Good setup here. Needs to break $80.65 with a 1 hr Green candle. Will see $85 if it breaks $80.65
#BA head and shoulders pattern. Look for a move towards the high 120's next week. If it breaks through the initial support, could see a drop to the 90's; Not necessarily a double bottom.
This stock has seen many similar setups in the past. With the growing popularity of PTON, I would expect a break through the top part of the wedge and moves towards the mid 30s.
Expect a pullback to $104 before it retests $107.39 resistance. Next stop is $111 if it breaks through #PG
Rejection at Second resistance Line. Will likely retest $17.75 in near future
Fibonacci Retracement. Will likely retest first resistance in near future
#BA looking at this step-pattern, I see a very low, risk high reward. If it tests the $187.10 resistance tomorrow, expect to see numerous attempts until this breaks through. Next resistance is at $216 (15.45% increase). Looking at the history of the stock when it has a RSI above 70, it tends to drop before it rallies so IMO buying an hour after the open would be...
Short term analysis of ZM. Upward channel suggests $20 of room to grow in next few days
#WYNN initial rejection today seen on graph. I have put in two resistance lines and one support. If WYNN gets rejected again in the near future at $79.95, it will fall back to the mid/high 60s. If WYNN breaks through $79.95, we'll see the high 80s as its next stop
As of right now, I am keeping an eye on CHEF (Chefs Warehouse). Yes, it did break through the 23.6% fibonacci resistance line, however, we need to see a whole green candle above the resistance in order to jump in (using 1 hr candles). If CHEF breaks through the $11.84 resistance, expect to see $17 in the upcoming days. This is a very good opportunity for a long...
AVGO, solid company, great future outlook. Look for a break through resistance at $243.94 before you jump in on this stock. It has been rejected twice so far in the last month at $243.94. Tons of room to grow when it breaks through, next stop is at $263.17 (7.88% increase) White Lines indicate resistance levels
There appears to be key support at $18 not only now but throughout the history of the stock. Expect big moves for the rest of the week depending on whether or not this willbreak through the $18 support
Brief Analysis on PLNT. Assuming it had already reached a SIGNIFICANT LOW, the 23.6% resistance line at $38.92 looks to be the next stop. If it breaks through that first resistance, it is headed to the high forties, however, if it fails to break the resistance assume a fallback to the high/mid 20's.
Short term looks BEARISH according to Fibonacci Retracement evaluation. It got rejected by the first resistance level 12.04 followed by a red candle and is headed down towards 52wk low. Long term this is extremely Bullish considering its revenue is growing at an increasing rate year over year. I expect this to be back to the mid 30s following this dip