BBAI is still extremely bullish on all time frames and expecting more upside price action coming days. Technicals and fundamentals are solid, but I would set a stop loss below the green trend line depending when you bought in. If we fall through there, great opportunity to buy back later at a discount. But looking at current bull power and volume, I don't see...
In this case I let the chart speak for itself. After a great revovery the recent days a massive breakout potential is on the verge. Trade safe.
The stock has been blasting through several resitance points on high volume. The bulls are way in control. The stock is trading pre-market above a an important descending trendline (triangle) that crosses a strong resistance point at this moment. Given the golden cross a few days ago, the healthy RSI and a few divergences I expect to see a bull run today...
Closer look at GILT at a lower timeframe, no need for Logarithmic scale this time. We just passed the EMA 50/200 golden cross on high volume, coinciding with a hidden bullish divergence on the RSI daily. Pre-market trade is up 2.13% which means we are taking on a challenge of a first line of important resistance at around $6.20, with bear power drying up and...
Here's a weekly chart of GILT on a logarithmic scale to be able to capture the entire lifespan of the stock while still being able to see the price action that's going on at the bottom. Let this settle in. At the peak this stock was $3,360. Now it's selling for $6.09 a piece. The weekly chart has been seeing higher lows since '08, just bouncing of that ascending...
The same idea as the last one but on a smaller timeframe. It looks like the bears have had their fun and it's almost fair game for the bulls from here... Also huge volume coming in comparitively wuhitch can only be bulls at this price level. Watching price action coming days, we will likely still see a retracement/consolidation, also keep an eye on the RSI in...
Having just broken out of an ascending triangle as resistance level on high volume as the stock is getting more attention and money is pouring in. All breakouts can still be tested and there will be retracement to support levels. The downward trendline coincides with a considerable resistance level at around $3.58, which means powerful upside action if it breaks...
There are several ways to chart this but while the stock was hovering above a year long strong support line, after a huge surprise in Q3 earnings the stock shot up by 25% and broke through an upper trend. One to watch for sure.
The drop from ADA's previous pump has gradually lost momentum resulting in the formation of a parabolic curve. This is often a sign that buyers are getting the upper hand from sellers and that a reversal of the downtrend is coming. See also my previous idea on COMP with a very similar formation. Short term targets are on the chart. Trade safe!
Big ascending triangle forming with strong hidden bullish divergence. Enter as close to the bottom trendline of the triangle as possible. Targets are on the chart. Still depends on BTC price moves but with dropping BTC dominance the effect of BTC on alts is diminishing. With BTC price action currently turning bullish I think this will play out quite nicely! Trade safe!
Turns out kava wasn't ready to break out of the ascending triangle I mentioned in my recent post just yet, price dropped and bounced from the bottom support. There are slight hidden bullish divergences on obv and rsi on the daily chart and price is lagging behind to that of some other alts and current price action is indicating it is ready to catch up. Expecting...
COMP has been consolidating above a previous support level for close to a month now and has started to form the first halve of what could be a parabolic curve bouncing off the trend line. The parabolic sar indicator has turned bullish on the daily timeframe for a couple of days now and there is a slight bullish divergence on the RSI daily. Even though support...
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Kava is currently consolidating just below major resistance which is also the top of a massive ascending triangle. Supported by a steadily rising OBV this looks very bullish. I expect a big move up when KAVA breaks through this resistance level.
Massive falling wedge forming on the weekly chart, which is nearing completion at the end of Elliott impulse wave 4. Wave 5 will be massive and the last wave this cycle.
If GRT respects the ascending trendline we should see a nice pump very soon. We currently have a falling wedge reaching its conclusion at the crossroads with the ascending trend, expecting double pressure and a big pump. Bullish divergence is pointing in this direction too.
Algo has been performing very well lately even with shaky BTC price action. The chart could show the beginning of an ascending triangle forming with potential bullish continuation. The hidden bearish divergence on the RSI supports this idea. Trade at your own risk!
1inch should bounce off of the channel bottom here. We also have a hidden bullish divergence on the rsi. DYOR