without_worries

without_worries Updated 

** short term study ** ** This is not an investment opportunity, a trade only ** Since the 60% correction call (below) the market has oversold extensively leaving gaps behind. Gaps get filled. On the above daily chart price action has printed strong positive divergence together with a price action resistance breakout. The Gap is actually the break of market...

without_worries Updated 

On the above weekly chart price action has corrected 50%. A number of reasons now exist to be long, including: 1) RSI resistance breakout. 2) Regular bullish divergence. Measured over 2-months. 3) A Double bottom prints. 3) Price action prints on the 100-week RMA with the divergence. Look left. Is it possible price action corrects further? Sure. Is it...

without_worries Updated 

In seven days from now Palantir will publish their not so hot earnings report. How can I know this? The chart. On the above 6 day chart price action has rallied a massive 600% in 24 months. A number of reasons now exist to be short. They include: 1) Support and resistance. Both price action and RSI are at resistance. 2) Price action support has failed. See...

without_worries Updated 

On the above 4 day chart price action has rallied 270% since January. And 3000% !!! since June 2022. It is somewhat unfortunate to see so many long ideas at the moment. Motley Fool June 30th: “1 Top Artificial Intelligence (AI) Stock to Buy Before It Soars 70%, According to Loop Capital” “Loop Capital thinks Supermicro is going to $1,500” Madness. Why...

without_worries Updated 

On the above 7 week chart price action has rallied 10,000% since 2016. Cathie Wood is now a buyer. Should we be concerned? Yahoo finance - August “Cathie Wood-Led Ark Invest Buys $47.5M Of AMD Shares” source:https://tinyurl.com/zc3cah5p Motley Fool - September “AMD is more stable financially and boasts a more established role in artificial intelligence than...

without_worries Updated 

On the above 5 day chart price action has corrected 75% since March. A number of reasons now exist to be long, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal, a higher higher prints with the flag breakout. 3) The Bull flag confirmation. A 2nd impulsive move print takes price action to 0.000074 area or 400% Is it possible price...

without_worries Updated 

On the above weekly chart price action has corrected 80% since late 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance. 3) Trend reversal. The first higher high / higher low has printed since 2021. 4) A pennant formation with confirmed breakout. A reliable...

without_worries Updated 

** short term analysis - daily chart ** 24 days have passed since RSI entered a downtrend channel. The channel resistance has now printed a breakout at the same time as price action from its resistance. A bull flag print has now confirmed with the downtrend in price action. A measured move takes price action to the 68k area by the end of the month. Is it...

without_worries Updated 

*investment opportunity* A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why? 1) Price action and RSI resistance breakouts. 2) Support and resistance, look left. Price action is on past support. Terrific. 3) Bullish divergence. Lots of it, as measured over a 100 day period. Is it possible...

without_worries Updated 

Surely you can’t be serious WW? We’re about to enter a recession! Everyone is struggling for cash, the economy is faltering. Commercial real estate prices have corrected over 25% since the start of 2022. The source: fred.stlouisfed.org In some instances in the US, corrections of up to 40% have been recorded. Now I’m not saying the correction is over, but I am...

without_worries Updated 

On the above 12 day chart price action has corrected over 90% (when accounting for the share split in July 2022). A number of reasons now exist to be bullish, however sellers are not interested in such things. Buy high sell low, that’s how they like to roll. Why bullish? 1) Price action and RSI resistance breakouts. 2) Trend reversal, the first higher high in...

without_worries Updated 

On the “Alt-coin market preparing for a 10x move” idea from July 2023 (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective.” Legacy token holders are slowly coming to the realisation this was not...

without_worries Updated 

Despite the chaos with Credit Suisse European banks in General are printing some excellent setups. What is the reason for this? No idea. On the above 2-month chart: 1) A strong buy signal (not shown) prints with price action breakout from resistance that has been active since 2007. 2) Regular bullish divergence. No less than eight oscillators this time. Four to...

without_worries

Following the successful “short” of eVTOL manufacturer Lilium (idea below - read for deep dive), we’re now going to target another. This time, Joby Aviation. The principles behind this idea are the same as was with Lilium, mixture of fundamentals and technical analysis. A lot of the criticism from my own quarter comes from the promises that certification is just...

without_worries

Following the successful “short” of eVTOL manufacturer Lilium (idea below), we’re going to target another. This time, Archer Aviation. The principles behind this idea are the same as was with Lilium, mixture of fundamentals and technical analysis. For some years I’ve been watching with interest the electrification attempts of the helicopter. Referred to as eVTOL...

without_worries Updated 

This is a 3 week chart. Each candle print takes 3 weeks. This is not a forecast for tomorrow or the day after. This is months in the making. On this timeframe months pass until targets are realised. Regardless, there are some important signals now printing that require attention. When: 1) Stochastic RSI was above 80 AND then crosses down 50 (red...

without_worries Updated 

For some years I’ve been watching with interest the electrification attempts of the helicopter. Referred to as eVTOL (electric vertical takeoff and landing), various companies around the world are competing for market dominance with their winning design. I’m reminded of “Those Magnificent Men in their Flying Machines”. There’s a realisation coming to many...

without_worries Updated 

On the above 2 -day chart price action has corrected 75% since the month of March. A number of reasons now favour a long position, including: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows. 3) Support on past resistance. 4) The falling wedge confirmation forecasts an 150% extension. Is it possible price action...