XPO has officially broken the channel down and started a new trend upwards. I'm a buyer near the red support line for the new channel but I suspect price is moving to fill the gap near $64 before a real pullback.
As is typical with this symmetrical triangle setup, the stock has broken out to the upside. Tesla is trading in a very defined channel and bulls/bears have been struggling for the last few months along the lower side of the channel's trendline. Today though, the bulls won. Price has been below the red resistance line, which started in late June and has been...
I can't find much news on this stock but there seems to be a pretty easily identifiable channel that's formed and current price action appears to be bouncing off of the lower trend line with mucho volumeo. If it does bounce and continue the channel it could see $26. The fact that this last move up retraced all the way back to the last high has me skeptical, but it...
SQ appears to be in an uptrend here that started in early February. The PPS has been bouncing pretty consistently within this range and it appears to be bouncing off of the lower trendline now. There was a recent cross on the MacD near 0 which to me is a very bullish signal. I also see the RSI downtrend line appears to have just been broken. There was about 2x the...
Looks like a cup and handle breakout forming on CERN. If it breaks into new highs, then I'm going to buy every single share.
I see a pretty clear bull flag setup in play on Facebook stock. I'd wait for a volume spike or break above the upper flag line to buy in. A stop loss around $165 seems reasonable. 12% implied gain.
XPO is trading in a pretty clearly defined channel. If support holds and there is a reversal confirmation this week then I'm long to $70's
Semi's look like they are playing out a nice dip before the next run up. Trading in a nice channel and I've been doing a lot of reading on semi's that has my interest peaked for this holiday season. I'll probably enter this tomorrow with a stop loss in the $62 range. If I do get stopped out, but price re-enters the upward channel shortly thereafter, then I'll reenter.
On this 2 hour chart of NTNX green lines represent trend lines and blue line represents support/resistance. We see a large spike in volume, MacD crossover, now once we get confirmation of price reversal off the trend line and an RSI spike, we buy.
Read an article on Netflix today and pulled up the chart to see what I was workin with; MAN AM I GLAD I DID! I'll probably grab a larger sized position here tomorrow morning and set my stop loss @ $165. There was pretty obvious resistance established pre-earnings @165. There was a huge earnings beat followed by a price pop and pullback. The pullback was long and...
If TTMI is able to consolidate and find a bottom down here at this lower trendline I would expect the price per share to move up and 'fill the gap' to $17, at least. This probably won't happen all in one push, but if price is able to push above the middle Bollinger Band on the daily chart and stay there, confirmed with a MacD cross then I would definitely expect a...
AAOI dropped on a huge overreaction to guidance last week. Price fell down to long term support and in my opinion is a screaming buy down here at $65. If my TA is close to accurate, $75 is in the near term future again. Any sort of drop from these levels would be a very bearish signal for me as price is right on the lower trend line, so watch out!
BLMN looks like its about to bounce off of long term support at $17 that's reinforced by both long term and shorter term trends. It looks as if the recent catalyst for this selloff was earnings but I doubt it breaks below the $17 level. My bet says it bounces around in this area a bit before running up again to the last big resistance level around $19 by the end...
Most of my ideas are in the chart, but it looks like with a solid earnings beat and a bull flag breakout on the chart, this ticket might be a solid winner for the next month or so. The leg up into the bull flag was a 25% gain, so if this bull flag plays out all the way from the $61.30 breakout then we could see $76 which oddly enough is the same price target as...
Annotations are on the chart. I'm very bullish above $170 and have my stop loss set at $161
I've got all the support and resistance lines drawn in blue. My green line around $15.50 is my best guess for conservative next resistance. I'd set a stop loss around 13.50 which is right below this current breakout level. Lets see what happens, shall we?
Chart seems pretty self explanatory. AMZN seems to be trading in a channel between $980 and $1100 and its on the lower end of that channel now. We just had a MacD cross. As soon as PPS crosses the middle bollenger band, around $990, I'll be in long.
It looks like Tesla could see $440 if this trend holds up. For the last couple of weeks Tesla has been struggling to hold the bottom channel line. But today low and behold, a huge volume spike and price jump and we're back in the channel and on positive company guidance. Long here with a stop loss @$335.