In price channel, may deviate slightly outside, but the general target area should be hit, I have high confidence.
I have EXTREME confidence in this publication. BOOKMARK THIS and check in every so often. NO, it will NOT be EXACT, but it will be incredibly accurate. Many factors come in to play, such as presidency, especially in 2028 (highlighted in green). I believe that 2024 the market will bottom at 7800-11000 depending on which political party wins election. IF blue...
GME is hovering around the 155-165 area. Im looking to see if it is in a rising channel or if it will fall to the lower support level from the initial major pump up spike back in January and February. If it falls to this support line, look for 130s price area. Most likely it will push off of this level and make its way back to the 150s price area. Thats a good...
Price is in a strong downtrend. Momentum is pulling it down. However, the tail wick of this the Months candlestick has pulled back up to the support line. This could mean we have found a support in this price range. Look for the channel to break and possible sideways action for the big boys to accumulate shares. May rise slightly or fall slightly, but...
The chart speaks for itself. We are wedging while coincidentally going into EARNINGS this week. These two factors will certainly aid a big move. Look for a large move to fake out traders, followed by a reversal..i.e., a sharp decline with volume , followed by a gradual rise up to ultimately reverse the initial move or vice-versa. ULTIMATELY, I do see a few...
If AMC stays ABOVE the gap zone (BLACK lines) then there will be 5 challenges for AMC to get back to the 50 area. Challenge 1: 39.75 - 40 .25 Challenge 2: 42.50 - 43.00 Challenge 3: PURPLE RES. LINE Challenge 4: 46.00 - 46.50 Challenge 5: 48.50 - 49.00
Target 1: 8.50-9.00 Target 2: 13.50-14.50 Again, This is a new stock, not much to base an analysis off of. Will readjust as more data and information becomes available over time.
It seems i was slightly off of my upper trend line. But now since I have adjusted it and it makes sense. My analysis is still the same as before. :) Look for price to either slightly pull back to or near the YELLOW line, or...go sideways up along the BLACK line. It will then pull back to the YELLOW and/or to the GREEN TARGET BOX area.
Good sign with the bounce off the support line. However, it was with LOW VOLUME. IMO, still not completely convinced. Still a good one to either take the chance and go LONG or add to the watchlist. Potential to DOUBLE position value to even TRIPLE position value over several months time.
Disney may rise here off the purple support line, but may not rise higher than the previous high. I am looking for a pullback from the 180/190 area to the BLACK mid-line. Price may trend here between yellow, and green. Target area is highlighted in illustration (160-175 area)
Teacup & Handle Head & Shoulders Two patterns overlapping, rare event. Looks better in the 1-5 min candlesticks Happy trading my brothers and sisters.
MSFT slight pullback target area Target area 255-275
There is ALOT going on with AMC. This is in part due to the many critical sup/res areas all around it and this is resulting in a game of price-ping-pong. However, I Feel that in the next 1-3 days we will see a move in 1 of 2 ways as illustrated in the chart. Yes there is a lot going on in this chart, however, that is because, again, there is a lot going on with...
TRUE BREAKOUT AREA THAT EVERYONE IS WAITING FOR. This area is not exact as we need to hit the 50 price area after finding support around the 19 price area. Once we reach that 50 price area and pull back from it, this will be the upper resistance area that I am looking for to rest the upper wedge line on. This line will meet the lower support wedge line that...
3x tier target zone BLUE, ORANGE and PURPLE BLUE is a slanted support line ORANGE is a horizontal former resistance line which turned to support at square#2 PURPLE is the current support line of the slanted price channel. All three meet at the tier 3 target zone. Here, There most likely will be SUPPORT found. However, it can be a mild push or a very...
AMC may move up to hit 49-52 price levels. Then we will see the move down again. The levels we are at now will be a distant memory. We will see a similar pattern as i have drawn, not exactly in the timeframe as i have drawn them, but close enough.
The chart speaks for itself. We are wedging while coincidentally going into EARNINGS this week. These two factors will certainly aid a big move. Look for a large move to fake out traders, followed by a reversal..i.e., a sharp decline with volume , followed by a gradual rise up to ultimately reverse the initial move or vice-versa. There is also a second possible...
The chart speaks for itself. We are wedging while coincidentally going into EARNINGS this week. These two factors will certainly aid a big move. Look for a large move to fake out traders, followed by a reversal..i.e., a sharp decline with volume, followed by a gradual rise up to ultimately reverse the initial move or vice-versa. My advice: Do not hop on the train...