after no ups contract is it time to trade the bounce? i think so
After failig to break out the wedge significantly, back tested and rejectecd, current market conditions as well, i see 3100 incoming
Tesla imo is very overvalued at this state and cannot justify its 1223 PE ratio. im a bull and think its going to be the richest ompany in the world within 5-10 years but come on. at this point people arent taking it seriously it needs to come down find support anf new buying power and start slowly creeping up on news and catalysis. the moon isnt straight up in...
With the travel industry quite franky on its arse, but the egarly anticipated holidays everyone's waiting to go on, TUI with record booking numbers surely its poised for a break out?
Looks to me that if LLKKF can deliver on their promises this is going to be big in a few years. looks like its just found its first bottom
Is amazon waiting for a positive/ negative catalyst to ride ?
Waiting confirmation, if it breaks below however imo its already touched for its second time, its more likely going to 38500
The top green line was the blow off top trend line which has been respected and acted as resistance on multiple occasions. its now just tested higher support trend line which if broken could indicate the start of the 2021 'crash'
AMC Just broke the monthly trendline? About to send for mars?
Amazon looks to me to have pushed out of the wedge with a big push this week. lots of momentum, looks to be testing the support and will bounce come earnings. my prediction is a new All time high end of February.
Tesls clearly fancys a good wedge. the bigger the wedge the bigger the break out. The current wedhe will see a $1000 tesla before end of march !
Nio will be pushing higher after NIO DAY. already broke resistance, back tested and then finished the week on all time high. I can see a price of $70/75 end of january
At current prices, amazon seems like a good buy. priced around the same time as it was in July. Wedge formation is forming and all i see is one positive catalyst to send it upwards? thoughts?