Quick Tutorial: How you can watch for wedge breakouts (and draw the wedge yourself) 📈 Someone asked about $AES and I wanted to use this as a quick tutorial, as something you can use yourself. $AES is currently ranging and coiling inside a wedge, with the EMAs very tight. I

$BEAT on Wednesday it rejected a breakout of the multi-month high at $1.70, before closing above it on Thursday. On Friday, the stock pulled back, before making a perfect bounce off the Oct 6 pivot high, exactly what you want to see. With the EMAs quickly racing upwards and

$BITF TA for the week ahead

$NXDR broke the multi-year resistance (wedge top) during Wednesday's huge move. However, I said it wasn't a breakout until the $3 level was closed and confirmed above. On Thursday, $NXDR raced up but was empathically rejected from a close above $3. What is worse is that on

Is $ADBE making a comeback? On Thursday, $ADBE broke through multi-month resistance (grey diagonal line), after rejected off it the previous 4 days. It had also rejected off it 9 other times in the past 9 months. Then on Friday, on a very weak day for the markets, $ADBE

$GLXY reclaimed $26.50 and is doing a great job holding onto it, despite a horrible Friday. We can now see: - 3 rejections - open above but close on it - fake out above it - stronger breakout above it - pullback to close right on it. $GLXY is working hard reclaim the $26.50

$LUNR chart is strong, however, I cautioned about a pause and pullback on Thursday, and we saw this start to happen on Friday. $LUNR closed just below the top of the wedge (multi-month resistance) of $12.01, however, being on a few few cents off, we can count it as a close on.

$NUAI price action has been ugly, however, it bounced exactly where it needs to on Friday. As shown on the chart, $NUAI has now bounced off $3.25 on 6 occasions since 15 Oct. It is THE crucial support level for the stock. Hold this level, and $NUAI should start working its way

One other thing to mention. $ONDS move a couple of months ago was parabolic. This time it is a structured moved based on a lot more volume, setting itself up for stronger long-term move.

$ONDS looking hot 🔥 $ONDS has been a masterclass in respecting key levels and if you have followed my analysis, then you would have these exact levels and know what to watch out for now. The 3 most important levels on the $ONDS charts are $6.20, $8.10, and $11.70. In the past

$DGXX has held up pretty well recently, but was -12% on Friday. It looks almost certain now that $DGXX will retest the bottom (green line) of the multi-month channel at $2.96. We have seen 4 clean bounces off this in the past and the expectation is that price bounces here again

Rough close for $BITF, although it actually had a stronger (less weak?) week compared to other names in the sector. Lost the key level of $2.83 which had acted perfectly as support throughout the rest of the week. I did say the following a few days ago though about if $2.83 was

$SPY the previous 3 largest big red candles marked temporary bottoms, with price aggressively moving higher afterwards. Are we going to see the same thing this time?

What charts do people want to see over the weekend? $ONDS $RKLB $LUNR $IREN $CIFR $BITF $NUAI $SLNH $BTQ $NNE $EOSE $TE $PATH $SERV etc etc Whatever really. I probably can't do too many, but will try my best.

Ugly close for the market as Japanese rate hikes weigh heavily. $CAN lost key support today too and of course the trolls have been out. Did I lean bullish on $CAN over the past week or so? Yes I did. However, I also made it very clear on multiple occasions that if the bottom of

$CAN has a lot of work to do in the last 90 minutes to close above the support at $0.89.

A quite hilarious post on businesses integrating AI and what that actually currently looks like for a lot of them at this stage 🤣 🤣🤣 Sure to put a smile on your face 😛

TAM - M = TA For $ONDS, it is the TA (chart) that really excites me 😅. Down to $8.10 for a clean bounce yesterday, now back to retesting $9.50 and outperforming today, too easy! I will be even more excited if it closes the week above $9.50 👀 The TAM is nice too I guess 👊

$RKLB and $LUNR these are expected pullbacks after becoming overextended, I said these were coming yesterday. Healthy consolidation within uptrends.