shmalexx

shmalexx

Repeating topping pattern, bearish divergence on the rsi.

shmalexx

Rsi way too high, price at top of trend, big correction coming

shmalexx

Wedge breaking down back into flag. Looking to retest lower fib levels of the drop.

shmalexx

BYND topped out with confirmed ascending wedge. Entered short.

shmalexx

Big ascending wedge top. Overshooting res, which is not uncommon in this pattern.

shmalexx

This rally is printing a ascending wedge typical of a trend reversal. Maybe be time we test the Neckline of the possible H&S

shmalexx

Markets and Tesla looking topped out.

shmalexx

Breakdown of huge symmetrical triangle. Now fully retraced to the .618 while forming a bearish pennant. Both the trend based fib and symmetrical triangle pattern targeting $16~

shmalexx

Bearish wedge target@$25

shmalexx

Bear flag with a target @ $62

shmalexx

In the next few days, I believe we will see a sharp sell off to the bottom of this descending wedge we are in to 2800. Next we will rally with shorts closing and give a strong bullish div on the daily and a big bottom wick on this weeks candle. Then we will test the lows early next year and perhaps continue up with a big fat double bottom. Just an idea.