AMC is in a very large symmetric triangle right now. Saw it hit the bottom trendline this morning and I expect it to climb back to the top trend line which should be around the 40 mark.
SHIB back on the prowl! After a long consolidation, we may have a breakout of this Bullish pennant or you could also see it as a symmetrical triangle.
Key Resistance at 7500
Key Support at 6900
Let's see where this baby goes
Well ladies and gentlemen, that was a crazy run up on SHIB. Yesterday we saw major exchanges get rocked by the amount of trading volume and today we are seeing some much needed consolidation for SHIB.
This chart shows a potential bull flag forming.
A break to the upside could lead to new all time highs, whereas a break to the downside could lead to the 4000 -...
Well ladies and gentlemen, that was a crazy run up on SHIB. Yesterday we saw major exchanges get rocked by the amount of trading volume and today we are seeing some much needed consolidation for SHIB.
A break to the upside could lead to new all time highs, whereas a break to the downside could lead to the 4000 - 3500 level.
Looks like a nice bullish order block...
In My Opinion, Not Financial Advice
Based on the Fib extensions and what I've determined order blocks are. I can see SHIB bouncing around in supply and breaking towards the upside to the .382 extension. Looking at the TTM Squeeze indicator, we are squeezing on the 2hour mark as well. If bullish momentum continues the .5 extension is possible before some consolidation.
Was a long day of chop today. Friday was the ex-dividend for AAPL so lots of people probably selling today since they locked in their dividend. Held 146 pretty well. BIG move happening in either direction. 110k call options for it to hit 150 by end of week. Let's see how we do!
BEP is forming a Pennant pattern into earnings
They were hyped on President Biden's initiative for green energy, but has fallen due to lack of follow through yet. Might not break pattern until after earnings
BLNK has had a lot of news of partnerships. Typically we see every 7 - 10 days a trend change. Looks like it hit bottom support, this is an OPEX week so it might retest it, but looks like a journey up from here. My PT is 50 - 54 in the next week or 2
