This is a Weekly Chart for BTC and as you can clearly see the Cup and Handle Pattern that formed starting way back at the beginning of November last year. The longer it takes for the pattern to form the Stronger the signal becomes so in actuality $100,000 is just the Near Term Target but I Highly suspect now in looking at this that by January 20th when Trump is...
Tesla's had a good Run but all good things must come to an end. This is my quick analysis and though I don't expect a fast and sudden drop I do expect a more significant pullback. In fact it would not surprise me if in the short run Tesla even see's a couple of downgrades. Notice the candles and the heavy black line 7 day EMA; the stock generally trends somewhat...
Well it's been a long and slow process for Tesla to get to this point and with so many problems and so much potential it doesn't take much to keep investors interested. Though for everyone buying, somebody is selling. So as October nears with the Robo-Taxi reveal, even though a true and perfected version of the FSD Technology may be 3 years away for these to be...
This is one opportunity that I will take full advantage of as the chart is providing plenty of support and potential for a significant swing back up to retest the recent highs that CRWD tested a dozen times already. In this first chart you can clearly see the high channel that was the ceiling for CRWD and initially Investors still found fair market value at this...
For those of you that don't trade Bitcoin and have sat on the sidelines watching others making hoards of cash with it's wild market fluctuations. Here's another strategy that will allow you to participate in the Cryptocurrency Market without needing to have a Cryptocurrency Trading Account or a Crypto-Wallet. In fact you never need to touch a coin and can trade...
Today I'm presenting for your consideration a weekly chart of BITCOIN that over the span of 5 MONTHS has been forming a Bullish Pennant Pattern. The Pattern however is not yet fully formed and though the price has attempted to retest on several occasions now at it's All Time High, the Price has fallen back each time as it appears to consolidate. What we need to...
The next 5 days are all about how the voting will go for Elon Musk's 2018 Compensation Package. In this Daily Chart there is a lot going on and yet not a lot at all as far as movement. In fact the indecision with shareholders is like watching a movie on the edge of your seat because you just can't predict the ending. It's nail biting time. First of all there's an...
Since the beginning of 2024 MU has nearly doubled in price, or actually from Mid December 2023 it has added 100% to it's share price to the current level. I looked at various timeframes including the 15 minute chart, 1 & 2 hour charts, as well as Daily, Weekly and Monthly charts and all of the charts had varying degrees of strength to indicate that the current...
There's a lot going on in the charts with COIN starting with the daily chart and multiple potential target prices shown as per patterns that have formed and though the price has been trending above the 50 day ema now for a month on the daily chart the showing does not convey a lot of strength in the short term considering that their recent financials were...
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As many of you know I am ultimately a conservative trader whose #1 priority is to Protect my Capital. As such I have come to watch for this exact Setup, a Perfect Setup, to take advantage of an emerging trend having just broken out. I am constantly looking for this and when I find it I have yet to lose. Other than what I've explained on the chart I also had a...
As of the middle of February HOOD broke out from a 2 year long Trading Channel and immediately began to form a 3 month long BULL FLAG Formation that as of this past Friday February 17th it broke out from closing at $20.09 for an increase of $2.19 or 12.23%. Their recent quarterly Financials were also very good for the 5th quarter in a row with the Earnings Report...
I'm just trying to make this as simple as possible without creating too much "Lost in Translation". Predicting the price of any stock let alone Bitcoin with certainty is challenging, but several factors can support the hypothesis that Bitcoin could reach $200,000 by the next halving in 2028. Here are eight key points to consider: 1. **Supply Shock from...
This daily chart is using a Fib Retracement Indicator starting August 24th,2023 to document the potential top of NVIDIA's run. Coincidentally the bottom of the Harmonic Pattern showing the double top is in almost perfect alignment at the Fib Line of 4.236 or $845.54 which should be the point of exhaustion for the run yet the price went higher up to approx.$967.00...
Looking at the Timed Cycles for C3.ai I used the Timed Cycles a year ago to predict a 30% price movement and although the timing was off a bit it did hit my target. So here we are again 1 year later and based on the price movement of the stock for the previous 2 quarters I'm of the opinion that History will repeat itself. I also added in a Ghost Feed of projected...
Well finally there's something to look at. Ascending Triangles usually breakout in the direction of the Dominant Trend before the pattern formed so my expectation is a drop to $223 in the near term. The MFI is also pretty weak and the TSI is looking like it's about to break back down below the center line in the next week. Overall this is Not looking Bullish.
I have always said that Price will follow the Money Flow Index especially when you have Neutral Price Action or a price trending opposite to the MFI; when there is a Strong Divergence contrary to that Price Action I've found that 96% of the time the Price will correct to follow the MFI either up or down. In this SMCI 4 Hr chart you can clearly see one set up from...
My thoughts at the beginning of the year in looking at the NDX was that it had formed a double top and it was due for a pull back. Well I was definitely wrong on that as it has continued to surge ahead, imho, against the odds. This weekly chart is now showing the Potential High from the breakout of the Cup and Handle pattern as well as Breakdown targets.