QQQ about to get a reversal for the short term into #2 trend line. There are few reasons for that: 1. QQQ had amazing rally since March 2. On 2nd september, a correction from the high started. it blocked exactly at the 23% Fibonacci level (see linked overview) 3. after a small correction, QQQ fell down below 50MA 4. Now, after a correction, 50MA should be used as...
Possible long position in FB: Broke uptrending channel since March. About to reach major support price and might bounce higher. Stop should be set < 247 (end of day). Rough days in front of us, trade with extra cautious.
ROKU beautiful bullish setup. Gets strong support from 50MA and 50 RSI. Trend inside ascending channel and after small pullback to 50MA. If break above the the dash orange line, it will be good opportunity for Long. Buy > 166$ Stop < 157$
Beautiful setup for FSLY: Descending triangle setup with VERY strong support line around 72$-73$. Breakout the ascend diagonal trend line AND 50MA line will trigger a long position for me. Also, expecting to see RSI above 50. Buy > 87$ Stop < 70$
Doji candle closed to strong support line at 2950. Let's see if we'll have confirmation for reversal. In case of confirmation candle, long position might work. Stop < 2950
Uptrending nicely. Ascending triangle + support on trend line + MA20 hold as support. Stop < 18.5$
Important week for LVS as it reached to the end of triangle pattern. From here we might go up to 56$ or going down again to 49.5$. It's all depend on the market direction. Triggers for trades: Long: Buy > 53$ AND volume over average volume (6M) Target 56$ stop 52.5$ Short: Sell < 51.5$ Target 49.5$ stop 52$ Be careful and have a nice week!
GOOG traded nicely inside an upside channel. Had reversal pattern on the bottom of the channel. Looks like it is a good time to join. First target 1650 Second target 1750 Stop under 1500 Enjoy!
Classic reversal for up-trending stock. probably will retest the high at 124$ Stop is at today's low around 115$ Good luck!
ALGN going to break long term upside trend line. First target 365 Second target 400 Stop 5%
ADBE trading inside an upside channel since March bottom. Have more than 10% potential profit with 5% stop on 460$. 1:2 profit ratio Reporting tomorrow so extra care should be taken. Good luck.
QQQ had significant gains recently and a correction was only a matter of time. The question is how deep the correction will be. As I see it, there are 2 major support/resistance lines - long term and mid term. Mid term trend line (1 on the graph) created from 3 points on the graph, first is February peak, second 13th July, and latter is 6th August. Then at 18th...
Hey, PYPL trending higher inside an uptrend channel, while obeys to technical indicators: support on lower uptrand channel line support on 50 days SMA. convargance into upper triangle form. I predict that the triangle pattern will kept, and therefore a possible LONG position can be open. First Target - 92.5-93 Stop should be under close price under the...
The company down trending and obeys to all the technical rules: Classic Reversal on the Daily chart Resistance by top trending line Resistance by SMA 20. Trigger for trade: - Price < 136.5 - Stop > 139 - First target - 132 - Second target - 129 Enjoy...