5% off of 52W Lows Needs bounce to matter $1 NASDAQ compliance in play? Will drop trading if moves 5% under 52 Week Lows PT: $1
-RSI oversold Seeing how this plays out, not necessarily bullish or bearish. Seeing how a tech giant reacts in a crucial area. Has been in down trend for a while
Hedge fund investment news, above 180D MA first time in a while, Techinicals bullish MACD converging 1hr, 4hr
NFLX slghtly up following NASDAQ after hot inflation data. Historic Lagger to peers Close above orange line is bullish, close below line is bearish. Ride to next range and take profit.
-X is Steel, Commodities Fall with inflation? Unexpected CPI data, - MACD converging to bearish - Under 9 EMA /21 EMA , shorting those as resistance
Daily Chart Catalysts: NIO Day 7/13 Earning Anticipation 8/10 Idea: Wait for closes above $47, ride to $54, then new ATH
4HR Chart Unconfirmed Hidden Bullish Divergence RSI Fairly Neutral Last Candle close above 180D Moving Average (Bullish) Entry is next 4hr candle close above 21D EMA Exit is when price hits 9D EMA
Theory: If candle with arrow on MACD closes green (1:30pm EST would be candle close), this may suggust a new wave of buying pressure.