Nike (NKE) broke above its Falling Wedge, which based on the huge rally since October, is the technical bull flag pattern for a bullish continuation. The very same break-out was seen on July 29 2020. Both sequences formed Inverse Head and Shoulders patterns and 1D Golden Crosses. Even the RSI formations are identical. The 2020 one targeted the 2.0 Fibonacci...
Will Sage breakout of its 817 resistance, which has held for almost 5 years?
April has been positive, in fact the BEST MONTH, 16 of last 20 years & has an avg 2.5%! The orange line coincidentally is around 2.5%! We've sold TVC:VIX puts further out into May :) Have a ton of $ reserved for that trade. Easier 2c neg divergence on 4Hr vs positive on TVC:VIX #stocks
1Yr is still holding better than 2yr & 10Yr IMO Still look like they're fighting to bottom, HOWEVER, TVC:TNX has a history of breaking current support level. Monthly RSI looks 2b weakening. While in theory falling #yield is good for #TECH it historically has NOT been good for #stocks
Bias: SPY gapping over resistance into a void, boosted on positive CPI data. QQQ less bullish with some junk before the void. Will be patient to see if CPI numbers hold up market or if it was just a pop and drop. Top Watches: Long - MU, PLTR, AFRM, INMD, RBLX. Short - AAL. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me...
CPI at 5% is lower than the expected 5.2%, while the core CPI at 5.6% meets expectations. Today's market trend is entirely driven by news, so it is recommended to buy on dips during the day.
MY opinion is clearly on chart i wait to see bearish signs for short trigger good luck
🔶 The Bitcoin Dominance (BTC marketcap / total crypto marketcap) has reached its highest value in nearly two years 🔶 Predicted in previous BTC.D analysis: 🔶 Alts been underperforming BTC in 2023 🔶 BTC.D goes down, BTC stable or up = altseason 🔶 BTC.D goes up, BTC up, alts bleed against BTC 🔶 Both BTC and BTC.D are on critical resistances, be careful!
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The recent logo change following Elon Musk 's acquisition of Twitter has definitely affected the price of both Twitter and Dogecoin. But...
U missed the move A really good move don't go chasing at these prices would be my suggestion #cramer is named the inverse oracle for very good record His track of wrong calls is outstanding!!! :)
NFL strong buy for 140. must have it for quick gain
Carvana may have reached a bottom and may skyrocket in my prediction at least as far as HKEX:400 per share. Stay tuned!
As the market awaits tonight’s US inflation data, investors continue to anticipate further easing in price levels, with year-on-year readings in March dropping from 6.0% to 5.2%. Meanwhile, the greenback weakened against other major currencies. EUR/USD climbed 51 pips to 1.0910, and GBP/USD advanced 43 pips to 1.2424. AUD/USD added 13 pips to 0.6650. The Bank of...
Foot Locker - 30d expiry - We look to Sell at 46.97 (stop at 49.97) Trading has been mixed and volatile. 47 continues to hold back the bulls. 47.22 has been pivotal. Bespoke resistance is located at 47. Preferred trade is to sell into rallies. The medium term bias is neutral. Our profit targets will be 40.02 and 39.02 Resistance: 42.06 / 43.00 /...
The latest US GDP growth was 2.7% for Q4 2022. Unemployment rate is 3.4% in January 2023. Annual inflation rate is 6.4% in January. Fed Fund Rates is 4.50%-4.75% and climbing. Manufacturing and Industrials are struggling, but not bad. Yearly retail sales minted at 6.4% in January. The Fed Rate Monitor is showing an increase for a 0.25% at a 74.50%...
Bias: SPY slightly gapping into a void up to 412, should be bullish up to that point. QQQ not as bullish at the moment but a much better void over resistance at 321 Top Watches: Long - MARA, AMC, RIOT. Short - FRO, ADTN, SNOW. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely...
#TSMC - Warren sells! We sell! Target 60.00 USD Geopolitical tensions play a role in Warren Buffett's decision to reduce Berkshire Hathaway's investment in Taiwan Semiconductor Manufacturing Co (#TSMC). Berkshire Hathaway had reduced its stake in the microchip maker by nearly HKEX:4 billion in the fourth quarter. #China considers #Taiwan a province and has...
In my most recent GALA post I talked about the massive triangle that GALA is currently trading in. My expectation was that we'd go down to retest the bottom support and reversed from there. In my view, we're likely to see a bounce towards the top resistance. If BTC will stay bullish/neutral, we might see a break out of the triangle pattern. Will come back to...