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Gapfill

NFLX long if above 322As you can see by the chart trendline of wedge was broken. Long wicks circled by ellipses indicated bullish at resistance but it broke back down to take out the stop losses set by many who were anticipating a breakout. Re confirmed back above trend line with new wicks ellipses and retest for breakout to fill gap around 330. I will enter longs if above 322. Otherwise I will expect a breakdown to fill out rest of wedge from previous idea post. Cheers!! Trade safe have fun! FOLLOW ME ON MY JOURNEY FROM 1K TO 10MIL!!
NASDAQ:NFLXLong
by Verum0
NFLX: GAP FILL PLAY AND POTENTIAL CUP N HANDLENFLX has lost 76% from its November highs to its July lows. Looking at the chart from a purely technical point of view, here is what I see: - the stock has not retraced much of its down move. A 0.382 retrace would be at $366 and a 0.5 retrace would be at $428. - There's a huge gap between $331 and $249/250. If we were to fill the gap, the target would be $331. To play the gap fill I' d wait for the price to break $250. - A cup and handle is forming with a target between $331 and $366. However the pattern will only be confirmed should we break $250. I'm neutral now, but I'm watching the stock closely. A break of $250 would trigger a long entry with a stop at 240. Keep it on your watch list. Trade safe.
NASDAQ:NFLX
by Elpidaldo
SHOP - formed a baseAfter falling more than 80% from it's peak of 176.29 on 19 Nov 2021, SHOP began to range sideways since May 2022, forming a rounded base. There was an attempt break up the neckline @ 45.43 on 11 Aug 2022 but it failed after filling a prior gap that happened on 4th May. It is now close to making another attempt at breaking up and there is a chance it could stall at the neckline (again). However, now that it is crossing above its 200 day moving average, its odds of breaking up successfully in the near future has increased. Long the breakup with an initial stop just slightly below it's 20 or 50 day moving average. Its momentum is strong as long as it continues to trend up along or above it's 20 day moving average. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:SHOPLong
by Juliac
4
META - my oculus sees a gap fill Gaps get filled. Green arrows show latest dip buys filled the gap from the mass sell off. My red arrows show potential gap fills to equalize this out. Entered PUTS late in the afternoon in anticipation of a gap fill to the downside and seeing the post market dip as well as nice candle Pin off of the 20ma (red line) on the daily gives me a solid indication of where the METAverse is headed in the next few days. The is not investment advice just another one of my crazy ideas…. trade at your own risk. Will I put dinner on the table with this trade? Like and follow to find out!! Yehawwwwww traders!
NASDAQ:METAShort
by Verum0
1
15 min Double top!!!We can see the Confirmation of a 15 min Double top this morning when looking at Gamestop. Also the Relative Strength Index is weighing heavily on the overbought side With the moving average convergence divergence also looking to cross downward. Possible small 2 to 3 dollar dip in the next coming day or days before it starts to make another run back up leading into the last Quadruple witching for the year which will take place on Dec 17, I think we should see GME at new quarterly high about 2 weeks prior to witching and then will fade back off until next quarter in 2023.
NYSE:GME
by impossiblebull
SPY IS BREAKING OUT...Again as this is a 4th-wave we will see plenty of swings.. that is why I did not trade until I saw a "bottom was in" for this wave. Looking at the pre-market we are sitting above $397 and showing strength towards our first level of $411. Some may be wandering what those red lines are for... those are my support lines I draw on a bigger time frame along with fib levels to help with confirmation. I don't just rely on Elliott Waves and Fibs... I feel support and resistance are key to know also.
AMEX:SPYLong
by UnknownUnicorn910751
TSLA EXPECTATION FOR 9-11-2022 WHEN MARKET OPEN on 1h dear traders today our expectation on TSLA depend on last news yesterday and depend on our technical analysis on daily and 1h , 15m time frame we found the price has fallen down and make a gap on daily chart so we expect the shoud make a correction and moving up to close the gap then after that will falling down again to test the same support , also as you see in the chart the rsi indecator give us signa for correction beacuse it test 20 line on rsi ,, and the adx indecator give us the same signal ,, so depend on this analysis we advice you to be ready for correction until close the gap or touch the 50 line ema then the price will falling down again ,, thank you
NASDAQ:TSLALong
by MSD_trading
1
GBPUSD dip to gap fill then bounceOANDA:GBPUSD will dip back down to fill in some PA and Volume gaps. With an anchored VWAP from September 13 NY session open with a big dump starting a long downtrend, PA is ranging between the standard deviations of the long term VWAP. Above the current VWAP, it opened the week with a large gap up from last week's close, which it will go fill on its way back to the VWAP and on down to fill a volume gap seen in a (up/down) volume profile over the same period. After running through the volume gap in a downtrend continuation, shorts reacted sharply twice with price returned to that zone. After it broke up through the gap zone quickly, it returned once and longs sharply pulled it up. I speculate a move back down to the VWAP-1stddev support and the volume gap before Sterling finally begins recovering from his bender before the morning after. (Note: I do smell a little hopium odor from the shorters next door.)
