Dabney

Dabney

Dip buyers have not been rewarded in this sell off thus far. Every pop has been sold on larger time frames, and I believe there is much more correction ahead of us from a technical standpoint. The Golden Golden Pocket seems like an appropriate level to retrace to. We still have rate hikes, global turmoil, and I don't believe panic selling has set in yet. We could...

Dabney

I believe we've bottomed here on ZM and I'm looking for a move back to the golden pocket. If "Stay at Home" names are going to have a resurgence, than this is the first name I want to be in. I'm looking for an ultimate move back to the the $233 area

Dabney

SQ looks like a decent set up heading into the week, especially for what looks like a resurgence of the 'stay at home' stocks, which all inversed Friday's sell off. Something to watch this week. I like it to make a move back towards $230. Trade is invalidated on a daily close below $205.50

Dabney

AAPL only really has two scenarios in my opinion. I don't think this is the environment where it chops around much. The two scenarios are a retracement back to the golden pocket, which would be a back test of the latest breakout, or we hold the .5 fib level here (which is the last level to remain bullish) and retest ATHs. I won't lean one way or another but I...

Dabney

From a technical standpoint this is as beautiful as it gets. I'm looking for an inside bar tomorrow to help stabilize Friday's sell off. From there we we'll get more information as to whether we set up a bear flag and continue to the downside or if the .382 was merely a resting point from a massive run. Watch the levels this week

Dabney

Whatever they're calling themselves now had a monster day on Friday, and looks like it wants to take out $345. Clear that and i expect ATH's to come soon after. The .5 (which is the last line of defense to remain bullish) held and two failed attempts at a breakdown before making a hard bounce on Friday. I don't plan to play it until it clears that overhead...

Dabney

MSFT has the chance to bust through this ceiling and continue to extend to ATHs. If tech and the Q's hold up this is a no brainer. Similar to FB we have a monster close on Friday, heading into resistance, and what I believe will be a bullflag set up into the week, before eventually trading higher. Again nothing for me until the break above $339

Dabney

The energy sector has been getting some love lately and after several touches above RUN looks ready to..... Run. Every time runs into the resistance above its chipping away at the sellers wall. I'm looking to play on a break above resistance with volume for a big move. Chart is very healthy. I'm less interested if a daily close comes below the 8ema.

Dabney

This thing has been like my baby the last 8 to 10 weeks. As long as the printer is still on this thing won't stop. There's nowhere else for money to go. But that is fundamental stuff and not technical. Last week was a cooler to reset the chart but I ultimately believe we see 4700 again very soon (futures market looks bright right now too). Be on the look out for...

Dabney

Keep TGT on watch here, especially if given an inside tomorrow on the daily. This looks like consolidation before earnings and a run to ATHs. However something to be mindful of is the reaction it received after last earnings. Don't lose sight of this one, because if it holds its going to run in holiday season.

Dabney

Not the prettiest chart but clear entries on both upside and downside movement. I like UBER hear above $49 and also would like to enter at $45 as well, should it get there.

Dabney

ATVI has a huge gap to fill. RSI is in the gutter and should begin to round out now. There aren't any sellers left.

Dabney

After something like 17 of the last 20 days being green, its probably a good chance we consolidate up here. Doesn't mean market tanks, just means I'm looking at a possible cool off to some fib retracement levels. Something to keep an eye on in the week ahead.

Dabney

with earnings coming up in a couple weeks and low volume consideration, it looks ready to run back into the $30 range. Will take an entry here as long as the 8ema holds. Trade is invalidated with a daily close below $22.30.

Dabney Updated 

Looking at a possible breakout above the trendline and continuation heading into earnings. With the first target being $270.

Dabney

pretty simple play here, a break of the channel leads to $3550. Expect some consolidation after Friday's massive run, but looking for another move higher. Wouldn't play it until a break of the channel and would look to cut on a daily close inside the channel.

Dabney

With everything beat up, we could see some reversals here. A lot of names can retrace to the golden pocket and beyond. Looking for a move back to the GP ($67). If market crumbles and $60.75 is lost on the daily time frame, the trade is invalidated.

Dabney Updated 

FB looks oversold here and with earning coming up in two weeks, an entire month + of selling, and sitting at the golden pocket, this is a good spot to take a shot long. Pretty simple here, targets 1 and 2 are $340 and $350. Trade would be invalidated with a daily close below $323