candlestickninja

candlestickninja

LAZR Short Interest & Bullish Diamond Formation on 4H Timeframe As of June 5th, 2024, LAZR Luminar Technologies shows promising short interest and bullish patterns. We've completed a bullish intraday diamond on the 4-hour timeframe and are basing out at key Fibonacci support and resistance levels. To break out of the May 2022 falling wedge, we need to surpass the...

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SP500 Short Term Bullish Update: Target 5550-5600 As of June 5th, 2024, I’m providing a short-term bullish update on the SP500 (ticker SPX). My expected rise is to the 5550-5600 range with a potential overshoot to 5400, which should be short-lived, assuming 5192 holds as support. Long-term, I remain bearish on the SP500, believing we are in a grand supercycle...

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Pfizer (PFE) is approaching our initial target of $30 and shows potential to hit $31. The S&P 500 may form a short-term rally if it closes today above 5250, invalidating the 4-hour bearish piercing candle. If these conditions are met, Pfizer could reach $31, at which point I will shift to a hold or bearish stance.

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Luminar Technologies (LAZR) is poised for a breakout from its bullish wedge. Following earnings with a slight EPS miss and Tesla news, we saw a rally. Currently, we're testing support around $1.60. Holding $1.60 and breaking $2.29 are crucial for the bull trend. The real short squeeze could occur above $2.50-$3. With VIX levels to watch at $15-$17.50, stay tuned...

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I previously discussed hedging LAZR and other long positions with UVIX/UVXY/VXX and SQQQ calls with 2-3 week expirations. In this update, we analyze the formation of a higher-order bull diamond after a dip below the interim wedge. Observing multiple intraday candle closes above $2.30 will be crucial to invalidating the negation pattern and confirming the breakout....

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We have a bear diamond and many are ignoring the longer term trend line that hits the peak of the January 2000 top on the 1-3 month timeframes, Our October 1st 2021 Top and our current top around 5350-5400, this resistance has created an intraday bearish diamond pattern that's about to play out by tomorrow to sub 5,200

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We are at a triple top with a low circa 12 VIX max is 5400 before the fall. We will not get what Deutche Bank wants 5500 mark my words

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We are at a very powerful trend line resistance area and I'm not bearish. If we break 5150 on the s&p500 I'll become very bearish. I'm already bullish SQQQ and UVIX, UVXY, VXXB Long VIX ETNs.

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I bought long SQQQ $10-$10.50 May 24th to 31st calls this morning, if we hit 5400 i'll add. The VIX is bouncing as suspected at $12 and the S&P500 wants to dip below and confirm a 5300 fake out which was my bias and the DOW (DJIA) wants to do the same at 40k bitcoin is faking out above 67500 into an expanded flat pointing to my 63,300-63,500 short term short trajectory

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In my revised Bitcoin update for BTCUSD, I outline two potential trajectories. In the short term, I am bearish, while my intermediate short-term outlook is bullish, anticipating a spike. However, my longer-term view remains bearish. Among the two projected paths, I assign a slightly higher probability (60%) to the Green Line trajectory occurring. This probability...

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For the VIX we are in load up zone, whether for speculation or hedging. I've mentioned before I think 12-12.50s come with bounces to 18-19 until we get the next rate reduction that pushes us towards sub $12, that's been my bias, next leg down could be it but i assign the following: 85% probability $12 holds we go to $17/$18 10% we dip to $10-$11 5% something...

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We have a diamond forming that will take us towards my target of 63,300 or so before towards 70k after 67.5k of course Let's hope for us options traders we get the up fast... come on candles!

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In our latest analysis, we dive into Bitcoin (BTCUSD) on daily and weekly timeframes, highlighting key Fibonacci ratios, support and resistance levels, and bullish diamond formations. After rallying towards $67,000, Bitcoin is now retracing to $63,000 before we anticipate a bounce back up to $67,500 and $70,000 within 5-7 days. This comprehensive update...

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Ensure you hedge your trades and know your maximum loss and profit, especially if you have limited funds to dollar cost average or are trading options. For informational and educational purposes only, I prefer buying laddered call options on UVIX (1.5x), VXX (1x), and UVXY (2x) at sub-$13 levels over 2-4 weeks that align with my long "risk on" call expirations....

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The VIX has reached my 12.50-13 target and is poised to hit 12-12.25 today or tomorrow. Following this, I anticipate a bullish diamond pattern forming. This setup signals the next leg up, prompting me to go long on UVIX. Within the next month, I'm targeting the 17-18 zone for UVIX. Stay tuned for strategic entry points.

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Laser Focused on a $2 break and it's no coincidence this is the first next options chain strike price. Man those options pricing models are perfect algorithms to bend us over and.... well you get the drift. Let's go $2++ gets us $2.30

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Long on NASDAQ:RIOT Short-Term Price Targets: By Friday (May 17) or Following Monday: $11.50 to $12 Early June: $14 Early to Mid-June: $16 Technical Analysis and Key Indicators Support and Resistance Levels Immediate Resistance: $11.50 to $12 Next Resistance: $14 Upper Resistance: $16 Chart Patterns and Technical Indicators Moving Averages: Check the 50-day and...

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RIOT Games is bullish and winding up, Bitcoin still needs at a minimum FWB:67K up to FWB:73K (double top zone) based on technical indications. RIOT should follow suite and once we break $10 psych As soon as everyone calls bearish and doom, I don't just get emotional I get technical, like a ninja! Let's Go!