GPS Looks ready for a bounce up to $10.70 and possibly $11.36. $10.70 would hit the top of the channel and the 200 day moving average. $11.36 would be cover a gap fill. Break higher than $11.36 could see $14.00
INTC may have just completed an Elliott Wave and ABC correcting down to $28.00. Unless $30.00 holds. Also MACD and RSI look to be reversing. I think $30.00 and possibly $28.00 good areas for longs. -Not Financial Advice or Trading Advice-
On the Daily chart I am seeing an inverted Head and Shoulder pattern where the price has broken above the neck line and held the back test. I think we are looking at price targets of: $50.00 $60.00 $80.00 The $80.00 is a price gap. I think if the price breaks below $43.00 that could compromise upside potential. -Not Financial or Trading Advice!-
On the daily chart we have a lot of bullish potential. First we have a messy looking inverted head and shoulder pattern. The right shoulder looks like a possible Symmetrical Triangle that just completed its 5th touch and could be ready to blast off. Also, there is a Golden Cross that happened yesterday. There are also 3 gaps to fill. First Gap at $15.50,...
Greetings Traders, Bitcoin might have hit the top at a price of around $21,650. On this 4 hour chart the MACD is about to cross over to the bear side in about another 2 hours if the selling keeps up. The MACD is circled in yellow. $22,000-$22,500 still on the table though until the price breaks out of the bottom of the wedge. If Bitcoin drops below $19,850 I...
Good Day Traders, On the 3 day time frame there is a nasty death cross (Yellow Circle) occurring. If price breaks through $1650 possible supports could be found around $1400 and $1250. Good Luck Traders. -Not Trading Advice.
Good Day Traders, Possible Bearish Wedge forming on the Nasdaq Daily time frame. There is a chance that the price could go higher and change the Wedge into a bear flag which would take longer for a break out to the downside to occur, but as of now it looks like a bearish wedge with potential break to the downside price of 10,300 or so. Good Luck Traders, -Not...
Good Day Traders, Looks like Wedge is playing out nicely on the daily chart. I updated the chart today to match todays price movement. Currently the wedge is completing its 3rd touch of the flag. If the flag is confirmed over the next couple of days and breaks to the downside I look for a price target around $65.50 or so. Good Luck Traders!
Good Day Traders, Bear Flag on Daily S&P500 we are currently at the 4th point in the flag and working towards the 5th point at the top of the flag. If this plays out bearishly then we could see a break out to the downside of around 3450 or so. Good Luck!
Good Day Traders, Looks like a bear flag forming on BTC Daily chart. Currently the price action looks to be heading to the top of the flag for its 5th touch around 22-22.5k or so. If it gets rejected then the measured move out of the flag would be somewhere around $8,800-10,800. Good Luck Trader!
Greetings Traders, Looks like a Bearish Wedge on the daily. If this breaks to the downside I believe we could see $395-$400. Good Luck!
Hello Traders, Looks like a bear flag has formed on the daily time frame. If this plays out to the downside I would expect a price target of around $34 or so. Good Luck!
On the daily chart I have spotted what looks to me to be a bearish wedge pattern that has the potential to break to the downside of $63 or so. Good Luck Traders! P.S. Not Financial Advice!