(MONTHLY chart) Explanation from Mathematical pov. EYES is so far following EXACTLY Elliott wave theory based on Fibonacci Retracements and extensions. My way of Logical investing and making money based on statistics all fibs mentioned below in the chart. The higher Waves are not timeline related, just indicative based on the Fibs: - HTF Wave I - II = Fib...
DPW is about to explode with a possible gap fill at 15-23. It needs to break out of the Wyckoff Accumulation trading range and so above the 200DMA The RSI is almost ready and entering oversold conditions. STO is primed as well for an uptick. ATM creating Spring event.
After the clear sell the news event, it dropped down and still has 2 gaps lingering to get filled overtime.e
Weekly chart open for details. Cathie bought 210K shares yesterday. #40 in combined holdings. Reclaimed the 50DEMA also. However I want to see if it can break outside the downtrend, by closing with a full daily candle confirmation above fib 0.38, so it can oscillate away from the 200DMA. Otherwise, it might fall outside the uptrend channel and go down to 29-30...
Here my take on how to approach the Bitcoin chart from a Divergence POV.
Not enough data to draw a decent conclusio. For now it seems from the 4H we entered a pennant.
JMIA's textbook Market cycle similarities Also a C&H on the weekly
Hyliion recently joined the Russell 3000 and Russell 2000 indexes. Technically: this Weekly candle got clearly rejected by the white downtrend line last week. Squeezing within the small dotted uptrend channel. If HYLN manage to breakout upwards next week, then n the way up it will get rejected by several downtrend lines - blue, orange and green -. If no...
In this chart you can clearly see the trading range MP is oscillating in. Once we are breaking above the Fib 0.5 with a closed daily candle above it's a confirmation of the completion of the C&H and a clear break out. And from there I would scale in more for a long position. If earnings are okay, we stay within the pink line and oscillate as this is the new channel. I
Smile Direct Club is a heavily shorted stock and in the top 15 highest shorted stocks in the market. (highshortinterest.com) It's safe to scale in near the blue trend line with a high risk/reward ratio. Fib 0.618 will act as next resistance and with momentum 0.786 max. since the avg squeeze is 55-60%, so take profits accordingly, instead of hoping for more. Going...
MGNI You can clearly see we are still in the long uptrend channel (blue lines). I bought in 2019 Telaria & Rubicon before they merged into MGNI. Averaged at 5s, but scaled out profits when the red and blue lines came together in the 55-60s. Here you can clearly see how to predict tops on a weekly timeframe. Entered position again at lower uptrend blue line of the...
Mogo seems to trade according to the Wyckoff Accumulation pattern. There's still a gap below so that could be the "spring phase" One of the best Fintechs out there, with lots of potential.
Sorrento is trading within the clear yellow channel. A lot is in the pipeline, but on any relevant news, according to my chart it has been perfectly trading within this pennant. Fibonacci levels will act as resistance and the price will be shorted down again when reached.
When the yellow lines converter with the uptrend, with some news around earnings it spiked before: the lines are now coming together again around upcoming earnings. Looking for a technical spike after the long squeeze, on high volume, after it goes above the 50DMA.Historically it did this before multiple times. Also there's a gap above 15.16 so it could gap up to...
NASDAQ:AYRO has a lot of potential as an American Company focussing on a niche. Now everything starts opening up post Corona era, it should be able to sign contracts and start delivering their EVs. Also at February 11th they had entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4,400,001 shares of...
If we fill the gap, then after it looks like we are about to make a cup (this is 1D Logaritmic chart). As a layover I put a Gann Fan and so handle might form in the way to the earnings around the end of July. Then if Solid: TA + FA are coming together and we are going to breakout to new highs.