The yellow line is resistance. If the breaks breaks above it we could finally see the beginning of a new upward trend. TWTR stock price has sold off 44% since October. Fundamentals, investors always complained about poor user growth. Now user growth is strong. What excuse do they have now? This company makes money!
The next price movement for the index is uncertain, however, a triple top pattern has revealed itself in my eyes which could indicate an upcoming bearish move to the downside. Always predetermine risk and exit before placing a trade. Fundamentally, there is a lot of variables that could shake investors both with China and covid.
Technical, the dollar has been in a bull run for the year 2021 and looks set to continue in 2022. You can see from the chart a bullosh flag forming which usually results in continuation. Fundamental, despite the mass hysteria surrounding inflation and the fed printing money, the dollar continues to gain in value, not lose value. I believe US business is...
Consolidation is going to break. Looking for it to continue its downward trend. Always predetermine risk and exit.
Technical: falling wedge pattern. Wait for the a break and ride it to Valhalla. Fundamental: shib is a legit coin. Look at the number of businesses and exchanges getting behind it.
$GME is showing higher lows on the the RSI over the past several months. This could be a bullosh indicator but it's probably nothing. Also, I have a tendency to see things that are not actually there. Fundamentally, I think Gamestop will capitalize on the NFT boom and successfully integrate their business to an online marketplace.
Technical - NOK is forming a bullish flag which could lead to a price breakout. RSI looks good too. Fundamentals - NOKIA has a mission to be a leader in 5G technology with many patents. I remember reading that NOKIA was asked by AT&T to help them with their 5G rollout.
GOEV price has formed a very strong base and has begun to curl upwards from that base support indicating a potential price breakout. Fundamentally EV stocks have been more bullish over the last month.
My idea is for long term holders. Technical - IBM price has broken out of a downward sloping wedge pattern which is usually a bullish pattern. Fundamental - the hybrid cloud product will be a boon for the company.
I drew up one possible head and shoulders scenario. The volatility ahead is presenting an opportunity.
Technical - Just look at that support line. They don't come any stronger than that! Very good buying opportunity IMO. Fundamentals - between sports world and the crypto world and the political world so many different people are coming to twitter to stay informed. User growth is STRONG 💪 I'm keeping this stock for at least the next 10 years.
Check out that consolidation. The price is bound up with a lot pressure behind it. Look OUT for a break OUT.
Hang on to your seats. This ship is preparing for take off. The price has been consolidating within the outlined range over the past few months. But now the bulls and bears must decide. Higher or lower?
The price of TWTR is trading within a tighter and tighter range. I believe this could push the price higher.
The bitcoin bulls have driven the price up against resistance multiple times and are failing to break through (yellow line). The bitcoin bears are getting ready to go on the offensive and drive the price lower. God speed.
Twtr price is moving within a tighter and tighter trading range but how long can this continue? It's a matter of time before that pressure gets released. Will it get pushed higher? I'm betting that it will.
IBM price is quietly climbing higher. Years of price breakdown have finally led to a 2021 price breakout as highlighted by the green circle. My analysis shows some serious buying potential at these prices. Fundamentally, businesses are being forced to migrate operations onto the cloud in order to survive and IBMs hybrid alternative is set to be an...
This is a classic falling wedge pattern. The price is consolidating between two converging lines which will result in an eventual price breakout.