A major trend has been broken, and we can see a nice retest. In my opinion a breakout to the all time high is inevitable, and once we break the high who knows where we might go.
Doge has been riding this uptrend after an impressive run. After one fakeout already, could this be the breakout we’re all waiting for?
Another direct rejection at the 260 resistance level
Clear breakout here with a chance of a retest before dropping further
Seems as though we’ve clearly reached the top of a perfectly parallel trend and are sitting at a major resistance level, which could send us to the bottom.
TSLA showed a lot of rejection and is looking like it may retest the 268 area, if we fall below that could go back to 258-260
Potential here for a short term bounce if we can break this wedge
Hard to say how yesterdays meeting might affect todays trading, however I believe we may be ready test these zones out as resistance.
This old support zone showed huge resistance, even in the premarket the price struggled to even enter the zone, and could not hold a candle above, leading to the huge drop we just witnessed.
Had some great bullish movement at the end yesterday and even more in the after market after bouncing off a nice support zone and holding above resistance levels. We are currently holding above another resistance level imo and I am looking for another bounce at market open, or for it to push higher in the premarket for a higher open. Trade at your own risk...
Going to keep an eye on this potential breakout situation, of course with CPI today there could be drastic movement in either direction.
Just showing some support and resistance levels I’ll be looking to make some option trades based on, good luck out there today people!
Right now we’re hanging around a 15 minute support area, if we can’t hold a candle over top of the zone it could test it as a new resistance
Potential double bottom forming in an hourly as well as 15 minute support zone, however if a candle closes below this trend line I’m going to look for the support to be tested as resistance. My analysis is short term, and should not be taken as investment advice.
Testing out the support strength of this trend line and support zone, will it be a breakout or Fakeout ? Looks better on the 5 minute chart…
Broke through this zone before I could finish my idea, expecting to drop to atleast 385 by end of the day
Having a hard time breaking this resistance, could see a bearish breakout sooner rather than later
Here is my spy analysis/prediction, short term. Use at your own discretion.