MoneyFishing

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

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

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...

MoneyFishing

Hello Friends! I believe DJI has more downside. Currently, it’s trading in the channel that was developed in 2009 to current. Week of June 13th it tested the bottom of the channel at 29653. Now it’s approaching strong resistance at 31533. Going into next week I think any negative news can push this out of this channel and on its way to test the 28495-28902 gap....