Following a massive head and shoulders forming, the SPY has seemingly found a bottom. Watching closely for a potential bullish reversal here as there has been quite a clear shift in momentum the past few days. The SPY is forming an inverse head and shoulders on the hourly timeframe (Not Pictured, while also forming a massive bullish harmonic pattern as well as a...
CRM holding quite a big falling wedge here on its daily chart after closing Friday reclaiming the 50-Day SMA. CRM is currently sitting on its 50-Day SMA as well as the .786 FIB level, which also happens to fall right on a major RSI-Based Supply level. CRM additionally has multiple gaps on the upside to fill. Bullish on CRM long-term and will be watching closely...
SE has seemingly found a bottom here as buyers step in. SE is currently sitting right on a big RSI-Based supply level after reclaiming its 20-day EMA. Will be watching SE closely for a breakout here as it has also formed a bullish ABCD harmonic pattern formed on the daily timeframe (Not Pictured). Additionally, SE is holding quite a large falling wedge on the...
SQ catching my eye here after finally picking up some momentum after taking a beating along with the rest of the fintech stocks of the likes of UPST ROKU AFRM PYPL etc. However, with buyers stepping in and reclaiming the 50-day EMA, will certainly be eyeing SQ in the coming weeks for another leg up. Buyer volume is steadily increasing relative to seller volume,...
ENPH looking really nice heading into earnings here. After getting beaten down below the 200-Day SMA where it's previously found support, ENPH just reclaimed the 20-Day EMA & is currently sitting on the 20-Day SMA. Big falling wedge on the daily timeframe and massive hidden bullish divergence on the weekly timeframe (Not Pictured). RSI is finally starting to...
TSLA is currently at a make-or-break spot heading into earnings after hours today. Currently sitting right on its 200-day EMA and is testing a long-term uptrend line. Additionally has some bearish hidden divergence on the RSI. However, big bullish cypher formed and buyer volume is picking back up. Will be watching this one closely- Just some support and resistance...
Keeping a close eye on DIS here as it's still holding a big symmetrical triangle with a big gap to fill on the upside after selling off after earnings. MACD cross and some slight hidden bullish divergence on the RSI on the 4-Hour timeframe (Not Pictured). With buyer volume should really pop- Will be looking for a breakout from this triangle (Broader Markets...
Nice falling wedge on CAT here along with some slight bullish divergence on the RSI. Will be watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Definitely worth noting that CAT is a relatively slow mover so likely will be a longer-term play. Bullish- just some support and resistance levels and some RSI-based supply and...
NET starting to catch my eye here after holding this falling wedge for quite some time now. Seemingly has found some support as it closed on the daily timeframe sitting right on its 200-Day EMA. Bullish and will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and...
Will be watching GS closely for a breakout here (broader market conditions permitting). Solid close yesterday after reclaiming the 200-day SMA as well as forming a falling wedge on the 1-hour, 2-hour, and 4-hour timeframes. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish...
ARKK catching my eye here, in somewhat of a make or break spot- Will be watching closely for a breakout from this symmetrical triangle, Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish and looking for a breakout from this triangle - Inverse Head and Shoulders Formed (Not...
FVRR starting to look really nice here- confirmed double bottom off support, bullish ABCD harmonic formed (Not Pictured), along with a strong close on Friday to reclaim the 50-day SMA. Along with the symmetrical triangle its been holding on the daily timeframe is additionally is holding a massive falling wedge on the weekly timeframe (See Attached Chart Below)-...
Big falling wedge here on GPS- Will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime - Bullish - EMA's Converging- Closed on Friday reclaiming the 50-day EMA - Hidden Divergence (Bullish) on the...
CHWY really catching eye here, big falling wedge on the daily timeframe and finally starting to break out of a long downtrend it has been holding for quite some time. Bullish and will be looking for a breakout from this wedge- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime - Reclaimed...
Big symmetrical triangle forming on MS here, personally am bullish and will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - EMAs starting to curl upwards - Slight hidden bullish divergence on the RSI - Buyer volume picking up...
BTC/USD is keeping traders nervous into Saturday, data from Cointelegraph Markets Pro and TradingView shows, deciding on the fate of $60,000 support.The level had proven the first major area of buyer interest overnight after old all-time highs at $64,900 failed to prop up the market. While analysts remain bullish on longer timeframes, the comedown is creating an...
SE is looking quite nice here, been watching this one for a while- will be looking for a breakout from this pennant (broader market conditions permitting). Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on- Bullish - Clean hammer & bounced right off the 20-day EMA on the 4-hour timeframe, other EMA's starting to...
Just posting a quick update as ROKU is still looking very interesting here- Double top played out as expected- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge ( bullish ) - RSI in...