chrisholley23

chrisholley23

NASDAQ:WDAY showing resistance at the top of the trend channel. A good place to short here with a price target at the bottom of the gap. Stop being the new all-time high made today.

chrisholley23

VEN is currently riding the support I have been calling for. The RSI sits in the overbought zone, and the MACD is currently alerting me that we may be at the bottom and turning upward. These signs both tell me that a bounce may be coming soon, but the lack of volume has me concerned. Right now I think it is a real possibility that this level breaks down and we...

chrisholley23

A classic case of "buy the rumor, sell the news". The VeChain re-branding event occurred a little under 24 hours ago, and the price has plummeted. This price action came as no surprise as the developments have followed my predictions near perfectly. After following the trajectory within the blue rising wedge, there was an anticipated breakout to the downside which...

chrisholley23

Here we are for the update on VEN! So far things are shaping out perfectly as anticipated. The rising wedge was a little more restricting than anticipated, but you can see the breakout, coupled with a high volume *circled*, rapidly plummeting RSI, and bearish divergence all confirm that VEN will continue dropping down to the anticipated support line. This support...

chrisholley23

On my last post I feel as though I rushed the analysis and missed some important developments. As you can see in yellow there was a clear inverse head and shoulders developing, initially formed by the breakout of the downtrend channel (in black). The left shoulder and head were there, but the right shoulder failed to reach the neckline, resulting in a breakdown of...

chrisholley23

This is my first post. I am relatively new to trading, and I got in at a tough time (December, ouch). I really like this project and what it has to offer, let me know what you think of this analysis. VeChain as a project looks very promising, and one that should be looked into as a long term hodl. For those that are unfamiliar, VeChain is looking to add RFids to...