Riot is trading in a picture perfect elliot wave. Has a few gaps to fill below and should finish off the correction phase.
daily looks like it topped. long wick with a lot of volume. if it breaks support intra-day at 61.48 there are a lot of gaps to fill below. short term bearish but long-term bullish on elliot wave formation
NVDA broke support yesterday. Tried to reclaim that support today and failed. Measured PT 385. Daily rsi bearish divergence and gaps to fill below. Descending triangle. Lmk your thoughts?
F has bounced off this 11.14 several times. Cannot seem to get much off this spot. Do you see strong support or a wall that keeps getting hit and eventually breaks? I see it breaking support and filling the gaps below. an entry below $6 in the future may be a good zone to buy. Thoughts?
IMO I think PYPL is coming down to fill these gaps prior to its big runup. Lous gap at 45.04 and smaller gap at 33.64. My PT of this descending triangle also lines up pretty close to the final gap fill. That said, is PYPL a buy at $33? Your thought are welcome.
Bullish on Mara long-term. Looks like wycoff which already had its spring at 5.20. Had a false break of the uptrend line with loud volume. Will see if it makes it back up to 18.88 to test ultimate resistance. Also has a gap at 7.21. What are your thoughts on this chart and TA
Looks like a possible elliot wave formation with a short term rally to fill the upper gaps before essentially coming down to fill the lower gaps. looking to load up around $7
Looks like a picture perfect elliot wave forming for MARA on the daily. Possible correction phase currently and looking for entry around $30 for next leg and final 5th wave up. Let me know what you think.
I feel like a lot will be told tomorrow for which way NIO will go. Drew a few different possible trends and a still possible head and shoulders formation. This thing also formed a double bottom support so I do not know what to think. I think we will learn real quick which direction it will go. I have a hard time believing a head and shoulders formation will take...
Looking to get a good entry to go long on NIO. Looks like a possible head and shoulders formation. Also early in the downtrend. Hoping to get in at $36. Guess we will see how this thing pans out. Any feedback on my analysis would be helpful. New to trading. Thanks.
Pretty much a rookie when it comes to trading. But to me this looks like a textbook cup and handle forming. Am I wrong? Any feedback welcome.