Weekly Stocks Technical Analysis #NIO #TWTR #AMZN [#ANALYSIS WITH @MillionaireTiger]
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Price played out well according to my last analysis. Right now, price has filled the fair value gap at 18.29. I'm expecting a bullish retracement within this POI. However, with the current macro environment, do wait for confirmations on a lower timeframe if you decide to enter this reversal. I will wait for the lows at 16.54 to be taken first and wait for confirmations.
Price is consolidating since my last analysis. Price doesn't seem to have any more bullish momentum to the upside. I'm expecting price to react to this fair value gap and go lower. Of course, there is still a possibility of price heading towards 43.64 before going lower.
Price played out accordingly to my last analysis. Price is currently mitigating the bullish POI at 125.50. However, I'm expecting the lows at 114.53 to be taken. The target for this down move should be the lows at 101.26, and potentially into the bullish POI at 94.71 to make the spring according to Wyckoff accumulation schematic.
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#ANALYSIS WITH @MillionaireTiger
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