The Momo chart is a complete puzzle of patterns, which magically appear when using the zig zag indicator in daily candle. It reached what appears to be a bottom between yesterday and today, I am almost sure that it is the point C of a bearish harmonic pattern, so it would follow a bullish wave towards D. What do you think is the most "natural" pattern for Momo...
It is at a very strong support level at $130-120. It has strong resistance at $200 and has yet to touch its all-time high around $250 (it will eventually). 3 major oscillators are at the oversold point (buy signal). It is waiting to start a trend after spending almost 1 year trading in the same range (120-200). I see no way that it will continue to fall unless...
It appears to have completed its correction since the peak in August last year. A maximum bounce to $ 1,900 per oz (78.6% from fibo) is now likely. The current price coincides with its 100-period EMA and the 161.8% fibo, it is a good entry point. You can take a particular miner, go leveraged in gold, or buy a leveraged ETF. TVC:GOLD
It usually bounces between 60 and 170 percent, previously it has respected the buy and sell signals of the squeeze momentum indicator, if repeated it could return to a minimum of 40 dollars and a maximum to the range of 50-60 during the next quarter. It has a strong support around $23 and a significant resistance at $35, if it passes it, we should expect a...
The $100 seems to be a good support level for this stock, which, in turn, is anchored at the 252 EMA. If it respects it and reacts, it can go back to at least $120 on a rebound. NASDAQ:PTON
A possible bullish AB =CD pattern may be forming in the Mexican peso - US dollar pair. My hypothesis is that it will return to at least 20 pesos per dollar and then rebound. The most that could fall would be around 19.6 pesos per dollar. The potential reversal zone (D) coincides precisely with the 127.2% of the fibo and with a level that served as support in...
Assuming that the wave count is correct, Mercado Libre could be close to completing a corrective wave to start the fifth wave of impulse, which could send the price to the range of 2,500-2,700 and high at $ 3,000 in the fall of this year. It is currently at $1,400, the $1,200 is a key support level, more than that I doubt it will go down, if it does touch them,...
It can bounce up to 78.6% of the Fibo around 13,500 points. A more conservative take of benefits would be found at 61.8% near 13,200 points. We will see if the pattern is fulfilled. CURRENCYCOM:US100 TVC:US10
It has the potential to reach at least $ 1,000 this year. Unlike other cryptos, this one has not yet fully taken off and is still below its all-time high. It may be on its way to completing the CD path of a Crab or Bat pattern. In bullish trend since December 2018. The most that could go is $ 4,000. 78.6% and 23.60% of the fibo have served as resistance and...
50 EMA flattening. MACD and Awesome Oscillator below 0 with signs of reversal. It has a strong support level at $1.00 and a resistance level at $1.50. The new styles of consumption could make this company more prominent despite the economic losses. "The Alkaline Water Company Inc. (Alkaline) is a premier bottler of alkaline drinking water, with an 8.8 pH...
At relevant support at $ 15, the next level is at $ 13.5. It has the potential to go up to $ 20 and a maximum of $ 25 in the medium term. 50% below the peak of March last year. Stochastic and RSI at the oversold point. It is a company that has struggled to be profitable, although I highly doubt that it will disappear, on the contrary, I see that its technology...
90% below its all-time high in June 2019. Stochastic and RSI at the oversold point. The Williams Oscillator has been in negative territory since August 2020, is a reversal coming? Nuze has been trading at a loss for some time now, which has dragged the share price down, positioning itself near a relevant support level not seen since March last year. If it is a...
Close to its all-time low. Stochastic, RSI and money flow at the oversold point. Why would it keep falling further? I see probable a recovery to the marked lines. NASDAQ:FIXX
It seems that it bottomed out last Friday, March 5. I see no way for it to drop past $10. Stochastic and RSI are at the oversold point. It is a good entry opportunity. NASDAQ:GOEV
Almost 50% below the January peak. It has fallen steeply since the end of January. The Stochastic and RSI have been near the oversold point for a few days. It had a strong capital flight since February. Will it be close to bottoming out? I doubt that it will fall beyond 10 dollars, being a company in a growing sector it can be a good entry point. In...
85% below the July peak of last year and 99% below its all-time high. Orbiting a major support level around $4. A capital injection began in mid-November that is still not properly reflected in price. Stochastic at the oversold point and RSI close to touching it. It could give the surprise of giving a significant bounce to the marked lines. The risk is that...
More than 50% below the January peak. RSI, Stochastic and Williams Oscillator at the oversold point. With the potential to return to $30 in mid-April (almost 40% profit at the current price). Belonging to a growing sector. NYSE:AMWL
Almost 50% below its all-time high in October 2017. At a relevant support level around $ 14, the next bottom is at $ 12. It has a resistance near $ 17. It reaches its peaks in the fall, if this pattern is replicated it could reach 25 dollars for this year (almost 80% profit with the current price). RSI and stochastic at the oversold point. Although it fell...