Not that everyone needed another NFLX short idea but here you go! Disclosure: I am short NFLX. The bearish case is still intact despite this euphoric rally, unless the quarterly earnings report is a major beat by all standards. The late December head fake breakdown of the descending triangle reached its upside targets and the rally is facing a heavy cluster of...
NASDAQ:TSLA , continues to hold up after reporting its Q3 earnings and despite the broader market downturn, it appears poised for a bullish setup into year-end. However, there are signs that the short term bull trend has been exhausted with oscillators (CMF and RSI) showing lower highs. This is invalidated if we can break through the overbought condition on the...
Disclaimer: The lines are hyperwaves. Credit to Tyler Jenks. Check out his Youtube channel, Hyperwave . 2018 has not been a great year so far for BTC/USD, but it could get much worse. I hope I am wrong, but I see it breaking down the closest weekly trendline at ~8.1K (I'm expecting this next week). The trendline has been resilient since July 2017 but factoring...
Projecting a bounce and re-test of symmetrical triangle breakout ~10,800K. Downtrend to continue after, targeting 9K based on volume profile analysis. An aggressive short opportunity is in play at 10.8K using TD indicator. If a bearish price flip occurs at the target, enter with a stop loss at 11.1K, and targets at 10K, 9.5K, and 9K.