- Bounced off support (white) - Bounced of trendline (blue) - Bullish flag - Cup & handle on the yearly What do you think?
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Looks live SIlver is on its way down. Bearish flag forming in combination with a head and shoulder pattern. My guess we'll see one leg up towards the white support line and then a drop down towards 22 after which it will continue back up. Invalidated after breaking the head around 26.
Bearish flag, failed to make a new high, forming a double top at the 4h hour. Down to 22!
SIlver doesn's seem to have to momentum to make the last leg up. Bouncing of 2nd trendline and resistance at 24.55. Drop down incoming!
- Following the bearish flag nicely - Stil room for a short leg up due to the 2h and 4h being oversold - Will hit the top trendline and break down down 21.67, then 18.96
Moving up toward where strong resistance meets downtrend, back down from there!
- support at 24,5 has become resistance - set new low at 21 and broke long time trend - triple top forming at new resistance - moving below almost all EMA's - RSI also seeiing a downtrend First support to break is 23 after which 22 and 20 ar in sight. Still learing, looking for feedback
Lower highs broke support at 1860 set new low at 1850 slight up move up if we close below 1900 i expect a drop down to 1812 and then a big move up. Invalidated after push beyon 1925 Thoughts?
Slight move upwards today but Silver remains heavily overbought and momentum is dying down on the daily. My guess would be a drop down before it reaches 28. Let me know what you think!
Been holding the bag since the lasts ER. Looks ready for a breakout! - Tested and hold the support at 27 a couple of times - Long bottom trendline has been held and bounced off - Short bottom trendline has been held - Short top trendline is about to be surpassed - Downwards momentum is fading - 20 day EMA is about to be surpassed. - We've seen more green days...
Will Silver make a break for 30+ straight away or visits 23 before moving back up? - Silver has been overbought at the daily, weekly and monthly. - Momentum seem to be dying down a bit on the daily - Macd seems to give a bearish conformation by crossing A huge triangle is form, will we break out on top or below? Please let me know your thoughts
Nice double top forming at 26. If it doesn't pass 26 and breaks the neckline around 24 abcould we see a drop to below 23? 22.255 would be a great entrypoint for the bounce back up.
Hi, 3 months trading, still a noob. Shorted Pinterest around 32. - Nice double top forming on the weekly. - Hanging man on the daily - Severly overbought - Huge gap to 28, allings nicely with recent support as well as Fib .0382 - Could sink even lower to 25 if history repeats itself though i think fundaments have impoved Thinks we'll see a bounce, herp Look...
Another day, another NIO. Please note that i am a n00b trader and this analysis is far from accurate. I just find analysing and drawing fun and educational. Observation: We saw a big drop today. Holding at 1 FIB, a previous support and tredline. A LOT of volume around 10:50 and a pretty hefty upwards momentum. Analysis: I used Fibs, trendlines and S/R as well...
Hi, My second analysis after a month of learning about the trade. Again, an easy pick; The Hood's favorite: NIO. Assesment: - NIO remains overbought at the daily and weekly level. - A rising wegde formed midday - Volume decreased as the wedge formed - indecisiveness during end of day Using an ABCD pattern and retracement lines my estimate would be a dollar...
Fist Analysis. Learning about trading for about 4 weeks now. Tried to use stock cycle and fib retracement, as well as trendlines of the last two days in conjunction with decrease in volume. Also taking into account that this the hottest stock at the moment amon retail traders which makes my bearish sentiment a bit easier to explain. ;) Bearish myself, bought at...