FlowSights
AMEX:SPY gapped down and is currently at long term support. Expecting a bounce from here now that it has filled in previous gap at $328. If it breaks support $321 is next target.
Pretty simple but wanted to make note: NASDAQ:ZNGA has set up an ascending triangle and is ready for a breakout. MACD is destined for a reversal and RSI has room to run. Watch for the breakout of $9.70, expecting a movement to $10 after.
NASDAQ:MSFT : Nice cup and handle pattern here on the 15min chart. This should continue to breakout towards $200 in the near term as long as market holds. Bullish pattern supported by strong MACD and RSI signals on the daily chart. Thoughts?
I am still new to technical analysis but wanted to get my ideas out there. WYNN is likely to continue to benefit as Vegas reopens. It has some great potential to retrace back to $109 as it recently broke out of its long term resistance and is currently supported by rising ACCDIST line.
NASDAQ:ATVI I am still new to technical analysis but I think this is ready for another breakout. It has some resistance at $74 but will test again soon and if broken run to high $70s. Daily chart shows an ascending triangle pattern. MACD is about to cross the signal line and RSI still shows its not over bought. Lets see what happens. Would love any feedback and...