$AMC had a short lived Bullish run. What is next?NYSE:AMC
Chart - Daily
EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA.
TTM squeeze: All momentum is puff, gone. Squeezing downwards :(
Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77).
Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad!
Pattern: Falling Wedge or should I say Bearish Price Channel Continuation.
News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War.
History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.
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Danone S.A (BN.pa) bullish scenario:The technical figure Triangle can be found in the French company Danone S.A (BN.pa) at daily chart. Danone S.A. is a multinational food-products corporation based in Paris and founded in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States. As of 2018, Danone sold products in 120 markets, and had sales in 2018 of €24.65 billion. In the first half of 2018, 29% of sales came from specialized nutritional preparations, 19% came from branded bottled water, and 52% came from dairy and plant-based products. The Triangle has broken through the resistance line on 08/04/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 10 days towards 53.75 EUR. Your stop-loss order according to experts should be placed at 49.47 EUR if you decide to enter this position.
French food group Danone said on Tuesday that "all options are on the table" regarding its business in Russia and that there was no decision at this stage to exit the country. This was after a source close to the matter said Danone was looking at possible ways of withdrawing from Russia, as the West prepared new sanctions on Moscow after dead civilians were found lining the streets of a Ukrainian town seized from Russian invaders.The company earned about 5% of its revenues in Russia in 2021 and less than 1% in Ukraine.
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Novartis (NOVN.vx) bullish scenario:The technical figure Double Bottom can be found in the Swiss company Novartis International AG (NOVN.vx) at daily chart. Novartis International AG is a Swiss multinational pharmaceutical corporation. It is one of the largest pharmaceutical companies in the world. Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren), carbamazepine (Tegretol), valsartan (Diovan), imatinib mesylate (Gleevec/Glivec), cyclosporine (Neoral/Sandimmune), letrozole (Femara), methylphenidate (Ritalin), terbinafine (Lamisil), deferasirox (Exjade), and others. The Double Bottom has broken through the resistance line on 07/04/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 29 days towards 86.88 CHF. Your stop-loss order according to experts should be placed at 72.50 CHF if you decide to enter this position.
Novartis CEO Vas Narasimhan is continuing his shake-up of the giant Swiss drugmaker, announcing a corporate restructuring on Monday that the company says will simplify its organizational chart and bring more than $1 billion in annual savings.
Novartis AG NVS announced that the FDA has approved its kinase inhibitor, Vijoice (alpelisib), for the treatment of patients aged two years and above with severe manifestations of PIK3CA-Related Overgrowth Spectrum (“PROS”), requiring systemic therapy. Per the company, following the nod, Vijoice became the first FDA-approved therapy to treat PROS, which includes rare conditions where overgrowths and blood vessel anomalies occur.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Triple bottom on BLNKTake a look at BLNK.
What a resistance we have at $26, yes this is a "meme stock" but we do like BLNK here technically.
We are looking for a break and hold of that $26 level and in the short term will be taking profits at $27, $28, $29, and $30.
From there we will see. Economic conditions will still not be great for tickers like this to perform well on a longer time frame, but we will play the short moves with the cards we are dealt
$AMC UPDATEMemestocks have once again been showing growth and signs of strength - taking a look at $AMC we can identify since price formed a double bottom at the daily demand zone there is now a potential breakout and bullish continuation coming on the 1D TF - are we going to see another short squeeze
Takeaway (TKWY) bullish scenario:The technical figure Triangle can be found in the Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V. is a Dutch multinational online food ordering and delivery company based in Amsterdam, Netherlands. It is the parent company of brands including Takeaway.com, Just Eat, SkipTheDishes, Grubhub, and Menulog. Just Eat Takeaway operate various food ordering and delivery platforms, where customers can order food online from restaurants’ menus, and have it delivered by restaurant or company couriers directly to their home or workplace using an app or website. The Triangle has broken through the resistance line on 02/04/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 7 days towards 40.000 EUR. Your stop-loss order according to experts should be placed at 30.705 EUR if you decide to enter this position.
