What’s good traders! -Buyers stepped in today. -AFFRM currently sitting in demand and needs to get above the 20d moving avg. -if strong buyers show up, we can eat through the supply zones above. Thanks for stopping by! -DP
Whats good traders! Lets take a look at AFRM. Christmas is around the corner and thousands of people are probably shopping online for expensive gifts. Some are probably using AFRM to purchase these gifts... Anyways, - I see a falling wedge on the 30min timeframe. -Price is back below the 20 moving average. -We are currently sitting at the above the 30min...
What's good traders! Lets take a look at supply and demand zones. -Price is currently trading below the 20day moving average which is bearish. -There are 2 demand zones I am watching, the 3hr, and the daily as well as gaps which are marked grey. - We need strong buyers to show up in those zones for a bounce back up. -If we break below the 3hr demand zone,...
What’s up everyone! Let’s take a look at $AFRM. -11/10/21 AFRM reported bad earnings and price dropped down the 4hr demand and bounced up. -Price is currently trading below the 20 day moving average which is bearish. - I see a head and shoulders pattern forming on the 4hr timeframe. -If we break below the 4hr demand zone, $131.68 we can target the next...
Whats up guys! Figs recently had good earnings but gapped down to the daily demand zone. We can possibly move up and fill that gap above. let me know what you think in the comments! thank you.
Lets take a look at CRM. We have gaps on top and bottom. -Price is currently trading above the 20day moving average creating a rally base rally. -Bearish below 2hr demand. let me know what your thoughts are in the comments! thanks for stopping by!
Hello everyone, $CHGG forming a potential cup and handle pattern to the upside. -Price trading above the 20day moving average (dark blue line) -Price trading above 200 day moving average (orange line). -RSI getting slightly over extended may have a pull back then bounce back up on the 200day. PT. 88.24, 96 Let me know what you think in the comments! Thank...
Whats up guys! Hope everyone is doing well! Lets take a look at this value stock also known as QVC on the weekly chart. -Price is trending above the 21 and 200 day moving averages. -RSI, volume and MACD showing signs of a slight pull back. -Possible cup and handle forming as well as as a megaphone to the upside! let me know what you think in the...
What's up guys, Lets take a look at the NASDAQ:QQQ . -Price is trying to break out from the downtrend and above the 9 and 21 day moving averages. -RSI making higher lows which (bullish divergence). -MACD ticking upwards and signal lines are about to cross. -If we continue to move up above the 9 and 21 moving averages, price can possibly follow that new...
Whats up guys, Lets take a look at $GOEV. -As you can see, price is trending up. -Price action looks like its consolidating in the $16 area of support. -Price needs to get back above the 9d and 21 day moving avg. -The OBV looks slightly bearish as you can see its moving to the downside, however the MACD looks like it ticking up and RSI is about neutral....
Whats up guys! NKLA looks like it is setting up for potential move to the upside on the daily chart. -Price is currently trading above the 9day and 20 day moving averages and the OBV is shooting up. -If we break up above the 200 day moving average, (orange line) we can possibly visit the targets. Let me know what you think in the comments! Cheers! -DP
Beautiful uptrend on the 4hr chart. OBV spiking and price action respecting moving averages. Let me know what you think! comment below! Cheers! -DP
Hi guys! Analyzing $ZS today. If it bounces back up into the channel, we can possibly see it continuing up and making new all time highs. Let me know what you think in the comments! Thank you for stopping by! Cheers! -DP