USDJPYIs CHRUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 150.
What you guys think of it?
Rsibounce
PLTR Buying Opportunity, 52 Week RSI Bounce Incoming. How's it going fellow investors. I don't know about you guys but something I love to do during downtime is looking for buying opportunities like this across the markets. I feel pretty solid about this projection, and hope that you find it helpful. As you can see we have been in a sell off since the week off Nov. 1st (EMA Crossed). Their most recent earnings report reported last week contributed significantly to this down trend as well as they missed their earnings and shares fell 15%. Here are the specifics if you missed it. "Earnings per share (EPS): 2 cents, adjusted vs. 4 cents estimated, according to a Refinitiv survey of analysts" and "Revenue: $433 million vs. $418 million estimated, according to Refinitiv"
I believe we are going to see a lot of buying pressure and resistance at the 10 dollar level and will likely catalyst off of news or their earnings call in May (Exact date has not been confirmed yet).
Let me know what your thoughts are, or any other stock ideas you may have. I love to hear other people's ideas.