(Video breakdown) $FUBO has earnings on 5/11 and as its dropped to these low levels I am expecting shorts to start covering and we could see a potential bounce up to resistance in the 28.00-27.50 range.
We Ended Friday under resistance (purple line) and relatively low volume. Going into earnings which good earnings could be crucial for holding up a bull market. Based on the structure of this daily pattern, if earnings does not go well, we could see a trip to support (not immediately) Support (RED TREND LINE) for $TSLA would be in the $645-$660 Range if we do see...
I will be doing a update on $AAPL this weekend as well, digging in depth on what we might see next week with earnings.
Video Breakdown update on $NIO We held up well yesterday, and seeing decent movement in premarket.
$FSR Goldman can sack it, they released a sell rating this morning to 10 citing overcrowding and unrealistic Q4 Targets. This is flat out wrong. Hoping to a see this gap filled in spite of them as there are more buy ratings than sell. Most in the $30s and $40s.
We might be priced into earnings, but we have held the handle support at 132 well. Watching this one for a bounce today or short under 132 with options.
Video update on the last video i posted on NIO We went for that third bounce of support and finally breaking downtrend yesterday. Currently a flag in premarket we will be watching this one today for continuation. Previous breakdown below
Video update on $FSR after news with FOXCONN
Video breakdown on $PLTR After $ARKK purchased 1.4M shares of $PLTR/
Video update on $TSLA (last video linked below. Still in trend and I have a plan for both the upside and the downside.
Video breakdown on $AAPL after their event today. Still maintaining the handle on the daily timeframe as well as the 9 day moving average. We need to see 133.50 reclaimed to stay in trend tomorrow.
Video breakdown on Earnings, and technical analysis for $NFLX after earnings.
Seeing a potential Head and shoulders forming on $AAPL on the 1hr time frame. if it reclaim support then we could see and ascending triangle. Related updates linked
Video update on $NIO back at support and looking for a bounce as discussed in our previous breakdown
UPDATE video on $TSLA . In the last video we discussed the resistance and gap fill at $780. A bullish outlook could have this as a cup and handle, but we remain in the triangle.
Trade idea on $MCD. Ended today with huge pop putting over its daily resistance. Could see this price itself it before earnings.
Quick Video analysis on $BA Daily triangle resistance broken. Yesterday was a retest of that resistance so we should see a move up today market willing.
Qucik video update on $AAPL Broken downtrend here on the 15 min time frame. Could see a decent rebound today.