


chiefwils0n
UltimateGreetings All, ROKU broke to the upside from two separate trend resistances and a small period of consolidation. The breakout has strong volume with price above the 20, 50, and 100 MA. I also like the bullish divergences on the OBV, VWMACD, and MFI. Targeting the $440 gap fill, but closely watching the bearish divergence on the MACD. I wonder if we'll experience...
Greetings All, Several bullish divergence indicators on UPST. UPST is consolidating in a demand zone (support), before continuing the trend to the upside. This support zone is also a 61% retracement from its previous high of 201.48. Use the dotted lines for upside targets. The RSI and MACD are both bullish. Happy Trading!
Greetings Investors, I'm BULLISH on NVDA based on the following: Bullish Factors: 1. Breakout from bullish pennant formation, after previous cup & handle breakout. 2. Bullish MACD movement. Please take a look at my previous analysis on NVDA for the bigger picture. The recent partnership with NIO, the crypto craze sweeping all the GPUs off the shelf, give me...
Greetings All, The chart above tells the story. My target is marked (blue). I trade soley based on technicals, and SQ has bullish divergence on the 2H charts. Strategy: BTO 220/230 Long Call Vertical Happy Trading
Greetings, Just plotting the retracement levels based on the weekly candle. BTCUSD may consolidate sideways along the 200MA for support at $41K, which is also the 38% retracement. However, BTCUSD is (3) deviations outside of the norm, so a reversion to the mean would place BTCUSD in the lower $30K area, which is a healthy 61% retracement. Happy Trading!
Greetings All, I'm targeting $258 after a healthy retrace of MSFT , based on an eventual retest of resistance (RED line). MSFT could move down further into the bottom of the green channel, but when price is between the 20/50MA or slightly below the 50MA, I use this an opportunity to enter the market if I'm bullish on a stock. I'm bullish on MSFT, based on the...
Greetings All, I'm targeting $245 on a healthy retrace of MSFT, simply based on the principle of mean reversion. In other words, MSFT will revisit the 20/50 MA or the middle of the linear channel. Also, I notice hidden bearish divergence on the MACD and Momentum indicators. Happy Trading!
Greetings All, AAPL is bullish, but has a few gaps to close around R1 ($127) and the Pivot ($122). Resistance is evident at R3 around $134. The pattern appears to be a bullish cup and handle, but the handle is still forming. I anticipate a retrace to R1 or the Pivot, before AAPL breaks to the upside targeting $140 and then $150. Happy Trading!
Greetings All, I"m very short-term bullish on SQ with at $250 Target, based upon Support / Resistance and the 2H RSI being oversold. I opened a 240/242.5 Call Debit Spread this afternoon. Be careful with earnings, since IV tends to drop on after the release. SQ may drop further to $217, and then $203. I'm LONG at both price points. Happy Trading!
Greetings, TWTR formed an Inverse H&S pattern, which I interpret as bullish. TWTR is between 20/50 MA, which is a very good time to enter any trade, whether you're LONG or SHORT. TWTR is also in the lower half of the 200D regression channel, which presents an opportunity to go LONG. I'm targeting $75 initially. Happy Trading
Greetings All, ROKU formed an Inverse H&S pattern, which I interpret as bullish. Great price entry at $360, which is between 20/50 MA. Target the $440 gap. Happy Trading!
Greetings All, SQ is a $$$ making machine - that is if you sell options! Now that SQ has closed the $270 gap, it may close two smaller gaps created in its recent ascent. I'm targeting a retracement to the 20MA (blue) or 50MA (orange), which is between $235/$240. If we can get to a 78% retracement to close the gap at $218, it would present a great entry. SQ is...
Greetings All, You see it. I see it too. NFLX has a huge gap at $550 that will be filled at some point in the future. That's my target. I'm basing this analysis solely off the need for NFLX to fill that gap. Oh, and the hidden bullish divergence on multiple indicators (as shown below) helps too ;) Hidden Bullish Divergence: Happy Trading!
Greetings All, COST, along with Home Depot (HD) have been on a tear lately. However, targeting the reversion to mean principle, I expect COST to retrace to the 50MA around $355. There is also bearish RSI divergence on the daily chart. Happy Trading !
Greetings All, NIO broke the descending triangle (intrinsically bearish), to the upside, which I interpret as a bullish breakout. The chart also shows that NIO encountered a market bottom on 8 March around $32. NIO has also respected the long-term trend support with support around $34. NIO also closed above the 20MA and will test the 50MA as resistance. As you...
Greetings All, PTON has been extremely volatile and largely unpredictable. Nonetheless, I'm targeting a gap fill at $120, given the fact that PTON is outside the keltner channel and near the bottom of the bollinger bands. This presents an opportunity to enter the market. There is also hidden bullish divergence on (4) different indicators as shown below: Bullish...
Greetings All, TLRY indicates bullish divergence. Target the 50 MA at $20, which is also a gap. Assets usually fill gaps. If price moves with strong volume, target $24 and $30. Support is the 200 MA around $16.75. Great entry zone. Happy Trading!
Greetings, SQ has been in correction, and at some point will fill the $215 gap. Resistance (red channel) is evident at $250, with four rejections around this price point making SQ bearish in the interim. SQ may even try to test support around $200 (green channel). However, if SQ breaks through the resistance channel, target $285 and $300. Targets are...