As you can see the multi year trendline going up to this top. We have crazy sold out products across the board, this thing can moon to heaven. Looking at the closer timeframes though, picture is supported, but cautious. Huge ascending triangle with a break. Wait for earnings and we can see it go up crazy or down harder. I personally see it more to the upside....
At top of range but can breakthrough, keys to look at. It is at Top of BB band and has usually respected that. Healthy pullback very likely. Thing is though, post pullback, I believe we approach that 239 range and beat it. If we break, which is often what is occurring with HD, we likely go further and test ATH. Will follow up on this when the time comes. Check out...
CSCO - Not really that bullish but I can see a strong earnings week. CSCO had a bullish engulfing last week, but has a lower high and a lower low. Very interesting, I say buy into earnings and then possibly just will bomb earnings regardless of expected gains. Volume is barely gaining and although it can smash, I don't see big earnings bumps unless pre earnings is...
WDAY has earnings coming up and can see a large run up. May 28, 2020 is earnings, quite some time till then. Might cool down after the run up last week from Twilio but here are the key levels. It just bounced off .618 Fib, and can pull back to 160 and 155. If 155 holds on strong volume, that signals accumulation to me. I'd say that if so, you can see a large move...
Has a lot of room to climb but next level is 116~. Can set an alert for the 113 break as 116 should have little trouble being broken. Volume growing here and sentiment is higher. They also survived a pretty horrible earnings so their value must be a bit higher. It broke into a strong fib level on Friday and closed above. Let's see what happens tomorrow but I'd be...
SBUX looks great here, fibs on two timeframes showing a big break up looking to occur. Big problem that you notice is many lower highs and lower lows (BA, SBUX, etc.). I believe SBUX looks to move upward, has had solid volume and project Make America Open Again will bring in some newspiece to have ears perk up. Be careful though, lower highs and lower lows makes...
BA has been in the news for quite a while. Luckily for them, airlines ate dust for the past few days and they have fallen on the side from that too. I could foresee some good news coming their way such as A4A or some funding, but I'm looking here at price action. Watch this key support. If it holds, buy some longer dated calls for the upside. If it breaks, there...
Very interesting levels with VERY high volume to focus on DURING these lows. Volume is heavy, and it is finally breaking upwards. Looks like it will pass this next test and go big. That is my focus for this upcoming move, will be looking to accumulate. I will update this as we go forward, but with news of reopening and you bet ya 99999% customer growth will...
Tesla is poised to go up in the short term but with diminishing volume on these greens, and now with 3T Treasury ask, I'm sure the balance sheets look even more enticing. My view, if you want to buy a short term call, go for it. I'd be looking for an entry upon break of the neckline, as I believe this will go down. Fairly simple view, works with timelines (SEC...
Trying to take into account all the funky movements in BTC's recent price action. Took into account various wicks, opens/closes, etc. *NOTE: green line is major resistance based on previous BTC price action. The scenarios: BULLISH (BLUE) If falling wedge holds, we can see this go down towards the .382 fib range following a bounce back up to the green...
Hello guys and welcome back to another TRX/ETH update on the 1-day candles. After my last one TA, it seems like some people want to know more and I think now is the time to re-look and re-adjust our view of the long-term market. I promise this time to be less over the top and to try and focus on the plethora of things I've indicated on my chart (I've indicated...
(The analysis is down below, Read for priors) Hey guys, I'm back with a better analysis of my favorite coin TRX/ETH and like everyone else, I was confused this morning waking up to TRX/ETH being up 33%. While I have nothing against TRX/ETH being up, WE have to understand why. First thing I do is check Twitter and there you have it Justin Sun, my main man, the...
There's something about TRXETH that makes me very excited about the near future but also skeptical. I'm just going to post various scenarios for the next couple days to weeks before the MainNet Launch. Many people have been looking for a meteoric rise for the weekend but in reality, many traders are looking for a quick flip this coming Saturday. I think that many...