NVDA
NVIDIA
-- 121.145 TSLA
Tesla
-- 282.450 PLTR
Palantir
-- 84.710 SMCI
Super Micro Computer
-- 42.585 MARA
MARA Holdings
-- 13.145 The lurking of the internet and social map, and the breakthrough signal for analysis
There is a great possibility for TWTR to break through its new high of $80-$120. Why do I say that? First, let's analyze it based on the following chart. Daily chart. Weekly chart.
First, let's look at the weekly chart from 2020-2021.
When the candle is on the line, there is always a strong force that pushes it up, and it will break through the previous high every time. Last week, it entered an "upward trend" in a falling trend, and the weekly chart closed with a positive candle!
I believe that as long as it breaks through 66.8, it can create a new high again! Just in September, it retraced back to the line, if we look at it in terms of breaking through every quarter, then it is a breakthrough every 4 months!
Looking back at the daily chart, it has been consolidating for several months to fill the gap, and now, the daily candlestick is at a turning point waiting to break out. The resistance levels are 64.8-66.21-66.8. Break above these levels for adjustment! From May to September, it has been consolidating for 9 months, with 4-5 months in a triangular trend, narrowing down and waiting for a breakthrough!
Let me check the record. It performed well on September 1st. Then it pulled back and started to rise again! The turnover rate is 0.66%. Breaking through 1-3% will accelerate the main upward speed!
Now is the early stage of lurking and starting. Let's take another look.
abcd candlestick! So it is very certain, the downtrend has ended, now in the main upward wave, as long as it breaks the key level of 66.8, it is possible to see 80-100-120 range!
Breaking the previous high of 80, then new highs could be at least 100-120 before the end of the year! Within one month it could return to 80, two months to 100, three months to 120, a conservative calculation for a normal stock growth stock!
There may be institutional investors entering to boost this pattern!
You can look at similar patterns, such as SNAP MTCH TWTR PINS.
Snap has broken through once, then pulled back, daily candlestick chart showing signs of reversal, probability of explosive growth next week is 90%, continue to look bullish at 80.
MTCH rose $15 after hours last Friday...
Looking at MTCH again, a few weeks ago I said it would rise, last week it rose $15 after hours...
This pattern is 'promising'! Wait for time to pass and then come back to review if it is in the initial stages of starting!
$Snap Inc (SNAP.US)$ $Match group (MTCH.US)$ $Twitter (Delisted) (TWTR.US)$ $Pinterest (PINS.US)$
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