daytradingzoo

daytradingzoo

We are trying to hold the blue channel. If we see parity, that will be a test of the yellow channel.

daytradingzoo

Multiyear still in a downtrend.

daytradingzoo

Like this setup.

daytradingzoo

Trying to hold 2008 lows.

daytradingzoo

Love how the monthly is trying to hold the $44 level. Stochastics rounding up a bit. March put in a nice bullish hammer. I would go long over the March highs of 48.87

daytradingzoo

Monthly buy signal was last February, so we're kinda chasing here. You could drill down into the weekly and daily to look for a buy the dip opportunity, but I like the longer term outlook of JCP.

daytradingzoo

Support trendline on the weekly since the IPO has been broken. Stochastics D looks like more downside. I'm a big Elon Musk fan, so I'll be looking to *INVEST* when the weekly sets up, which will probably be a lot lower.

daytradingzoo

I don't think the selling is over. At best a multi-month period of consolidation, but biased towards more downside.

daytradingzoo

At best we will enter a multi-month period of consolidation.

daytradingzoo

When AAPL made its big run from low teens to 200 dollars it made a lower high on the monthly and found a bottom at around 85. I think TSLA is going to do the same.

daytradingzoo

A monthly lower high is forming here with RSI and CCI diverging. 127% extension comes in at around 300.

daytradingzoo

From a weekly perspective we are making a double bottom. CCI(20) has signaled above -100 last Friday indicating a buy. We held channel support and the 76.4% retracement. I like a long with a 6 week time horizon for a retest of the upper part of the channel. Obvious stop below the recent low of 0.8830. That's over 5:1 reward/risk ratio if we see 1.0000 again.

daytradingzoo

Looks like the monthly EURUSD is heading into major resistance. Still three weeks to go.

daytradingzoo

CCI and RSI are setting up on the daily for a short. We overshot into the parallel resistance trendline. I like a short here with a stop over the recent high.

daytradingzoo

Looks amazing to the longside.

daytradingzoo

10 Year Treasury Yields still have some room to go and so does the stockmarket. I called the 1.4% we met last year. I'm thinking 3% as a target now.

daytradingzoo

A correction is in the cards...

daytradingzoo

A top is in the making