don_shula

don_shula

reasons behind my call out: bullish divergence good earnings report positive catalyst about samples & churros returning trend line bounce

don_shula

$FDX looks to continue its bullish up trend. Its currently retraced to an important fib level in the golden pocket range. $FDX is $7.81 or 2.52% away from ATHs. If you drop down to a lower time frame you will see that price is creating a bullish flag pattern inside that golden pocket. I don't like the positioning or postures on the stochastics but on the larger...

don_shula

$V looks like its gonna continue the uptrend, what I like here is that price came back down & retested that 220 - 222 range & caught a bounce on support. Although the Stochastic & RSI aren't as erect as they can be, they're both assuming a bullish posture. Price is currently testing the 9 EMA & 21 EMA at that resistance level. Further, imo its $5.11 or 2.25% til...

don_shula

On the daily time frame we have a bullish cup n handle. Price is sitting on the 9 EMA, so it isn't over extended, if you look at the RSI you'd see we have a bullish divergence forming, the stochastic moving averages aren't crossed or as erect as id like to see yet, but look to be in position to cross. Price closed a top of the cups handle on the daily down trend,...

don_shula

The price action here looks great, the way the candled closed the day within 10% of the candles high reflects little to no bears in this market. $TIGR was in a bearish trend until earnings came out, the stock has made new higher lows since, which usually suggest a trend reversal.To help support my thesis we'll look at the indicators postures; RSI is at 55 and is...

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$SNAP just beat earnings although it was red for the day, I anticipate that this will rise in price as the demand increases for social platforms. Price closed on the 0.5 fib level or $61.30, that fib level is trusted, usually once price bounces off that it continues its upward trend. The price action here shows a red doji, imo that's actually another bullish...

don_shula

On the daily time frame $TSM has a bullish inverse head and shoulders pattern forming, the neck line is right at that 119.16 level. As you can see price closed testing that 21 EMA. Volume will play a big roll here since the 21 & 50 ema are sacked on top of each other, price action shows no bears in that previous closing candle, imo I like to see candles closing...

don_shula

On the daily time frame we see $PLTR making lower highs and higher lows, price has already broke out of that triangle pattern and the indicators suggest it has more room to the upside. This is a newer stock so I don't have much historical iv to go off of, but the IV rank is currently around 0, when IV rank is low I tend to buy options that expire a month or two...

don_shula

Here we have $BLNK in a bullish double bottom pattern, price action must remain above $32.43 imo to remain bullish. All indicators on all time frame suggest momentum is headed towards the upside. Price closed just under the 21 EMA, but not before price pierced through it, if you look closely at the wick you'll see the high of that day was $37.90. $BLNK has 17 days...

don_shula

On the daily time frame we see a bullish inverse head and shoulders pattern. The previous candles are showing some selling pressure in the wicks, but the trend is bullish overall. i have a lot of confidence in the indicators posture, which are suggesting upside potential. Above the current price we can see a gap up ahead, which ill be using as a take profit zone,...

don_shula

First thing I notice is that the volume has been declining in $SPY, a lack of volume to me, means a lack of participation. 2ndly price fell through the 9 day EMA before closing right on top of it. The doji at ATHs, which is resistance, usually indicates a trend reversal, The RSI and Stochastics are in bearish postures, and the Sniper fired a sell arrow on the...

don_shula

On the 15 min chart, IMO, X seems to have found its support right along that 21.18 level. The TTM indicator is Squeezing suggesting that volatility is preparing to make an aggressive move to either the upside of downside. The previous high was just recently tested, although price was rejected, price still maintains a bullish trend. The stochastic still has room...

don_shula

$DIS has made new lower highs and has been maintaining support at 185.21, the pattern it has made is a pennant. The RSI posture is rulered upward suggestion BULL. The stochastics moving averages are crossing and becoming more erect, which suggest continuation to the upside. The sniper indicators last given signal was a bull one, overall I feel we still need volume...

don_shula

the IV rank is about 22%, the candle closed with little to no buying pressure, that suggest there are not as many bulls in this stock. The indicators point to a bearish downside in the next coming days. Price has been ranging and continually getting rejected at that sell zone and bought up at the buy zone. The volume has been decreasing if you pay attention to the...

don_shula

The IV rank on $URBN is 19% & the candle closed as a bullish doji just below the 21 and 9 EMA. If you look at the RSI you'll see a small divergence that has not been identified by the indicator. The postures of the RSI are neutral bullish, Although the candles wick has a lot of selling pressure, the volume reached 4 million & closed green, from previous comparison...

don_shula

The postures of the RSI looks likes its in a neutral bull position on the daily, 4hr, and 1hr. The stochastics don't looking to bullish now, but what I like is that price action seems to have found support along the trend line with bullish like dojis. The volume has been increasing in the past 3 days, 2 out of 3 days the volumed bars closed in the green. the 9 and...

don_shula

Hidden bear divergence on the 4hr, may take some time to play out

don_shula

bullish falling wedge here, I like the postures of the indicators and the price action not too mention the way the price action compliments the trend lines. short term long position, I wouldn't hold this past today