Had a little more gas than I thought this morning, now a round tripper and looking lower.
Gap down from resistance after significant rally. today's up swing from the open maybe all it has in the tank.
Blasted right through and pushing higher. May have another day or so of this bounce.
Exhaustion gap and shift in momentum. Upside targets 95-96.
Rising wedge into resistance plus gap fill. Will have to see what today brings us.
Are we heading for a gap fill? Holding intraday support and continuing higher for now.
Yesterdays bounce off an oversold gap down into the 50% retracement from the 2020 lows. Now giving back more than 50% of yesterdays 'breadth thrust', and testing intraday support. Will it hold and push higher for a few day before rolling over and making a new low?
ROKU back to 270 area, yes if QQQ can hold its range. Much lower risk here either way.
ROKU relative strength yesterday following through today.
UPST forming a reversal pattern into some strong support. Previous scenario turned into continuation move down.
Looking for a 2 legged bounce in UPST, potential for stronger price action is there.
PTON reminds of GRRO, probably going to continue lower. Got to have new products and new ways of making money, other wise the party is over.
Potential upside move in TSLA forming. Continues to hold higher after double bottoming in the 542 area.
Do we get a 3 bar pull back to 20sma and price support or does today's wide range bar lows hold?
Possible equal move into support...20k 25k is the range and could hold anywhere inside that. We will see.