jakelikesstocks

jakelikesstocks

Big Head and Shoulders looking to play out on NYSE:QS Price needs acceptance in orange area or it will continue to explore downside liquidity.

jakelikesstocks

NYSE:QS Hello all, First time puling up the 8hr chart for QS and I must say. I don't like anything about this in the long scenario. Here is the downside charted out. I didn't consider fundamentals in this analysis and this chart is for educational purposes only.

jakelikesstocks

NYSE:QS Quick update for anyone following. Does look bearish but this is QS we are talking about here. Here are some quick levels for everyone. This does look like a short here, however none of my indicators are so not close to producing a signal I would be comfortable acting on.

jakelikesstocks

UVXY Break out fail update. Stay safe.

jakelikesstocks

I know you guys like NASDAQ:TSLA so I thought I'd see if I could find levels. This thing looks interesting but I can't see anything good here, however something may set up soon! If you're in, congratulations I don't usually check out TSLA. Stay safe.

jakelikesstocks

Here you go. Levels to watch right now.

jakelikesstocks

Here are your UVXY levels. Please be careful and refrain from any violence regardless of sides. God bless.

jakelikesstocks

Dow has shown recent bullishness however that might be coming to an end soon. We gapped up today over a low volume area but we have several confluent supports coming up in that zone including anchored vwap, moving averages and trendlines. I do expect us to retrace and fill at least some of this gap, but we may go lower to test the vwap's and moving average...

jakelikesstocks

Quick NIO Update. Price has hugged the trendline we needed although this isn't doesn't look too promising since the the Moving Average Delta Indicator is beginning to turn towards 0 which signals the buyers may be thinning out. I will be watching this to see if any major patterns develop. NYSE:NIO

jakelikesstocks

A quick analysis on IWM shows a huge wedge that's been forming since March. This isn't an unknown pattern, but I've mapped out some importanttrendlines that have been having an impact on overall price action. We actually gapped back up into the wedge Nov. 10 but now we're at risk of breaking down again.If we do, there are some areas of volume support so I don't...

jakelikesstocks

Is QQQ telling us it wants to go down? Take a look at the pattern we have. And the eerily similar price action to october - Break through gap, rejection, fill gap area and continue down. I'm not implying this is a clear indication but we have larger volume areas below that price is usually attracted to. The MAD is curling up slightly, however it's definitely...

jakelikesstocks

Nio looks really good. Our CDV indicator shows a lot of strength on the buyer side and is pacing with this crazy upward price action. There is a lot of hype around who is going to be the next TSLA. We've seen some questionable stocks soar just because of news hype with no fundamentals considered whatsoever. This may be a different story with NIO. China just...

jakelikesstocks

Checking FSLR we can immediately see a warning signal from our CDV indicator at the bottom of the chart. Since Oct 7th, we've been on a down trend indicating the bulls are really losing momentum and the bears may be ready to feast. This is a bit of surprise since they had a big earnings beat only two weeks ago. On top of our CDV divergence it looks like we also...

jakelikesstocks

BABA 2 Day Analysis. I just caught a trend I wanted to point out. The bulls do have a very strong trend in play underneath at 253 acting as support. I pointed that out with the heavy blue lines and colored the top as support to show where it is in relation to current price action. The bull zone I posted earlier happens to be positioned in the top portion of that...

jakelikesstocks

Quick Analysis for BTC We have what seems to be a huge confluence of resistance trendlines at 15800. The bears might hold this area strong and consolidate price a little further until these resistances begin to break apart. BTC seems to be in a cycle and their cycles can be extremely overextended so Indicators aren't the most useful on BTC. With all of the...

jakelikesstocks

BABA has recently been beaten down by bad news losing almost 20% of it's entire value in just over two weeks. This puts us past a simple correction and may indicate participants are looking for a new price level and new technical structure. The bulls did a great job on the way up (since March) however they did not technically build out a lot of trend support....

jakelikesstocks

At this point, MSFT isn't providing much clarity. We've formed a descending wedge that the bulls absolutely crushed through, unfortunately the bears came out and pushed priced back down into the pattern. This was a big loss for the bulls as they were looking to get control of some major trendlines. Now we're sitting at the bottom of our trendline support. I've...

jakelikesstocks

Vaccine Update: PFE announced extremely positive results today. Sending ZM plummeting and disregarding the current technical trend. This isn't surprising as the value of the stock was highly speculative on the uncertainty of our future and covid. Now we are entering a phase called "price discovery" This is when price action searches for an agreed price between...