ALLY is an online bank that just did away with overdraft fees. It just pulled back to its 50-day EMA, and it's a great entry point on a solid company.
Not a cruelty-free, vegan beauty company ELF, which makes the best primers on the market, beating its Q1 earnings estimate by 7 cents a share! Yes, indeed. In fact, they've beat earnings estimates four out of the last five quarters. This low-cost drug store brand is eating up market share with its consumer-friendly price points and awesome products. As women...
$HTOO recently hit its golden cross on June 7th. Things are looking up for Fusion Fuel Green PLC. This is not trading advice. I'm new to this. Please do not listen to me.
To me, this looks like a falling wedge on NIO. I'm new to technical analysis, but don't falling wedges usually break down? Not to mention a low-key head and shoulders pattern is forming as well. This is not trading advice. I'm new to this and still learning. Please don't listen to me.
I've been looking for solid, well-positioned value companies to park some capital in while the current market craziness subsides. Not many out there, that's for sure. But this may be one. Let me know what you think! LRN looks like it's headed for its golden cross on decent volume. It will probably touch its 50-D EMA again, which might be a good entry point. ...
I think there is a head and shoulders formation is forming for CRON. I'd short it. This is not trading advice. I'm new to this and wrong more often than right. Please don't listen to me.
Every analysis I've seen on AMD is Bullish, and I hate to be the naysayer, but I do not see it. At least, not right now. Here is why, based solely on chart patterns, trends, and technical indicators. The following analysis should be viewed as valid only in the short term, say, one to two weeks, and depends on assumptions related to consistent volume patterns....
March 18th, I said I thought a Head and Shoulders Pattern was forming on HEXO. Today it closed below the neckline. This is not trading advice. I'm new to this. Please don't listen to me.
There is a Bullish Pennant (not pendant) forming for INTV. According to Hind, the Bullish Pennant Pattern is the worst reliable pattern, with a success percentage of 54.87%. We should wait for confirmation next week before getting in. This is not trading advice. I am new to this. Please do not listen to me.
This sine wave fairly well predicts the dates (not the values). This is only an observation. I like patterns. This is not trading advice. I think it will be interesting to see if the pattern holds.
GPRO has fallen since its initial gap-up "pop" a few days ago, which is expected. The question now is, will the "pop" propel the stock further into bearish territory. Because it came on heavy volume with an "Island Gap," I think so. As you can see, it was trading mostly at the bottom of its trading channel. It might fall a bit more as the price settles in. ...
LINC will test the resistance level around $7.85 with possible cup and handle forming. I'm neutral. It's up to you how to play it. This is not trading advice. I don't know what. I'm doing. Please do not listen to me.
NCTY, aka The9, is another Bitcoin mining company (as if there aren't already enough to choose from). On Friday, it ended down the news that the company will purchase another 24,000 Antiminer S19 mining machines scheduled for delivery later this year in November. It is currently a textbook pendant, which is slightly down-trending (as seen by the trendline...
Hey everyone! I'm new to trading and learning to spot patterns. This looks like a cup and handle to me. From what I understand, cup and handle patterns are supposed to be easy money. Feedback would be much appreciated! Thanks!
In the last 5 years, BTC has had five periods during which it traded above its 50-day EMA for significant stretches of time. These lengths were 105 days, 56 days, 91 days, and 112 days. It has currently been trading above its 50-day EMA for 147 days. It nearly touched its 50-day EMA once on January 27th (111 days). Additionally, the 105-day, 56-day, and...
I see a Head and Shoulder Pattern forming in HEXO. Confirmation around $6.28. This is not trading advice. I'm new to this and wrong more often than right. Please don't listen to me.
I'm putting GPRO on my watchlist for a future short. This is not trading advice. I'm new to this. Please don't listen to me.
I'm new to trading, so I've been reading a lot on Investopedia. I've also seen many bullish ideas on FCEL. But I'm just not seeing it. According to Investopedia, bearish flags tend to have even volume during the downtrend, and that's what I see here. Also, I see an increase in selling pressure in recent days, even when the price has gone up (not a good sign)....