zytenthecruel

zytenthecruel

We broke through a strong multi point bearish divergence in RSI (shown by arrow). Also, the MACD is going green and the blue started crossing through and back up(shown by other arrow). Arguably we are still overextended but now it looks like we are set for more upward movement. If this is the formation, or expanding of a bubble then how much longer are you going...

zytenthecruel

There is bullish divergence in the one year RSI. MACD indicates that there is going to be continual upward movement and it will likely turn green soon. 200 day moving average is near the price and can serve as a potential support and stop loss. I have seen some convincing long term analysis that argues apple will go up for a bit and then consolidate back down,...

zytenthecruel

AMZN is looking like a solid buy right now for multiple reasons, so I thought I would list a few: 1) MACD is getting less red with upward trend and it looks like blue is about to cross orange. 2) Bullish divergence in the RSI. 3) We are just about the 200 day moving average, which serves as a support level and a potential stop loss. 4) If the market totally ****s...

zytenthecruel

A friend recently joked with me, that looking at technical will always make you bearish on the market. There is definitely some validity to that point. However, I believe sometime in the next year or so we are in for one major ****storm. Looking at the MACD, it really does feel like we are treading water. On OCT26 2020 and JAN 25 2021 it looked like we were about...

zytenthecruel

The market dipped today and I regret not buying RIOT earlier, though I am already up 10%. However, I believe RIOT will likely continue going back up to its previous value of around $65. First, there is bullish deviation in the one month RSI (As shown). Second, the stochastic is indicating we are oversold and are about to trend up. Third, the MACD looks like it is...

zytenthecruel

Not ready yet, but assuming the market doesn't plummet this week I believe a good buy point for apple is incoming. Stoch is indicating that it is about to head into oversold territory. Additionally there is positive divergence in the 6month RSI, and the MACD suggests that we are about to start heading upward sometime this week, as we may be moving over the red...

zytenthecruel

I have been watching BMY for a while waiting for a good entry point, I believe that is here. Granted, this is assuming overall downward market pressure does not result in BMY also going down. First, the MACD indicates positive movement. Second, there is bullish divergence in one month RSI. Third, BMY has been in an upward channel since the beer-virus crash and it...

zytenthecruel

FB approached the 200 day moving average and is, in my opinion, set to bounce. RSI has strong bullish divergence in 1 month and 3 month timeframe, also in the 6month timeframe (as shown). Additionally MACD is indicating upward movement. I would be surprised if this does not pull back to at least 270, likely higher. Disclaimer: Not Financial Advice I'm just a...

zytenthecruel

I am fairly new to analysis so take this with a grain of salt. But I believe REGN is in a downward channel and for the past two weeks or so has been hovering around two support levels. Due to the strong fundamentals of the company, and the fact that they beat earnings and have had only positive recent news. I believe that REGN is currently at a good buy point and...