NYSE:HIMS formed a shooting star candle! If the price closes below $41 in the next trading session, there's potential for a reversal. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
(Disclaimer: This is just a personal opinion, not investment advice. Please make your own judgment before making any decisions.) Last week, the market was highly volatile. Monday opened with a significant gap down due to weekend tariff news, but prices quickly rebounded with news support, recovering until Friday morning. However, after the NFP data release on Friday, the price plunged during the New York session, failing to hold its earlier gains. Key observations: -The 4-hour chart shows an equal high around 21,970. -On the daily chart, there’s still an unfilled VI gap between 21,770 and 21,910. -Friday’s failed breakout raises the possibility of a retest of the lower level at 20,941 before another breakout attempt. Market Outlook for Feb 10–14: For the upcoming week, focus on Monday and Tuesday’s price action. Two potential scenarios may unfold: Bullish Scenario: If the price finds support around 21,432, there is a high probability of another breakout attempt. If the market remains bullish, the price should hold above 21,432 and avoid breaking below 21,314. Look for buying opportunities on dips, with a target at 21,971. Bearish Scenario: If the price breaks below 21,432, it is likely to retest the 20,941 level. Watch for potential rebound opportunities to short the market, aiming for 20,941. Be cautious of a possible bounce between 21,156 and 20,941, as the price may attempt another upward breakout from this range. Your Thoughts? Which scenario do you think is more likely to happen? Feel free to comment and share your view! ?
*Delhivery Ltd.* *W* in the making on Monthly Basis. Retracement starting from Bottoming out. Volume traction building up. Respective targets mentioned. Logistics business turning around. *Trail SL with Upside* *Book Profit as per Risk Appetite* This is an Opinion. Do your own research. *_Happy Investing_*?
Bitcoin has double top pattern yet And you must know in 08/02/2025 successfully create candle outside trendline after create 2 doji's and failed closed above trendline I think in few days/ weeks we can see price around 90k if bitcoin still breakdown trendline And if 88k break best opportunity is around 75-76k to full refill CME gap also match with 0.38 fibonacci fan
SOL Solana bouncing off very strong support cofluence. POC, Daily, Weekly and an Adam & Eve double bottom pattern. All great signs for a bounce here.
If ETH can't go back above 2.9k, i think sentiment will drive to fill in gap or maybe more lower price around 1.5k or 1.2k and no alt season in this cycle
Following earnings on 2.3, PLTR broke out to all time highs. Assuming continuation, we caught a stellar trade from $103 to $113 for nearly $1000 profit! NASDAQ:PLTR
Cotton, a seemingly unassuming commodity, is quietly aligning for a significant bullish move. But remember—this is not a prompt for reckless action. The entry is reserved for those who wait for the Daily timeframe to confirm the trend change. The Codes of the Cotton Conspiracy Code #1: The Commercial COT Index Commercials are not merely dabbling—they are at an extreme in positioning, maxed out over a 26-week lookback. Their hands are heavy with longs, signaling a brewing storm that only the wise will prepare for. Code #2: All-Time Extreme Positioning For the first time since 2019, commercials hold their maximum long positions. Unlike 2019, these positions are at higher prices, implying deeper convictions. Meanwhile, Large Speculators are excessively short—a telltale sign that the tide may soon turn. Both are at an all-time extreme in positioning. Code #3: Valuation Metrics Cotton stands undervalued against the pillars of Gold, DXY, and Treasuries. The market’s mispricing is your opportunity, should you dare to seize it. Code #4: Open Interest Analysis Open Interest (OI) has been climbing steadily, a silent crescendo. Who is fueling this growth? The commercials—those orchestrators of market moves—are discreetly accumulating, signaling an impending bullish wave. Code #5: ADX Over 60—The Endgame Approaches The ADX has breached the critical threshold of 60, a harbinger of trend exhaustion. Confirmation lies in the ADX’s roll-over or the Large Speculators’ retreat from their short positions. Code #6: Spread Divergence As prices sink to new lows, the spread between the front and next month contracts defiantly rises—commercials are eager for the front month, a potent sign when paired with extreme positioning. Bonus Codes: Hidden Layers of Accumulation Insider Acc Index and ProGo hint at quiet accumulation. Momentum shows bullish divergence, %R enters a buy zone, and the oversold stochastic adds another layer of intrigue. The Flaws in the System Yet, no system is without its anomalies. Small Speculators are excessively long—a peculiar deviation, given their knack for misjudging bottoms. This anomaly presents two scenarios: a merciless long squeeze forcing out the naive, or a rare stroke of luck for the masses. Moreover, while True Seasonal is misaligned, remember that seasonals reflect historical ghosts, while positioning unveils the machinations of today's masters. Always lean towards positioning as your guide, not seasonals. The Red Pill Awaits The stage is set. The players are in position. The market whispers secrets only a few are willing to hear. Cotton’s matrix is laid bare—whether you act or remain a spectator is the choice only you can make. But beware, the rabbit hole goes deeper than you think. Are you ready to follow? Choose wisely.
After successfully break wedge and failed to retest back above line this is indicator if trend reversal continuation will see 1.7 - 2% SOL Dominance
NASDAQ:PLTR Uh Oh! Shooting star. Validation point close below $110.? Here are the support levels: $100 (good) $93 (weak) $82 (strong)