Ok, AMC has many advanced breakouts, but the price is not confirming anything. Many stocks could do something good, but few are actually doing something interesting. AMC must break the 37.39 to trigger a good buy, aiming the 49.79, but I don’t think it is worth the risk. AMC is very oversold, but nothing here tells me it’ll go up again, not right now at least....
We are still above the support at 42, and we have a consolidation. If we don’t break the 44.59 next week, we’ll fall more. Considering the advanced breakdown on the RSI, chances are that we’ll drop to the 39, to the next fibs retracement. It’ll confirm this idea if we break through the 42.34. If you liked this trading idea, remember to click on the “Follow”...
The 21.57 is the most important line for us here. If we close above it, then we’ll go up again. This would be very good, and PLTR is also in a support in the 4h chart: The 61.8 fibs retracement is holding us here, and the RSI is very oversold. Now we are about to fly again, but if PLTR breaks through the retracement, then it’ll drop below the 20. Maybe it’ll...
Despite the huge RSI divergence, there’s nothing good going on in WISH now. We are dropping a lot, and nothing here says we’ll stop. I like to think that the time to buy is when it is dropping, but we must do it carefully, always waiting for our chance, looking at the patterns that could change the trend. We have no patterns now, but if we do a green candle on...
Yes, AMC has been dropping without a rest, and it break the support we were looking in our last study. But is there any hope for it now? The truth is, it is a bear trend, and the only thing that will make change my mind is the 37.39. If AMC breaks this point, then fine, I’ll assume it will bounce back to the 50. One thing that is nice to notice is the divergence...
We have been moving sideways for a while now, and we have a support at 89. I see nothing amazing here, but I agree that if we see something very good around, it can be a buy. The problem is that the momentum is not the best. AMD is pretty weak, and if you look at the 4h chart, it is disappointing: We have an advanced breakdown in the 4h chart, and this ruins...
Yes, PLTR lost the support at the 50% retracement, and I think we are heading to the 61.8% next. In the 30min we have a divergence, but it is not a strong one. We are still pretty oversold, but this didn’t top PLTR from dropping today. We have a possible sign of life on PLTR here, but again, I’m focusing on the fibs retracements, as we can see here: It seems...
We lost the support at 44.59, at the bottom of the consolidation, and now NIO is very weak, doing nothing worthy. Yes, the RSI is doing some weird movements, but this is not enough. The 4h has almost a head and shoulders, but the 50% retracement is a good support, and NIO didn’t break it today. On the other hand, the RSI has an advanced breakdown, and if...
Hey guys! PLTR was pretty bearish today, but the big explosion I was waiting after a breakout from the Bollinger bands didn’t occur. This may be because we are already pretty oversold in the 4h chart, and near the 50% retracement. The movement was very weak, not as expected from a breakout from a distribution. We have another RSI divergence again. The RSI is...
This one has been frustrating the advanced breakouts in the RSI, and it has not doing anything interesting recently. Situations like this are very annoying, but let’s keep in mind that at some point it will do a good movement next. This is a congestion, and we can break to any direction. But let’s watch the 46.80 and the 44.59. If we break the 46.80 then fine,...
Ok, WISH lost the 10.77 and it hit the support at 10.40 today. This is he best spot if WISH is about to reverse again. Despite the breakout from the distribution, WISH didn’t drop too much like some expected, and it is still above the 10. Now the RSI is very oversold, and it must do something good tomorrow. We are not that oversold I the 4h, but this could be...
I did a public trade on RBLX last month, which was a very good one, and now this one is back to almost the same price level I traded it on June21! This is interesting, but it is worth to trade RBLX now? Do you believe that the line at 83.36 is still here? I didn’t move it since last month, yet it is still making a support us. And some people don’t believe in...
Ok guys, despite the advanced breakouts on the 30min chart, PLTR is not flying right now, but in my view, it is a good thing that it keeps accumulating. The BBs are very tight, and sooner or later, it’ll do a breakout. The risk-reward ratio is more interesting for long trades, because we have too many supports and the RSI is quite oversold in the 4h chart: If...
This is it, my dear traders! NIO is trying very hard to escape from this very tight Bollinger Band, and maybe this RSI divergence will give us a clue to where NIO will explode next. Now I see the 46.80 as the breakpoint for us, and if we do break it, the RSI will confirm the breakout. We could be a little more oversold in the 4h, but that’s ok. NIO is trying...
It seems the 10.77 is a new support for WISH, while the 11.22 is the breakpoint to change the trend. The fight is intense, as the Bollinger Bands are very tight. To the side it explodes, we’ll see a big move afterwards. For now, WISH is just dropping without any signs of life. Since the risk-reward is very good at this level, I think it is a good moment to...
Yes, PLTR has many advanced breakouts, as some of you noticed, and this is intriguing! We already broke the resistance at 23.20, but we are still accumulating. The Bollinger bands are still very tight, and sooner or later, we’ll explode, and the chances are that it’ll be up. We still are oversold in the 4h chart, and we still have a long way to go. The support...
We did break the 46.25, but we quickly went back to the range. That’s fine, as NIO needs more accumulation, and let the BB get tight again. Sooner or later, we’ll explode and by looking at the RSI and considering we are above a support area, it seems it’ll break up! The problem is that we could be more oversold in the 4h chart, but I’m not complaining. NIO is...
Just like PLTR, we have an advanced breakout on WISH too, but the price didn’t confirm any buy yet. We are still accumulating, and the Bollinger Bands are very tight. It’ll explode soon, and it looks like it’ll be up. We are bouncing after we hit the 10.37, and we even went outside the BBs for one moment, indicating some fatigue. Again, we have no buy yet, but...