OwlTrades

OwlTrades

Hello! BABA triggered for hitting a daily demand zone with this gap down. I am looking at a possible consolidation or bounce followed by a run towards 293-299. If this does play out you could potentially play a short if 293-299 gets rejected for a possible head and shoulders pattern with a stop of the break above 300. There are a few gaps below us that with...

OwlTrades

Hello! AMD is on my watchlist this week as it has ER. I will not be looking to enter until after the report is out where I'll be going with either puts to potentially fill the gaps below, or if AMD beats then I think we could potentially reach upwards to 98-99 with strength.

OwlTrades

After completing a wave 3 we are setting up for an ABC correction to complete wave 4 if the support from previous ATHS is broken. I am looking to go long from 92-95 for an overall Price Target of 118. If the support of 98 is not broken we can get far more extended than 118 before the next pullback. Ideal Entry is 92-95 so if we do not break down that far be...

OwlTrades

After reaching ATHs for ES we have formed a nice cup and handle pushing new ATHs for end of year. Entry level- Break and hold above 3471.50 with a stop loss breaking down below 3413.50.

OwlTrades

CELH has been in a flag pattern for a couple months now with the selling power fading away. We had a false break over the trend resistance but found support at the .618% fibonacci extension level. You can either enter on the break and hold over trend resistance or enter at mid way trend support. Stop loss: Break down below bottom trend support.

OwlTrades

After consolidating in this $80-$90 range for a couple months they finally got a price upgrade to 115. I think we could potentially be in the beginning of a bigger wave 3 of Elliot Wave Theory. I have a tight stop loss of the gap being filled and breaking down from there.

OwlTrades

BAC has a very nice wedge set up under the 200 EMA, I am looking to go long if the 200 EMA is broken with my first Price Target of 28.74, 30.26 and then 31.68.