turtlebuster

turtlebuster

It took months for this stock to finally pop. Congrats to those who held.

turtlebuster

Checkout the falling megaphone. This is bullish. You can see the price is breaking out above resistance.

turtlebuster

Twitter is trading at support, get it before its gone.

turtlebuster

Nikola has formed a strong base to support the current price and there is very little in the way of resistance. While this stock will chop it has only one way to go from here, up.

turtlebuster

You can see from the chart somewhat of a fractal forming. Price support looks weak. Further price resistance looks strong.

turtlebuster

The daily chart shows a rising wedge pattern which could result in a sharp price break down.

turtlebuster

IN MY OPINION, the momentum is BULLISH! Look for TWTR to finish a strong in 2021! Fundamentals, 5G mobile and increasingly digital world will drive growth.

turtlebuster

My technical assessment shows price consolidation between 2 descending lines. This is a bullish pattern which means the S&P500 could make a big drop because it moves inversely to the VIX.

turtlebuster Updated 

I am technical purist and believe the whole story can be found by looking at the chart -- contrary to the messages you see in the media and contrary to the prices you see in the stores, DXY is trending up! The US dollar is gaining strength. More recently, DXY bears failed to make new lows and now the bulls are in control. DXY is set to go higher.

turtlebuster

My assessment shows BTC price momemtum is DOWNWARD. The price is under consolidation with the bears currently taking control and will likely continue to drive the price lower. For long term hodlers the price of BTC really shouldn't matter to you but if your time horizon for trading is anything less than 2 years, well, I would be analyzing which way the momentum...

turtlebuster

Volatile price action. Momentum points UP. My idea is that why the volatile price moves shake out weak hands to prevent them from riding the price up.

turtlebuster

Price consolidation is almost complete. Will the bears or bulls take control?

turtlebuster

Let's hope I'm wrong

turtlebuster

I read on investopedia that when prices reaches new highs on falling volume, watch out; a reversal might be taking shape. Also I read that ascending triangles can result in reversals approximately 25% of the time. The other problem is that ascending triangles normally form over a period of a few weeks up to about 90 days. I would wait a few days after the...

turtlebuster

TSLA could continue in a downward trend if the price fails to breakout above the current level. You can see a downward sloping resistance trendline (albeit not perfect). If the price falls and get rejected at current levels the bears could take control and drive the price to a support area around $520. I experimented with the Elliot Impulse Wave. Trading...

turtlebuster

Watch for a break above resistance

turtlebuster

AAPL price is trading within an rising channel. I am looking for the price to either breakout about resistance or get rejected and breakdown.

turtlebuster

A falling wedge is when the prices consolidates between two coverging downward slope trendlines patternswizard.com You can see the support line forming inside the green circle. The price could breakout of the wedge. The entry and target are posted in the graph. Trade with predefined risk. Cut your losses. And systematically take profits. No luck in trading.