Wait for breakout confirmation.. It's Apple.. it'll happen
ACB about to go parabolic. Similar to Tilray, golden cross about to form between 20 and 200 day moving averages. The last impulse rallied just shy of 250%, or $10 usd.. With the blue wave on our backs, we should easily see the same impulse of $10 which brings us to $22. There's a gap looking to be filled between $20-$24. This stock is a Robinhooder's dream....
Just broke out of bull flag, 2, 3, 4-hr and daily MACD and RSI look good Expecting to hit $5.00, retest prior 52-wk of $4.82 and then head north.. GL Setting stop limit at 4.16
We witnessed the impossible last week with the Democrats taking control of the Senate. Technical, fundamental and political environments are in perfect sync and there will be a cash grab by institutions very shortly for all MJ stocks. HIGH TIGHT FLAG pattern has been detected for APHA. This is considered a rare and extremely bullish pattern (what happened to Zoom...
Late in posting this idea. $30 TP by Feb 03, 2021
Currently retesting.. My prediction is that we'll hover around this zone until earnings.. may even drop a little. Hopefully earnings is a beat, and if so, validation would be made and this will sky rocket. GLTALs
I realize multiple people have identified the ascending triangle of GLD and stating it's bearish trend. Since the initial trend was bullish, why wouldn't it break to the upside? Congress is 99% going to pass another stimulus package which would be a positive catalyst for gold and silver. Any thoughts would be appreciated.
Way oversold... Touched support twice.. Next stop $7.50 Do your DD
How I see AAPL playing out in the next few months.. do your own DD
If it holds 4.44 next week, it should be bullish. If it breaks 4.33, be careful on the downside.
I love APPLE and have been long for years. At times like this, I'm sitting on the sidelines until the dust settles. I predicted the 6/11/20 pullback. I don't believe we are out of the woods yet. I transposed the March sell off trend. The first dip is virtually identical; 6% drop in 5 days. The big boys will try to take us for a ride again. Trade with caution.
If it breaks through 225, it will likely turn bearish. Trade with caution.
Expecting to touch 200MMA at $295 and then bounce
Long on AAPL but is overbought at the moment, expecting a pullback.