Analysis: NU Holdings Ltd. Has returned 45% YTD and currently maintains an average volume of 22.29M . Price has been stuck in consolidation since early May. Price has had four (4) attempted breaks of structure since. Watch for breaks or advances in "Support Resistance Structures (1) & (2)". Watch for a clear break "Support/Resistance D" before consideration....
Currently below levels of equilibrium. Can still potentially slip out to the bottom support. Support may give way to a small pivot reaction. Comment any trigonometric functions you'd like to share.
Pretty good support point being made at the end of this week.
News of the new variant is freighting. Price is finding dynamic resistance within the 78.60% arc. Time inside this arc can persist till February 22, 2022 but is more likely to breach some time before this. It will only be natural for price to find equilibrium through the 50% level. Although put risk is extremely low right now, never go in expecting to much.
As long as price remains in the 0.618 (bolded) quarter-square arc I am heavily bullish. The most potential smooth upside is relevant until January 24th. Buy far from strike, and limit entry risk through interpretation of this analysis on a daily chart.
Added more trend angles from opposite sides of the 50% time cycles. Small Gann Square: Dash Lines, Medium Gann Sqaure: Dotted Lines, Large Gann Sqaure: Solid lines.
Any December or January 2022 calls look good. Major support holding on the 24 degree angle with a major resistance projection at the 32 degree angle.
Analysis Process Notes: 1. Scaled chart to 989.585504. Looked nice on the weekly 2. Used Price Angle & Gann Star By Se7s - V2 to calculate the initial range. Spacing set to 100 000. 3. Drew a Gann Square FIXED. From 0 to $400,185.48 4. Drew 2 quarter Gann squares on top of the initial square 5. Drew 4 Gann squares on top of the 2 quarter Gann squares 6. Stretched...
Standard analysis measuring unemployment fluctuations. Attention should be drawn to areas between 2.51 to 5.10 where strong support has been shown to contribute to unemployment increases since 1953.
A standard analysis that effectively measures and defines future and past dynamic support and resitance points in time.
Left side star fan angles control everything right from mid Right side star fan angles control everything Left from mid
Price has broken many bullish angles to get to this point already and hopefully will break another one on Monday open. If so my next price target is the next green bullish trendlines (derived from Gann star).
Trade is now short. Support was broken a few minutes into open. Now is trading under 2nd square resistance lines.
Please check my first PLTR analysis to understand how and where long entry was developed. 1st square support is still holding along with 2nd square support, but 3rd square (smallest square) has been broken today. Now watch for a break on the 2nd square (Quarter Square); If break then the same squares resistance (RED) applies to price action. If this occurs it just...
Please comment on any other color suggestions or any other way to mark sup/res lines. Thanks!