MEME
Next Stop, Shortsville!CLOV has been a failed meme ever since it was pumped to death nearly a month ago. There is no price action, volume or any chance of this bouncing. It would take another combined effort for everyone to pump this garbage back up into the double-digit range. CLOV can't even test the current downtrend resistance line no big fish wants to touch this garbage
AAPL - BULLISH ASCENDING TRI?Looking to follow APPL closer here 3 outcome all bullish (without some crazy market crash). Looks to be a large bullish ascending triangle overall.
Buy the uptrend sell the top until we can break out would be my suggest. If SPY hits where I think it might around 230s maybe less (there is a rising wedge still on SPY despite bullish outlook today).
Will update later.
KIRK - KIRKLANDS LONG TERM UPTRENDAll,
I think we see a big bounce here on Kirklands. Long term up trend support + horizontal support and brokend downtrend with just one more to go. Even a short term option play should pan out to $26 range. Looking for 30+ just have to see. Market as always needs to be on the same side.
HAPP - ABOUT TO BE HAPPENINGNo there is nothign wrong with this stock its a typical bio downtrend. I think this is due for a massssssssive move.
I actually rarely pay much attention to indicators regardless how many I have / most the time zoomed in double clicked in just using volume etc. However, to find end of long term downtrends they can be extremely useful on these.
Bollinger Bands (40 day and 14 day overalapping on bottom)
RSI dead on all time frames
Factors:
-Float 16M when this moves it will move even bigger
-Cash to Debt 18 RATIO. They are not at all hurting for cash in fact did direct offering also. Cash is without a doubt good for future far as I can tell.
-Postitive news / Ecommerce etc. I think it pops VERY similar to WNW
AMC - DUAL PATTERN IDENTIFIED NOW - DIAMOND TOP AND SYM TRIANGLEAll,
I think we now know the correct AMC pattern part of the thing is trying to figure out what exactly is the supply and demand on these or really any stocks over time. I think we are leaving a diamond top into the larger sym triangle which I guess overall people can call a pennant etc.
AMC - PART 4 - LOL 62-65 PT EOW All,
I think AMC is just bouncing around for now in a rectangle, that being said it actually appears this next test up at 64-65 in theory should break. Regardless we broke out of the wedge so I think we see 62-65 end of week. Obviously this can change given the mindblowing "shorts"
SHIBUSDT (Shiba Inu) - Coin of the Week Shiba Inu coin was developed under the pseudonym "Ryoshi" in August 2020. The charming attractiveness of the meme currency, combined with articles and Tweets from celebrities like Elon Musk and Vitalik Buterin, drew in a community of investors, quickly increasing its speed and value. Shiba Inu aimed to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm.
Technically, Shiba Inu created a new low on the 12th of June. After that we saw a move to the upside that was sharp and then a very deep retracement. Now the price is consolidating for the next move up. We give a higher probability for the price going higher than falling to retest the low, although we should not exclude that option either.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
W - WAYFAIR DIAMOND TOP? 240-260s?All,
Don't get me wrong I love Wayfair, but I have to play both sides. I think this is forming a diamond top here and could crack out the bottom. However, it is a weekly cahrt It think it may bounce up one more time before cracking below. Let me know your thoughts. Diamond tops are tough.
Will update later.
SPY going below 413 could cause these stocks to drop further/faster than normal
ABNB - WHERE THE HATERS AT? LOOKING FOR 160PT - ASCEND TRIANGLE
All,
ABNB looks good as I previously compared was indentical to BMBL on wave 2 big buy would have big returns and it did. Only question does it break out the top of this ascend triangle here or bounce down one more wave in pattern off trend then break. Need to see next week.
Outside factors:
-Obviously DJ/SPY tanking is never good for companies overall.
-Breaking below 2nd yellow uptrend (in pink would be a small put position for $10 150 to 150) Do not think this is likely at all though
VTGN **ON HIGH ALERT** SEE PDSB
All,
I think you see some erie similarities and the extreme HL aka bullish moves and could form ascend bullish triangle here. Earnings is June 29th being bio may or may not matter more than likely nuetral. Regardless solid setup here either way if it pops here and holds the ascend tri / a fall I believe would just set up for the exact same thing which wold be a wider volatile ascend tri as well. Definitely worth watching.
1000x Doge Easy StrategyThis buy and sell strategy is intended for long term investment specifically for Dogecoin. It is intended for the Dogecoin trader to find easy entry points in to this volatile asset. It is recommended to also follow Elon Musk on twitter so you can find the supreme entry timings for pure moon profit.
The MEME LivesDogecoin (DOGE) developed a significant bullish divergence signal with the MACD indicator. The bullish MACD divergence signals a potential reversal in the price of Dogecoin. This is a strong bullish reversal signal and is supported by multiple other technical factors that can revive DOGE.
MACD Bullish Divergence
On the daily chart, DOGE's price has made a lower low, but the MACD histogram has printed a higher low. This is a sign that the downside momentum is fading. The MACD divergence puts some doubts on the bearish side and may signal a possible change in the trend direction.
200-Day Moving Average
The 200-day moving average aligns perfectly with the current swing low of $0.16 to provide further support for the bullish case scenario. We know that all prices above the 200-day moving average are considered bullish.
The 200-day moving average also has confluence with the $0.15 support level, adding more weight to this price zone.
Looking Ahead: On the upside, the bulls need to overcome the big psychological number $0.30, which is a key resistance level. At the same time, the MACD histogram along with the MACD's moving average need to cross above the zero levels to provide the needed bullish momentum for DOGE.
TSLA PUT PLAY (IF IT FAILS) HUGE GAIN 460SAll,
Pretty obvious what happens when TSLA hits this downward trend. I will be buying PUTS .. IF!!!
1) it clearly loses buying pressure
2) no positive news
3) selling pressure
4) BREAK of previous high
Any of these not occuring and it finally/somehow breaks it there will be a massive bull run at least 740+ afterwards in which I will be bullish.