BorrowedClothes

BorrowedClothes

Honestly i hate trading this pair. So many ridiculous highs and lows. But right now the PA is bouncing off the daily 50ema. That's it.

BorrowedClothes Updated 

USDNOK recently broke down below the monthly 50ema (overlayed on this 4h chart) and has rejected off the daily 20ema (overlayed) twice this week. RSI is showing bearish momentum after a brief overbought period while the PA has remained in a strong downtrend. Short setup potential is evident but not certain. I'm a cat not a financial advisor.

BorrowedClothes Updated 

Never doubt the power of TSLA. Recently broke out of a huge pennant, and now nearing the end of another pennant while simultaneously holding support above the daily 20EMA(overlayed on this weekly chart). Also recently found support off of the monthly 20EMA (overlayed on this weekly chart) and took 2 direct hits on the monthly 50EMA (overlayed on this weekly...

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AUDNZD is finding support at the daily 200EMA (overlayed on 4H chart) and, more significantly, above the monthly 20EMA (overlayed). Break and hold the daily 10EMA (overlayed) will be key. If the momentum continues we could see a continuation of the ongoing rally however recent AUD monetary policy meeting minutes seemed to lean dovish. I'm a cat not a financial advisor.

BorrowedClothes Updated 

Simple idea here, CADJPY is testing the daily 20EMA (overlayed on this 4H chart) and recently broke above the monthly 20EMA (overlayed)... if price reclaims the daily 10EMA (overlayer) could be a nice move up. Very simple trade, tight SL if entering.

BorrowedClothes Updated 

Beautiful weekly pennant on ARQQ weekly timeframe. This chart is coiling nicely for a continuation. Still early in the process of reaching breakout but given the recent momentum in this sector a premature break to the upside can happen at any moment. The ticker is currently sitting above the monthly 20ema (overlayed on this weekly chart), and just had a strong...

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EURAUD 4H cup and handle formed and possibly breaking out to the upside. Price recently found support off the daily 50ema (overlayed on this 4h chart) and is holding above the daily 10 & 20EMAs (overlayed). I'm a cat not a financial advisor.

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Neutral on OMSE, another relatively new ticker. Similar to my previous post on DVLT, this ticker is fundamentally strong but stuck in a falling wedge after IPO. Price is struggling to break the daily 20EMA (overlayed on this 4H chart) and has rejected multiple times. The company has strong financials, take the time to do some DD, however this pattern could break...

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DVLT a relatively new ticker is already drawing a lot of attention. Up 13% today after hitting new all time low yesterday, sure to catch a lot of eyes from retail investors. With recent news releases such as a licensing agreement with IBM, a lawsuit against naked short selling, and US patent allowances, target prices have been announced ranging from $3 to...

BorrowedClothes Updated 

Better look at quantum computing ticker QBTS bull flag on the daily timeframe. Previous post looked at the weekly timeframe to highlight the bullish momentum. Lots of retail money piled into this one in the last few months, a breakout of this bull flag will likely be followed by a parabolic move.

BorrowedClothes Updated 

DPRO has broken out of a falling wedge on the weekly. Ticker will respond well to Trump's "Big Beautiful Bill" which includes over $30 billion for defense/military spending. The drone company is already making progress with US military projects and is setting up for a strong rally.

BorrowedClothes Updated 

With the cult like following on this ticker, a 4H break out and hold of this bull flag to the upside could see massive retail money piling in to send the price back to $54 ATH. RSI is also showing potential bullish confluence. The 4H chart has daily EMAs overlayed. The price is currently sitting above the daily 7EMA. Breakout above ATH and it's clear blue skies...

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KALV received FDA approval this week for a new drug, has $220mln in cash, and just bounced off the daily 21EMA (overlayed on this 4H chart). Recently rejected off the monthly 100ema two times (overlayed on this 4H chart). Breakout beyond the monthly 100ema and first target is $20. Numerous price target increases, most notably, one at $27 and another increased...

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UNH has been top of my radar for a bullish reversal. With 2 major gaps to fill after the epic collapse in share price this ticker has a lot of potential. Currently sitting in what appears to be a bear flag, it is holding above the monthly 200EMA (overlayed on this 4H chart). However price recently rejected off the daily 21ema (overlayed on this 4H chart) and if...

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Lots of eyes on quantum computing these days. Massive bull flag forming on the daily and weekly on QBTS which has already had a great run. Another ticker with no resistance if/when the breakout occurs.