Weekly falling wedge target $150 coming SOON; i cant post the small timeframes pics all in one post, so last one and this one combined, let’s goooo! Gap hit from the may squeeze today.
AMC is headed to it’s weekly falling wedge target ~$150 with paytience. Holding calls until then. It finally hit the gap it needed to and it’s oversold on all timeframes with a falling wedge and bullish rsi divergence on 10min. U sellin?
AAL broke out of a rising wedge and is going to fall down from this gap to the orange level below. It should be there within 2 weeks or so. The bearish resistance gap will push it down along with the momentum from the rising wedge. Have fun!
NASDAQ:RIVN Rivian is going to fall down to $9.13 fibonacci level away from this rising wedge. My fibonacci is 100% accurate if placed correctly & at the right time. This will be the minimum spot it touches! It just formed a rising wedge, a bearish chart pattern, after filling a resistance gap that will push it downwards. It has lost any bullish momentum, even if...
Bearish pennant: flagpole = target. Fibonacci -0.61 = target. Both of these technicals show us we are going to the $0.98 area shortly :) daily chart 50ema/200ema show we are also in downward momentum. Enjoy!
My thought process; I purchased 10/18 $24calls and I will be selling at $27 (most likely) next week. This is following (lagging) the commodity Gold that is heading towards its 2nd fibonacci target (similar to TVC:GOLD ’s $27 one) indicating TVC:GOLD will follow shortly. The TTM squeeze on the 2 hour is just 1 indicator this is ready to blow. My fibonacci .38...