Where is Solana heading in the near term — to long term? This post isn’t necessarily my personal prediction of SOL. I’m simply pointing out what I’m seeing in the daily chart, as well I take into consideration recent events that could be a catalyst for a price change in Solana. I’d like to hear all of your thoughts and opinions as to what you think will...
If you look at the chart, this level hasn't been tested since Feb. of 2020. Then if you go further back, you'll see that JPM has never really come up to this level before. I see this area, (around the 150ish level) becoming the new support. Good for a long position or perhaps an Option play if you like to trade futures, and know what you're doing. A safe bet is to...
Ampleforth governance token (FORTH) looks to be nearing the end of an Ascending Triangle formation, and entering the territory where the price of an asset/Crypto breaks out. This is typically a bullish sign, coupled with the up-trend line moving in tandem with the 50 MA. FORTH’s price has not fallen below the trend line or 50 MA since entering this formation....
AAPL found support at the VWAP even when the selling pressure stepped in during the late pre market session today. Everyone knew it would be a strong day for AAPL because of the 5g IPhone, but I think it’s grossly underestimated. AAPL will hit $135-$140 and end session around low $130s and find a strong support there. Go long on AAPL today and expect to to be back...
I noticed that the pattern SPY has been forming, and it has been following the MAs, (the 200MA, and 50MA), very similarly to back in late FEB. before the crash. The Stoch. RSI action look to be adding up as well. This time just looks bigger in scope because when I measured the time and price range, then doubled it, the fit was pretty much perfect when I put the...
So, let me be 100% clear so I don't give off the wrong impression to anyone who is new to the stock market. I am still newish to this, and am just starting to finally learn to spot trends and reversals, patterns, etc, etc. So if someone sees this and knows, or even suspects my analysis is wrong, please let me know so I can change what's wrong and learn from it....