ugly waves but can see the pattern throgh it. good chance of going down to 11600 by tomorrow. but RISKY. why? 1- this week is option expieries of the month so huge volatility expected. 2- in the big picture we needed a bit upward rest and the huge momentom that happend proved it. still in that momentum and big wales started to ad based on their Q3...
Chart is obvious. Technically strong buy. fundamentally analyse the ballence sheet yourself. Bull call spread for december loooks great with hedging.
TLT looks a good call for Jan 2022 both fundamentali and technicali. will go back to this chart on Jan 22.
SNAP has followed this pattern so far. just thought might be useful for a long way glance.
thats what I see. check with your strategy as well.
still in the upward channel. but short term does not look ready to brake the resistace with this RSI situation.
I see a lot of confirmation for short. Ready for the price candle confirmation to open position.
I tried the chart be as obvious as possible. pay attention and have this picture in your mind
!- technical is obvious: top of channel, then resistance line , then MA200 in daily as always. need volume. to reach targets fundamentals can help increasing volume: www.globenewswire.com pdf.reuters.com Targets clear on the chart. Seems worth having 5-10% of your portfolio if you have not yet
I am still short on SPY at least till bib 78% which is the resistance line as well. if we brake the resistance line then going to test fib 61.8% chart is clear with fibs, channels, fib replacements, MA50, HMA143
chart is obvious. pattern is well known.
Chart is clear. Elliott is completed. ready for targets on the chart
LK is technically potentially ready to rise. but fundamentally shit! So be careful but looks good to have some shit gold in portfolio sometimes.