TobyJTrades

TobyJTrades

Long QQQ after we retested old resistance as new support which was met by the 50SMA and 0.5 fib creating 3 support levels.

TobyJTrades

Long QQQ after we retested old resistance as new support which was met by the 50SMA and 0.5 fib creating 3 support levels.

TobyJTrades

Here on the $GS chart we see the beginning of a pattern we first saw in august and September last year. Will history repeat itself ?

TobyJTrades

I will be going long on $DIS above $173 as we bounce off this demand level

TobyJTrades

Here we can see $BA forming a descending wedge on the weekly timeframe. A break above its resistance will more likely then not , continue the trend we have been in and we can capture the next leg of the trend. The MACD is about to curl over and the RSI is about to cross the midline. Both of which are nice bullish signs.

TobyJTrades

THIS IS PURELY BASED ON TECHNICAL ANALYSIS AND DOESN’T TAKE INTO ACCOUNT ANY FUNDAMENTAL OR ECONOMIC FACTORS. NOR IS THIS FINANCIAL ADVICE $PLTR has been in this descending channel since about feb/march (descending channel indicated by blue as support and purple as resistance), and the previous time we touched resistance you can see we were heavily stopped by...