As we see the cup and handle pattern perfectly play out we now see a downtrend with investors worried about the 10Y bond market.
Bollinger Band and volume indicates to short for potential ~5-10% loss. Tesla bought 1.5 billion dollars worth of bitcoin yesterday making it spike in price but don't let all the hype cloud your judgement! Remember this is my opinion andalways do your research before you buy or sell anything! Have a great day traders!
DKNG entered consolidation in an upwards trend obviously leaving it in an upwards trend, you could see DKNG hitting resistance Monday and potentially going into a bearish market. As always traders this is just my opinion and in no way financial advice, always do your own research before buying a stock. If you have any questions or comments don't be shy and talk...
As you can see I set a new support line and a resistance. This is only my opinion and I always want to make sure other investors do their own before buying or selling a stock. Let me know what you guys think in the comments!
KO is set up for a breakthrough setting a new line of support and could see KO go to pre-covid prices! Not only can we see the setup for the breakthrough but coca-cola has confirmed it will be going through with the reconstruction plans. I'd like to hear your opinions on this down in the comment section and as always hab=ve a great day traders!
As you can see we have strong support represented by green with a potential to break through the resistance and see prices surge $13+. Let me know what you guys think in the comments below! Have a great day traders!
As you can see from the dark blue line we keep seeing higher lows and prices set to spike because of news that PFE got approved for emergency covid vaccines. Remember this is only my opinion and you should always do your own before buying a stock as I cannot guarantee that anything I will say to happen.
Hey, investors! If you saw my previous JMIA analyzes I was right it did bounce off support at 25$ (it doesn't show it on the chart that it did unless you go to 5D because it hit 25$ for only about a minute) since then it has shot up 17% and will break resistance to set it as new support and will be going around 62$ by February. Remember this is only my opinion...
OII could see a spike past current resistance and shoot to 13$ for pre-covid price. let me know what you guys think in the comments!
this is my updated version. My lines were over a longer time but JMIA going to move quickly as you can see but should hit support and set a new high.
With covid coming back it's hard to see if the price we spike or drop as we saw in March. I think that it has the potential to break through and set a new high, but let me know what you think in the comment section.
Seen in green is support with a huge drop because of covid in march. Seen in red is the resistance but we could see it break the resistance and set a new high for pre-covid.
Great support and resistance and a strong uptick that broke resistance creating a new support line. tesla will try and push 650+ if it doesn't drop the resistance line. just an idea but seems very probable from strong 2020 so far even though covid hit hard tesla stayed strong.
Was looking at JMIA and could see new support before rising to $62 a share by Mid-February. Was looking at other post and saw someone said this would happen about a month later than my prediction but JMIA sees rapid growth in Africa and could see bigger spikes sooner than we think.
JMIA to hit resistance at $40 then fall before a push to $45. Jumia's goal is to hit $100 in 2 years but don't buy until next push.