StonksSociety

StonksSociety

The $SNAP chart looks ready for an explosion! Breaking out of the wedge to complete a final leg up. Entered a long position at $75 today. As long as $70 holds, I expect an impulsive move to $100 by EOY. Please trade responsibly and good luck!

StonksSociety

Watching $140-144 for a solid bounce to complete the wave 4 pullback. Great swing play contender if the conditions are met. Please do note we lost minor support trend line last week, just to keep on watch. Must wait for bounce confirmation before entering because of the weakness shown last week. Goodluck!

StonksSociety

On track from last week's post. Anticipating we see a buy entry opportunity in mid-October. Waiting for this wave 4 pullback to finish and show signs of a complete reversal. Still keeping this on my watchlist and will continue to track! Goodluck!

StonksSociety

Still some correcting to do before I want to buy in. Looking for a local top wave b to conclude and put in a wave c which should be buyable. Ideal buy will be around the $560 region. Will be on the sidelines until we test that region but worth keeping on watch. Goodluck!

StonksSociety

Watching the $209-214 for a dip buy that concludes wave 4. Looking for new all time highs to be made on the wave 5 move up. Waiting on the sidelines for that dip for now. Goodluck!

StonksSociety

Watching PayPal to hold the $273 level for a wave 2 dip buy to open a swing position. Expecting new all time highs to be made on this sub wave 3! Goodluck!

StonksSociety

My top watch this week. Way too much confluence at these levels for me to ignore the setup. Looking like we are bottoming out to complete the large wave 4 at the 50% retracement. Also, a very tight falling wedge looking like it's on the verge of breakout. Please refer to the chart for more info. Goodluck!

StonksSociety

Entered $F today. See chart for more details regarding specifics of the setup and trade! Goodluck!

StonksSociety

See chart for details. Breakdown of what I'm seeing there. Good luck and trade safe!

StonksSociety

Today, I entered PLTR calls on the break of key $27.5 level. As long as we can hold over that level, we are in breakout mode! This has been an insanely frustrating stock and needed patience. Please note the bullish inverse head and shoulder pattern shown as well. Targets to the upside are: $29.45, $30.5, $31.27 and $33.5 Good luck and hope this helps!

StonksSociety

Watching to see if ROKU can close above the key $319 pivot low. This will give me conviction on a potential major reversal and low put in today to end wave 2.

StonksSociety

Needs to bounce in the $318-325 range or else ROKU could be in trouble. Extremely critical area for the stock with multiple support confluences (bullish trend line support + Fibonacci box retracement). Also important to note that the 200 Daily SMA is about to intersect with and test the 100 Daily SMA. (this isn't shown in my chart) If we see the 100 cross below...

StonksSociety

Playing out perfectly and as anticipated with this wave 2 pullback. We banked on calls on the wave 1 move and have secured profits since. Watching the $273-278 for strength and buyers to step in, setting up for a great dip buy and swing contender.

StonksSociety

I suspect we may try testing the 78.6% retracement based off of last Friday's weak price action. Very solid swing setup as long as the fibonacci box holds, otherwise further correcting will be needed. Patience and waiting for confirmation for me on this one before entering. Can see a nice impulsive move to $61 (bottom of unfilled Daily gap) if buyers step in.

StonksSociety

Watching the $2770 region as a prime spot for a relief bounce to buy the dip. Long term bullish channel that has controlled Google's price action since late 2020. Closed under the channel median on Friday, hinting at further weakness to come. News about potential violation of labor laws on Friday caused them to sell hard. Neutral-biased until we can reach strong support.

StonksSociety

Last time I posted about DKNG, I said we would come up to hit the 161.8% extension and we hit that nearly perfectly last week. Looking for wave 4 pullback/consolidation to take place before pushing for a fifth wave higher. Pennant and path shown is just a guess-timate, please take it with a grain of salt. Let's see if this plays out!

StonksSociety

Like AAPL, looking for a pullback before entering a long position again. As long as we hold under $3554, I will have a short-term bearish biased. Overall market weakness agrees with this as well. Buyable region that I'm looking for is the $3250-3350 for $3700+ target.

StonksSociety

Watching for a pullback and hold of the fibonacci retracement zone I have drawn out before going long again. If golden pocket (61.8-65%) doesn't hold here, looking for the 78.6% to hold at $147. That level also coincides near major uptrend support.