MatterhornTrading

MatterhornTrading

Here we see NASDAQ:NVDA weekly chart approached its weekly trend support after reporting earnings. Buying pressure couldn’t keep this below $120 for long. Dips like these are appealing for market-leading growth stocks, especially when the trend is respected. It provides opportunities to accumulate shares towards weekly trend support with intention of selling...

MatterhornTrading

NASDAQ:FCNCA Noting the approach towards monthly trend support. If it continues to respect trend, it’s approaching levels that present quality swing opportunities on the higher probability outcome of a push back to trend resistance / all time highs.

MatterhornTrading

This swing trading setup displays the weekly trend holding up quite well for $UBER. The strategy here is accumulation towards weekly trend support for a swing trade to the upside towards all time highs ($87 resistance). If the breakout over $87 holds, this becomes even more appealing for that higher probability outcome of a sustained upside push. A sustained break...

MatterhornTrading

Alerts set here for a sustained breakout over previous intraday high (PHOD) and $4 resistance. This parabolic move has completed 90% -> 120% so far on way higher than average volume. A sustained breakout over $4 indicates higher probability of upside continuation, presenting scalp opportunities (only if the sustained breakout occurs). A break below trend support...

MatterhornTrading

Trend is holding up on the hourly chart. Hourly trend resistance at $2.22/ $2 levels. Hourly trend support above $1.50 level. A sustained breakout over trend resistance (on higher than average volume) tends to lead to higher probability outcome of upside continuation, presenting scalp opportunities. Alerts set here for that sustained breakout.