BBTrader29

BBTrader29

Ethereum has already broken the upward support trendline within the double top formation. A break of that support line is bearish for Ethereum, especially now that it looks to complete its double top formation. Ethereum may have a short interim bounce back to 2200 from todays levels of 1800. But will most likely fail to 1000, where that is the next support...

BBTrader29

TSLA ran up from 200 to 475/shr. On its way up it left to gaps in its price action, one gap up to 245 and another one right after to 275. Gaps in price action are eventually filled 90% of the time. During TSLA's recent decline, it pushed all the way down to close the gaps it had in its chart, with the bottom being 220, where the inital gap started. Now that...

BBTrader29 Updated 

Bitcoin is following a head and shoulders pattern and seems to have reach its final right shoulder. Bitcoin has been overextended on the monthly chart for a while and a pullback looks impending. This bottom range of the right shoulder looks to be around the 55k range for a healthy pullback. Everyone wants crypto to go straight up without thinking of the...

BBTrader29

BTC is one of the only bullish looking charts in crypto right now, which makes sense since there are billions of dollars associated to it between the new BTC ETFs, Microstrategy company stake of billions, as well as Elon Musks. Actual value to companies backed to the currency. With that being said we are looking like we are heading back down to 65k to retest...

BBTrader29

TSLA is in the last leg of its wave pattern. It's previous wave low was at 196, and since has followed the wave pattern back above its moving averages. It also has formed a nice rounding pattern, suggesting we would get back to old highs of 375-400 by March 2024. This would be a 3.25:1 risk reward ratio. WIth the stop loss being at the previous wave low of 196.

BBTrader29

GOOG has crossed over its 13 ema showing bullishness on the daily/4hr/hourly. It has been posting higher lows with the most recent low being at the 110 level. This is looking like it has trajectory to the top of the range to the 120 area.

BBTrader29

CRWD has a inclining support zone at the 173 area, with higher lows being met at this zone followed by higher highs. Thinking CRWD will bounce from here and reach a higher high around the 198 area.

BBTrader29

MRNA has retested support around the 156 area and showed a bullish close on the hourly/4hour/daily charts. The range here is 156 to 184. MRNA had a healthy pullback to support and now looks to continue upward in the range.

BBTrader29

CCL has longer term uptrending support which currently lies at the 21.5 level. CCL has also been in a longer term range, and i believe this is the bottom of that range. Suspecting a bounce from here

BBTrader29

FCEL has recently posted a higher high, followed by a higher low. This is uptredning along the moving averages and looks to test the most recent high of 8.8. It also could make a higher high around 9.5

BBTrader29

HOOD gapped down on earnings to its all time low, the is a support buy zone. Looking for this to bounce back up to pre-earnings prices. A close below the all time low of 33.8 would trigger an exit

BBTrader29

DOCU is showing an upward round trending formation and held the moving averages with a green doji candle. Looking to continue the upward momentum before earnings are reported. A break below todays low would indicate a break in trend

BBTrader29

DKNG had a complete sell off after showing strength and a buy up this morning. Its a bull trap and closed red on the day leaving a long sell off wick above the moving average. Looks like this moving average will act as short term resistance now. The 48 level has been tested 5 times and it looks as though its heading for a 6th, looking to see a breakdown to the 45 range.

BBTrader29

ZS has ran up right into its previous ATH. This is the first test of that high, and it comes after being overbought on stochastics and after 4 consecutive green run-up days pushing it to overextended levels piercing above the upper bollinger band. This level will act as resistance with 300 mark also acting as a physcological level of resistance, which is where...

BBTrader29

BYND is overextended on the bollinger bands and the stochastics are oversold and showing bullish divergence. Price has continued down has stochastics have leveled off. Looking for a snapback off of the 100 support level. This 100 support is also a psychological level for the stock and will act as support.

BBTrader29

SPWR has just filled the gap in its daily chart. Now that the gap has filled i'm looking for a reversal back to the top of the range around the 24.3 area. It is also sitting on the 50 sma support.

BBTrader29

YETI is overextended to the downside on its 6th consecutive red day. It has now exceeded the lower bollinger band and is oversold on the stochastics. It has also reached a support bounce area around 85 range. It also has the 200 sma as support. All this considered i believe a relief snapback bounce is in play until 91 range.

BBTrader29

ZS has crossed over its 13 EMA and pulled back to test it today holding the level. Looking for a run up in the range to 285.