ShakeShakeLeg

ShakeShakeLeg Updated 

What I see... + Prices consolidated within channel, moving sideway range bounded for the past 2 weeks + Bullish break-out signal with a gap-up and strong volume on Friday + Price is near 52w high + Prices stayed strong during Feb. and March period; an indication of a very strong performing stock during the Bear market - Latest bar showed up upper...

ShakeShakeLeg Updated 

:: It was a failed setup from 2 days okay; I kept $BK on my watchlist and see a possible good setup + NR7 with lowest vol. over the past 30 sessions + Inside bar + NR7 + Hammer +/- Weak support from .38 Fib - Yesterday's bar had long upper shadow - Appears to be moving side way around the 0.5 Fib. Setup: Long above yesterday's high Stop set conservatively at...

ShakeShakeLeg Updated 

What I see... + Cup & Handle + Significant accumulation since early April + Rising MACD + Very strong weekly chart with multiple bullish break-out signals +/- Earnings ahead! - Multiple gap-ups in the past few days - -1d high breached Cup/Handle high but retraced - Price approaching falling 50MA = potential resistance - Lots of upper shadows throughout past...

ShakeShakeLeg Updated 

What I see + Prices retraced to mid-March low and rebounded strongly to the neck line + Right shoulder formed after prices rebound from April low + Price has gone up ~20% for the year, not a bad performer during CV-19 + With all the work-from-home workers scattered around the world, Atlassian provides the software tool that these companies need to allow the...

ShakeShakeLeg Updated 

What I see... + Price held strong throughout Feb. and Mar. when the market tanked + Price rebound strongly with very high vol. + BO signal through the past 3 weeks + It is up ~ +30% for the year!! + Strategy: get into an early position before the June 5 earnings Setup... This is going to be a longer term trade Entry above the high of the past 2 weeks Stop set...

ShakeShakeLeg Updated 

$BK - long What I saw: + Sideway move within channel in the past 10 days + Breakout signals fired in high vol. + MACD turning positive + Weekly chart painted a NR3 & NR7 combo with higher vol. - Upper shadows scattered whenever price reached resistance - Next Fib resistance is at $39.5 - Overall price has been in downward trend My entry plan: Long above $38;...

ShakeShakeLeg Updated 

- Fell through support back in March - Rebounded to form a weak cup-and-handle - Last week's price range narrowed; forming a edge - Inside NR3 and NR7 combo Plan - Long if break above last week's high - Duration: ~ 5 days