themoneyman80

themoneyman80

Oscillators are not ready to reset, not OB or OS, but more neutral. The only chart pattern is the higher lows, but a squeeze is coming in even though the histogram is fizzling out, I am an avid supporter of 246-250 based on indicators.

themoneyman80

With other major indicators backing this move, the 2 candles (last 2 sessions/Daily) have a sense of bottom before the push, but others seem to be lacking and not everything is adding up to obtain that sustainability and insurability that this can bounce from here even a slight move up can be proven as false.

themoneyman80

As previously suggested, the charted course changed significantly with central geopolitical and selling pressure based on catalysts surrounding inflation fears; I feel that this discourse is similar, maybe with a hint of differentiation 21500

themoneyman80

After the bounce into buy territory, sales haven't reset entirely, and we anticipate a further drop in the region of 1650-1700.

themoneyman80

Oversold levels on many oscillators, including one followed closely and stochastic, the trend pattern hasn't broken so far, and consolidating at this level on support with many indicators confirming this move, it will indeed move north to or target the 975 level.

themoneyman80

With crossover on averages, ema, SMA, short, long, stochastic at the oversold level, Heikin confirmed, as is MACD, and 200-100 will take time, but certainly has room to run from the recent amount of consolidation.

themoneyman80

Been following the same chart patterns for YTD and the same pattern with consolidation and move up great catalyst, extraordinary fundamental value; TA has been scorching red hot. A closer look is a stairstep pattern on the daily.

themoneyman80

Moving up another 1-2% in the coming week. Lovely candle to end the week; it's a bullish run on all oscillators except waiting for confirmation on one. Sentiment, plus confidence, very high.

themoneyman80

With the bulls escaping after a rough night into the new year, all indicators, oscillators, and other news point towards a bullish run to at least 21500. The MA, stochastic, RSI on daily-weekly-monthly point in this direction.

themoneyman80

No sign of any chart pattern reversal; it looks like a straight drop to the 180s. Until then, there is no indication of a bull reversal. I would be hesitant until I have more confirmed angles, but the timeframes suggest it has room to fall.

themoneyman80

It has not been confirmed, but downside momentum continues, which might have a lot to do with the sentiment of healthcare. Is there room for improvement and an overhaul of how things are currently run as the administration closes in on taking office? Technically speaking, it has room to run, solid support again at the initial area confirmed by many oscillators,...

themoneyman80

This has been a good stock fundamentally, and catalyst is not often giving it the credit it deserves; I am closely monitoring a reversal, but oscillators are not sold on the idea of not curving as quickly, 4th time it has hit the support line could break this area into the 70s region before we find a solid area of buying pressure also volume is high between the...

themoneyman80

Moving averages are still bearish, oscillators are still working overtime in bear territory, and the bottom isn't entirely confirmed. Still, it does seem to be shifting toward a reversal at some point. For now, waiting on confirmation that 679 is the first target; if it breaks, 650 would be to retest the low, but I don't believe that would break, but the first...

themoneyman80

Reading many timeframes and patterns, it's a simple concept along with good or bad fundamentals, and of course, the catalyst is to sell the news or buy the speculation. In this case, reading the chart, we see oscillators that are turning to the downside, we don't see confirmation of the bottom, we see moving averages about to turn bearish with a death cross, and...

themoneyman80

Many of the oscillators are hinting towards a move-up based on the controversy surrounding the ticker about the catalyst. Still, purely focusing on the TA, I see a few areas curving nicely, oversold levels, and a nice bottom here waiting on confirmation, but I do like this area for a bull run.

themoneyman80 Updated 

As the symmetrical triangle indicates, this is quite close to the lift-off of newer proportions, a key area to highlight, and this ping-pong shows 100 crossing over the 200, getting closer each day. Still, I don't think we're quite there yet, as some indicators have stated that we could sit anywhere in the 340s, simply ready to pull the trigger with so many setups...

themoneyman80

As for the where and how on everyone's mind, we will break it down for you; it has broken through levels that could have acted as strong support, like Fibonacci retracements, Keltner channels, and closing in on the Bollinger, volume is not as high as it was when making the highs. Still, as we look at angles and lines symmetrically, it seems to be coming to a head...

themoneyman80

We have not quite reached the fall we have anticipated, as bearish indicators are popping off everywhere like it's New Year's Eve. The trajectory is short-term bearish unless I'm convinced otherwise. Besides that, the drawing dictates a very bullish stance, which is near-coming, as the trendlines specify. Bears hunting ;-)