Snap chat absolutely smashed its earnings report to new highs, BUT... what goes up must come down, I'm going to let it settle for a few days and see where it wants to be. I believe that the price per share for snap chat is extremely low and should be taken advantage of, it's potential for growth and popularity with young people is through the roof. Its a...
A good looking technical trade seems to of appeared with TTWO its on the trend line and if begins to follow suit it shall push forward, along with lock down and people staying in, online games are a huge advantage right now so that all stands in its favour... I have placed a buy order just above the last closed 4hr candle @ (166.80) ready for its push and a stop...
haven't entered a position just yet as I can sus if its going to break the red line it seems to really be fighting that price mark... if it goes back up to the trend line ill be putting a sell order just below the last closed 4hr candle that touches it. I believe its forming a descending triangle or a trend change, only time will tell. Not rushing this trade at all.
Just got my buy position in on tesla, the technical analysis is all in play and the earnings report is about to drop 2:30 PST. The earnings report is all looking positive and seems to be in its favour... it may drop a bit more but holding is in mind as always for tesla.