NASDAQ:TLT has currently been granted a stay of execution as the relief rally kicks in. On the daily we can see clear signs of a bull flag pattern with upper level targets at the gaps of 95, 96, and 98$. Currently having turned green on the Bull/Bear Indicator, this little yield is getting ready to slaughter bears in the short term and return zombified gains....
NYSE:ACHR is a unique up and coming Flying Robo Taxi, Long Haul Aviation Renewable Electric Vehicle corporation aiming to transform the transportation industry as we know it. Given the many unique and viable products this company has developed and it's massive growing interest, weather you see a cup with handle or big double bottom on the high time frame, you...
Here on NYSE:MO we can see a very clearly defined double bottom on the Quarterly chart with the current quarter candle pushing into and above the breakout zone. Quarterly CCI is also firmly broken out into positive momentum sure to keep those milky double d bottoms producing sweet sweet buttermilk all the way up to our 75$ Price target. Get some baby!
NASDAQ:BKNG is still on a monster rally. Having busted through the 1.618 Extension and an apparent rotation into Industrials, NASDAQ:BKNG is set to strengthen into it's next target at the 2.618 with a price tag of 6918$. On the monthly and quarterly charts we have the same strong and unwavering signal from the CII that this high probability long is far from...
One thing is for sure, the market programmed their algo's to draw the Republican Elephant all over the SP:SPX charts and stampede away with retailer profits. Come Monday we will rally off this line of gap support and head up to sweep liquidity at previous highs. Once we grab the liquidity we will really find out who is in charge. Elephants, or Donkey's?
It does not take a rocket scientist to see that NASDAQ:MSFT is forming a well developed Head and Shoulders Bearish Pattern. Plan on a moderate target but expect the dump is my motto. When she goes, she will take the market with it. Is there any surprise BITSTAMP:BTCUSD will dump at the same time too? The tech sector is trading near 82 times their forward...
That's right.. The sheep were told we broke through the great depression trendline and to prepare themselves for a new paradigm.. As you can see we have broken through one of the great depression trendlines. And Still you can see we have one to go.. Our last touch of this trendline ended up with a stiff rejection, and we are dangerously close to another fatal...
For some time now Hindenburg has published reports about NYSE:RBLX poor financials and very suspect safety concerns regarding NYSE:RBLX and their users. Time and time again Hindenburg has misled and proved incorrect on these allegations. One of the article's they published as a safety concern for users of NYSE:RBLX was completely inaccurate with links...
Here on NASDAQ:TSLA we have a few indicators kicking of pointing to an imminent and largescale down move on the way for this stock. Given the current structure of NASDAQ:TSLA combined with indications of heavy institutional outflows of Money circled in purple, NASDAQ:TSLA is setting up for a post earnings dump. Given the compression shown on the...
NYSE:BA has 2 interesting scenarios playing out on the Monthly chart. NYSE:BA is nearing the completion of a double top patter that will result in a powerful move in either direction. At the end of these double top patterns the market tends to reverse by consolidation and then moving away from the break point area, or fall much further with a failure of...
As we can see, NYSE:JNJ has been following a regular down trend April 2022 and has no significant move to break upwards until recently. On the monthly chart, we have a solid sideways consolidation after a strong movement up indicating the possibility monthly demand. Considering the strong bull flag pattern in combination with a monthly CCI test and re-test...
NASDAQ:BKNG Has been on a Massive rally since we called this stock in October of 2022 and it's almost time to Sell! Adding a Fibonacci extension we can see this Wave C leg is headed to the 1.618 Extension around 4777$ While I fully expect this target top be hit before an epic short, the market tends to cut good things short. This top can come anywhere between...
NASDAQ:NVDA Has been on a helluva' run. It's been great fun but the ride is almost over. With increasing competition and NASDAQ:NVDA completely alienating it's true north being its dedicated and loyal gaming consumer base, the fun is almost over. The AI market is over saturated and the tools needed to run a comprehensive AI gig are well under the...
NYSE:RDDT like many other well met IPO's will eventually fall below its lowest price for a much needed liquidity hunt to shake out weak hands. The bears are attacking this stock and many others right now. Here we have a classic bearish double top forming. We make spike a new high just above 80 or stop just below current highs, but the bear are marching in and...
TVC:GOLD Gold is currently enjoying a bull run, riding the Wave of uncertainty to new highs. Having qualified the ABC Elliot Wave pattern on the weekly chart, we can see that our C Wave is extending well past the A wave. This epic run is expected to culminate around the 3140 level of the 1.618 Fibonacci extension. But watch out below because as with all good...
Here on the CME_MINI:MES1! We are simplifying our analysis to forecast the next years action based on the current years close. Utilizing candlestick psychology, when you have two well separated thick bodied candles after a cluster has been formed; the odds are likely that we have an established Demand Imbalance. This imbalance will continue for at least one...
MCX:CRUDEOIL1! has been consolidating in a bull flag pattern on the Quarterly chart for a numer of cycles now. Moving closer to the 20 Quarter moving average, I expect $ MCX:CRUDEOIL1! to take off from here in nearing the end of this quarter. We can measure the charts Flagpole and anticipate a measured and sustained move to the 15000$ Level. If you ever...
Don't underestimate the sleeping Giant $Roku. There is a Roku device or TV in nearly every home in America, likely the world. They Offer free TV service, movies, shows with Ad's and their devices rarely fail. We are looking at NASDAQ:ROKU from a purely technical perspective. It has been beat down. The higher time frames have put in higher lows and is...