Everyone is talking about the H&S pattern, which leads me to believe it won't play out. I think a B/O to the upside is more likely.
I'm bullish on USOIL / XOP and XLE , and think SWN is a good way to play it. Monthly MACD shows strong momentum and is still building.
Even though sentiment is worse than at a funeral, I don't think the ball has many bounces left before it stops. Each bounce is getting more pathetic and eventually the floor is going to crack, the drop is going to accelerate, and the panic will kick in. I view todays action in $BTC as continuation of the downward move. I would rethink that if we were to put in a...
I think DJI is about to take the next leg higher. Same goes for SPX and NDX, although we could see some rotation out of tech.
Do we dear go fishing under all these resistance levels and moving averages? I say YES.
I'm long DK because it has a huge base. You get it?? Seriously though, after that massive consolidation, it better rise fast.
This sucker could fly to space if it gets going. Earnings could be the catalyst.
OBEY. IT. WILL. WATCH. YOU. SHALL. Cringe
$DASH Has been one of the weakest coins after the major top. However, the chart shows a huge bullish divergence combined with a falling wedge (with relatively low volume). We're seeing volume is starting to pick up, and if it manages to break the falling wedge to the upside, things would get very interesting. Furthermore, it has traded in a very tight range for a...
Weekly chart. Posting this to see how it evolves. Wondering if this could be the final rally --> euphoria.
Silver getting close to the end of the triangle. I'd go long after a break to the upside.