Exactly at 11$ zone ; solana has completed and bottomed. Support is strong of that area. 1HR-4HR chart showed accumulation, breakout confirmation. Solana is ready to skyrocket; billionaires has been buying solana in a same area a lot, the buy volume don’t lie. 11$ area BUY IT NOW 2023-2024 Target 500$ - highest target reach is 1000$
Can this #chinese listed stock climb? #pdd displaying an inverted head & shoulders Neckline 72.00 Overhead Objective 120
If history is any guide... It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them. I have been wrong 100 times with this one! I just don't want to be 100 + 1! This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses... Please do your own...
The bottom formation is confirmed with rising Accumulation/Distribution and a nice, controlled base at the low. This is evidence of a Dark Pool Buy Zone, aka accumulation zone, where bargain hunting has occurred. But a bottom formation is a sideways pattern first, before it becomes a sustained uptrend. Resistance overhead is strong, so swing traders should be...
Every time I'm in doubt, I zoom out. The 10 year yield has been Consolidating in a channel for a while and it broke down and now is back in the channel. This is telling me rates may run up to at least the top of the channel around 3%. This will put pressure on the tech sector and high growth stocks. I believe the best place to be in this markets, is either out or...
Bottomed, accumulated, made higher lows With strong previous earnings we can expect pre-earnings rally Next earnings -Nov,2 Next resistance - 39, 43
DIA dumped hard after an all time high on the 5th of may in 2021. When BTC dumps, most altcoins dump too and it even dipped to the all time low a few weeks ago. Even though there are equal highs getting rejected by a resistance zone from the beginning of 2021, there are higher lows indicating upward price pressure. Some would call it an ascending triangle. Gaining...
Is Bitcoin a good barometer for the broader market? The chart laid out above suggests this is a possibility - and indeed, it would make a lot of sense, considering how risk tends to peak prior to tactical and cyclical corrections in the stock market, and Bitcoin is broadly considered to be a risk asset. Note how the 2017 macro top in BTC foretold a top in the...
Kraft Heinz chart screaming "buy our dips" ! This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with...
ACB, APHA, CGC, CRON, GTBIF, TLRY are in my Cannabis watchlist. I am bullish on APHA and GTBIF. MJ is a more conservative approach to capture the gain with limited downside risk. Ladder buy within the demand zone. Set the stop loss 10% to 15% below the demand zone for the swing to intermediate setup.
XLNX had a sudden Inverted V Topping Formation during the summer of 2019, but has recently filled the gap down and is moving up to a bottom completion.
INTU is completing a very short-term bottom formation, and moved up on strong volume. The all time high is well above the price for a Swing Trade run on momentum.
CSCO has been struggling with a weaker short-term bottom formation that has gapped several times to form Island Gaps. CSCO recently failed to break to the upside against weak to moderate resistance above the current price. The reason is that the giant Buy Side Institutions are not quietly accumulating CSCO at this time.
KR is working on completing a long-term bottom formation. The recent compression of price may result in a breakout with momentum.
MRO is forming an intermediate-term bottom formation that is slowly improving.
FTV has quickly developed a bottom formation even while High Frequency Traders attempt to run the stock down further. Hidden Dark Pool Quiet Accumulation is moving price upward.
CERN is working on completing an intermediate-term bottom formation to resume an uptrend. Resistance is weak at this bottom completion level.