Taking this into consideration, I am bullish mid-long term on the SPY until as seen otherwise by the technicals.
Gonna retest ATH's, having faith for a nice clean break past 63.2k at the 2.618 golden fib, I am still long until 250k+, sit tight...
Spotted some similar patterns with the first big run up of Bitcoin.
The only way is up, either up now or up later, up up up.
We went up, too fast this time around. Should have a turn in price around the .618 fib at $50157, from there I only see liftoff.
90k might be our next stop for its next cooldown, after that I see 169k-267k being the top before the halving happens.
Don't know it this is just a coincidence or not but I found this interesting.
Has to maintain price back above the volume POC. A close above $10.43 and $11.04 would be reassuring.
Has a really nice setup, and today made that even better in my opinion. Short term I want this at $5-$6
Discovering and trying new things with my technical analysis, doesn't matter if its right or wrong. Knowledge is knowledge. By the looks of it, FCEL should have any major breakdown in price for awhile, looks healthy. Could see a 5% additional drop however I see that as being rock bottom.
First has to maintain the .236 fib at $4.71 for me to consider an entry, getting to $7.5+ shouldn't be a problem after that.
Needs to be able to maintain price above the .382 fib level at $2.58, should be able to here in the coming weeks, longer term target of $6 for me.
Really like the chart on this one for the long haul. Can easily see this at $10 but i'll save that for another time. For now my target is only set a $6 which implies a possible 180% gain, not too bad.
Want to see this maintain price at the .618 fib at $5.80 for a potential entry as it looks for a possible long term reversal as this was a $16 stock in 2019.
The next time this visits the diagonal resistance is a good spot to take an entry. First target is at the .618 fib at $4.01, second target being $6