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Macdivergence

Price Movement Here is my Tesla price movement based on technical analysis. Based on this analysis, I can see the stock price nearing $600 a share or lower by Friday. First, based on the latest three 3hr candles you can see that the price has maxed out at $650. $650 may be the top for Tesla before it tumbles down. Also Bollinger bands are about to cross at the top of the chart initiating a sell signal. RSI is irrelevant in my opinion due to the nature of this stocks fluctuation, however I included it for those who are interested in that piece. MACD is key in this play, it looks as if it will start to trend down. Meaning that bullish strength is weakening. This is a bold claim to make about a very difficult stock to predict, however I am 2 for 3 on my bold claims. ( See AAPL, BABA, and ROKU publications ) Comment your bold prediction below. Love the support from everyone. Thank You!
NASDAQ:TSLAShort
by Myantman101
6
Shorting Watch Party Tesla is due for a major correction but there could be quite some time until that happens. I am looking at the weekly candle for this analysis and I still see room for growth. Bollinger bands have not given a sell signal yet. RSI is capable of going much higher, and MACD shows room for growth. Once I get a sell signal on the weekly. I will be shorting Tesla's correction. I will be updating this daily. ( days the market is open ) and constantly updating the weekly candle chart and as soon as I get a sell signal, I will be shorting.
NASDAQ:TSLAShort
by Myantman101
14
Almost A BuyAfter an earnings defeat, Zoom is almost a buy again. There are many indicators that explain why I believe it still has room to fall. I see Zoom hitting or nearing a previous low of $366. Here are the indicators that support my thesis. MACD: Shows weakening bull strength giving the bears more opportunity to take over as the stock continues to trend down. Divergence+: Shows no sign of bearish divergence and I believe the stock still has room to fall before retesting a new support Bollinger Bands: Show that the stock is still at a strong buying point, but trending downward which supports the value to decrease Kurotoga Cloud: With the candles just falling below the cloud, which shows support and resistance, we can see that a bear cycle is about to start. Once MACD starts to trend up and bullish divergence grows, I will be buying in.
NASDAQ:ZMLong
by Myantman101
3
#GOLD - 1H - What price doesn't reveal. BARRICK GOLD CORPORATION. Sometimes, price doesn't reveal all the information that the markets might tell. And then, we have to recur to other indicators like volume and hidden divergences. In this case, we can observe that GOLD (company and metal as well too) have suffered a big hit after or in consequence of US Elections. Down almost -23% since November 6th. From November 11th to November 24th, the price continued falling but this time, MACD formed ascending minimums. This type of correlation is known as bullish divergences (See pink arrows). Also, if we take a look at volume, there's a MASSIVE amount of operations on November 25th . This type of volume hasn't been seen since March when GOLD started its bullish rally. The most curious about this session is that this volume took place in a tiny candle with almost none price variation and really near to support. This could be a clear sign of consolidation. On the other side, GOLD (Metal) is showing signs that bears are no longer in control and price suddenly stopped at USD 1.800 per Oz. We might spect lateralization with high volume over the next sessions. Then, once the price breaks USD 23.5, we can confirm our hypothesis and open a long position.
NYSE:GOLDLong
by aoberninger
BABA Dip Buy Blink WinAlibaba should dip at the open on Wednesday based on the Bollinger Bands, and MACD. However if you look at bearish volume on the MACD you can see it declining. We are getting set up for upward potential. We are far from the moving average and resistance according to the Kurutoga cloud. Moving average is $271 while resistance is $282. These are accurate but Alibaba has the potential to outperform these numbers in the coming weeks. I look to Triple my BABA Call position during the dip tomorrow. IF THERE IS ONE. My predictions are just predictions, I am not an expert. I have been doing well though if you look at my past work. You will see my big wins and fails. Having a great time trading and I am very impressed with all the feedback I received on my first post about BABA. Follow for more and share your thoughts in the comments. I will update those following on my position. MEGA profits ahead of us!
NYSE:BABALong
by Myantman101
UBER Over Bought UBER is extremely overbought. Here is a breakdown of the technical indicators and my plan. With an RSI of 91.04 for the last 14 two hour candles it's a given that UBER is madly overbought. However, Bollinger bands have not crossed in a downward direction giving a sell signal, and the MACD shows some room to grow still. Unless the downward curve happens during the first two hours of Mondays open. This stock remains on my watchlist and I will most likely be shorting once I get a sell signal on both the Bollinger Bands and MACD.
NYSE:UBERShort
by Myantman101