Bullish daily candlesticks , RSI breakout and back tested, but there are strong resistance at 393-396 , if breakout then it will target the upper gap and fib golden at 428 but there are real overhead resistances. Above 396 , minor targets at 408 and 416 .The latest news of tariffs exemptions may push it higher but needs carful risk management. NASDAQ:MSFT ...
High volume with green candles, RSI breakout, still facing strong resistance at 94-95 , if breakout then targets are 102 and 112 before coming earning report. stop loss at 76 . Good luck!
Of course it is difficult to short NVDA :) but watching RSI weakness and high volume with red candles suggest short term bearish trend or correction move - the stock in consolidation for almost a year - the idea is to short after earning report on Wednesday - Main supports at 113-104-94 strongest one then the gap at 70
Lowest RSI since COVID , highest daily volume for years! but if copy the wave of COVID drop we can see some similarities. bottom by 2nd week April at 495 then consolidation at 530 then up and fighting zone between 550-560 then up and small top on June/July then All time high in Sep at 630. the idea, take long dated strangles options
One of worst weekly candles and 3 bearish soldiers pattern made it extremely bearish but now entered the demand zone between 155 to 143 expecting accumulation into this range then possible bottom by mid of April then moving higher after earning targeting upper gap but we keep the target more secure by targeting 178 as closing trade. 161-164 is strong resistance ....
RSI weakness is quite notable . Friday volume raise and large red candle suggest more volatility into coming weeks . suggest wide swing +/- 300 points so SPX heading to 5700 or 6300 . My idea is to watch Monday close then enter the strangle options combo .
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!