Bearish on MDB short term. Seems to be on a trajectory to low 300's by Apr 24th.
Could go lower afterwards to check its base of 250 but I doubt it. Once it reaches the low 300's I'll be very bullish.
This is Tesla on a log scale. It lets you see the big picture.
By Oct 1, 2024, TSLA will reach a brand new all time high. Minimum 387.44.
Why October? Because that's when TSLA's all time high will intersect with its fair trade price. That would only happen with a company that isn't growing, so unless something happens with Elon it will be squeezed into pushing...
Bearish on QLYS.
Long term headed towards 135.
Short term:
Possible bounce toward 180-185 from current price of 165. But only if it at least holds onto the 165 level until April 5th to clear its current downtrend.
Then a drop to 145, making another bounce to165 before making its final drop to 135.
Slight chance it may make a quick dip into the low 120's just...
Ignore the chart. It's incredibly distorted, maybe the time frame is too much for TradingView. I might try and upload an undistorted version in the comments below. Anyway.
I thought ADBE might have a breakout soon so I spent a couple hours this morning making this chart. Conclusion: Holders of ADBE will get a Christmas present this year. ADBE will try to...
NVDA is about near its top if it hasn’t reached it already. It could send feelers up towards the 915 level by mid April but I doubt it. It’s about to begin its descent to 580. Three possible paths, all of them lead to 580.
The most likely path, since I expect it will drop as quickly as it rose, is it will make large gaps down at these levels:
775 by mid...
Roku has been slogging sideways for some time now. The problem is the bottom of the sphere and the base line beneath it are too close to one another. Price action can’t tell the difference between the two. Hence the whipsawing up and down in that tiny narrow range of 64-65.
The good news is the bottom of the sphere is finally beginning to curve away from the...
