benjihyam

benjihyam Updated 

TLT looks to be breaking down out of a bear flag. We've already had multiple touches of the lower trend line and now it looks like price has broken through. I think the most likely target is $79-80, but I've included multiple supports just incase we see a larger move than I'm expecting. I'm looking to buy those levels should they hit as I think we'll see a...

benjihyam Updated 

All of the tech stocks recently have had a large moves to the upside, yet Apple has yet to have one. I think Apple is lagging the other names and is likely to have the same kind of move to the upside. I rarely trade short term, but this one seems like a good setup. I took a trade for 6/6 $235C to express this view. Let's see if it plays out.

benjihyam Updated 

Similar to my analysis on AAPL, I also think Google looks good for a long. I could see the possibility of a pullback down to support(s), but then that would setup a decent long up to $190+. The structure looks like a bottom and many of the other Mag7 stocks have seen big runs, I think Google is likely a laggard and should move up to the resistances in the coming...

benjihyam Updated 

NYSE:BBAI looks set to run higher here. As you can see, we've broken out of the bottoming formation and have now retested support. As long as we're able to stay above support, we should see a large move higher up to the two resistance levels. Let's see how high we end up going. Think it's very likely that we end up going to the top of the range.

benjihyam Updated 

Despite the bearish move in QQQ today, I still think there's another move higher. I think it's likely that we go and retest the ATHs at $538 (so another 5% or so up) and then we find resistance there and start one last move down to $318-$383. Only after we see another leg down, do we see new highs. Marked off support levels to the downside. Invalidation of the...

benjihyam

I think it's likely that we continue higher from here. I could see us finding a short term top somewhere between the 3 resistances above. Let's see how high we go. $396 is the target I will likely taking profits.

benjihyam Updated 

While I do think CRYPTOCAP:BTC will ultimately still see a larger correction, I can't deny that the chart looks bullish here. I think we're likely to see a final move over the next week or two up to $107k-108k to retest the prior highs. I think the middle resistance at $108,183 is the most likely target for the move. After we hit that, that's where I'll start...

benjihyam

CRYPTOCAP:ETH is rejecting resistance here. Unless we can flip it as support, then it looks like new lows are coming. I think the most likely level to find support is at $753, however I marked off other levels that are important incase we find support there. You'll want to bid these levels because they'll be the buy of the decade, should we get down there.

benjihyam

Sol looks to be rejecting resistance here, which sets it up for a large move lower. I think it's likely that unless price can flip the resistance above as support, that we revisit the support levels. Pretty simple chart. All of crypto looks the same, look out below.

benjihyam

BTC has had a strong rally back into the prior resistance and unless we can break above the prior highs, I still think probability still favors more downside (and I think we see a new low). I've marked off support levels and resistance levels as I think this will largely be the range over the next year. My base case as of now, is that we see one more low down in...

benjihyam

I'll be the first to admit that the rally has gone further than I expected. That said, everything on the chart still looks like this is a bearish rally and not a new bull trend. Unless we can break the blue trend line and the strong overhead resistance between $581.63 and $583.57, I think the most likely scenario is we fall further and see one last leg down...

benjihyam Updated 

NASDAQ:IBIT looks like it's topping up here. If we turn down here, it's likely that we sweep the April lows and fall further down to the lower support levels. After we hit the bottom, lows should be in for a couple of years and we should see a nice bull run higher.

benjihyam

NASDAQ:SOFI had a positive reaction to earnings, but has since sold off. It looks to me like earnings marked a high and that we're going to see price fall down to the support levels below. We've now retested the area we broke down from, we've only had 4/5 waves to the downside, so to me, it looks like a last fall is likely before we see a longer term...

benjihyam

If you look at the chart, you can see that ever since April 7th, we've been consolidating in a bear flag. I think what's most likely here is that we break down and hit one of the targets below. The reason being, if we look at the chart since the start of the correction, we've seen 4/5 waves so far, so it would make sense that there'd be a final leg down. Let's...

benjihyam Updated 

As you can see from the chart, BTC is rejecting from the range highs which sets up the next (and final) leg lower before we continue the bull run. Despite the bounce over the last few weeks, all we've done is retested the area which we broke down from back in February. Now this sets up a large move lower down to the lower support levels at GETTEX:59K...

benjihyam Updated 

Despite the bounce over the last few days, TSLA's price action is still bearish overall. I think it's likely that we find resistance here or at $290, and then work our way back down to the lower support levels at $148-155. I think once we get down to those levels, it'll be a good long term buy and we can see price go back to $700+.

benjihyam Updated 

AMEX:SPY has been consolidating in a bear flag since April 7th. Should we break down from the flag, I can see a sharp move down to the lower support levels. I think the most likely targets are at $443 and $409. However, it's possible we can find support at the other targets as well. I think the move likely plays out before June. Let's see where we end up...

benjihyam Updated 

If we look at the chart, the current structure looks very similar to what happened right before the market decline in August. We've formed a head and shoulders (albeit not perfect as it's slanted), and price seems to be breaking down. If price action accelerates to do downside, it's likely to take the market with it just like it did the last time. Paying...