Draw the trendline from all lows/bottoms since 2022 and you'll notice Nasdaq is now sitting right at the support trendline with a daily hammer candle sitting right on it. XLF filled the gap so another hint that this may be the bottom. Hold long swings and re-evaluate at every weekly closed candle.
Oil broke an import support trendline yesterday at tariff confirmations. Weak energy demands typically means a recession is near.
Expecting next daily candle on Monday to be a green candle.
Daily hammer candle on Friday indicate potential temporary bottom. Typically, a position would be open on late Friday before close to capitalize on potential second green daily candle. Personally would only hold trade 1 day and close it on high of the day of next Monday since there's no sign of reversal on the weekly and monthly. Or hold it till it reaches a...
NOC weekly hammer candle Daily volume spikes at low red candles Daily oversold. Trade held over next week Feb 28. Expecting green weekly continuation or else trade is cancelled.
Daily RSI reached 30 Volume spike previous day Expecting weekly candle to touch 4 weekly MA Expecting daily gap fill Support at yesterday's low Counter-arguments No daily bullish divergence spotted
Clearly a bull flag Candle under the 20 day SMA might be the short squeeze
Canadian HEU is rejecting daily resistance trendline despite OIL rallying today and American energy companies performing green today May have to do with tariff threats. Ticker: HED for shorting HEU
Bottom fish AAPL daily hammer candle following last daily candle mini volume spike No bullish divergence spotted so might fakeout or playout, either way it's a well-timed bottom fish with minimal loss.
November monthly continuation to the upside failed following October's monthly inverted hammer candle signaling bearishness into December Last November daily candle signaled price in the process of going down so coming week should see further downside. Price target is last's year low.
Meta daily bull flag in progress Potential blue sky breakout so no TP as of now. Monitoring for TP.
Expecting end of year profit taking after solid 2024 performance November monthly hanging man. Daily bear flag
Today is BoC interest rate decision Volume spike Daily rejection of channel Daily RSI bearish divergence Entry with HXD TP: Want to see red weekly close if possible
Held volume spike level Weekly inverted hammer candle At weekly RSI support line Daily RSI super low Would open a long and take profit at monthly high as monthly is suggesting continuation down
Moderate confidence Weekly bearish engulfing. Thinking it will test and maybe crack 64.5 level soon TP: 64.5 TP: Weekly continuation until seeing otherwise Bullish case At the 200 week SMA so keep positions small Note: US strikes in the Middle East happened post market on Friday so be cautious on Monday open (maybe catch weekly high for a short entry)
Topped at daily resistance trendline Contact with weekly RSI resistance trendline Little volume spike on Jan 24th daily candle Entry today or yesterday TP: Till weak daily candle TP: At weekly RSI support trendline TP: At first gap fill Note: Move may not be directional as weekly candle not yet closed and monthly is still suggesting continuation Note: Monthly...
Weekly RSI support line held Daily Double bottom on 200 day SMA at the bottom of the Ichimoku cloud Daily RSI at 30 Jan 17th's daily candle was the bottom fish entry Bearish case Weekly bearish divergence Possible TP: at the weekly RSI resistance line Possible weekly bullish engulfing, awaiting weekly candle close
Potential daily inverse H&S for Paypal Strong weekly candle forming Strong bounce on right shoulder + bottom green Ichimoku cloud daily 2 green months, watching for a third one Bearish case: Highly speculative Not a magnificent 7 stocks Gaps below