Chartinganalysis
Classic Charting - Be ready to make your move.Simple,
What is the best best indicator? The chart its self.
Then its up to you! I like to use nothing but RSI, fib, Gann, and type "Theory's and techniques and no, I am not a Gann wizard. Its just cool to use some off his techniques if you can.
Honestly I read Candice Brown more than anything. Trade on the side for fun.
RSI Divergence, support and resistance.
1 Year Target for LI: $65Right now, my current 1 year target as a conservative estimate for Li Automotive is $65. That being said, I think this will continue getting momentum and garnishing higher support levels. Many analyst are bullish as well. As always, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
RKT: Still Expect More Support LevelsBelieve it or not, I still expect RKT to receive higher support levels than it currently has. Overall, I'm projecting a long w/ a potential 1 year target of at least $50 w/ stable growth correlations. That is highly conservative. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
Long Entry for CSIQ: Next Wedge Confirmed?Right now for the next wedge target, I think that CSIQ is a long entry. It looks like it is finally going to gain some positive support levels and have a reversal of the recent bearishness. I think it is ready for the next wedge, and that a $38 PT target is feasible. That being said, please proceed with caution. Do your own due diligence and invest at your own risk.
XAU/USD Next Target Post-Dip $2050Right now for the gold spot, it has went to the price of $2010 which is a bullish rise from many previous predictions last quarter. Today at nearly 0.45% down, it is likely a dip because I think the next target should easily be $2050. That being said, please keep in mind everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. Proceed w/ caution.
Hoping for Continued Support Levels: US30Right now for the US30, I'm hoping for some continued support levels. Historically, this done well as a long hold, and I think now might be a somewhat decent mid-risk entry point. I feel like the bullishness also got some ways to continue. As always, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence.
Chart TemplateSpent some time rethinking how I can markup the chart on multiple time frames. Avoiding Red and Green for bias, since old supply can become new demandn and vice versa. The goal was to minimize number of colors I need and relly on line style and weight. And utilizing higlight shades for key areas of interests.
I hope others can find this useful.
CLDR: Ready for even another higher growth wedge?CLDR is in the packaged software sector and focusing on data engineering and analytical solutions. Currently, when looking at what they have, you easily see sector and demand growth. Also, the sentiment is bullish likely pushing this to another much larger positive wedge. I think this may be a decent bet for a long hold. The way they have grown over the years in the heart of Silicon Valley also makes me quite hopeful. As always, this is on an opinion based basis. Invest at your own risk and pursue your own due diligence.