It has underperformed and ranged for years similar to BTC 2014-2016 or TSLA 2014-2020. It's currently set to breakout of a long term range it's been in for years and could go parabolic and finally regain some market cap it deserves. It's a solid Cryptocurrency with unique traits and fundamentals in the way it is mined and is decentralized like BTC and ETH. It's...
I never thought this would happen again. It'll be interesting to see what happens from here!
A lot has changed since my last long term chart, after the Coronavirus has taken it's toll on the global markets. I don't believe the market will be able to break above the 22 year long resistance trend line that took almost 3 years to break in Trumps fake "boom times". With the Fed having exhausted most of its resources to temporarily prevent panic and uplift the...
Apple did it, the market is doing it, Facebook should make all time highs next, if it can manage to break the trend line shown in this chart. Weekly Macd is diverging and should fuel a short squeeze to all time highs. Target is 250-285.
We're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a...
Conservative target is 120, as the base of the cup is 20 points below the right side of the upper most point of the cup. WMT could continue up past 150 though since it took a lot of time to consolidate and has a lot of buying pressure This is a continuation pattern of the bullish trend Walmart has been in. Even while the whole market was down the last 2 weeks WMT...
Short sellers are exhausted after nearly 5 years of selling. CVS looks to be forming a W bottom at the 60 level, earnings have been steady and increasing for sometime making CVS a great value at this price, expect a 20-40% increase when shorts get squeezed in the coming weeks. My conservative target is in the 83, actual target is 95. Stop is a little under 60.
This MLM stock can only do so much to keep shorts at bay, it's done everything legally possible to get rid of shorts, they even squeezed Ackmans` $1 Billion short position at the top. The stock is over extended and there isn't much more HLF can do to manipulate the stock higher, they've already done buybacks, now a Dutch auction, Icahn is loaded up on HLF owning...
We are topping on the weekly rsi as well as the bull trend we've had for the last year+ we could potentially hold this weekly above 1875 on Stamp and continue on to 2200 but it seems more likely that we'd get a significant multi 100$ retrace here.
We made a perfect double bottom touch of the daily ichi cloud. As well as bouncing off an RSI trendline that has been in play for 2 years. Higher timeframe indicators have recharged nicely. It only seems logical for bitcoin to attempt to reach it's previous high and perhaps move past it At worst we'll get close to the ATH and double top which would result in a...
I expect us to reach near the all time high due to Halvening hype around 850-1100 then a swift sell off to the 500s From there we'll begin our slow grind upwards until we go parabolic after months of chop.
We must touch the bottom of the ascending triangle to continue this bull run, short 469 quarterly.
My thoughts are in the chart. Would love to discuss every ones thoughts on this.
I had an epiphany while looking at the charts, noticing quite a similar candle /RSI pattern on the weekly. Now I'm just daydreaming.
I only make trades based off old sayings. On a serious note, we've tripple bottomed, I'm expecting a retest of 680 for a 3rd time, indicators look like we're going to burst through time time around, My first time publishing a chart here, any tips/ criticism would be appreciated.
I simply trade based off old sayings. Follow for more.