As promised, here’s an update on Bitcoin. support of $47,500 broke and its slightly under the 200 day now, getting a little bearish. Looking more likely we touch 40,000 to begin the head and shoulders formation. If it drops to 40,000 then get ready to buy that dip and ride it up to $52,000 and take profit there to see if it can break that resistance. It is...
Set your limit buy to $570-580 folks. Time to load up on Netflix soon for some bounce play. Netflix took a double top bearish drawdown and it’s a falling knife, with the 20 day crossing the 50 it’s still bearish and could drop more, but there is support soon. RSI 34. Today we could see my buy zone with the fed interest rates. Buy the dip! Like and follow...
Bitcoin is consolidating in a range here $47,500-50,000 and will be ready soon. The support at $47,500 is strong. You can actually see a cup base building out here. This is the bottom and I see a big reversal coming. If it breaks above the 20 day at $53,000 you better move out of its way. Downside risk at $40k, if we drop down to 40k then get ready for a...
Costco made a classic buy the uptrend support on Friday. With that boost this looks really good and ready for breakout again for another big run. All indicators are bullish. If Monday holds that $550 support and breakout above $561 it will continue to run. High trend breaking ATH with RSI 66. Explosive, one of my favorite setups. If you want a slow moving...
$GME made a bottom reversal on Friday to close at $159. That bottom looks like it’s behind us. I want to see it at least break the 5 day at $166.67, which I think where it’ll try tomorrow Monday. So it is not quite ready for a full reversal just yet. It has not broken the downtrend yet and the death cross is close. Like and follow for more, comment if you...
Apple is trading at overbought territory but it does not look like it’ll fall much. It has the most bullish chart of them all. It’ll take alot to make this fall. You’ll see it trade in a small range to consolidate. Puts could work at these prices but remember to switch back to long near $167.50-170. $AAPL Like and follow for more
Facebook will trade in a range for a few more days at $320-$332 before going on a bull run so get in near the bottom for a swing. The 5 day trend is high. RSI at 50 which I like. Target price $347. If you agree with me then follow me for more, also give this a like! Thanks
Amazon chart looks bullish, just want one more dip to minimize the risk and the stop. The trend line is up and the 20 day looking for the reversal. RSI looking nicely at 50. Gap fill happens at $3435 so get as close as possible. If you agree with my analysis then follow me for more, and give this a like, thank you
Todays price action confirmed the reversal from bottom. It closed near intraday high. As long as it doesn’t drop back under the 20 day, which I don’t think it will, then it’s looking good for a big swing to break $270 then to $285 then to the moon $ROKU If you agree then follow me for more, and give this a like
It’s consolidating between $19 and 20.50 for awhile. It’s indecisive right now but going long looks more likely with the 50 and 100 trend continuing on a bullish track. Lots of support below. RSI current 59 with 50 also a support. Momentum is good. Risk even if it drops it won’t be much. So look for the breakout above $20.50 with high volume. Breakdown...
It broke the 20 day convincingly today and stayed mostly near the intraday high. Reversing the trend to bullish. RSI right at 57 with a lot more upward momentum to go. RSI support at 50 so buy any dips you see. We are going to break ATH before end of year. If you agree with my analysis then follow me for more, and give it a like. Thanks
It met resistance today and dropped immediately. Trading between the 5 and 20 ma all day. The moving average is to be respected. Support at 27.50 looks good. It came back from the pivot there and the 5 day will reverse and hold at $29.50. Looking for a breakout above $32, coming soon. $AMC If you agree with my analysis then follow me for more, and give it a...
It hit the floor along with SPY last week and with the rising 5 day and 20 trend about to reverse. This will pop back up really soon. RSI 39 with 50 resistance that it needs to break, momentum is currently on its side. Current support at $148. Buy and keep adding on any dips you see. This is a big swing position. $DIS If you agree with my analysis then follow...
Roblox failed to breakout of $130 multiple times and dropped back under $120. It tried twice to recover above $120 and failed. It’s showing weakness and holding near the 50 day line. If $110 doesn’t hold then it will fall, which I believe it will very soon. Short any rips. Go long near 92. $RBLX If you like this then follow and give me a like, thanks!
Apple is still bullish on a swing. Today’s drop put it at a prime RSI entry 63, with high trend and momentum. But of course SPY is bearish so there’s some risk of it coming down to $156 if spy drops to the 100 day. There’s no better chart than this for buying the dip. $AAPL let’s get it If you like this remember to follow and hit the like, thanks!
Etsy lost its intraday high on Friday and closed near lows. But it’s still above all the moving average. 5 day, 20 and 50. It has strong high uptrend with strong RSI at 64. BUY THE DIP and let it try to break All time high again. Most likely it won’t break ATH and create a double top situation and will fall after that. Follow for more trade ideas. 15K...
Tesla is holding down the 20 day with the trend still up and RSI at 57 there is some room to fall. Support at $1000 needs to hold in order to stay bullish. If it drops to fill the gap below it will continue to fall. Buy the dip as close to $1000 as possible, stop and downside risk at $950. NASDAQ:TSLA