Just Eat Takeaway.com N.V. and McDonald's Corp have entered into a global strategic partnership to support the McDelivery business. The financial terms of the arrangement were not disclosed. Just Eat Takeaway.com's geographic coverage, food-delivery marketplace, and 500,000 couriers worldwide support its delivery partners, such as McDonald's. The partnership will elevate local partnerships between the parties, reducing complexity to innovate at scale and improve operational efficiency.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Shiba Inu: Double Bottom at PCZ of Bullish GartleyWe have tow bottoms at the .786 retrace PCZ of this Bullish Gartley with the addition of Bullish Divergence and if it plays out Shiba Inu could go absolutely insane as it has historically except this time there would be a tremendous technical argument as to why it does rather than it just being for the memes.
Moncler (MONC.mi) bearish scenario:The technical figure Pennant can be found in the Italian company Moncler (MONC.mi) at daily chart. Moncler is an Italian luxury fashion brand with French origin mostly known for its skiwear. The Pennant has broken through the support line on 02/04/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 6 days towards 46.860 EUR. Your stop loss order according to experts should be placed at 52.86 EUR if you decide to enter this position.
Moncler reported revenues that surpassed the 2-billion-euro mark, rising 44 percent compared with 1.4 billion euros in 2020, eight years after its initial public offering and through a global pandemic. Net profit climbed 37 percent to 411.4 million euros, compared with 300.4 million euros in 2020. Compared with 2019, it grew 14.7 percent from 358.7 million euros. The group also touted a free cash flow of 550.3 million euros, above pre-COVID-19 levels and compared to 195.5 million euros in 2020.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Gamestop weekly chart bullish or bearishLooking at Gamestop (GME) on the weekly charts I wanted to see where it is going in the long and short-term.
On the left side we see the massive rally in early 2021 hitting the all time high of $483 and pulling back to around $320.
Then in March and June we see to breakouts but failed attempts to take out new all time highs. You see the long upper wicks pulling back and holding support at $150
To the last couple weeks we also see the long upper wick and resistance at $200. The volume has also increased the last 2 weeks.
Price currently is overextended from the moving average so combined with the resistance and the bearish upper wick it does lean more to the bear side but $150 support needs to hold.
Although GME has gone on a bit of a breakout of late this weekly chart is leaning to more downside.
Three things I will be watching for are, one if the volume keeps increasing that is a great sign, two if $150 support holds and lastly I would need to see GME back above the strong $200 resistance for me to be confident in this for long term holds. For now I will play it short-term long and short.
AMC next leg up | Road to $100 a sharethis is what I believe the next leg could look like, I expect further sideways action as we hover above the daily 200 EMA. We could make another move up to $30 next week, again not financial advice just what I believe will happen next & wanted to share my thoughts. LFG APES
Meme PowerIf you're going to play any meme NOW, it is BBBY.
GME and AMC have run up to high resistance levels so if you didn't join early on, you're too late.
BBBY on the other hand, still has room to go.
Looking for closes on the hourly above 28, 31 ish areas and squeeze can commence.
Purely degen play. No point in charting other than resistance levels.
Cohen all over this as his next play. This may be the next (dare I say...) MOASS.
Do your own DD.
NFA.
Whole market is just on some drugs. Might as well join in on the fun if you like gambling lel.
In 04/01 30c
04/08 35c
Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha.
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Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it?
To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on...
Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed.
Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild!
Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon!
Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down.
Wherever the price goes from there idk yet! So we wait :)
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Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right.
Not financial advice as always.
Please feel free to donate some BTC or ETH as always.
BTC Address:
1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc
ETH Address: (ERC 20)
0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
Long The High Risk Psilocybin Mushroom Therapy Secular Bull RunNot looking for an immediate turn around because Macro-Market conditions and retail risk tolerance is severely negative right now. However, this sector has huge potential to be a bullish meme in years ahead. Think of getting into Pot Stocks 2.0 before the moon pumps
In 2018–19, the United States Food and Drug Administration (FDA) granted breakthrough therapy designation to facilitate further research for psilocybin in the possible treatment of depressive disorders. As of 2020, research on the use of psilocybin indicated it caused hallucinations with inability to establish reality from fantasy, panic reactions, and possible psychoses at high doses.
