Technical Analysis

[Fullmoonfever]

So it finished flat as yesterday candle, @Fullmoonfever, what is your interpretation? Cheer.

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Learning

Hi Learning.

In a word...indecision.

That's a doji today where neither bulls nor bears got the sway and ends up in equilibrium.

So, technically the 3 inside down pattern didn't confirm as textbook today which is good (they got close & it's not an exact science to the pip but intentions are clear) however we have seen the lows getting pressured each day so def bears working at it.

Was pushed back down today towards a prev supp zone (round 20 +/-) and held for the mo.

Not out of the woods yet imo.

 

[Fullmoonfever]

A site I've used in the past & had forgotten about but checked it this morn flagged the potential expansion move on its EOD alerts from Fri.

Now bookmarked haha.

Intraday flags so far

 

[Flenton]

My inexperienced TA is showing very positive signs with my key indicators heading in the right direction.
This increase feels different to the others. It seems more controlled and there seems to be more mentions of Akida by connected people eg Senior Software cloud engineer at Apple (thanks amazing forum members for sharing your finds) and it feels like the tide is turning. My bones tell me something has started brewing.
I've been fooled by emotions before with Brainchip so it won't surprise me if I'm fooled again.

 

[Ethinvestor]

My inexperienced TA is showing very positive signs with my key indicators heading in the right direction.
This increase feels different to the others. It seems more controlled and there seems to be more mentions of Akida by connected people eg Senior Software cloud engineer at Apple (thanks amazing forum members for sharing your finds) and it feels like the tide is turning. My bones tell me something has started brewing.
I've been fooled by emotions before with Brainchip so it won't surprise me if I'm fooled again.

whats the link for apple ? Thx

 

[Deadpool]

whats the link for apple ? Thx

Hi @Ethinvestor,
@IloveLamp posted this yesterday.

Neuromorphic Computing: The AI Revolution Investors Can’t Ignore by Trendvesting: Looking at Macro Ecnomic and Tech Shifts in the Market ​

Are you ready for the next big thing in tech investments? In this episode of Trend Vesting, host Tim Urista dives into the groundbreaking world of neuromorphic computing. Discover how brain-inspired chips could reshape AI, lower power consumption, and drive a new wave of innovation. Tim breaks...

podcasters.spotify.com

Attachments​

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The opinions and research I share are my own and I am not licensed. External links are not recommended. To be safe, conduct your own research or seek advice from a licensed financial advisor.

Stock Disclosure:
Held.

 

[Ethinvestor]

Hi @Ethinvestor,
@IloveLamp posted this yesterday.

Neuromorphic Computing: The AI Revolution Investors Can’t Ignore by Trendvesting: Looking at Macro Ecnomic and Tech Shifts in the Market ​

Are you ready for the next big thing in tech investments? In this episode of Trend Vesting, host Tim Urista dives into the groundbreaking world of neuromorphic computing. Discover how brain-inspired chips could reshape AI, lower power consumption, and drive a new wave of innovation. Tim breaks...

podcasters.spotify.com

Attachments​

• 
  
  1000018812.jpg
  398.9 KB · Views: 75
  
  
  

The opinions and research I share are my own and I am not licensed. External links are not recommended. To be safe, conduct your own research or seek advice from a licensed financial advisor.

Stock Disclosure:
Held.

@Deadpool thx

 

[Fullmoonfever]

Simple chart as on mobile.

While yesterday's candle was pretty much a white marubozu which is a potential continuation in an uptrend or reversal in a downtrend, I'm watching today's candle looking like a hanging man at the mo.

If this does end up as such at eod, it's merely a warning candle and to confirm a possible reversal / pullback, tomorrow's candle would need to close below today's.

Hanging Man Candlestick Definition and Tactics

A hanging man is a bearish candlestick pattern that forms at the end of an uptrend and warns of lower prices to come. The candle is formed by a long lower shadow coupled with a small real body.

www.investopedia.com

 

[Fullmoonfever]

Simple chart as on mobile.

