HumaTrading

HumaTrading

Very soon we should start the next leg up, currently oversold so would be reasonable to expect a bounce soon

HumaTrading

LCUD slowly grinding up to 5.5. We will get there sooner or later. If the Gravity orders are promising we can even go higher to 7.3

HumaTrading

Let's see how this is going to unfold. For now, the first target is the middle line...

HumaTrading

Do you also think we will really visit 4.5-5% in the next few months? Also watch for the H&S pattern...

HumaTrading Updated 

NQ forming a beautiful right shoulder. Soon we'll have a dead cat bounce

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This level must hold otherwise we going back to 200 (green rectangle)...

HumaTrading Updated 

We are getting to an interesting confluence zone. I am watching very closely as we will have a pull back very soon.

HumaTrading Updated 

163-165 is the area of interest that must hold for TSLA to go back to ATH.

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The sell-off in NKE continues; however, we are approaching a key support area, particularly at the 61.8% Fibonacci level between the IPO price and the ATH.

HumaTrading

In summary, the chart suggests that the SPY/QQQ ratio has been in a prolonged downtrend with intermittent periods of consolidation and minor rallies. The overall sentiment appears bearish, with the price below key moving averages and technical indicators reflecting continued downward pressure. However, the ratio is near a support level, and if it holds, there...

HumaTrading

I am watching this, PLTR still has room to 33-35 and then $45 (If ER still promising) 29 ==> 33-35 ==> 45

HumaTrading Updated 

I think we should expect a market rally to ~16500-17000 if the ~14600 level holds

HumaTrading Updated 

I know many do not like to do any TA on VIX. This is just my observation. Its getting tight and we should see a big move ether up or down. Considering the current macro environment ...you guess it right!! Anyway, if you look at the chart, VIX has been steadily going higher since 2018.

HumaTrading Updated 

Seems Dollar held the support. We will see how far this can go...bad news for equities, especially growth stocks.

HumaTrading Updated 

Time to short ULTA. It has been going up since early November and RSI overbought on weekly and daily TF. Rising wedge as well as megaphone patterns are also noticeable.

HumaTrading Updated 

Here is the question...really...how long this trend can last? seems overextended to the point that it is not going to break but explode...I really like to see it go higher but...

HumaTrading

It appears we are getting closer for a rebound, RSI being oversold and the price sitting just above the lower trendline that has acted as support since last year...

HumaTrading

Probably this is the short term target before the big bounce. We also have the vwap from March 2021 around 358-360.