BartChartski

BartChartski

I only recently picked back up on Wyckoff patterns. This is very similar to a reaccumulation schematic I dug up online. So according to this idea, we will see a dump down to sweep those lows. Ironically this coincides with the November election. That low would be considered the spring, followed by a test and then off to the races in 2025. Is Wyckoff trying...

BartChartski

I definitely don't trade this and only looked at it for 5 minutes, mainly because people are blaming Japan for our little flash crash. NKD1! demolished a handful of clear breakouts that needed backtesting and a major weekly trendline in order to get this thing some juice. Will it hold or is this just a short squeeze? After all, they do need buyers and buyers...

BartChartski

Interesting comparison between the 4 mentioned above. All broke the upper trendline and lost it, and are now dropping into oblivion. I hope for everyone's sake this is short lived, but I am bearish in the mid term. Still expecting a mega short squeeze to throw everyone off and get FOMO buyers back in. There will be plenty especially after they capitulate and...

BartChartski

Every 3 years since 2018 we are presented with a bearish RSI divergence on the weekly chart, followed by a dump of epic proportions. Will 2024 be different? Since Feb 2024 we have had two island reversals set up on the daily. On Friday, we rallied to close the gap from below and proceeded to close the day below prior day high. Monthly chart shows decreasing...

BartChartski

NNE tested the gap 50% today. Triangle breakout in play above $27. *I know nothing about the company, purely technicals here.

BartChartski

Oil has been ripping. That is clear. But has it ripped too much? Election coming. No way Biden doesn't do whatever he can to make oil cheap before election. Currently at a triangle resistance hidden as a downtrend breakout. Strong resistance at $84. 2 of past 3 days saw some selling pressure. Expectation: If we start to break down I'm looking for $79-$80...

BartChartski

This might be a shit stock. I do not know. But here is a bullish scenario for those of you who are trading it or bag holding. If this thing gaps up on Monday I would back up the truck and hold for a couple of days. If we open lower, watching for a backtest of prior week's high at $1.53 lowest. Or a flush and reclaim. If that happens on a daily candle, get your...

BartChartski

I was very bullish on SNOW until I realized a few things. 1. Decreasing volume on daily 2. Weak RSI 3. Strong resistance at triangle around $145, both daily and weekly closing below it. Expectation... Currently basing $140-$144. Breakout to the upside WITH VOLUME and I'm looking for $158. Breakdown of $140 I'm not touching until $125 backtest.

BartChartski

I don't do much with fundamentals but technical analysis tells you this could squeeze. Watching for break of prior month high at $3. If it does that with volume I think $3.50-$3.60 is within reach for a relatively quick move.

BartChartski

Hey there, just pointing out that if you draw a triangle from COVID low (2020 Low) to the 2021 High, to the 2023 low to 2023 high, you're going to see the biggest triangle you've ever seen. We just broke out of it. Elon is a genius. He started PayPal. He has SpaceX and regular X. He has the Boring Co. He builds robots and implants brain chips. This thing is going...