AMD wicked right off of the 100% fib extension after 3 consecutive days of insane bullish momentum... This is also the exact height and price range from the May 13 (bottom of cup) low to July 7 (upper lip of cup) high. Textbook target price of a cup and handle breakout has been reached.. This extension level is most likely the end of this breakout move in the...
QCOM gapped up from recent earnings and then had an inside day setting up for a big move either up or down. There is an enormous gap above from 152-162 as well as a smaller gap below from 146.50-143.
Considering the volume on the earnings breakout from the ascending triangle, QCOM is leaning more bullish but can be played either direction.
Calls above 152
Puts...
Inside day today. Could possibly close gap to 73 before breaking out of larger triangle to test 87. Inverse h&s looks like it wants more completion of right shoulder. Either way very bullish setup
large wedge structure
bounce off demand zone dating back to February and 100% fib extension level from ath
double bottom with MACD class B bullish divergence
bullish over 15.80
great r/r here
FUBO looks primed and ready to hit 45 by September. Cup and handle with the handle bouncing perfectly off the 50% retracement of the cup. Falling wedge handle. Price broke out of the handle and retested. 1st PT is 35 and then once the supply zone (34 - 37.73) is cleared we push towards 45.
