daverb

daverb

America wants Burn Loot Murder with a walking teleprompter as head. Just look at their amazing glorious rally Monday night at Philly! What a show! some called them looters BUT I dunno...

daverb

Hi TESLA tribe! Seeing Tesla holding support at 361.5 Moving averages looking good , developing a bullish trend change. Can be another run up? Battery day may lift TSLA up BUT overall market QQQ, SPY is still bearish. A bit of a tug of war imho. Careful on this.

daverb Updated 

Money printer go brrrrrrrrrr!

daverb

No bias on bearish yet, price action tells us this is still bullish . Refer to levels volume , Indicators, and moving averages. What does it tell you?

daverb Updated 

Bought at 35.5 (Feb 3 , 2020) Stop slightly below 50MA (1 day atr) Targets: 218.9 (1:1), 223.9 (2:1), or run back to highs Note: Play bounce of 50MA, I had my alert at 50MA so I entered. A bit late of an entry since I woke up late lol. Intraday is above VWAP. Looks like market is recovering from the corona virus scare, and with Spy bouncing off that 50MA.

daverb Updated 

Bought at 35.5 (Jan 30, 2020) Stop slightly below support Targets: 38 (1:1), 40 (2:1), or run back to highs Note: Play bounce of 50MA, I had my alert at 50MA so I entered. Expecting the break of short selling over reaction due to this corona virus. Indicators say still on a downtrend of course. But just trusting this 50MA support and levels for the bounce....

daverb Updated 

I used Chandelier Exit indicator as an additional confirmation/conviction to my entry. 15.7 looks like a respected level so I had and entry there. Chop is bullish RSI is steadily rising Probable to run to 17.7 highs and may break it. Since I had an earlier entry, entering now is still ok, just adjust r/r to proper support levels as shown. Targets 17, 17.4,...

daverb Updated 

Hey Funko strong bounce from the 200MA Overall trend is still upwards, with the daily hammer, my thesis is it will climb back up inside the channel. We can wait for pullback with the low of the hammer, below 200MA for the stop. Or just manage your R/R.

daverb Updated 

Another analysis, if history repeats itself. 50MA becomes resistance Price starts to hunt for the 200MA, Once MA crosses that 50. Then if breaks 200, It may come down to 60. It's scary to take it long from here. Don't try to catch a falling knife. Confirm first for a good entry on the D/W/ indicators, for any reversal signals. Possible Next levels. 98 -> 88...

daverb Updated 

Nio Earnings ! If this gaps up, on break of 50, take on long position with target on 200MA R/R is 2.5:1. not too shabby. let's see...

daverb Updated 

Play: Short Early sign of Divergence, wait for trend reversal Confirm, first Bear Candle (D/W), Entry on signal Stop: Above ATH Target: 150-130