Pinterest appears to be topping out and here is an Analysis that gives us some potential downside targets if price decides to keep pushing lower. Beware of a potential exhaustion push up from the current position. Will be keeping an eye on this one closely for some Put Contracts. Not Financial Advice - this is for educational purposes only.
Before you start to hate on this analysis, keep in mind its just an analysis. I like NVDA fundamentally, I think its a great company. But with that being said, the chart is the only truth. This chart looks sick. We have broken a MAJOR uptrend. Watch for the S/R flip and an exhaustion push to the upside as we see overall market sentiment pushing up as well....
Momentum diverging on the weekly. MACD crossing over. RSI diverging. DMI shows momentum shifting. Square up at $0.10 and $0.04-02 Good luck out there hodlers. Doge is coming back down to find support. I dont care what the F elon says. The chart says it all. Be aware of a short squeeze with exhaustion as the market will wreck any early shorts as we hunt...
Before you start hating, I am simply making a technical analysis and do not care how strong your hands are. I have zero positions in this nor am I taking one. We are at a critical level of global support. If it breaks, we could see a push down to either of these green boxes. We have broken the 44ppma (blue moving average) and currently hooking back to retest...
This is what I think will happen with zoom over the next few weeks. We will continue to bounce from here and potentially hit my identified reversal zone. Look at my blue and yellow fibs there for confluence. My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we...
It appears that this current bounce could just be an exhaustion push back up near the ATH's to suck in uneducated retail traders into long positions. There is heavy resistance above, and bullish price action support has been broke. I wouldnt be surprised to watch Dave Portnoy attempting to shill this up to his following to desperately trying to save the stock...
Simply making a comparison to the time after WW1. We saw two major corrections, before a meteoric rise in the markets. We all know what happened next. The great depression. Now I am not saying we are about to experience potentially one of the worst bear markets since the great depression, I am simply saying that its possible and YOU should be factoring it into...
I tried to warn you all in my previous post about AMC, but I caught a ton of heat for looking at the chart and not believing the hype. Those bags are heavy. See the Linked Idea Below.
Just a quick video showing a fractal I see. Will it play out exact? Discuss it with me down below!
Before you jump on me for being a bear, I am not. I am a chartist and a realist. I am simply bringing you what I see. I am not trading with you, I am charting with you. This is for educational purposes only. I like Elliott wave, working on that CEWA Level 1. Here is ONE of the possible counts for ETH right now - Theres also a bull argument. I am thinking we...
Update from previous post. Previous post still has updates too. Check my post in the related idea section of this post. Go back and check those out.
Here is your final warning for BTC. Nothing walks up the Bollinger Bands Forever. We have a candle that opened and closed inside the band on the weekly scale. We are working on our next weekly close inside the bands - in 2 days from the time of this post. Check out my previous post that describes the 2017 similarities of the tops, down below in related...
This is a possible scenario. I enjoy seeing patterns play out over time. I think that the top might be in and we can compare our current position to the same spot in 2018. I used the bars pattern tool to copy the exact price action from the first wave down after the 2017 top, then pasted it to our current position. I find it interesting that it even lines up...
Here is a comparison of the bull run that broke the 1980 previous ATH. Notice any similarities. We could see a major push down in gold before we see another major continuation of this possible bull run.
Here is some fun Chart Art While everyone has their eyes glued to that CME Gap and believing it will hold for support.. Smart Money understands Market Maker Mentality and can see a few square ups. Do you know what a square up is? But do you REALLLLYYY know..?