RaftoO

RaftoO

One of my favourite setups at the moment. In green are my three short-term price targets (1/3 hit) Now that the 25EMA is on top of the 50EMA I'm super confident this is a bull run to $60+ in the next 2-4 months. The orange dotted line acted as a short-term trend line off the primary short-term trend line, this is a bullish move as the slope increases and this...

RaftoO

Wait for the 25EMA to diverge off the 50EMA for confirmation of the breakout, looks like a solid 10% move tho

RaftoO

Looking to exit at around $9-11, thinking we could even hit $15 with this Bitcoin rally, and the volume still hasn't gone hyperbolic

RaftoO

Looks like a base is forming on the 4hr and 1d charts, I'm anticipating a move in either direction. Bullish: (from my observations) - I keep hearing about this M1 chip and the new Macs coming out - M1 chip (supposedly) substantially better than Intel - Work from home, Apple accessories are selling out fast in my city (Keyboard, mouse, AirPods, iPad...

RaftoO

Out at $53.40 today, rules are rules. I'm up 76% with NIO, been one hell of a run! I wanted to get out at 55-60, and wait till the end of the week but I'll be too busy with school the next week or 2 heading into exams. I'll sit out of the market this week and next. Everything is already overly extended and market sentiment is too euphoric for me. My...

RaftoO

What a morning! I was correct with my call yesterday, gap up over the 1month trend line, however it didn't hold. Huge block sale came in at $57 (1min chart below) which caused a mini sell off, at one point there was an outflow surplus of $125M causing a massive downward pressure. This is a classic weak-hand sell-off followed by an institution picking up shares at...

RaftoO

Monstrous day today, congrats all held and didn't sell! Fresh new 30min chart to start the week, notice how we're on--but slightly below--the orange trend line, after backtesting the chart I noticed that whenever NIO fell below its 1 month trend line it almost always gapped up to get back on before cooling down. Green arrow on October 28th shows the most recent...

RaftoO

Looks like RIOT could hit $8.50, then $9.77 within the next 5 trading sessions. Those are my 2 price targets. On the weekly: Fast approaching the 200ema, my bet is it'll blow past it seeing how bullish the market is. In addition, investors are looking for alternatives to traditional FAANG+ companies, and ways to future-proof their portfolio On the...

RaftoO

One of my favourite companies to date, I love both the chart and the fundamentals. Square has so much more leg room to grow especially with their cash app. 1d chart: So, the chart is looking really juicy and resilient to all that market volatility the last 6 weeks. I know SQ bounces up and down 5-10% (sometimes) however, on the daily & weekly chart we can see a...

RaftoO

This thing is SO resilient I love it, although plenty of people doubted (and still doubt) Nio I for one am a huge fan! Looking at the 15m chart: Finally passed the 49.34 mark, but closed below. Not to worry. Next week I'm expecting a move to 51 before Wednesday and a retest down to 50 at some point. I think we could see 54 again, but if so then we will...

RaftoO

Looking really nice on the 15min, finding an old trend line again (see green arrows) and making new highs, if this continues we can see $8 by year end I believe. Playing off the 21sma really well and finding support at all the right levels

RaftoO

Hello old friend, we meet again... Yet again we meet the resistance at $85.95, this time powering through the descending triangle, with Xilinix in their pocket, and a fresh face to the US. With Christmas coming up and a plethora of political changes on the horizon, I will be a buyer in the coming weeks. Turmoil is not a bad thing, many changes are upon us over...

RaftoO

Forgot to post about this yesterday, I entered into RIOT, small lot of $500 to buy 80 shares at 5.21 (used the bounce off the Fib to enter), came out to $5.33/share. I used the proceeds from selling shares of NIO the other week and reentering at a cheaper price, I never buy lots greater than $1.2K USD unless it's something I will hold for longer than 3 months....

RaftoO

Working extra hard to break that 48.22 price point, once (and if) passed the next test will be the harsh 49.38 price point. Momentum is still in favour of the bulls but short interest is increasing, this can work in favour of against the bulls. Stay patient and watch for a big move up or down in the coming 3 trading days

RaftoO

Lets discuss whats happening here: On the 4hr: (1) DKNG broke out of the ascending triangle and looks like its going to begin trending on an old trend line (the orange dotted line) (2) Finally reached my first price target of $49.14 On the 15min: (1) Broke out of the ascending triangle (2) Resisted my first price target (aka to fill the old gap down) (3)...

RaftoO

I can't publish the 1min chart but this is my observation: (1) Breakout of the symmetric triangle triangle (2) Retest on the resistance (3) Retest on the 21EMA On the 15min: (1) Breakout of the the symmetric triangle (2) Bullish momentum increasing + short interest increasing Get ready for another trading range then a move up or down

RaftoO

One of two things will play out: (1) Mysterious 2am liquidity injection and back up to 3600 we go (2) selling continues, ~3400 is my short-term price target followed by Santa rally Today and tomorrow are crucial days to keep an eye on a change in market direction

RaftoO

The old ATH acting as THE supply zone. We've seen this before, if you check my other graphs I've had that green line drawn since last week, very coincidental it touches and drops back to the 0.382 Fib line (another popular zone). Shake down or a big fish knows something we don't... Checking level 2 data we see a large sell order of $3.3M USD in stock