Investing 101
OPTHEWIZARD
:
This stock seems to be heading for support at 10.30. If break, 8.8 is next support and 7.1 is key support. Should at least get a rebound off there. It already broke in to previous order block so just wait for those 3 prices see which one has a reaction.
Investing 101
OPTHEWIZARD
:
Quantum scape support is 19.1. If it breaks there, there is no more historic supports. You will have to go on the fly and see which price point it hits with a significant rebound with volume. And you have to monitor after touching resistance whether it is rejected with high vol. If its rejected w high vol, recommend to take profit there as it might come back down.
Investing 101
OPTHEWIZARD
:
My bad. Used my tradingview and saw there was another support at 11.30. Moomoo didn't show me that . But fibonacci extension also shows 13.52 as a possible support if it breaks 19.10. If 11.30 doesn't hold next could be 10.03
THEWIZARD
Investing 101
OP
:
Thanks bro. Also looking to day trade this one. For now all day trades only. After rates are hiked, see how the effect works, then shop around for some Blue Chips.
THEWIZARD : What is your technical view for $Ballard Power Systems Inc (BLDP.US)$ for this coming week?
Thank you.
THEWIZARD : Technical view for $QuantumScape (QS.US)$ as well, if you have the spare time.
Thank you.
Investing 101 OP THEWIZARD : Will try do those later.
Investing 101 OP THEWIZARD : This stock seems to be heading for support at 10.30. If break, 8.8 is next support and 7.1 is key support. Should at least get a rebound off there. It already broke in to previous order block so just wait for those 3 prices see which one has a reaction.
Investing 101 OP THEWIZARD : Quantum scape support is 19.1. If it breaks there, there is no more historic supports. You will have to go on the fly and see which price point it hits with a significant rebound with volume. And you have to monitor after touching resistance whether it is rejected with high vol. If its rejected w high vol, recommend to take profit there as it might come back down.
Investing 101 OP THEWIZARD : My bad. Used my tradingview and saw there was another support at 11.30. Moomoo didn't show me that . But fibonacci extension also shows 13.52 as a possible support if it breaks 19.10. If 11.30 doesn't hold next could be 10.03
THEWIZARD Investing 101 OP : Thanks bro.
Just doing day trades, scalping.
Not the time to invest in these yet.
THEWIZARD Investing 101 OP : Thanks bro.
Also looking to day trade this one.
For now all day trades only.
After rates are hiked, see how the effect works, then shop around for some Blue Chips.