Downtrends do downtrend things like, uhh, go down… $CS ↘️ pic.twitter.com/4z4Ni3AwGu — Grayson Roze (@GraysonRoze) March 15, 2023 Today’s Chart of the Day was shared by Grayson Roze (@GraysonRoze). The saying “The trend is your friend“ gets thrown around so often that it’s easy to dismiss it as a cute rhyming platitude. However, we’ve seen numerous examples […]
Chart of the Day – Wednesday, January 26th, 2022
A key way to define a bull market is the creation of higher highs and higher lows. A bull market looks like the silhouette of a staircase. Since the COVID lows, we've unquestionably been in a bull market & have yet to make a lower low. This trend is currently being threatened. pic.twitter.com/SS7AZJ6W04 — Caleb […]
Chart of the Day – Monday, October 12th, 2020
Today’s Chart of the Day was shared by JC Parets (@allstarcharts) in a note titled “It’s Déjà Vu All Over Again” for Bitcoin. In the note, JC classifies Bitcoin’s long-term price action into three phases – Uptrend, Consolidation, and Breakout. We’ve seen these three phases repeat over and over again throughout the past decade. After peaking in 2017, price has spent over […]
Chart of the Day – Friday, August 28th, 2020
Seventh up day in a row. Sixth all-time high close in a row. The S&P 500 is now up 57% since March 23. pic.twitter.com/TiRRUlweMi — Eddy Elfenbein (@EddyElfenbein) August 28, 2020 Today’s Chart of the Day was shared on Twitter by Eddy Elfenbein (@EddyElfenbein). It was a perfect week for the bulls. The S&P 500 […]
Chart of the Day – Thursday, July 30th, 2020
I cringe when I hear people say "Intel's a good co, its down too much, Im buying here" Look how that has worked the last 2 times, if you scroll back on your chart you will see it has history of disappointing "dip buyers" $INTC so many stocks in uptrends, y waste your time? pic.twitter.com/hlejrfCaKn […]