Well $BB didn't go parabolic, but she still wants to get higher. There are key trend lines to cross and we're at a cross roads in the current pattern. But after we break out, I could see her trading sideways before another, more significant break to the upside.
The last time MMTLP broke over the previous ATH it soared. Looks like we're about to break that ATH again after a brief break out today. Unless of course we're about to break down to buy more time. Maybe the S1 approval comes out tomorrow or next week?
Finally getting around to following up on my previous charting of MMAT. It didn't go parabolic when I thought it might, but it sure wants to now. The company is on the verge of big news any day now, meanwhile we're looking at upcoming hurdles around $1.60, $2 and somewhere just above $3. Methinks she breaks soon, but wouldn't be surprised if we saw a big drop...
BB is repeating the accumulation algo prior to January, 2021 and it's moving about twice as fast. In Dec 2020, #BB broke above the (red) downtrend and within 6 sessions gapped up 60% before retesting a major support level. We've been in this same cycle for about 7 months and we're about to pierce the (red) downtrend. If the algo is going to repeat itself, we'll...
It looks like MMAT is forming a parabolic curve. Wouldn't it be fun if MMAT ran back to $2 as quickly as it dropped? Wouldn't it be more fun if it formed a cup and handle after rejecting off of $2, then ran to some ungodly number? Answer: Yes.
An update to my previous post concerning SHIB, which was on the verge of a breakout from it's long term down trend. Not only did it breakout of the trend, it continued in a new uptrend until finally going parabolic Saturday evening (8/13/22). Good stuff! I've included a projection of where I think it might go next based on some analysis of fib extensions from the...
Fetch, Shibu, fetch! SHIB is teasing that long-term down trend line off of the October, 2021 high. Every encounter with that downtrend has resulted in a solid rejection, but I don't think there's much room on the downside.
An extended trendline to rule them all. Drawn from the IPO of #AMC, connected to next low on Feb '16. Note all of the interactions and touches. Crossing it is explosive. See June '21 & March '22 runs.
Blackberry looks like it has some interesting news in the near future.
The more I look at these charts, the more it blows my mind.