


Will we see another epic run up? Maybe? Things are shaping up, and we do have room to run, but that doesn't mean we will. DOGE is getting a lot of attention right now. Technicals are showing the price is supported by the TWAP 30 and RSI is Bullish. Support/Resistance points are being respected...now we just need the volume. If we follow the same trajectory as we...
My honest TA on MVIS right now. I'm at the point where there are many other great plays in the market currently. On the Daily chart. We have weak volume and sentiment with MVIS. Starting to see price breakdown on a slow descent. The occasional ups, keep the retail investors in, with the hopes of the uptrend continuing. However, where the RSI is sitting right now,...
The price action on TRCH was expected. On the weekly chart, it was too disconnected from the HMA and RSI was on a down trend. When price gives you higher highs/lows, and the RSI gives you lower highs/lows, this is your Regular Bearish Divergence. This is purely the technical perspective on the way the chart is playing out.
TRCH is looking strong. Expect a little pullback for the technical support. But parabolic movement is supported right now. Keep an eye on the weekly. If the price gets too disconnected from the HMA 20, expect a pullback next week to realign. Pretty straight forward squeeze on this one. Hedge wisely though.
AMC does appear to be breaking out of a Bull Flag. However, the momentum behind it will determine if it truly is a break to new highs. Going to pay close attention to the $72 high to see if we bounce off it, or break through it. Be aware of a Pennant Flag formation. Too many failed attempts to break through $72 and the price will collapse.
Wanted to ensure everyone was still keeping an eye on the SPY, and other futures. The SPY is looking a little tired out, possibly producing a head&shoulders formation on the daily. If so, we could be at the beginning of the correction on the head formation, which will lead us a couple weeks in to July, then the right shoulder would form over the following months....
Quick little PM TA on MVIS. No need to worry, we are setting up a beautiful cup & handle formation. We're keeping an eye on the price bouncing off the 25% retracement on the daily. If we break above $21.50ish and hold, then we should start back on the uptrend. If we break down below it, then we do have some restistance points along the way. I don't see it breaking...
Made this video to look at what I'm seeing in the market that has me a little on edge. Looking at the Weekly and Daily chart of the S&P. We can't continue to push the limits like we have for the past 5 years. Something has to give soon. The RSI is showing a broadening down trend for the past few years, with an uptrend support cutting through. This is creating a...
TA on REI. This ticker is primed for massive upwards price movement. This is based off just the TA alone, and nothing else. It's respecting MAs as support and resistance. It also just hit it's reversal in November '20, from a long multi-year downtrend. It recently rejected at a historical resistance point and curling up to retest again. RSI is showing bullish...
Quick TA on Jacob's Engineering - (J). This is a solid Pandemic Recovery investment, and actually just a good investment all around. This company does very well when the government is looking to spend on infrastructure repairs. Historically the dips on this stock have been short lived and seen as great buying opportunities. It has respected historical trend...
Simple little chart to track the top 3 WSB stocks. Curious to see how these perform through the year.
Loving the price action on MVIS today. I played around with my Trend line on the Daily Log chart, and found what appears to be the trade channels. I'd love to hear what you all think. Based off these trends, we could see consolidation for the rest of the week, with the uptrend starting on Monday. Keep an eye on the formation as it develops. Looking for a 3...
TA on Cleveland Biolabs. This company is currently finalizing a merger agreement. Expect a lot of movement in the coming months. Looking at the July options, it appears something will be announced in June or early July. Price movement should be around 6x out of this. Company is leading in the treatment of ARS (acute radiation syndrome). Great add to the portfolio...
Quick little overview of Cielo Waste Solutions. This is a company thats paying off debt early, rapidly expanding, and receiving the funding to do so. Cielo is primed to make moves in the coming weeks. Longer term, this company will break $30 pps in the coming years, without question. This was originally discovered by a good friend of mine "PennyQueen", and it...
Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the...
After the semi let down from the ASM call, we are seeing great price action as a result of technicals and some great articles being written. One in particular calls out Tesla's interest in Auto-LiDAR. This positions MVIS very well, as a candidate. I call out the current trading trend, and the bigger trading trend that was confirmed today. Also bring notice to a...
Looking at our girl MVIS, what are we seeing? On the Daily chart, Logarithmic Scale (Thanks Brian Reeves @Gator Traders for catching this), we still see the Hidden Bullish Divergence! There is a channel that appears to be a slingshot for the price action, and we're working our way towards it. As we break down the chart in to intraday trading, there is possible...
Quick like TA on ETC. Looking at the technicals, we could see either sideways movement or slight down trend for the next couple days. This will allow the price to come back in alignment with the HMA20. I expect to get back on the $100 range in the days following the realignment with the HMA20. Fore more trading tips and investment ideas, visit...