-$TWLO had a breakout from broadening tops. With the positive market momentum the stock has been able to pick up some upside but possibly looking to trap bulls -Rising wedge formation in the short term -Bigger picture head and shoulders forming. -Very competitive sector not to mention how its market cap has been increasing but earnings have been disappointing in...
Looking at $INTC recently they were hit with the news of losing a patent and being fined 2.5bn. The news itself are bad to begin with but looking more in depth I see: -Diamond top pattern forming on the daily, it looks just as good on the weekly. -Buying volume has been decreasing while selling volume is increasing even while it was moving up -MACD is in negative...
-$FROG has been consolidating between $65 and $70 range forming an inverse head and shoulder in the 4HR so before looking to long this stock I'd like to see it over $70 and I know I could be missing on good upside from now but I need the confirmation that there has been an increase in demand to start helping push this stock higher. -Short term upside I'm first...
-QCOM has dropped near levels that haven't been seen since December and prior to that where the big earnings gap was created. -As the reversal for a gap fill wanted to happen fast we notice that we are trading near levels prior used as support where we have $146 and $148 as we look to gap fill I will be looking at my first target of $152 to start entering the gap...
-As the S&P looks to push to new ATH where the mental number is $400 we have to keep an eye out as to what can be coming up next -We have been trading in this channel where resistance has held strongly along with its proper support riding in this channel but what I'm looking for is in the event that the mental number $400 is finally reached we will have a...
-$FSLY has held over the $100 level strongly. In my previous post I was looking for the gap fill and a potential inverse head and shoulder but even better we managed to get a cup and handle formation -Cup and handle typically performs best on higher time frames as the movement takes a while to form but the outcome is very rewarding. -As we are consolidating near a...
-$FSLY has regained the $100 level but I don't trust it for now as it's forming my favorite combination of ascending triangle and inverse head and shoulder. Not to mention the gap fill we are all waiting for. -Bigger picture it's breaking out of symmetrical triangle which most likely will lead to a false breakout to retest near $96 level one more time before...
-$OSTK has finally ended downtrend as it strongly regained that $60 level. After coming off from a falling wedge and its proper retest of the wedge it gives me confirmation that it's time for this monster to wake up. -E-commerce has increased significantly during pandemic and as they have embedded crypto payments. I believe there's a big upside coming up as BTC...