Yes, once again, NIO did exactly what technical analysis said it would. We lost the 52.70 today, and this made NIO drop to the target we talked about yesterday, the 38.2% fibs retracement at 50s, exactly as we said it would yesterday. The RSI was too overbought and could easily see this coming. But what about now? In the 4h chart we see the fibs retracement we...
And some think TA doesn’t work! WISH did exactly what we talked about in my last analysis: Corrected to the 13, because it was our next support, and it is also at the 20ma in the 4h chart. Now we do have a good reaction, as we expected, but we must wait for the confirmation. If WISH breaks the 13.67 I see this as another buy sign! We have a spinning bottom...
What you should know about PLTR! 👀 Today PLTR stressed our support levels we talked about yesterday, but it didn’t break them. These supports are holding the stock pretty well, and the more it accumulates above these levels, more interesting will be PLTR’s next movement. I think this is a good movement on PLTR. The BBs are getting tight again, and the RSI is...
Ok, NIO is flying like a rocket and there is nothing on the charts telling me it’ll stop doing this. But we do have some points to watch in the next days. Yes, NIO is oversold, but this doesn’t mean it’ll drop. It means we should be careful and not be surprised if we see it dropping. We have 0 confirmation of a pullback, but one point to look is the 52.70. If NIO...
As @rktraders requested, here are my insights about NNDM! The 8.15 is an important support to watch. It is still in a bear trend, and there are nothing saying it’ll reverse, for now, but if it breaks the 8.15, it might just drop more, maybe to the 7.40, so be aware of this point. Another thing that tells me that the area surrounding the 8.15 is important is the...
As @meghanOGTay requested, I’ll analyze MVIS today! It feels like MVIS is dead: small candles, moving sideways for a long time, low volatility… On the other hand, MVIS is oversold, and if we see any good catalyst around, it can fly very high. But I see the 16.65 as the most important support for it. Check this out: The 16.65 was a top level 3 times, and a...
Ok guys, CLOV dropped today, but the 61.8% fibs retracement is holding the price. The 20ma is also there and we have a bullish pattern above this support zone. It is not perfect, but it is something to pay attention. I think the 14.43 is a breakpoint for CLOV, as if it breaks this pivot, the stock might fly again to the 20s, as seen in the 4h chart: The 50 –...
As @Traderwell requested, here’s my view about the UK100! Short-term, the 7072 is a support that must not be lost, otherwise, we might just lose the 7k again. The breakpoint is 7118, as if UK100 breaks this point, then it’ll aim higher levels. The danger lurking the index is the head and shoulders, a bearish pattern that has a neckline at the 7072, and the...
As @EvisHadjipetrou asked, here are my insights about ARVL! We have some interesting movements here. First, there’s this advanced breakout in the 30min chart, as the RSI is quite high, while the price didn’t break its resistance at 16.14 yet. If ARVL loses the 15.86, then the bullish thesis is over. If ARVL does a false breakout and closes above the 16.06,...
Ok, WISH hit the 13.80 as we thought it would, and it is below this level right now. That’s fine, now I see the 13 as the next support, and look at the RSI – it is starting to get oversold again! Any reversal pattern around will be a buy sign for us. And this will be perfect, because the 13 is also the 20ma in the 4h chart. The 30min and 4h charts were too...
The situation is quite simple on PLTR today! We are dropping, just as we expected, because it lost the 27.01 that we talked about yesterday, and now PLTR is looking for support areas to hold itself. No, it won’t drop forever, and it’ll recover at some point, the question is, which point? We have a pivot at 26.45, if triggered, I don’t think the 26.26 will hold...
As @hector158 requested, here are my thoughts about HIMX! We have a bull trend, but last time the RSI was that overbought, it did a pullback, so let’s keep this in mind. If it loses the 14.94 this pullback will happen. But the 4h chart is not overbought yet, and if the 14.94 holds the price, HIMX will just hit the next resistance at 16, which is a target now,...
Just as we expected, PLTR is just flying, and there’s nothing here telling me otherwise. Today we have an intraday consolidation, and this is good, because we have new points to look at. The 27.50 is the resistance we must see broken this week. The 27.01 is the support we don’t want to see PLTR losing. Let’s see the daily chart for a change. PLTR is at an...
The something incredible we were saying last week happened today! The BB are spreading again, and NIO is back to the world of living, after being dead for some days. We are breaking the 46.19 from below, an impressive movement, and this was the condition for a bullish reaction as we also talked about last week. Now what? NIO closed the gap at 49.16, but the...
Yes, we nailed another target! Now what? WISH is correcting a little bit, and it can hit the 13.80 again. I still see it bullish, and if it drops there again, it is a buy in my opinion. A late buy, but a buy! 😉 If WISH breaks the 15 again, then we’ll see a continuation of the rally to the 20s, as we already talked about. WISH is doing great. I’ll keep you...
As requested by @Binuthi, I’ll take a look at GTT today! I see it dropping to close the gap at 2.53, then it might do a good movement. The RSI is oversold, but it can get more. In the 4h chart, GTT can hit the 20ma again, hen we’ll see what’s the deal. If it loses this point, the $ 2 is the next stop. But any good bullish pattern around this support zone can...
As my follower @KingArthur904 requested, here are my insights about NFLX! Well, we have an amazing bull trend here! What’s more, there’s nothing telling me that NFLX will go down. We have not a single bearish pattern here. I see NFLX at 546.45, and I’ll explain why soon. But is there something that could make it correct? Yes. If NFLX loses the 525.12 I see it at...
As my follower @shermaine2000 requested, I’ll analyze CLNE today! There’s a possible V-shape recovery on progress here, target at 10.97. The RSI was oversold, and this favors our idea here. What’s more, it just hit the support at 10.50. But there’re two problems: The 20ma and the 10.68. Both points can make the price struggle, and this would ruin the V-shape...