NASDAQ:MRNA looking to absolutely blast off here. It has had a clean 5 waves down and it's about time for a bounce. Falling Wedge + Divergence = Moon. Let's keep it simple. Buy now. Sell at 160 by EOY.
These sequences of candles show reversals in trend. As UNH has gone up recently, in the past few weeks, a reversal means downside is to come. We will at least test this horizontal support area that is highlighted in white below.
KO brewing up to fly in a few sessions. Falling wedge with divergence looking nice to go!
Sad to say that my employer's stock will cut in half. Rising wedge forming at the right shoulder of JPM. Coincidentally, this is where the .618 retracement lies as well.
AXP is showing pretty clear signs of all time highs coming by June-ish.
$MRNA in the ol wedge formation is going to send this thing down to the low 100's at least. U.S. no longer in a pandemic will send the company earnings to doo doo once more.
Hit my target to a tee that I created a couple weeks ago. Now it's time for a juicy bounce up to the 250 area.
If $TSLA can't break above 140, we're headed to well below 100 levels where it'll bottom out $TSLA is STILL overvalued
$ABNB has been trading in this range since September and it looks like it's getting ready to breakout. Regardless if it is ready or not, just play the range.
Bye Bye JPM. Bad news showing how JPM helped Epstein with his madness. Probably not a good look for the company. JPM has a nice head and shoulders formation pattern forming and I think that this stock could see a good amount of downside (30%).
This stock has remained way too high for way too long. I think it will retest this breakdown and then fall to roughly $200 at least.
I'm extremely bearish on Lululemon. I have no idea how the price remains this high. It's an overvalued stock compared to it's sector and it has a fat head and shoulders formation on high timeframes. I can see it coming down below $200/sh.
Bullish on UPS with this clean falling wedge here. Play the breakout.
CCL has been trading in this box for half a year now. $8.06 is a massive level and we should watch for it to break out of this box.
If ABNB manages to get above the 86.75 level, we should see a pretty nice rally opportunity!
Home Improvement Retail to get slaughtered in 2023. I see a big bear flag that has been building on Lowe's here. When recession hits peoples' wallets, there will be no interest to improve their homes. Inventory will be piling up in $HD and $LOW and we'll see stock prices to fall back to pre-pandemic levels.
Caterpillar breaking out of it's bullflag today shows that it wants to test all time highs again. If we reject all time highs (white line), short it. If we break through, look for us to make our way into the golden zone up above.
Confirmation bias is bad for you. If you are bearish, analyze the chart. I do think we head lower next year. I find that $QQQ is trading in a bear flag. We are reaching the lower bound however and are due for a bounce in my opinion. I'm typing this as the BoJ caused futures to drop 1% but I think we recover and see green tomorrow. I think that we have a slow...