While yesterday's candle was pretty much a white marubozu which is a potential continuation in an uptrend or reversal in a downtrend, I'm watching today's candle looking like a hanging man at the mo.

If this does end up as such at eod, it's merely a warning candle and to confirm a possible reversal / pullback, tomorrow's candle would need to close below today's.

Hanging Man Candlestick Definition and Tactics

A hanging man is a bearish candlestick pattern that forms at the end of an uptrend and warns of lower prices to come. The candle is formed by a long lower shadow coupled with a small real body.

www.investopedia.com

View attachment 70521

Thankfully we didn't get the hanging man close yesterday & we didn't close today below yesterday's candle however today they have got very close to a hanging man.

We can see an earlier one a few days ago as a warning but failed to confirm given the next candle was a nice green candle and didn't close below the prior candle.

Mkt did push it down a little over a couple of days till we got that indecision doji then the mkt pushed higher again where we're seeing it stalling a little in the high 20s.

Will need to see what tomorrow's candle brings now haha

 

[Terroni2105]

Whats your thoughts after today @Fullmoonfever ?

 

[Fullmoonfever]

Hi @Terroni2105

Gonna throw up some various charts with notations as I use various styles / indicators to corroborate & add some weight to what I'm interpreting as never a pure science obviously. Welcome to ask questions on the charts if need be but hopefully you'll see the same correlations in looking at them. Remember, charts do take time to evolve too.

Simple thinking though. We've moved into a tight upward channel & hitting top TL today so will be interesting to see if mkt respects that and pulls back tomorrow into the w/end. This current area also corresponds with previously indicated potential resist areas we're now into.

A lot of volume (supply) been coming in, no doubt from various sources like stale holders, traders flipping that bought over the past week, SM that have been previously accumulating etc etc. IMO it wouldn't have just been retail on the start of this run but I'm guessing SM that have been accumulating marking it up dragging in retail, some FOMO, coupled with some positive media releases but the background question still is....something tangible still has to support the move. Suspect some shorters also positioning for another push down too.

Will the Qtrly surprise & be very positive? Does the SM (or others) have an idea of this? As some have raised, is it a pump & dump into the Qtrly & a small bull trap?

Personally, I'm leaning into a bit of a buying climax at the mo (unless a leaky ship?) & happy to be wrong but just looking a little hot now. Dumps not so healthy but pullbacks, pauses, a little sideways consolidation is not a bad thing imo.

Anyway, some charts below & hope you get some value from them.

 

[Terroni2105]

Cheers @Fullmoonfever , i enjoy your charta and commentary

 

[Fullmoonfever]

Cheers @Fullmoonfever , i enjoy your charta and commentary

Thanks and welcome anytime.

 

[Fullmoonfever]

Cheers @Fullmoonfever , i enjoy your charta and commentary

@Terroni2105 and others interested.

Potential spinning top again after the possible buying climax yesterday. If Mon candle closes lower than today then would watch for further confirmation.

Spinning top type candles pretty common so really need watch for confirmations & changes in price eg reversing or weakening. What's happening in the wider background can help with clues and yesterday's candle is still a watch because of today's.

What Is a Spinning Top Candlestick?

A spinning top is a candlestick pattern with a short real body that's vertically centered between long upper and lower shadows. With neither buyers or sellers able to gain the upper hand, a spinning top shows indecision.

www.investopedia.com

 

[Fullmoonfever]

There is another potential structure building as well.

Stripped back chart to highlight it....parabolic pattern.

Rapid upmove with some pauses / pullbacks on the way up.

Watch for any weakness and break down to the right of the structure.

Parabolic Pattern: Easy Identification and Trading Strategy

Parabolic arc chart patterns named after the “parabola” geometric shape are classical formations that signal the possible reversal of a bullish trend.

howtotrade.com

Just the other charts from yesterday as at today fwiw.

 

[Fullmoonfever]

There is another potential structure building as well.

Stripped back chart to highlight it....parabolic pattern.

Rapid upmove with some pauses / pullbacks on the way up.

Watch for any weakness and break down to the right of the structure.

