Looking looking at the TREND PRICE VS RSI it appears to be a diverging trend and it is a bull trap. Short. DYDD.
NVDA bad trend signals, many more stocks like retail NYSE:ANF LSE:ALF TANKING. CASH is king!
LNTH forming an inverse Head and shoulder pattern. Stronger RSI than left shoulder. Long.
NVDA showing some strength with higher volume than last 3 days and candle is engulfing the Thursday candle. High probability of it staging an uptrend. DYDD
It's a dream finding a dream home but this stock has pushed beyond ITS IPO price and is All Time High. Looking for an entry. Good fundamentals.
AFYA exhibiting a cup and handle characteristic with a high volume of edge of cup and handle being formed.
I like the reversal pattern of Modine. Excellent revenue and trending higher hugging closely to the 8EMA HIgh Lo lines. It broke out of resistence $96.17 the cup pattern and has yet to form a handle so it is a cup without handle pattern! LOL
NASDAQ:APP my favorite stock keeps shooting higher with 2nd gap up with good volumes which shows bullishness however do watch out for profit taking using after 3rd gap ups but can happen also beyond 20% for such vertical climb.
I like this stock for it's unique offer of sustainable utilities services and supplies 10% of US market. Increasing volume as it reverses and sitting on 8 EMA.
AXON stock popping out of a trendline after retracement or pull back. Remember it is at its All Time High (ATH) stock must be performing well due to its fundamentals.
After such a strong downtrend, Tesla likely to drift sideways or continue to downtrend to next target.
QQQ is showing signs of distribution on daily with 3 days out of 14 with higher counts above MA. Has a lower low candle. Usually will confirmed if it matches a higher low next or it tank further. Cash!
Be highly cautious because distribution can be seen with a gravestone candle and much higher volume. The probability of a major correction is in the cards as Bitcoin is now retracing a well.
Watching BABA whether you like it or not based on fundamentals it stinks but technically it wants to break the resistance barrier 78.23 soon.
High probability short win. If Litium price is an indication of demand for EVs, then most EVs Co revenue will fall. NASDAQ:LI $XPEV. My thesis. DYDD
Looking at the RSI, it appears to be weakening. See the downward slope trend. A bit more leg and then it may have a major retracement once leadership names are falling.
Looking at Thermofisher breaking out of a 15 month or so wedge which is strong. Look to target 672.34 as a first stop and see if it breaks the resistance. GO!
OK so the bulls are stronger and caused RSI to crossover the RSI-MA Line. Not sure how long it will run. Amazing.