NASDAQ:TSLA When TSLA catches momentum, it really catches momentum! - Inverse Head and Shoulders on the daily (bullish pattern) - Clean break of psych level at 200 and held. - Breaking above neckline around 210-211 could fuel more upside targeting resistances above: 217.65 - 223.80 - Playing long side on TSLA is valid above 200. If TSLA starts getting candle...
NYSE:GM - Beautiful bounce off of daily demand and now gaining traction as well as lower channel bounce (confluences) - A break and hold above 37.00 can test 37.76 resistance then psych level at 38.00. Above 38, you're opening doors for more upside with a final target at 40.00 Contract Suggestions which covers earnings run up as well: GM 4/28 36 CALL GM 4/28 37 CALL
NASDAQ:AAPL - Inverse Head & Shoulders Pattern on the Daily (Bullish Pattern) - Neckline break and held above this level (purple line) - Looking for it to break above 165 and hold for continuation. Levels to watch out for: -Long above 165 to target supply above around 168.78 - 171.05 with a stop loss below 164.00 -Failure to hold 164 on higher timeframes...
-Bounced and finding support @ 200SMA -Wedge formation breakout? -TTM Squeezes on timeframes listed (30m,1h,2h,3h) -Potential $6-$7 move if squeeze fires. -Break above 2h supply(240.57) could test upper wick @ 248.23 then next target @ 3h Supply.
-Inverse H&S on the 4h timeframe. -2h Supply around neckline. -We also have a TTM Squeeze forming on timeframes listed (30m, 1h, 2h, 3h, 4h). Higher chance of firing w/ squeeze on multiple timeframes. Entry: break above 311.65 could target 318-320
**Ticker:** SBUX **Golden Setup Checklist:** - Above key moving averages (8,21,50) - TTM Squeezes on multiple timeframes (1h,2h,4h,D,2D,3D,W) - No Earnings, Dividend Payout in the near future - Catalyst: Earnings was not bad at all. Multiple analyst have buy ratings well above where the stock is trading right now. **Ratings And Price Targets as of Nov...
-Weekly descending triangle breakout. -Daily, 2 Day, Weekly TTM Squeeze forming -Big resistance around 227.00 area. -Gap fill potential around 234.00
-Inverse Head & Shoulders on the Daily - Breakout Level/Neckline at 345.02 - Low compression squeezes on the 4Hr and Daily. -Possible short term target @ 350 and gap fill around 355. NASDAQ:FB
Ticker: ROKU Notes: Roku has been trending in this downward channel and finally bounced off of this Daily demand and broke out of that downard trendline. We just need confirmation on this breakout and be patient with it. We don't want to catch a falling knife. Key Level: Crossover above 200SMA (362.64) could be a good reversal entry for a target of 370 then 385.
Ticker: PYPL Notes: PYPL got rejected hard on that 21EMA and formed a doji on the daily. It's setting up for a base rally formation along w/ TTM Squeeze on smaller timeframes. We also broke out of this wedge and looking for a continuation. Key Levels: - Play the breakout of 21EMA w/ a target of 286-287 area (50SMA) or -Wait for a retest of this wedge breakout at...
UPS gapped down after ER and retraced back to .618 level and have been consolidating since. We forming a bull pennant and setting up for a mean reversion to the upside with a target of 200.50. We are also forming a TTM Squeeze on 4H, 2H, 1H and 15M. Gap fill potential if the squeeze fires. Average post squeeze run is about $8 move. Key Level: 192.70 area to...
-Cup & Handle (daily) -Inverse Head & Shoulders (daily) -Demand Zone (daily): 20.62 - 21.62) Either play at the break of the wedge (handle) or wait until the demand area to enter long. We are currently below the 50 and 200 SMA which is a bearish trend. I would like it to get above those levels to enter for a possible target of around 30-35 level. NYSE:FUBO
-Inverse head and shoulders -Breakout level @ 324.50 -4hr gap @ 341.13-338.15 -Look for the 50DAY SMA to act as support -Wait for confirmation. Would love for it to get above the 6 & 8 SMA or form a squeeze on smaller timeframes. NYSE:HD
-TTM Squeeze fired: (Weekly, A7) -Inverse head & shoulders formed -At breakout level -Above stacked EMAs and SMAs (bullish) -Has a gap to fill around 70.12 - 70.96 Contract Suggestion: 8/20 70C @ 1.50 8/20 72.5C @ .85 NYSE:TJX
-Wolfe wave triggered today (daily) -Daily TTM Squeeze Scanning (avg squeeze time is 6 and we're on 7. It's bound to fire soon. -Breakout level is 300 and we broke it today and got rejected at 50DAY SMA. -We have a 1hr demand zone around 296 - 297.90 would love for it to come down that area to enter long. Contract Suggestion: 7/16 302.50C @ 1.75 7/16 305.00C @...
-PTON formed a Cup & Handle on the daily and it's getting ready to breakout. -200SMA tested multiple times, we can assume that this is a valid support -Open above 124 tomorrow is a bullish sign and could squeeze to 125.50-126.00 -Below 200SMA (around 119) bearish sign and could see a pullback around 117 - 116 area. NASDAQ:PTON
-Wedge/Pennant formation -Long and daily candle close above $18. Contract Suggestions: VUZI 7/16 17C @ 1.05 VUZI 8/20 21C @ 1.10
AAPL pulled back down to the 6DAY SMA and bounced back as the whole market also bounced back from the low. Here are my notes and what to watch out for: -Looks like wave 3 of Elliott Wave has ended and looking for a slight pullback to form that wave 4 before another leg up. -Watching the 21DAY SMA for a bounce or all the way down to .382 fib retracement. -I would...