In November 2020, the U.S. state of Oregon legalized psilocybin for people age 21 and older, and decriminalized possession or use of psilocybin mushrooms for medical conditions, such as depression, anxiety, or PTSD.
Alphabet Inc. (GOOG) bullish scenario:The technical figure Triangle can be found in the US company Alphabet Inc. (GOOG) at daily chart. Alphabet Inc. is an American multinational technology conglomerate holding company. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta and Microsoft. The Triangle has broken through the resistance line on 10/03/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 2 815.67 USD. Your stop loss order according to experts should be placed at 2 517.22 USD if you decide to enter this position.
Google is in talks to buy cybersecurity consultancy Mandiant, which two years ago discovered the infamous SolarWinds hack, according to a person with knowledge of the discussion. A deal could bolster Google’s cloud computing business, which generates more than $19 billion annually but has been losing billions of dollars a year, and help it compete with bigger rival Microsoft, which also is reportedly interested in buying Mandiant.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
An observation on the 12-Hour SHIB Chart: Long Swing Trade*Extreme green candles are not recommended to open a trade on in a down-trend. Not all trades are successful. Do your own Due Diligence to maximize your success with this observation before making ANY trade. This is not financial advice; this is just an observation. Don't invest with currency you're not willing to lose*
Crypto Currency: SHIBUSD
Time Frame: 12-Hour
Main Chart: 5 EMA , 13 EMA , 20 SMA
Sub Charts: MACD , RSI 14 with 14 SMA line, Volume with 20-period average volume line
Main Chart Musts: 13 EMA Must cross over the 20 SMA . 12-Hour Candle body and lower wick Must be completely above the 13 EMA . Must exit position on ANY close under the 5 EMA .
Sub Chart Musts: MACD must be green. RSI must be relatively or recently over-sold near 30; or the RSI must be testing support on the mid-line (50), and the RSI must be above the RSI 14 SMA line. Volume must be relatively close to, or above, the 20-period average volume line.
Carrefour (CA.pa) bearish scenario:The technical figure Triangle can be found in the French company Carrefour (CA.pa) at daily chart . Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores, and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Triangle has broken through the support line on 08/03/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 15.755 EUR. Your stop loss order according to experts should be placed at 18.310 EUR if you decide to enter this position.
Carrefour it was confident about its turnaround after Europe's largest food retailer delivered record free cash flow of 1.23 billion euros ($1.40 billion) and a 7.7% rise in operating profit for 2021. On the back of these strong results Carrefour handed investors an 8% dividend hike to 0.52 euros per share and launched a new share buyback plan of 750 million euros for 2022. Cash is also key to the French food retailer's plans to step up digital commerce expansion without the extra financial resources that would have been on hand if two planned tie-ups last year had not failed - one with Canada's Couche-Tard and one with France's Auchan.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Boeing (BA) bearish scenario:The technical figure Descending Triangle can be found in the US company The Boeing Company (BA) at daily chart. The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is included in the Dow Jones Industrial Average. The Descending Triangle has broken through the support line on 05/03/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 17 days towards 150.00 USD. Your stop loss order according to experts should be placed at 223.23 USD if you decide to enter this position.
Boeing Co. has preliminary plans to boost production of its cash cow 737-family narrowbody to around 47 per month by the end of next year, as the U.S. planemaker looks to extend its recovery from successive crises, two people familiar with the matter said. After slashing production due mainly to the pandemic, Boeing and European rival Airbus SE are seeing more demand for their medium-haul passenger jets, with both planemakers adding eye-catching deals to their order books in recent weeks.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Consolidation Im gathering more shares at this low lvl today i think we will stay at this price lvl rest of today. (2.30 - 2.55 maybe 2.6ish)
#BBIG #notfinancialadvice
#AMC - YOU TRIED, BLESS YOU ALL...Enjoy. For the record, i said back in Dec2020/Jan2021, that this wouldn't end well for the simpletons thinking social media terms like "diamond hands" and "hold the line" ever would have worked out, and thanks to Evergrande (3333.HK) and Inflation, its NOW time for those little slogans to REALLY get tested.
Lets see how "diamond" your hands are soon, when you're wife is blowing your neighbour for a can of beans.
as i said....Enjoy...