Get started

Squeezemomentum

SCWB- Sustained Uptrend Curently in a Momentum SqueezeSCHW has done well in a bad year for the market. the earnings release in October looked good. The stock has gained 25% in the past 4 months very consistentl which shows relative strengh compared with SPY which has descended badly. On the daily chart it is sitting above an ascending Ichimoku cloud. This has been trading above VWAP since Late October showing an overall bullish bias. The Momentum indicator shows a current squeeze with the Bollinger Bands constricting around the price action. I am looking to trade this as a call option with a one-month expiration. Fundamentally, SCWB will be busy this December as the number of tax loss sales to book capital losses will likely be astronomical.
NYSE:SCHWLong
by AwesomeAvani
MULN $ Alert Targetif we open the market above our current level of support 0.60$, and hold it , we going to have continuation for the pump till first profit taking around the 0.67$, then the 0.76$. on the other hand if we broke the 0.60$ on the market open , then the short will drive the price till our strong level of support above the 0.53$, and holding above this level we confirm the strength of the bull, to retest the 0.60$ later today and going towards our 2 profit taking .
NASDAQ:MULNLong
by TRADING-JESUS
3
TSLA, Dropping prices!Hello traders. Tesla has been consolidated and tomorrow we might have a dowtrend, by the way the gap could be negative! The prices might drop from 751 (PP) to 738(S1), to 716 (S2). hoping that prices don't break at 702 that it would confirm a new drop to 620, not tomorrow, but during this week. On the high side, we could have 774 to 785, conditioning that the prices bounce on the pivot Control point, pivot point 751 All this is to keep the technical reversal of the last uptrend. If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term. Please keep checking the trend, pivot point levels. The key. The prices should bounce on the pivot level to go higher.
NASDAQ:TSLAShort
by Bekapc
4
NASDAQ, Downtrend, The supports should work!!Hello traders. Nasdaq has been consolidated and tomorrow, We might have a strong sell zone, the last resistances, and support that I showed before still working and tomorrow we should check if the prices won't strongly break down at 12359 and if the prices do it, it should bounce at 11906. The target for tomorrow S1 -S2 All this is to keep the technical reversal of the last uptrend. If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term. Please keep checking the trend, pivot point levels, and the support and resistance I have plotted in the chart. The key. The prices should bounce in the pivot level to go higher.
UShort
by Bekapc
2
Start her up...This has the setup to really go, point target = 155 by May 20 (the yellow highlighted date that is covered up (oops) is 5/20). - target range is 130s to 160s by May 11 - early June, depending on if the price can keep up with time! - initial/moderate target is 114, which is a statistical adj. target, I'll likely play calls with this as goal target by May 20 (and if I get more, i.e. 130-160, that's great) - if it falls out of fan off the recent low I'd expect a test of around 64 and would re-eval from there. Need to see how it reacts with market post-FOMC, plenty of upside to be patient here. Some aspects to note on the side/apart from chart: - Very heavily shorted this could easily squeeze to target but they need to deliver on this upcoming report - Irregularly bullish options activity spotted recently with up to $900K sweeps at strikes ranging from 90.00-150.00 Please provide any feedback, especially related to Gann (this is my first Gann idea so any criticism welcomed... Best, Bard's Apprentice
NASDAQ:UPSTLong
by JerryManders