- ENPH Brok out of the descending wedge, and is now holding the 108 - 116 gap area. Will look to go LONG on next dips to gap area or 8/21 EMA
If this level holds, might head to ATH. Keep a tight stop
LTHM with large potential upside is gap is held. Void if closes below gap lower end
TSLA approaching key horizontal level at the 840 - 845 area with the 200EMA acting as support as well at this level. Price could also bounce up from the 21 EMA to test the 930 level again, possibly starting an ascending triangle pattern.
Like many stocks today, PYPL looking to test next support at the 93.5 area. Good for short term entry on EMA21 level and target profit around 100-102 IF this level holds. will look for support and RSI crossover from below 20 to the upside. If fails, could fill down the gap/window to the 90 - 89 area.
I was really hoping META could hold the 172 - 173 support which was also a merge of different EMAs but it gapped down much like other stocks today with high volume. the 155 - 158 level has been a great level for me with a target of 170 and it comes from a long term support (from 2019) you can draw on the weekly/monthly chart. Let's check this out in a few days...
Jumped the big supply area around from 83 to 77 and closing lower on higher volume. Might do quick reversal but at this point i think 63 area is possible. will look for longs on the way down (63 and hopefully the 50 area). watch out for bitcoin's price.. Please share your comments. NFA
If AMD can hold this level, it could go retest the 100 level. Now at horizontal support and EMA21 level. RSI in Oversold area. ATR is quite large so the R:R is not so good at the moment. Might also retrace to the 50EMA below. If the price hovers around the current area will consider longer term swings off the current prices, although I'll be looking to trade the...
APPS broke down the ascending wedge and although the volume was higher than yesterday it was not enough to reach the Volume 20MA. Might go down to test 22-21.4 area which is the next support where it also has support from the 50EMA. Please comment your thoughts. NFA
Entering buy area around 138.. Entry can be lowered since we are now sitting on major support, providing a better R:R ratio.This horizontal levels must hold the following days.. One could even think of selling a part at 144.5 and holding the rest to 150 area. Althought the market is looking quite weak, breakdown volumes havent been so high. please comment your thoughts.NFA
Sitting at support with price unable to close below the window top at 82.25. If the window holds might do a retest of 100 - then 105 and 113. if the window fails, look for support at 21/50 EMA 1D or worst case scenario down to 62-50 area..
Looking good sitting on horizontal support, 50 and 21 EMA. Still overbought but hopefully holds this support as the RSI cools down. NFA.
Narrowing channel between 21EMA and 200EMA creating a pattern on 1D. Horizontal resistance also at play. need to break with strong volume and maintain the EMA200 1D as support for trend reversal confirmation
NVDA nearing border of pattern. Potential break towards the downside. 24.5 acting as strong resistance on daily chart.
Looking for support from EMA 200 1D and previous horizontal support @ 140. Stop Loss 1 ATR on the Daily. Target next horizontal support @ 150, R:R 2.2