Parabolic Pattern: Easy Identification and Trading Strategy

Parabolic arc chart patterns named after the “parabola” geometric shape are classical formations that signal the possible reversal of a bullish trend.

howtotrade.com

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Just the other charts from yesterday as at today fwiw.


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Updated as at today to compare fwiw.

 

[Fullmoonfever]

Updated as at today to compare fwiw.

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Technical Analysis

So it finished flat as yesterday candle, @Fullmoonfever, what is your interpretation? Cheer. Learning 🪴 Hi Learning. In a word...indecision. That's a doji today where neither bulls nor bears got the sway and ends up in equilibrium. So, technically the 3 inside down pattern didn't...

thestockexchange.com.au

Same charts last couple of posts as at today.

Parabolic played out as per chart 1.
Weakness played out on the VPA bar alerts & SMIIO signal line & histogram now crossed as per chart 2.
Kijun & 200 EMA (purple line) showing some supp at the mo as per the Ichimoku chart 3.
Didn't respect channel pattern bottom TL & broke down.
RSI Bias started to roll off & head neutral (centre zone) which if holds can indicate some sideways coming.
I'm seeing mutiple support indications around 22/23 & will need hold here.

 

[TheDrooben]

@Fullmoonfever and other more experienced chartists..........I am noticing MACD heading north again and could cross over above 0 if recent accumulation continues. The last time it did this, if I am not mistaken, was in Jan 2022 just before the run up to $2.34. What are your thoughts???

 

[Fullmoonfever]

@Fullmoonfever and other more experienced chartists..........I am noticing MACD heading north again and could cross over above 0 if recent accumulation continues. The last time it did this, if I am not mistaken, was in Jan 2022 just before the run up to $2.34. What are your thoughts???

Hi @TheDrooben

Thanks for the tag.

Not looked at the charts since last posted as appears to have found a sideways track around that previously suggested support area needing to hold for the mo, like you say re accum.

Working today but will try have a look at charts this eve.

Not really a user of MACD myself but understand it's indications but will match off against my indicators to see what I can see.

 

[Fullmoonfever]

Technical Analysis

So it finished flat as yesterday candle, @Fullmoonfever, what is your interpretation? Cheer. Learning 🪴 Hi Learning. In a word...indecision. That's a doji today where neither bulls nor bears got the sway and ends up in equilibrium. So, technically the 3 inside down pattern didn't...

thestockexchange.com.au

Same charts last couple of posts as at today.

Parabolic played out as per chart 1.
Weakness played out on the VPA bar alerts & SMIIO signal line & histogram now crossed as per chart 2.
Kijun & 200 EMA (purple line) showing some supp at the mo as per the Ichimoku chart 3.
Didn't respect channel pattern bottom TL & broke down.
RSI Bias started to roll off & head neutral (centre zone) which if holds can indicate some sideways coming.
I'm seeing mutiple support indications around 22/23 & will need hold here.


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@TheDrooben

Quick copy / paste of same charts as above prev post (for comparison of changes) with a couple extra comments, highlighted areas of interest etc.

Unfortunately not have time to write a full analysis but if you compare the charts and the notes on patterns, indicators etc you should be able to follow the logic.

On MACD, one of my charts has a table of indicators (for ease of reading rather than have them all clutter up one chart) that shows MACD still in a sell or bearish result at the mo. Not to say it isn't tightening & signal lines looking to cross etc though as I've not looked at the indicator visually.

Something I did review that correlates with what you might be noticing with the MACD is the SMIIO indicator on chart 2. You'll notice (yellow ellipse) the signal lines have flattened & tightened above centre (blue needs cross up through red line) with the histogram also moving towards a centre cross. This can provide an upside bias as is essentially an enhanced TSI (true strength index).

Anyway hope these assist folowing the evolution visually. I'm still seeing a bit of a sideways roll at the mo with a slight bearish bias with the ranges shown on the charts.

 

[Falling Knife]

Two very nice large purchases of $428000 and $429000:
26.5 taken out and a large portion of 27 only twenty minutes later

Support being shown at this level.
Can it have another crack at the 30c mark next week coinciding with the resistance line?
Three times the charm???