willn12415

willn12415

Whats up Traders - Feeling a retrace today. Fireworks again at the end of the day?/ Who knows! Blue Line (Long Running Support Line on from a weekly chart) Purple Line (Attempt at a current trading channel It is a well known fact that any move on low volume cannot be trusted. We have had two days of bull action on extremely low volume. We cannot even begin to...

willn12415

Whats up Traders - Most of the xplanation is on the chart. I broke it out into a technical analysis (Not Good) and a fundamental analysis (Worse). Let me know your thoughts. Give me a like if you like my work. Thanks and good luck traders.

willn12415 Updated 

Whats up Traders - Looking for a scalp opportunity here with the appropriate conditions. I need a break above the EM9 for this to be valid, on at least the 15 min chart. 1 hour chart better yet. But the move may happen too quickly to wait for a one hour close. Keep your powder dry and your mind clear. Best of luck traders

willn12415

Another update to a post from earlier - Another way of looking at the same thing. A Bull Flag is painting on the 15-30 Min Charts We will see how this plays out, however, we are long at this time.

willn12415 Updated 

Self Explanatory - Descending Triangle . If we have a mini recovery over the next week or two, i expect NFLX will do VERY VERY well. We painted some target lines in black. Best of luck traders.

willn12415 Updated 

Whats up Traders - When is the last time that we broke the 50W MA and did not touch the 200W MA? DYOR and find me an answer to that question.

willn12415 Updated 

Whats up traders - Everyone is positing this same chart, with the same nonsensical rational as to a bull case for crypto. 1.) the stock market is crashing 2.) Money flowing back into crypto 3.) institutional money coming into crypto 4.) H&S, Bull Flag, RSI low, yada yada yada This is is NOT magic. Price Action is NOT purely technical. It is also fundamental....

willn12415

This bounce could not have been more perfect. Not much else to say about this. . We are looking for a retrace back up to the long running bull channel that we broke through last week.

willn12415

We broke a long running trend line - its not good. Get out when and while the gettin is good. we set our short targets in black lines on the graph. best of luck traders.

willn12415

I expect we will retrace back up, towards the long running 200W support line (previous Trend Channel) Once we hit this line we will retrace back down to the 200W MA line.