RayTrounday

RayTrounday Updated 

Price on the 4H chart is near supply inside a rising symmetrical triangle pattern. I expect price to head lower from these levels.

RayTrounday Updated 

Price is GC is in a demand area inside a descending triangle. I expect price to retest the most most impulse move lower near 1960 before continuing lower to 1920

RayTrounday Updated 

NQ appears to be topping at current levels

RayTrounday Updated 

Based on the Monthly and Weekly chart, CL is destined to retest above the century mark (107 - 115).

RayTrounday

GC is gearing up for a move. I expect that it will retest 2000 before heading lower.

RayTrounday

Mean reversion day trade on the 6E. Entry @ 118015; Exit 118095. I expect that price will come back to 118500

RayTrounday Updated 

HubSpot (HUBS) completed a Wave 4 of 5 correction and has initiated the final Wave 5 of bullish impulse move. Target 205-210 by early-mid April.

RayTrounday Updated 

TRU has completed a Wave 5 of 5 bullish move. Recent price action was not able to take out the highs and earning was a surprise to the downside. I expect a return to the start of Wave 4 which is approximately 77.50. Target 75-77.50 from current levels once it completes the gap left between 90-91.

RayTrounday

UPS is in Wave 4 of 5 bearish impulsive move. Target is lower 75-70

RayTrounday

Alector has completed a Wave 4 of 5 bullish move. Target is $40-45

RayTrounday Updated 

SPLK completed a Wave4 corrective move and is prime for a move to ~$195-200 by end of April.

RayTrounday

ServiceNow (NOW) retraced to complete a Wave 4 of 5 impulse move. In the process, it filled the gap created by the impulse move from Wave. Target 390-400 by mid to early April.

RayTrounday Updated 

TXRH gapped higher with Earnings to complete a Wave 3. While I am bullish on the stock. I expect that TXRH will initiate a correction wave and for price to fill the gap that it left with Earnings before it continues to move higher to 80. Setting my initial target of ~65 by early April before it continues to move higher.

RayTrounday

Johnson and Johnson (JNJ) is at the start of a final wave5 of a long impulse move. Target 160-162 by end of March.

RayTrounday Updated 

GODADDY is responding off a key level of support at 60. Looking for GODADDY to retest 68. Earnings coming up in mid November.

RayTrounday Updated 

BMRN is in a Wave 4 of 5 impulse move. Target is 98-100 by end of Feb early March.

RayTrounday

I am not prepared to make a recommendation but I am intrigued by the company. It is in the renewable energy space. Fundamentally, the stock is a bit overvalued with P/E, PEG and P/B overvalued but it is in the solar energy sector. I am including my current wave count and would look for entry into the stock between 30-35 for what I expect eventually will reach $50+.

RayTrounday Updated 

H - Hyatt Hotels is in a Wave 4 of 5 impulse move. Target is 95-96 by end Feb early March