After finally retracing, the lithium sector is starting to look ready to breakout with buyers starting to step in. Watching LAC & PLL closely here as both are holding massive falling wedges, however, PLL is seemingly forming an ascending triangle as well on its weekly timeframe (See Attached Chart Below). Additionally, PLL is holding the same falling wedge on the...
After holding a long downtrend since the beginning of 2022, GOOG is finally looking ready to breakout here as Google is approaching the end of a nice falling wedge, testing the 20-day EMA while also hovering at a weekly low, heading into earnings. Bollinger bands are squeezing (Not Pictured), a bullish shark harmonic pattern, and a MACD golden cross have formed...
Eyeing DAVA here after closing last week reclaiming its respective 50-day EMA. DAVA's been holding a massive falling wedge on both the daily and weekly timeframe. This is accompanied with its Bollinger bands squeezing on the weekly timeframe and a Bullish Cypher Harmonic Pattern as it heads into earnings. Additionally, on the daily timeframe DAVA is holding the...
Just posting a quick update on LAC here as it appears to be setting up again for another leg up. I played both previous run-ups when it was setting up very similarly to how it is now. Big falling wedge on the daily timeframe, clean bounce off the $19.04 support level, some bullish hidden divergence on the RSI, and a MACD golden cross on the 4-Hour Timeframe (Not...
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,...
Watching NVDA closely here- a bit wary of big tech at the moment, however, NVDA is setting up quite nicely holding a big falling wedge. Bollinger bands are starting to squeeze (Not Pictured), slight bullish hidden divergence on the RSI & MACD golden cross on the 4-Hour timeframe (See Attached Chart Below). Lastly, looks like NVDA went to try & reclaim the 50-day...
Been a while since I've posted an update on ETH, however, frankly looking like it's ready for another leg up after pulling back after forming a bearish ABCD harmonic pattern- Big symmetrical triangle on the hourly timeframe (See Attached Chart Below), as well as a bullish falling wedge on the 4-hour timeframe. Additionally reclaimed the 20-day EMA (Not Pictured)...