Weekly bottom. At a breakout point with volume coming in.
The top purple line is a good representation of what happens when it breaks that resistance. The last time it did it was able to reach the 200ma. I don't believe it'll do that in these conditions. I believe it'll take a hard turn back down especially with people taking profits after the huge gap up today. Similar to Mon 12, Sep '22. I think this rally is a bull...
I have a feeling this short lived rally wont live long. I think TSLA really needs to fall to around 162 to actually have a chance at a bull rally. It's on strong support right now but it's in a free fall motion so I think it'll break below 179.
Could honestly go either way in this choppy market. It's on support trying to keep above 198. If it breaks below 180, it has a long way down to nearly 149. If it surprises and breaks 232 we could see the way up to 261. I'm more on the bearish breaking be low 180 side due to how TSLA has been with the market currently. (This 198-180 range is very strong)
I never would have believed DKNG to become an 11 dollar stock. At this point it seems like it can go even lower. DKNG at this range is a gold mine for long term investment. LONG TERM: This stock can definitely go back up very quick but currently it's getting a beat down. Once it beats this 17.48 range it'll move up to 27.79 VERY fast. This stock is definitely an...
LONG TERM : AMD what I believe will form very strong support at this 58-54 range. If it breaks below it, it may lead to 35 (I highly doubt this). I believe there's more upside than downside on AMD especially on the longer term. I believe this stock will more or less jump up and down between these 73-58.27 ranges. It'll atleast try to attempt 73 at one point in...
After going down for a couple weeks and even catching me. It's back on the major trend and looking very bullish. Good MACD cross and RSI. Closed above 50 with volume
Breakout soon?!! Will release in depth later today.
It's a whole lots of lines but if breaks below that resistance line, I'd be very suprised. Lots of huge people buying and its the most oversold its ever been.
This stock is showing very bullish divergence in the RSI. It also rebounded off the bottom of the channel really hard. I'm expecting these next few days into earnings to be green. Expecting $DKNG to have a really good run very soon.
I made a previous post about $DKNG pulling a "bear trap". It pulled under the channel(wedge) and recovered back on top of it. Looking for it to hit the top channel, maybe even break it especially with how good a deal and how much PR this company releases.
DKNG is catching a lot of attention at these low levels with terrible news. I believe it broke the support creating a "bear trap" and after hitting support snaps back up over the support with continuation tomorrow. You can also see in the RSI (divergence indicator) that there is bullish divergence into this trap.