MoneyFishing

MoneyFishing

A rising wedge is forming and many analysts have been dropping the price target. If this plays out, $123 will be tested.

MoneyFishing Updated 

It's been dropping down a the channel and the selling looks like it's cooling down. If it breaks out of the upper channel line, $16 might be in play. I'm liking this.

MoneyFishing Updated 

SOFI has had a great run. But it's oversold on the daily and weekly. On the daily it broke through a falling wedge and on the weekly it took out a strong $12.50 resistance point. Now I'm looking at SOFI on the monthly. It's important that SOFI stays above $12.50 (green line) on the weekly. If it can create a falling wedge above the $12.50 this month it would cool...

MoneyFishing

Looks like it's going to find support at 3.92% and then it going to new highs.

MoneyFishing

Nice spike after Trumps win. Not sure if this was an overreaction. Tesla's been on a downtrend and a rising wedge was in play. I think a close this month above $315 would be bullish. Below that $315v and a pullback to the downward channel would confirm a double top and bearish.

MoneyFishing

Falling wedge breakout might target 3 price targets to the upside.

MoneyFishing Updated 

Looks like DKNG will find support 1st at about $35.15 and then it will probably test resistance at about $39.24. Earning is in 8 days and I believe positive earnings will push it past $39.24 to $42 to $45 range.

MoneyFishing

Tesla has been trading in a massive downtrend. Regardless, there's been many opportunities for nice trades. Unfortunately it's currently in a tight rising wedge and looks like it's coming to the top and also approaching the top the downward resistance line. A drop can make it test $218 1st and break below that might cause a test of .236 fib, $187.

MoneyFishing

Looks like SPOT made a double top on the weekly and RSI has overheated. The support I'm looking for is $348.

MoneyFishing

This can be a double top or BTC can find support (blue line) and break through this wedge to new highs. Going to be a fun fight between the bulls and the bears next month. If it breaks down, I can see it dropping down to 48K-49K as the next major support. Might take another 4 weeks to play out.

MoneyFishing Updated 

Falling wedge in progress. Breakout to $10.10 might be in play. Need more volume to come in to make this happen.

MoneyFishing

Looking for support at $121. I'm sure by next week we'll see if we bounce off $121.

MoneyFishing

Looks like DJI might close with a "shooting star" candle. It's been a nice run and RSI needs to cool down. If this plays out we might be looking at another red month next month (40,800 target).

MoneyFishing

Looks like a double top. Looking for support at $76 or it's going to go lower.

MoneyFishing

Key support level to watch is $70.97 this week. If it fails there are 2 levels to watch: -$62.63 -$49.53

MoneyFishing Updated 

If SOFI has a good earnings report next week. It will probably break $13.56 (.382 fib) next month.

MoneyFishing

Look's like a bear flag is forming. Watch for a drop.

MoneyFishing

Look's like BTC is forming a Bear Flag and a possible breakdown might target new lower prices. Price Target #1: $14,500 Price Target #2: $13,500 As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types...