bradc1984

bradc1984

Oil has been in a descending wedge pattern for quite a while, the last 19 months or so. It is just now breaking out, price target is between $100-$110 a barrel but could go higher we will have to see how inflation progresses.

bradc1984

The XLV is breaking out after testing the $147-$148 area as resistance since late February. It finally broke out recently and came back down to retest the area as support yesterday, successfully. 1st Upside target is $157, followed by $162 for a secondary target. As markets are falling this week, healthcare typically does well in a bear market, so this breakout...

bradc1984

Core Scientific is forming a bull flag in the $9-$10 range. These bitcoin miners tend to follow bitcoins price movements on a grand scale, while bitcoin has dropped 20% since June 6th from a high of $71,000, down to Fridays close of $56,600, miners like Core Scientific have stayed steady. It cannot be over emphasized how insanely bullish this is. Core is coming...

bradc1984

Pfizer has been getting pushed like crazy on CNBC by fund managers like Josh Brown as a good buy and after looking at the charts above its very easy to see why. Wallstreet pricks like Brown are trying to offload their last remaining shares on unsuspecting retail buyers. As you can see in the first chart on the daily timeframe, Pfizer is below the 200 and tried...

bradc1984

United Airlines has been forming this giant bearflag on the monthly chart since the covid crash in March 2020. If this flag breaks, the target is below $0, which is predicting United Airlines will either file for bankruptcy in the coming years or do some massive reverse stock splits. Either way, I sure wouldn't want to be holding this stock. NASDAQ:UAL

bradc1984

The IWM is currently in a bear flag that has been forming for the past 2 weeks now, withing a bigger head and shoulders pattern that topped out on May 15th @ 209.77. I expect the bear flag to break sometime next week if not friday this week. First target is the neckline of the H&S at $195. If this breaks that will activate the H & S and target for this,...