Bottoms Up?NGL this is optimistic, but there is a pattern here, the last time we bounced off this line was 21st September. A similar pattern can be seen before, which went straight into a bull run. TA has been pretty tough these past months so this is my first idea published for a while, its for fun and not financial advice.
The markets need a lot of hype right now, this works into the governments hands for pushing the CBDC's, without the crypto hype, it will be harder for the governments to convince people to move into digital crypto world. Fingers crossed we just hit the bottom of the bear run. If not, sorry folks. Was trying to spread some HOPIUM..... xx
Bottomsup
UPST retracement - Publishing my own idea, come to own conclusions.
Fibonnacci says it's retraced and MACD and RSI are near bottom. CCI is at a low and doubt going lower. CCI with other indicators are best to buy at bottom or crossing 0.
UPST earnings a year ago was positive and now $0.60 for QTR, reported revenue is up 3x from a year ago and only double from $125.
Good entry point to not worry about, but fun enough to watch. Too many panic around earnings looking at all the red and green spikes.
Lithium Batteries - Pure PlayLIACF has been bottomed from 2016 high and recovering from long legs with room to go.
* Volume spike 2 days now
* Trend line broken in heavy volume
* Lithium demand for electic battery storage LIACF TSLA NYSE:NAV