NEWS CCIV to possibly announce DA on Tuesday with Lucid Motors Merger. TECHNICAL OBSERVATIONS This week, I have been watching CCIV like a hawk. Up until Friday, these dips and pullbacks are bought up quick. CCIV looks strong at $54-55. SUPPORT & RESISTANCE Support: $52.50 | $50 | $45 | $40 Resistance: $55 | $56.50 | $58 | $60
UBER on 4H: Will UBER hit $70 before 2022? RECENT NEWS UBER tumbled last Friday after Britain’s top court said its drivers should be treated as “workers” rather than contractors. TECHNICAL OBSERVATIONS UBER has been trading within an upward channel. We are sitting at support, watch to see if we can move up here. One concern is if we pullback further, there is a...
NNDM on 4H: RECENT NEWS: NNDM Closes $500 Million Registered Direct Offering. NNDM intends to use the net proceeds for strategic opportunities such as acquiring new technologies to better their machines. TECHINCAL OBSERVATIONS: Currently NNDM is in a bull flag. NNDM tested resistance on 2/10 and pulled back. NNDM has the opportunity to bounce up from this...
PLTR on 4 HR: showing signs of reversal to upside RECENT NEWS Cathie Wood's Ark Invest ETFs acquired over 6.8 million shares of PLTR last week. TECHNICAL OBSERVATIONS PLTR was trading in an upward channel but broke below the channel early last week (2/16). Toward end of the week, PLTR recently bounced with huge volume with more institution buying. NYSE:PLTR...
JMIA has huge volume, I think it carries on the rally - tags $65-60 area before heading back to support.
DM looking bullish on a larger time frame. It's been forming the handle for days now, don't sleep on this.
It looks like AMD has been able to bounce off support. Depending on Intel earnings, AMD may run up before ER.
Netflix earnings is this week, Jan 19, Tuesday. It has been a channel and forming a triangle with a $50 upside from current price.
Apple has been consolidating. Cup & Handle on larger time frame. Triangle forming now. LONG!
Looking like a falling wedge. NFLX looks ready to pop before earnings.
Been forming a bullish pennant on the 4 hour time frame. Mental number is $900.
TSLA has been forming a Bullish Pennant on the 4 hour timeframe. The Upgrade it received today, may just be the fuel needed to make it move to a mental number of $900.
PLTR has a triangle patter on a larger time frame. The Live Demo Event on 1/26 should be a catalyst for PLTR to move higher.
Charted SPCE after seeing it run up 15% after hours. There was a inverse head and shoulder before the rally. According to the fib retracement, we need to break over around $31.30-31.40 in order to go higher to $35.