$ALEX Alex's channel.... 45% retracement completed!NYSE:ALEX reached a height of $0.54 and has currently retraced 45% to its current level at 0.34
Two things can happen!
NYSE:ALEX can continue retracing to find a major support at $0.25 (perfect buy the dip opportunity) OR
#ALEX price action can bounce off its current channel support to find resistances: 0.42, 0.54 and possibly price discovery at 0.69, 0.82
THIS IS MY 100TH idea! Darm!
ALEX
$alex Alex decision point! Bullish continuation or retracement?NYSE:ALEX Alex price action has been on a tear for weeks and is currently printing a channel.
Current Price: 0.38
Decision point!
Will NYSE:ALEX continue to higher prices. Above Resistances:0.42, 0.48, 0.54, 0.60
Or is it time for Retracement? Bearish Divergence on the weekly timeframe.
Supports: 0.30, 0.25 0.20 (Dip buying opportunities)
$ALEX Alex Broadening WEdge....NYSE:ALEX ALex's price action has had a bullish thrust upwards... Following Bitcoin's Strength!
Price is currently forming a Broadening WEdge.
Current Price: 0.35
#ALEX Break down from Wedge will make for Buy the dip levels at supports: 0.3, 0.25, 0.20
A continues Thrust upwards will lead to resistances at 0.42 up to 0.62
PLTR - Rise to the Top of the ChannelHello everyone,
I hope you are all doing well!
In this analysis, we have are moving inside a huge channel and are currently at the bottom.
We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $31.
There is possibility of more bad news and break lower. The lowest point would be between $16 and $14 and from then on, we would rise back up to touch the channel once again and most likely break it.
Currently, only 3.43% of the shares are in profit. Think about how the BIG hedgies would react to being at a Loss, would they Sell or Doubble Down and Average Down their position? These prices are a steal to have for Long-Term investing and 96.57% are bought higher than you would buy now ;)
Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has not been any funadmental changes in the price to bring it down as much with the company, the investment funds are currently in Crypto, so that is why we have fallen so much. As soon as Crypto dies, the funds will flow back.
Thank you for the attention, I wish you an amazing Friday!
AUDUSD short is a goAUDUSD seems like its continuing its trend back down. After creating a lower low and a failing to create a new high, we can now expect AUDUSD to drop lower to around 0.70000. Currently I'm already in this pair as a bullish trendline is broken. Let's hope this drops quick with little consolidation.
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