PYPL has been crushed recently and has not participated in the most recent tech squeeze. Accumulation maybe taking place and a short term bounce to resistance is possible. Not financial advice.
The cup has formed over a long period of time and price is coming into an area of resistance ($26 - 27). A pull back to 20 ish would be expected with a larger pull back to half the cup distance. Not financial advice.
BTC is interacting with the ATH vwap. Price was rejected off the first time it touched. Now price is finding support.
This could be a diamond reversal pattern forming on AA. If this breaks to the upside, a move from the bottom to the top of the diamond would be expected. Not financial advice.
BTC has broken out of the symmetrical triangle and is testing the lower trend line (around the 50 day MA). Possible downside target between 24 - 25k (around 200 DMA). Not financial adice.
The BBs are curling in and a big move is about to take place.
There is a multi week divergence between price and RSI. This so far has meant nothing, but it is present none the less. This week price action has hit 280 during the cash market, but rejected off both times. I am not saying it is a double top as NVDA seems not to care and keeps going up. I have a put for disclosure and I would like to see a pullback of some kind....
NVDA is hitting resistance around the 230 mark. This is a confluent support/resistance line. I would like to see a retrace to the neckline before heading to the break out target. Price is overbought on the RSI and the MACD is beginning to roll over. Not financial advice.
RSI and MACD are forming divergences. The momentum histogram also formed a divergence. Price hit a new high, but the internals are not following. Can price still move higher, sure. A correction maybe coming and we shall see when that comes. Retracement to a fib level possible. Not financial advice.
The BBs are converging, price action will move soon. Which direction, I am not sure. Not financial advice.
Price has been consolidating in the triangle pattern since October. The ADX is staring to rise above 20 independent of price action so something is about to happen. This can break either way, but we are close to historical support after a long down trend. Not financial advise.
RSI and MACD are in the process of turning up. This coincides with the HSI bottoming out as well. I bought calls for late April in hopes price will make it back to the 60/65 range. This would complete an inverse H&S possibly. If price ultimately breaks out then ~ 95 would be the target if the I-H&S. Not financial advise.
The pattern appears to be an Adam/Eve double bottom with a breakout target to ~ 120. The price broke out of the Eve on strong volume. The price is currently retesting the price between Adam and Eve. If the price holds 94/95 then hopefully the price action will play out. I am not sure where a SL would be placed, but the risk/reward here is good with a tight SL....
Quintessential rounded bottom formation. Breakout target to ~ 28, subsequent pull back to break out trendline. This pattern is a tread reversal hallmark. It will make a fantastic swing trade if it plays out, but an even better long term investment. Not financial advice.
Here on PAAS, a nice pull back to support at 16. RSI and MACD are oversold and curling up. There is overhead resistance at 21 around the 200 week MA. If silver continues to fall, possible support around 15. Not financial advise. My buy order is set for 16.
This was a crazy start to the trading day. Price tested the lower trendline and rejected off after the CPI print. From there it sold off to the lower 92s and I have no idea why it stopped there. The gap at 93.5 filled completely. An inverse H&S formed and price reentered the triangle. Price moved above the upper trendline of the triangle. It appears as someone...
Possible descending triangle on BBAI. The break down target is around 2.8 and and break to the upside upper 6 dollars. I am under the impression price breaks to the downside, but I have no idea. I will buy a put instead of shorting to manage risk. This thing could easily squeeze higher and I don't want to try to cover a short. The premium on the put is not that...
Looking at the monthly chart, a H&S formed in 2008 and hit its target. The current price is near that high again and forming a similar pattern. If price breaks and holds below neck line, down side target is in the 50s. I have taken out a call and put, even if short term price goes up I am rolling my put over in hopes the H&S plays out. Not financial advice.