


Ravich000
Cup & Handle approaching buy zone. Expecting bounce soon (RSI at historical support/resistance level, price goding down on decreasing volume).
I think we will see this above $18 next week, good for call options
3:1 R/R, targeting backset of the channel. MACD bearishly diverging on the daily, RSI in overbought territory plateauing. Far above moving averages. Today was a heavy green day and the best time to short is on pullbacks like this if you believe 775 was the local top.
Short analysis stil valid until we get a daily close above 775.
It could be but a more strategic entry is close to $77 where stop loss could be very tight.
Very good R/R with tight SL and bullish news expected with stress test results.
I got excited about NIO looking at its weekly chart but when I zoomed it and tried to do more in-depth analysis I noticed some things I didn't like about it and they lead me to think we will be looking at short-term pullback in this stock soon. Please see notes on the chart, I think it might go as low as $41.7 where it would also test moving average for support....
Yeah maybe it's huge H&S on the weekly and the market is doomed but oscillators look decent on the daily timescale for the first time in forever.
6 green weeks in a row but there is still a full month before the split! I think we will see a pullback soon, possibly to backtest that old channel fo support around $675.
Weekly momo about to go positive for the first time ince early February with missive hidden bullish divergence on both oscillators, far from overbought territory and no resistance till about $50. It's not a strategic entry for long, no trading opportunity but the stick looks incredibly strong.
GEO broke out of 4-year long downtrend, multi-year falling wedge pattern on massive volume and is now in the process of backtesting that breakout which could be an amazing opportunity to buy in. Golden mean ratio of Fib retracement is at around $23 which is confluent with historical resistance level and I believe this would be the minimum target of this trade if...
Simple measured move after confirmed breakout. Could get there quick (before end of the year), remember how explosive it was last time. Consolidated for nearly 9 months so I don't think we will see many pullbacks on the way up.
7.0-7.5 entry, lots of potential upside. My favorite chart on the stock market right now. Earnings line up with Russell inclusion and it's a reasonable timeframe for a move like that. $10 is perfect price target being psychological and historical resistance and we now have entry on confirmed breakout.
Triangle broke down with Daily Bearish Divergence maturing. Not looking good for crypto in the short term. Keep in mind though that the triangle broke to the upside previously and there was no follow up price action off of that so this might not play out just as well.
Reason for entry: breakaway gap on high volume yesterday. Profit taking area: gap fill around $30.
A lot of traders are discussing this possibility right now and there's no doubt that the pattern does look very real. But is it really going to complete and play out? For sure worth considering and staying cautious as we are nearing top of the triangle.
Flagging after breaking out of the consolidation pattern and holding above critical 38.5k resistance. Hard to be bearish on crypto right now.