We are reaching peak fear. I am expecting a quick flush then a bounce to the upside.
Break of a tightening range. The stock is heading to 40.
Baba reaches major support and is ready to bounce. Major zone of support + historical turning point in RSI Time to load up on BABA.
A straight line to the right. Just like Bernie Madoff's return. Starting to smell like a Ponzi now.
AMC just went parabolic. BB is next in line.
Double bottom + breaking the downward trend line, both are strong signals for the next leg up.
Don't be a paper hand. If you want to see real growth in your portfolio hold this one for the long run.
The bottom is in. Looking to form a bullish ascending wedge.
Anyone who works in the AI / ML space will tell you that PLTR is basically a glorified tech consulting firm. It may go up higher in the short term on just hype alone, but long term this company is not going anywhere.
We are heading to 200k (minimum). (Note: price is on log scale)
BA has been following "staircase" patterns for months. We are now seeing the beginning of another potential leg up.
First, break resistance around $55- 60. Then to the moon. See my previous CGC idea, if you have any doubt.
Flush then bounce - One possible scenario for Bitcoin
Potential buy range 29k - 30k
Getting close to a long term trend line, expecting a bounce around 190 - 210. (Note: Trend lines are meaningless if they are not obvious to other participants in the market, but this one is very easy to spot.)
NIO will be trading in this range for a while. Have cash ready, it is time to accumulate.