Short
by UnknownUnicorn17032407
SE ~ Lower Lows incoming? Buying Opp incoming?SE, Sea Limited has been suffering massive losses ever since its peak in the fall of 2021. This massive bull run was led with the Tech & Growth Stock boom that's bubble has recently bursted through out the current Bear Market of 2022! Sea Limited owns multiple varieties of Business in the South-Eastern Asia Region. Businesses Like : Shopee - Ecommerce Giant Garena - Gaming + Esports & Much more smaller companies Sea Limited has grown a massive amount of revenue, but has most definitely struggled with its debt and spending to make a profit. Nonetheless, let's get to Technicals! SE has suffered such huge losses, many wonder where is the bottom!? My thesis for this Stock is a short / mid term short position, followed by long term accumilation. Short : SE has 2 major gaps to still be filled from back before COVID, and the gigantic Rally that took place on SE. I see huge potential for this company's future growth, but I think more downside is to come to give SE fair value. Along with fair value, and these gaps SE has been unable to reclaim any weekly moving averages, and the TTM_SQUEEZE Momentum Indicator shows more bearish momentum coming. The monthly chart will get to the point of being oversold, probably near these gap fills. At these gap fill areas, and the way down would be a proper time imo to be covering short positions. The market also seems to have some more pain ahead, and interest rates will only hurt this company and the markets more, driving the stock down fundamentally. Long : I do believe in this company's long term outlook and performance. I do think that this will take a while to turn around... But if these gaps get filled, the Risk/Reward on SE will be favorable if the company has only grown. I am going to be extremely patient on SE but will be ready to hunt the discount if these gaps do become filled. I Will also keep my eye on the TTM_Squeeze on the MONTHLY chart, as the Monthly chart has been getting extreme momentum to the bearish side, and will look extremely oversold in the coming months with more downside. Thesis : Short to Gaps ; Long @ Gap Fills
NYSE:SE
by ZachSap
SPY: Very bearish! What could make it bounce?• So far, SPY is heading to the next support at $360.69, indicating we have a few more bucks to drop, and there’s no technical evidence pointing to a reversal. In the daily chart, at least, there’s not a single bullish pattern yet; • We see some open gaps (yellow squares), and they will become targets, in the future, if (and only if) SPY triggers a reaction; • In the 1h chart we see a possible bullish structure, a Double Bottom chart pattern. Keep in mind, this pattern wasn’t triggered yet, and maybe SPY won’t trigger it at all, but it is important to keep in mind a scenario where it’ll break the $370.21; • By triggering this Double Bottom, SPY would bounce back up to the $388 (its next target); • In my view, I would prefer to see it bouncing after a retest of the $360, but this could work too; • This wouldn’t be a true bullish reversal sign, and maybe would be just a Dead Cat Bounce, but could be the beginning of a true mid-term reversal. I’ll keep you guys posted on this. Remember to follow me for more analysis like this! Keep in touch.
AMEX:SPY
by Nathan_The_Finance_Hydra
10
COMPARISON DAX 2008 and 2022 1W Char Description: Possible But is Not Guarantee Long-Term Sell invest on DAX if you are long-term investor, and you like long-term positions you can see for setup to enter the market in my previous analysis I told about mega gap fill on DAX and other index, but you can see for reversal char pattern as you can see in 2008 H&S Bottom to exit your long-term sell position Warning: This is not a Financial Advice nothing is guaranteed I am not a financial expert or financial adviser I only share my opinion
XETR:DAXShort
by UnknownUnicorn35433302
SPX May Rally to Backtest H&S Neckline or Fill GapsPrimary Chart SPX may rally this week to backtest the H&S neckline (now resistance) where SPX price experienced a downward breakout in late August 2022. So far, price action has come off the lows last week with some force and velocity. Short-term price targets are 4106 first, and if that level holds, then 4137 and 4187. Much depends on the CPI print on Tuesday. Bollinger Bands on the 2-hour chart show increasing directional volatility with an upward bias into this week. Bollinger Bands on the daily chart have begun to narrow, showing that the trending downward move is temporarily paused while price chops within the recent range. Chop includes the current rally to retrace a substantial portion of the recent downtrending move since August highs. Further technical evidence supporting ongoing choppy price action arises from the SPX triangle pattern discussed last week , where SPX bounced right off the lower trendline of the triangle—which is an upward trendline from June 2022 lows. The H&S neckline where a backtest may occur is shown on the Primary Chart above. This area is around 4130-4150 SPX. Two gap fill areas lie above the H&S breakout area around 4219 and 4279. If CPI on Tuesday comes in better than expected, these gap-fill areas could be filled before the downtrend resumes. Fibonacci levels of resistance and support include a cluster of support from 4054-4072, 4106 (coinciding with the H&S neckline that may be backtested soon), 4137, 4187, and 4231. See Supplementary Chart A with Fibonacci Levels chart below. A supply / resistance zone is near 4200-4220, coinciding with the lower gap-fill area. Supplementary Chart A: Fibonacci Levels to Watch over The Next Week Please note that this technical-analysis viewpoint is short-term in nature . This is not a trade recommendation, and countertrend trading, e.g., trading a rally in a bear market, is tricky and challenging even for the most experienced traders. Countertrend trades are lower probability trades as well. Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction. SP:SPX AMEX:SPY CME_MINI:ES1!
SP:SPXLong
by SquishTrade
2