• Under all Moving averages • Fibonacci points out the .50% mark which is a major consolidation and direction indicatior • Buyers have been picked up lower but not enough conviction to still continue higher unless continued loading ○ My Thought: ETF: A few days ago we noted that buyers would step in around the 3100 level and so far buyers have stepped...
• Testing 100 day moving Average • Buyers stepped in on massive consolidation to what looked like a double bottom on the daily • Fibonocci says we are moving into Bullish zone but not there yet ( just below 0.382% level • Same double bottom from may 2020 consolidation ○ My Thoughts: EU reached our breakout zone a couple days ago and has since...
• 115.476 area is a area of Previous resistence • 10 day moving average is where area of previous resistence is located • Wide spread between 20 day and 50 moving average • Just above 113.350 is the 100 day moving average ○ My Thoughts: Overall: Neutral Today: Bearish Yesterday barely provided us a bullish close. Today has a bullish open but is right...
A couple weeks ago I posted that If we didn't hit All time highs we would make a move down to $122. well yesterday we reach $125 where it seems apparent that buyers have stepped in along with good news form the fed meeting and Nasdaq being able to carry the market. Earlier today we seen a price raise to $155 as AMD and Xilinx near a deal. Along with Wells Fargo...
macd moving heavy to the long side. it would appear positive news came out. took entry below $0.36 looking for $1
AMD Looks to have started the cycle of selling off for a short time. Over the last 21 trading days we have seen the breakdown from all time highs to test the $130 support range. I also wrote in a more previous chart last week that the range would be down to $135-$133 IF WE GET REJECTED I wrote that.. If that doesn’t hold we fail back to $122. I have shown a...
A couple days ago I wrote that my first intermediate target was $155 then to take some off the top. Target was hit yesterday. We should have then seen some short selling get in the mix . We pulled back after some takers to just over a resistence ostensibly $146. here we can go 2 ways. 1) we continue down to test the 100 EMA at $146. With that I might trigger...
My today's $153 price target is coming from the nov 8th spike. That bullish move is a significant area. If we are moving in that direction we could see $160 EOW. On the 1 hour we a seeing an inverse head and shoulders playing out. After making the last shoulder last week it is ready to see this move through. In my last post I stated taking some off the top at...
I would look bullish above $138.75 but would take a short position if we close below $183.90 *DYDD
Looking at the overall chart from a monthly standpoint we have a breakout of a bull-flag created from July 2020 till the break out in July of this year 2021. Over the last 5 months has since increased in price by 50%. It would seem that there is area of support between $133 and $146. that is a hot consolidation area. I can see this happening a few ways. 1) Seeing...
12.13.21 Apple: Apple came with bullish momentum this morning while nearing the $3 Trillion market cap heavier call volume against the put volume on the contracts ranging from $180-200 far outweigh My key levels watching for trends: $177.5 would be a nice short entry if momentum changes downward but there are areas in the $176 range where it looks as if buyers...
Roku with massive oversoldness. there is also new that they have expanded this year. the gap up this mornig ma provide a drive we need to push back to $300. fist stop is $275. but it must hold $250. Long above $240 short below. $235 should be the bottom area. lokking for $250 to break for a hold above $250 today
looking for the $300 gap fill. well we have resistence around 289 which im looking to write calls for. i do feel that we come lower on moderna looking for $225 by late january
Black Friday and Christmas... need I say more??? Long above $3350 short below
Im am looking for AMD to get back To ATH highs by the EOM (end of month) we have been putting in love support building up since its fall from All time Highs let me know what you think
My Entry here is support by an uptrend support test at $3300. The Holidays are coming in fast and Amazon is ramping up hiring process. with recent 3q quotes 4 quarter is sure to be blazing $3325 test if success fully $3370 is next test
Looking at Tesla to come down a bit to fill the gap after all the excitement its back to business looking for $1020
I see better support around $32-$28 looking for support test coming soon off the bull squeeze