The stock in conseldation for almost 3 months . 173 is a key point, it can confirm bearish pattern with double tops or conuination for Bullish trend targeting 195-210-220 before next earning. Watching RSI signal if its keep the uptrend. below 173 , we can see 163 as support and can be sto loss for longs before it goes to 50% fib.i will take the idea of adding...
Bearish daily candle on Friday 25th Oct but watching RSI signals its showing some support to the up-trend line from Aug low . This setup suggested continuation upward trend up to next week and election week then signal can be more clear!. Above 5855 is bulish entry and below 8750 is bearish one. 6000 target still valid but i will recommend 5920 to take profit...
This is one of the best setup to enter strangle or straddle options combo . small bullish candle with higher volume - RSI little broke the uptrend - at the trend point - Perfect setup - this move should lead to either 524 then 530 or 508 as falling target. Currently closed at 518.84 so at least we have 10-12 points to move- Friday 5th April - CALL SPY 519 AT 2.8 -...
Good risk/reward idea. Subject to RSI signal if break out then confirm bull wave targeting previous gap then fibo at 1.62% - stoploss will be at 61 which around 8% down from last closing Profit taken at 75$ will gives rewards by 16% approx . it can go higher but lets take it one by one as stock still on down trend since long time and can go lower to around 48-50...
Weakness of RSI signal and lower volume means, big move is coming! . in this scenario its most likely bearish idea targeting 4515 by end of March where big options volumes are hanging around. From otherside, possible to relay on recent double tops pattern and bounce back from the bottom targeting all time high between 5150 and 5300 .. maybe too.. the idea here is...
Yes overbought indicators at current level. needs healthy pullback so retails can get in or continue overbought with limited passengers in the boat then dump. all scenarios are possible. golden fibonatchi at 490 from march bottom. the idea is bull long with stop loss at 452-448. closed at 460 so +/- 30 $ within 2 months ..
The RSI signal suggested breakout from bearish trend targeting previous earning gap at 276 . the trigger will be closing above 246 and stop loss at 219. good luck
Bullish candles pattern . needs confirmation today or Monday . earning was better than expected for latest 3 Q so i guess more odds for bullish move . 62.3 one of major pivot points as showing that volume. Confirmation for bulls above 65-66 strangle or straddle here should be nice! Stoploss below 60s for bull 57 is second stop then falling but its earning ideas so...
Bullish candlesticks pattern with nice RSI and MFI suggest bull wave to target upper gap at 412 with stoploss at 363 strongest resistance at 389 and 396
Tracing $RBLX since 21.6 bottom - more than double in 3 months - Rumer's for beat earning but extended without re-test or uptrend confirmation - the idea to short after earning jump as RSI/MFI are overbought - if 52-53 showing strong resistance then possible short entry if passed 53 with higher volume then expect to fill up the gap between 59 to 66 so next move...
Bullish close for 2nd day above down trendline but facing big cloud resistance - if it can take previous top above 47 then targets 49.5-54.2-61.2 for short term lets say 2 weeks with important stoplosss below 38.5 .. if broke down SL then possible to see 50% discount at 23 .. not likely but possible .. long term goal at 78 and 92 which is double current price...
Bullish indicators - Cloud resistance will be difficult but if broken out then will target down trend line near 162% fib - note its small cap with low volume!
It may takes sometime! but compared by others ZM had different bullish RSI for a while and MFI at low levels too. bearish daily close on Friday and can go down even to 94.5-86.4-81.6-73.8 or lower which shall be good spots for long term target but again its earning move so if earning better than expected this could lead for strong bounce even for short squeez...
Bullish breakout with volume shall be a good buy signal however market still bearish and caution is required. so as of now its long call play but with high protection using long put or short to cover . the gate is to close above 110 then target will be 136 then if market is good enough , may we see new bull wave with target near by by 225. also possible scenario...
Breaking out falling wedge pattern but facing big overhead cloud ends up at 280 - closing above 280 should open the gate for new bull run - rejection from 280 or lower could lead to bearish pattern targeting double bottoms between 240-230-220 . both scenarios are valid. RSI at down trendline since Nov last year - same if breakout on Monday then bullish signal for...
Up huge last week from 23.8 to 36.4 almost more than 50% - the volume was huge on Friday which makes confusing. is it new money gets IN or someone was liquidating . so its better if straddle or starngle - odds more in favor of long bullish run - logical scenario to drop down to confirm 30s support then jump and breakout clouds to 40s level and targeting 60-66 at...
Overbought indicators level - Candlesticks forming small top - Negative divergence with RSI - BUT --> 3 scenarios are expected: A- falling breakdown 142-140 to retest 136 (previous top) B- Consolidate between 150-140 as 140 is the base then ATH 155 then correction! to channel bottom between 128-132 C- Bounce strongly from 138-140 targeting ATH below 160 then...
So many indicators at sell signals - bearish daily candles - bearish RSI and guess what everything looks bearish before earning report which is expected to beat expectation (est. 1.3 eps) . The idea: This is good spot for short entry targeting 195-188-175-165-155 with stops at recent gaps at 258-231 . The expected scenario is to go down to new low for 2022 then...