Skyy999

Skyy999

NASDAQ:COST has a great business model, offering excellent prices for its members and paying their employees very well (good business karma)! This is especially appealing in a recession. We see that NASDAQ:COST broke out of its triangle at the end of May. R at 540 and S at 500.

Skyy999

It's been a long fall since NASDAQ:COIN 's glory days and it has never surpassed it's IPO values at 428. Prices seem to be trading within a narrowing triangle now between 50-70 range. Despite all the negative sentiment associated with crypto, I think we may see a pop to 120+ in 2024 when CRYPTOCAP:BTC halves.

Skyy999

Drew hits weeks about that PT for #ES is 4500 and we reached that point, likely see a pullback next week.

Skyy999

Yes, bitcoin prices have dropped but it is moving along nicely with our handle... just saying... do you guys see something different? Please share!

Skyy999

4305 is the 61.8% Fibonacci Retracement Line. Some believe once NYSE:ES crosses this line with a solid breakout (high volume and/or being staying above this line for three consecutive days), then we are clear into bull territory. Others, of course, believe, the breakout was in January 23 when candles began a new trajectory upwards.

Skyy999

Love when we draw charts and candles move beautifully in that direction. We spotted the Cup and Handle Formation in early May and set a price target of 156. I didn't think it would come this soon but glad that it did, with AMEX:FNGU hitting a high of 163 premarket yesterday (Tuesday May 30) before pulling back. Still a strong stock overall but think you can...

Skyy999

I know, I know... I am quite wary of anything crypto, even the King of Crypto CRYPTOCAP:BTC but in analyzing the chart, there may be a potential Cup and Handle formation forming with a price target of 47,000. Recall that CRYPTOCAP:BTC halves every four years and the next halving cycle is 2024. Happy trading!

Skyy999

Potential Cup and Handle formation in AMEX:FNGU Weekly charts, with price target at 156.

Skyy999

Based upon possible cup and handle formation, price target for AMEX:SPY is $430. Here are my risk vs. reward zone. We are bumping up against the triangle resistance so may see a pullback.

Skyy999

Tesla chart with support and resistance lines to help you trade. testing