turtlebuster

turtlebuster

TA: It's a bit hidden from plain sight but on closer examination, you will see a rising wedge, which typically indicates a bearish reversal. The approximate price target is around $100 by the year's end. FA: Supply chain issues could put downward momentum on the stock price.

turtlebuster

TA: Looking bullish forming a pennant. FA: Trains are the vogue. 🚂🚃

turtlebuster

TA: The price broke through a multi-year resistance trend line which is bullish. FA: Regional banks are benefitting from the loose government spending.

turtlebuster

The nasdaq is unstoppable and if you think it's over bought you ain't seen nothing yet.

turtlebuster

DOCU is consolidating- albeit the price range is rather wide. You can see the areas where the Bulls want the price to go and where the bears want the price to go.

turtlebuster

Price action is getting tighter and tighter. Might see this one break to the upside soon. Fundamentals, autonomous vehicles are a matter of when not if.

turtlebuster

This cloud company needs to hire more accountants to handle those enormous cash flows. When Wall Street gets word that IBM returns to growth. The candle sticks this chart is going to make will leave non-hodlers envious. Technicals: 3 drives pattern.

turtlebuster

Technicals: DXY rallied out of a falling wedge pattern AND is making higher lows. Fundamentals: We have been sold a lie; the threat of hyperinflation makes for great news headlines but in reality the real enemy is deflation, hence the concerted efforts by the Federal Reserve and the government to boost spending. Will they be successful in staving off...

turtlebuster

Technical analysis shows consolidation. Fundamental analysis - this coming is at the forefront of the 5G revolution.

turtlebuster

Technically analyzing TWTR would probably give a headache to even the most seasoned of traders. However, I believe it is hard to argue that the trend is UP! Fundamentally, I am a sucker for this company. I believe Twitter's recent acquisitions like Revue and others will drive user growth. And with the forthcoming 5G rollout more people will be tweeting about...

turtlebuster

Have you ever seen one of those pictures that has 2 drawings in one and depending on your perspective the picture looks different? From the chart pattern you can see consolidation happening in 2 different directions. The price will not be able to stay within this range much longer as you can see from the highlighted area.

turtlebuster

The chart shows tight price consolidation with divergence*. The two arrows indicated possible price targets. *Divergence is when the asset price moves in the direction opposite to what a technical indicator indicates.

turtlebuster

These are typically bullish patterns but fundamentally, I don't see any near term catalysts to drive the price higher, albeit I don't know much about the company.

turtlebuster

The stock will rally once the price breaks past the pink line. Oil and gas will get more expensive as the demand continues to increase. Sure, people are driving less and working from home BUT the amount of construction projects going on is staggering, heavy trucks and equipment use A LOT of oil and gas. The demand is strong and the bull rally that started in...

turtlebuster

Looks good! Finding a base for the next push higher.

turtlebuster

In my last post I showed a bearish scenario. In this post I show how the price is consolidating between the two trend lines. It is set to move higher based on this TA.

turtlebuster

The bull run will continue with a price target of around $150. The yellow trend line is resistance. The orange trend line is support. I apologize for the scale, I did this on my phone.

turtlebuster

This may be a bearish pattern forming. Will be interesting to see if AMC can keep the momentum and rise higher but I don't think it will. I'm short AMC.