Shib price action. If this bull pennant is shaping up, then price action should run from the .618 to the 1.618 in the next pop. Holding.
#WKHS about to go to work. Squeeze indicator on the 4hr. large Inverse Head and Shoulder formation retesting prior resistance...RSI with bullish divergence just the way your mom likes it. momentum turning up to complete the right shoulder... + gap fill at $25.50 zone. I'm sitting on 4 options and 20 shares. Put me in Coach!
#IQ setting up for a clean comeback. Support curve forming, Squeeze indicator firing on the 3hr chart. Gap to fill above price action. Expiration Date far enough out to manage swing turbulence. *Not Financial Advice Pendejos. NASDAQ:IQ
Lots of chatter after earnings revealed the major rise in users over the last quarter. Charting out a potential path using Fibonacci Extensions and Basic Fibonacci tools suggest the .618 (near its current area.) can make its way up to the 1.618 zone (near 96-100 area.) Of course the path to new ATH’s aren’t as simple as a straight line, but I’ll be looking at...
#MGM has been forming a nice bullish wedge, and today broke out of that formation to the upside. We entered a position after a healthy bump up off the 50% line on the 4hr RSI chart, MGM has plenty of room to make its way towards the $24 target and beyond. Positive earnings from partner casinos is contributing to the positive direction of MGM’s stock.
Looking at the current price action, i see this wedge as bullish. The .618 is in play and I’m a big believer in the .618 to 1.618 path. Add the recent positive bump up off the 50% RSI trend line and we could be brewing up a little run here. Watching.
Examining the 1 Day chart, I found a potential fractal in the making. If the recent vaccine news and contracts are motivators for upward motion, then I’ve marked out zones for potential option strikes that could work their way into the money. With confirmations off key fib areas, and the RSI about to backtest the 50% zone, this could be a runner over the next...
GME broke the uptrend channel - but printed a favorable candle today... could be a reversal as we near the 50% RSI zone on the 4hr chart. Haven't taken a position yet. Bounced off Sept 22nd highs, which is strong. If we print a higher low here... I'll be looking for an entry position. **not financial advice.**
Could be an entry opportunity. Not financial advice pendejos. Let’s keep eyes on where she goes.
#uber Has been building the final right formation of an inverse head and shoulders over the last week. As we see the triangle starting to tighten we can expect to see a breakout soon. Be cautious of the four hour RSI dipping below 50%, indicating we may see another reset of the RSI before we break to the upside.With Tesla showing interest in automation of public...
#GME has been a lucrative investment since Covid locked us all up in our houses. The stock is more than quadrupled in 2020, but has only started to recover from years past. Looking at the current channel it’s inside, it’s likely that the RSI Will need to cool off before making its way to the next resistance. As long as the RSI remains above 50% this stock will...
JD has Been in a bullish upward channel since May of this year, in the next few days we should see it retest recent highs. RSI remains above the 50% level, Cup & Handle formation has JD pushing upward into the channel heart-line and eventually the 1.618 Fibonacci level.
Looks like the wedge is tightening on SLV. If we don’t see a breakout, we’ll retest 50ma and possibly 100ma. Both great zones to buy calls or take long positions.
Chart formation and recent all time highs make this a prime by. Options calls could print supreme tendies. #wallstreetbets **Not financial advice pendejos.
Ride the line. Buy a second Lambo.
We all know that BTC is on the verge of 10k... IF it breaks upward, I don't think this curve is an impossibility. Anyone going long here? (Not Advice.)
Looking at support - if it holds we go up. I got my bid in. #advicenotsomuch