4hr indicators heading down, macd cross and SMA/EMA rejections
if this ends under 484.50 today at least on my indications it looks like another leg down short term, good luck trading everyone
SPY has been moving fast on low volume, but its hitting barriers after a massive bull run, should drop to the 410 range or even 400 before another bull market appears... i am not a financial adviser, dont take anything i say into consideration there could be world altering events tomorrow who knows
watching netflix over the last few weeks/months, seems to be making a clear head and shoulders move downward, and it would be enhanced by disney/hulu initiating the password sharing and limiting customers that were only paying for one or the other, the user pool was probably diluted from the password sharing as a majority of people dont want ads or pay extra...
AAPL seeming to be hitting a good spot for a short selloff to the support levels, and most of the community seems to be pointing that way too, over the last couple weeks, will this be the turning point? My trends seem to be pointing to a short sell off as well... macd, rsi, MA/EMA good luck everyone, Im not an adviser
the last time i posted was about when it hit the last low of around 152/151.5 just posting an update, seems to be coming back into the buy area, and the next price target would be around 162 if a full run were to happen $spy on the other hand... still remaining under 400 is scary and fed announcements coming next week, this will determine how the next quarter...
The Algo's have spoken! RSI, MACD, OBV, all indicate a bottom in JNJ in almost every time frame... could this be a new bottom?
Super low volume over the last few months imply huge moves with low trading... Possible 4x scenerio like the last time RSI and volumes were in this condition
we are still not out of inflation, feds have predicted that this year will turn and we will be at a reasonable point, but we aren't there yet. that causes consumers to be on the savings side rather than buying for now. apple has a huge following, understood, but coming out with higher end phones at higher prices doesn't seem to make the most sense in the...
a little change from my last post... very bullish given the price point, and earnings have indicated they've beat almost every one so far with a huge jump... hopefully a little clearer of time frame and given that CVS is trading at 84 after hours, looking pretty wound up
CVS with an earnings call on wednesday, possible slight underwhelming surprise but with a growth analytic in the works could cause the stock to jump 10-12% and land around other investment firms beliefs of 92 as a minimum, and 115 as target. 130 was a theoretical max but hey, who's counting
Bitcoin is going to be consolidating possibly soon. 50 to 75k incoming first! possibly 250k this year. The only reason this would not consolidate is if it hugs the inner circle as more institutions are converting balances into bitcoin thanks to mike saylor in which, we will see higher numbers even sooner. At the intersection at the right side of outer circle...