RunItUpJJ

RunItUpJJ

$NIO just finished the second shoulder on the head in shoulders pattern. It's currently sitting on the neckline, and we have seen several candles try to break that neckline support and fail to do so. However, the head and shoulders pattern is bearish, and I believe we will break that support and fall to 39.69. I would like to see a break and close under the...

RunItUpJJ

Since late February, $RCL has been trading between $79 and $97. It's bounced around between that range and the 79 level has been acting as great support, highlighted on my chart by the green arrows. We are seeing a selloff in $RCL, and I believe we will once again test that 79 level, which presents a good buying opportunity. My first price target is $88. There is...

RunItUpJJ

The 25ish level is an area of support for $CCL, as indicated by the green arrows on my chart. I'm expecting a retest of this area and a bounce off of it. I will be buying shares in this area. It will mark about a 20% pullback. It is oversold on the RSI. My price target for $CCL is $29.50.

RunItUpJJ

Tesla has been forming a falling wedge for some time now. We finally saw a breakthrough of that downward resistance last Thursday with higher volume. I would like to see it fill a gap down to 655 for a good entry position. If we can test that level and bounce off of it to the upside, we can validate our pattern and predict higher prices in the future. My first...

RunItUpJJ

Last Friday, we saw $BABA breakout of its falling wedge that has been forming since last October. $BABA has been rejected five times from the down trending resistance, but we finally saw a breakthrough of that resistance with volume. The RSI is a little high, so I would watch the 224-225 area for a good entry. I think BABA could go on a run heading into earnings.

RunItUpJJ

Ascending triangle. As you can see by the rectangular box, there's an overhead resistance zone around the 269-271 price levels. If we do break that resistance, I would target the 276 and 280. Look for increased volume on this.

RunItUpJJ

We finally broke out of the consolidation we've seen since Nio day! Nio formed a wedge, and historic highs seem imminent. I'm expecting $NIO to hit ATHs before their earnings on March 9th. There is some overhead resistance around 64.50 and 67.

RunItUpJJ

If we can hold the 430 area, we can expect a gap fill to around 445. We did see an inverse head and shoulders pattern play out and were sitting at the neckline.

RunItUpJJ

As you can see in the chart above, I used the Fibonacci retracement to find support and resistance levels. Additionally, I used Bollinger Bands to find the trend. Bollinger bands contrast when there is quiet market noise, but expand when price moves up. The middle line between the upper and lower band is a simple moving average.

RunItUpJJ

AMD has been stuck in a range for some time now. It will need strong bullish volume to break they overhead resistance to form new all-time highs