Bear volume is picking up, I would buy the dip around 500ish, danger for Tesla right now.
Now that earnings are out of the way - at least in the major tech sector. The path has been cleared for the SP500 and overall market to move higher into next week, and NFLX is still in a somewhat dip currently where it's sitting. Target $500 - easy swing *not financial adviser
First resistance to break is 172, then it should be an easy run up to $180 - market is not doing well in earnings so far
pretty solid formed falling channel on the hour for $NIO, I expect a drop to 9 bucks next week and then a bounce.
RSI still hanging on the oversold region and showing more weakness on the MACD, don't be surprised if this takes a big dump later this week
$7 hard support and within a range lets see if it holds and takes off to $9
Triangle getting ready to test and looks like an easy run up, I expect it to hit $4 sometime this week. *not financial adviser
There's nothing in this region market has overreacted it will pullback tomorrow.
USO for the first time since the pandemic started is above the 55 ema. Futures looking better and good news came out this weekend. Ticker created a rising channel which is technically bearish, but if it can break to the upside then I expect some major moves to come in this week. I'll be watching this one. *not financial adviser
I expect a drop to $300 in the next couple weeks.
Get bullish over $5.10 and get bearish below $4.90. This stock is in a very tight range on the daily it's waiting to sway one way or the other. Don't miss it!
I forgot to post over the weekend my apologies but a quick overview of APT and what's it doing at the moment. Over the weekend we had somewhat of a bull flag going on after the break of the ascending triangle, as price approached the bottom support at 14.80 bears stepped in and dumped the stock as I mentioned before in my last post that could have been one of the...
$121 is pretty strong support, and bounced from $113 back into that level, not too convincing to start buying but worth watching nonetheless. Definitely start getting bullish if it crosses the pink line. *not financial adviser
For anyone that follows me you will have noticed I really like analyzing this ticker a lot, because it follows what it needs to be doing.. tomorrow it will test the top resistance line of the triangle, we have set our 4h higher low and it's holding strong. This means tomorrow is a good chance to see if bulls want to break that line, if it does I can see it hitting...
SPY should not be trailing this high. The first indicator is that the MACD is losing steam and wants to curl over on the daily. Losing volume. We also have have been trailing sideways since early April and bouncing off of the key support and resistance level but have yet to cross either. We have also crossed underneath the red diagonal bearish line which...
barely flagging so there's a lot to happen, could have a nice dip before a break to the upside keep in mind this is oil and it's cheap so it could get volatile *not financial adviser
get ready to short the SPY, looking a lot better for a bear entry.