lot of blood. The last 300 days since that 7-day pump, price has been moving downwards in a large price channel. We have a death cross of 200 and 50 ema signaling the bearish conditions. Price is currently at resistance level of price channel Stochastic is overbought. The last two...
DKNG Daily Chart Analysis In existing downtrend Price was previously in descending triangle and broke down. Has pulled back to previous support looking to turn it into resistance. Entering trade short Entry: 22.42 Stop Loss: 24.83(-10.55%) Target: 12.00 or trail 20 ema Risk to reward Ratio: 4.41
This ARKK is sinking Continuation of uptrend started Mid to late April 2020 and it came to an end Feb. 2022 From there price made a very sharp drop to 107.50 area and attempted to make move up and made 1st lower high. Price then continued to move sideways and made a second attempt to higher prices and failed to make higher high. Nov 2021, price broke down from...
FFIE FFIE had its Dec. 2020 where it saw price make a parabolic move from 9.80 to topping out at 20.79. By March 2021, price came crashing all the way back down to 10.95 From there, price moves sideways all up to Aug. 2021 when price broke support. Price then pulled back to support turning it into resistance and started a downtrend. The death cross follow...
FCEL Quite the ugly chart. Your typical “pump and dump” chart. After moving side-ways for almost all of 2020, Price broke out Nov. ’20 and started its sharp uptrend pump This pump took price from 3.50 and peaked at 29.40s in Feb. ‘21 Price then came crashing down to 11.54 where it found support. Price went on to break down from this support and pulled back to it...
QQQ It never gets old…..the trend is your friend. Trade with the trend. QQQ saw the continuation of its uptrend start Apr.’20 when it closed and stayed above the 200 ema The uptrend started Apr.’20 came to an end Jan.’22 when closed it closed below the 200 ema During the uptrend we saw the following: 2 price consolidations that made higher lows and broke out...
History likes to repeat itself APPL ’08 vs APPL ‘22 Thought I compared the APPL chart from May’08 - Sept.’08 and the current chart from Dec.’21 – May’22 Almost Identical. Both charts were in an Uptrend respecting 20ema that peak with a double top pattern After breaking trend, both attempted to bounce but fail to make higher highs. Multiple fails created a...