Martechnic

Martechnic

SoFi is great stock. And it had a great run recently. Now it seems like the run has hit a HTF wall, and thus I expect either a horizontal distribution or immediate throwback before any continuation can occur. I will refrain from any predictions otherwise, I'd rather wait for more PA to unfold. Anyway, if you are still in I would trim a lot here.

Martechnic

As the title says, been eying this one for quite some time. Looks like a steeper drop is coming into play here. Aligns with NASDAQ:TLT finishing an accumulation pattern.

Martechnic Updated 

As shown in the chart, this would be a typical move for BTC to make.

Martechnic

As said in the title, looking for a distribution pattern to play out in Bitcoin. Please keep in mind that this is playing out on a relative lower timeframe. So one might see this as in-between sorcery while HTF trend continues to be up. If it plays out like this, it means BTC will remain in a horizontal consolidation area allowing MARKETSCOM:ETHEREUM and ...

Martechnic

As said in the title, current PA looks like we are now finishing the Spring & Spring-test phase of a wyckoff accumulation cycle. Blue squiggly line is type of PA I expect, not an exact representation. DYOR.

Martechnic Updated 

Could be printing a distribution here. Early signs, so very early on this idea. Would need to see PA evolve like showed in the graph. Alternatively if it makes a HH, it could be printing a UTAD. Either way, I'll be looking for signs whether Wyckoff Distribution does indeed play out.

Martechnic

As you can tell by looking at the chart, there seems to be a distribution at play here. After hitting a HTF 2.618 extension, there was quite a steep retracement that resulted in what looked like a bull flag. With recent sweep of that same high at the 2.618 extension, it now looks like Xiaomi will break down sooner or later. This distribution started months ago, so...

Martechnic Updated 

Are we seeing distribution patterns here? Correlated, NASDAQ:TLT looks to be in an accumulative pattern.

Martechnic Updated 

As displayed on the graph. Deere seems to move away from an accumulation area. Next HTF area of interest seems to be around the $600 mark.

Martechnic Updated 

As the title says. Appears to be a very clean accumulation schematic. Currently in the SOS area. Consolidation could continue for months here. Timing is hard, let's see what happens over the next weeks and months.

Martechnic Updated 

As chart says, I'm looking at a possible re-accumulation. Trigger would be if PA resembles the green squiggly line.

Martechnic Updated 

As said in the title and shown in the chart, breaking down out of a rising wedge usually ends in a correction. So to keep things easy, for now I'm looking at a correction based on a simple Fib level.

Martechnic Updated 

I was not interested when it dropped below the summer 2024 high. I'm also not interested now. I'd rather see a clear reclaim of that summer 2024 level. For now, European and Chinese stocks bring much needed gains where American stocks struggle. So I'd rather not put my money on the line here.

Martechnic Updated 

TLT appears to be in an accumulation pattern. Bond Yields look distributive, so that correlates.

Martechnic Updated 

So, I've been bearish on TSLA around that $400 mark and was waiting for more PA to evolve before calling the shots. It broke down. Quite rapidly actually. Currently looking to see what happens when price floats around that 200HMA in red. Also looking at weekly RSI that broke down the centre of the channel. If RSI on weekly cannot reclaim above centra at 50 and...

Martechnic Updated 

Nio USD looks to be in an accumulation pattern. Jump over creek in play right now. Next HTF expectation mapped on chart.

Martechnic Updated 

As provided in the Title. We are currently breaking out of a wedge on LTF. But on HTF NYSE:HIMS is also forming a wedge. So I'm looking at an ABC scenario down to the marked area.

Martechnic

Want to put REAX out here. I don't necessarily know what to expect here TA wise. But the company and financials are very interesting and good. So I think it's worth to keep an eye on this one. I don't own the stock yet because I don't know what to think of the chart currently. But I do want to own the stock if I start to like the setup/PA. Q3 2024 - **Revenue...