Time for correction buyers double bottom formedTime for correction and this is the confirmation.
True for that drop from 22$ down back to mid 19$ of course a short retrace and then now going to finish up the correction.
If you bought the dip around $19.60 good hold it; if you haven’t buy it now before the pump occurs. this is what happens you see a double bottom confirmation in a same zone.
Tell you why solana will hit 30-45$.. 26$ confirmed the breakout and then started to drop to do a retrace fib and now 22$ confirmation for breakout so now double bottom has been witness that means the bulls will go up even more.
First target to hit is 22$ first and finish off the breakout; once that done then be on the way to 27-30$
If you think it’s a sell then please change mind because you can not miss with double bottom from the bulls.
Trade safe good luck and watch any reversals even if too short or short; even if going long.
Comments any I miss or your opinions because what I see is a solid buy , double bottom , bullish breakout confirmation. From 19$ we will see up to 30$ this month perhaps higher.
Buysignal
36$ or 13$ where solana will go20$ strong support zone.
We will expect the buyers pullback and break 26$ if happens then add more 10$ to hit 36$ to respect the bearish resistance.
If the pullback don’t happen then more drops will be coming bulls will have a problem of there strength. Right now good news came out for solana I think we should see a nice long buy from 20$ up to 35 break into 36$ to make a potential rejection sell off opportunities
BBBY in My Top Stock Picks for 2023BBBY Bed Bath & Beyond has the potential to become the next GME GameStop or AMC Entertainment.
Heavily shorted, analysts saying that the stock May Not Make It to 2023.
Perfect for a short squeeze.
BBBY Bed Bath & Beyond is one of My Top Stock Picks for 2023!
Looking at the options chain, i would buy the $3 strike price Calls with
2023-3-17 expiration date for about
$0.70 premium.
Looking forward to read your opinion about it.
SPB Spectrum Brands Holdings Options Ahead of EarningsLooking at the SPB Spectrum Brands Holdings options chain ahead of earnings , I would buy the $70 strike price Calls with
2023-7-21 expiration date for about
$6.60 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Theta/Usdt : Waiting for a good buyin 4H time frame We are waiting for the closing of the price and the bullish candle above the line, as well as the closing of the fast RSI above the 50 line .
In this case, the price can grow up to 5% in the spot .
Note: We will not enter into this transaction until fast RSI is closed above the 50 line
$LSTR is showing signs of moving higher from its cup and handle!Notes:
* Strong up trend on all time frames
* Good earnings track record QoQ with a few misses
* Basing for the past ~14 months
* Creating a cup and handle pattern on the weekly chart
* The handle pulled back to its 50 day line and used it as support
* It's now breaking out of the handle with higher than average volume on the weekly chart
* Offering an early entry along with a pocket pivot indicating institutional demand
Technicals:
* Sector: Industrials - Integrated Freight & Logistics
* Relative Strength vs. Sector: 1.75
* Relative Strength vs. SP500: 2.32
* U/D Ratio(50): 1.07
* U/D Ratio(15): 1.27
* Base Depth: 34.1%
* Distance from breakout buy point: -5.51%
* Volume 105.58% above its 15 day avg.
Trade Idea:
* You can enter now as it's just breaking out of its handle with higher than average volume
* If you're looking for a better entry you may find one around the 168.5 area as that could serve as intermediate support
Can $WSC make new ATHs?Notes:
* Strong up trend on all time frames
* Beating its revenue expectations consistently
* Breaking out of a ~11 week base
* Pulled back to its 50 day line and has been moving higher since
* Offering a low risk entry
* Creating a base on base pattern and pulled back to the highs of the previous base
* Showing recent accumulation
* It's creating a cup like pattern and may pull back after reaching the $49 area to create the handle.
Technicals:
* Sector: Industrials - Rental & Leasing Services
* Relative Strength vs. Sector: 1.27
* Relative Strength vs. SP500: 1.68
* U/D Ratio(50): 0.61
* U/D Ratio(15): 1.1
* Base Depth: 12.15%
* Distance from breakout buy point: -2.35%
* Volume -12.69% below its 15 day avg.
Trade Idea:
* You can enter now as it's still moving higher, close to its 50 day line and offering a low risk entry around a support level.
* If you're looking for a better entry you may find one around the 47.6 area or the 46.9 area.