tacosontitan

tacosontitan

Just writing a new indicator and found out that I can use any unicode character with the plotchar function haha hope it made you laugh. 😁

tacosontitan

I think the answer is yes, but it's due for a heavy pull back. Either way, going to be a fun ride! I'm thinking the trend continues because volume is nice and steady, and earnings coming up. It may try to consolidate in a few days, but that may be the pullback it needs to launch again right after earnings.

tacosontitan

I think consolidation is likely to continue for a few more days.

tacosontitan

I think two things are likely; either a hard support line, or a higher low support. Either way, everything is saying this will head down this week before a bounce off of some support line.

tacosontitan

I'm not quite sure and the options chains have burned me a few times the past couple weeks already. Incredibly consolidated and waiting for Elon's hype train.

tacosontitan

I think so, volume is steadily increasing day by day, golden cross a few days ago, and sitting at a resistance point.

tacosontitan

Consolidated, volume is steady, not much excitment.

tacosontitan

I believe that SPY is due for a break out from the current resistance and will begin to test all time highs in the coming weeks. Golden cross on the daily chart a few days ago and volume is picking up steadily!

tacosontitan

Based on double touch of fib retracement resistance line and larger uptrend candle on Heiken Ashi chart. MACD along with divergence of the 50 and 200 moving averages doesn't show strong support for the uptrend, but this market hasn't made much sense lately.

tacosontitan Updated 

SPY may have an opening climb this morning, but showing resistance around the 252 - 254 range.

tacosontitan

LK plummeted this morning on news of potential fabrication of transactions spanning the second to fourth quarters of 2019. The drop was from roughly $26 a share, and plummeted to roughly $4 per share. Shortly after open the chart began a massive climb up. I presume this is due to short sales closing positions, and dip buyers coming in to snatch up shares. I'm...

tacosontitan

Based on the 15 minute chart, a death cross should occur during the first two hours of trading tomorrow. Hopefully I’m wrong and earnings come in strong.

tacosontitan

Currently well into the divergence following a death cross; with earnings tomorrow, the current trend could reverse towards a future golden cross. However, the last earnings date began the divergence to the death cross in the first place.

tacosontitan

Massive divergence of the 50MA and 200MA displays a beautiful death cross in action and the MACD is converging with signal for a downtrend on the daily chart. With earnings tomorrow morning and all the negative news around COVID-19, this one's a no brainier. If the current support breaks then Carnival may go sub $1.

tacosontitan Updated 

A death cross has officially formed on SPY's daily chart, and has opened wide.

tacosontitan

Based purely on the first step in convergence between MACD and signal, still need another candle or two for confirmation. Fib showing support around 228 if we do begin to decline heavily. Will be watching the daily chart for confirmation.

tacosontitan

SPY may climb a little this morning based on MACD convergence with signal, RSI indicating heavily oversold, crossing the VWAP, and approaching EMA. Resistance between 250 and 252.