thatinvestorlife

thatinvestorlife

It appears that the impulsive 5th wave was completed at 680 with confirmation with a higher low at 720. As long at price action can hold the lower trend, you could expect to see a bounce in the short-term. *not financial advice, just opinion*

thatinvestorlife

Tesla is a trading in a Cup and Handle pattern, bullish as long as it continues to trade within the current channel. Institutions shaking out retail to buy shares at lower price.

thatinvestorlife

I suspect elon sells twice this week causing the price action to fill the gap at 845. Until he's done selling, which could happen by the end of the year, I don't see a short-term base forming

thatinvestorlife

Textbook head and shoulders pattern complete. Clear break of the neckline and to sell down to the distance of the left shoulder and neckline. Could see a bounce here Like, follow, comment! Thanks *not financial advice*

thatinvestorlife

Bitcoin recently made all time highs, but had fallen back past the previous ATH closely thereafter, making it a failed breakout. This might be an epic double top pattern. I'm positive longterm, but theres still 100x leverage players, weak hands that still need to get flushed out, and inflation fears/rate hikes, selling pressure may continue for a while. Just my...

thatinvestorlife

Elon still has a ways to go until he's done selling 17mm+ shares equalling 10% of his ownership. With that being said, I can't see large institutional investments being placed into his selling. Along with the fear of persistent inflation and hence margin pressure for the company, continued short-term selling pressure till the beginning of the new year is...

thatinvestorlife

VIX is in an upward trend short-term. If this trend holds it could be an indicator of more selling pressure ahead.

thatinvestorlife

Still in an up-trend but could see price action lower. Positions in the QQQ are incredibly overcrowded. Support at 392, 380, 370 *not financial advice*

thatinvestorlife

As the business refocuses on the btc exchange and the blockchain overall, I see support at 170. It could be a choppy next 6 months, but long-term the company is positioning well for the future

thatinvestorlife

Mirror Mirror on the wall, what will LULU do post earnings? Well guidance proves weak, falling out of pattern, support levels at 400 and 385 $LULU *not financial advice*

thatinvestorlife

BTC needs to hold these levels or it's headed further south. With CPI coming out tomorrow morning, "risk" assets are at most risk with interest rate / taper accelerating.

thatinvestorlife

I could see a leg lower post earning on a slowing growth outlook down 5-7% Friday, this even with the share buybacks and potential margin expansion with shipping related costs decreasing. Solid company w/ tough comps and competition heating up. *not financial advice*

thatinvestorlife

Tesla is trading in a short-term downward channel, interestingly at the same 11 degrees that the previous trend was trading in the first half of the year. Most likely the price action stays within the channel till earnings in Jan. Also, Elon and Cathie are selling enough to keep pressure on the stock (Elon selling for taxes due to options and Cathie for portfolio...

thatinvestorlife

Trading in an up channel, but has a risk of a head and shoulders pattern forming

thatinvestorlife

Fear overdone, bull market continues, bottoms over the next few weeks

thatinvestorlife

I could see price action lose support in both short term trends to eventually fill the 908 gap before heading back to 1500

thatinvestorlife

Bull pennant, bear flag, or widening triangle? Leave idea in comments

thatinvestorlife

Look for BTC to test 56k, but ultimately finds support at 53k and the lower part of the channel before moving higher