mbalboni10

07:03

mbalboni10 Jan 14, 2023

As always, this is just my personal opinion on the stock, It is not a recommendation to buy or sell. I am solely laying out what I see and how I plan to trade it. Good luck!

mbalboni10 Jan 30, 2022

figs looks to be basing here but still too early for long. Earliest entry is break of trendline but more confident entries are a base over ~$22 to breaking above where B is on the XABCD. the target for this would be the 25.25 but speed bump/ other potential reversal areas are at the other lines. Again, i do not think this is read yet but has a nice set up and...

mbalboni10 Jan 29, 2022

BTC formed a nice base and seems to be trying to break out right now. I am looking for a push to at least the ~ 41250 area on btc. because of the price of BTC i usually use a +-$500 buffer for targets. This pattern can have higher potential price targets which can be seen by the lines, but in this market I am not going to be greedy. i would like BTC to stay on...

mbalboni10 Jan 18, 2022

A lot of order flow has come in the past few days. While we are trading below it i do believe they are accumulating for a long. A break of the bearish belt buckle would be a good early entry and a base over all prints and the 23 at 85.34 would be a safer entry imo. i think this has room to 91.5-95.5 once it breaks the downtrend. NOT FINANCIAL ADVICE

mbalboni10 Jan 18, 2022

SLCA has been seeing some consistent order flow albeit it is small. That being said< I like the sector that it is in and i like the pattern. I feel like we are about 10% late to getting in as the 786 at 12.67 should act as decent resistance. but clear that, we have room all the way into the 18s. Have to stay bullish while its above prints and the 618 so early...

mbalboni10 Jan 18, 2022

the oil service and equipment industry has been on fire and there are still some stocks in the sector that have not run as hard as their peers. I think FTI is one of them. Pretty large order flow the past week aswell. I would like this to get over 7.05 and base will prob see a little rejection around 7.20 area may expect little consolidation between the 7.05 and...

mbalboni10 Jan 17, 2022

I am long TGT in the intermediate term. i would like to see more strength and signs of reversal before entering. This is because the stock has room to fall still with the potential pts shown on the chart. I would like to see this break the down trend and base above the 23 to take this. As of now the stock has room to the 886 all the way to the 1618. Theres also...

mbalboni10 Jan 17, 2022

I like the way that apple is setting up right now. there has been a lot of order activity in the ticker as well. I also like the bullish divergence that is playing out as well (shown by the arrows). I want to see it break the down trend and the 38 and push to the 786 with the ability to see new all time highs. this would require favorable market conditions which...

mbalboni10 Jan 17, 2022

I really like the activity lately in AMD. we have strong support with the 618 and hundreds of millions in prints below. I like the pattern which has potential to bring AMD up to all time highs. there are multiple prints above but i believe once we base over them that will be a good launching pad at least to test the downtrend one more time and depending on...

mbalboni10 Jan 15, 2022

RBLX seems to try and be basing here with large order flow. i would like out of this name with a decent amount of room to the upside. Ideally want to see this stay above the order flow around 79 dollar area and then begin to push up and base over the 80-82 levels to show signs of reversal. for definitive reversal a break of the downtrend with strength will be...

mbalboni10 Jan 12, 2022

lets try this again. NFLX basing at the 88 retrace forming a beautiful pattern to go long into earning. MAJOR activity before earning as well. 310M in equity and 2 multi million dollar option plays. One is a straddle expecting NFLX to be outside the range of ~460-~560 and a debit put spread. I personally beleive the debit put spread is a hedge against the 310M...

mbalboni10 Jan 12, 2022

DASH is completing a pattern rn while also bumping up against the top of a trend channel would like to see a 23- 38 pull back before trying to break out of the channel again. decent amount of activity in the stock. both the 23 and 38 retraces also correlate with previous transactions.

mbalboni10 Jan 12, 2022

looks like they have put in a base for TMUS for now. i ike this bullish candle on the daily for TMUS as well as an unusual amount of orders coming into the stock in the last 3 days. i am looking for a bounce to atleast the 38 but this pattern has room att the way up to the 786. maybe TMUS makes a pre earnings run for a nice earning short. NOT FINANCIAL ADVICE

mbalboni10 Jan 11, 2022

If AMD is above 132 we must remain bullish and if its below we can be bearish. I am expecting a continued market bounce and amd to hit the upside pts. but, break below the 124.50 area and we have some room to go downwards. would like to see a nice base above 135.5 for continuation

mbalboni10 Jan 10, 2022

diamond pattern forming here at the bottom. 50/50 chance up or down from this pattern. i wouldnt mind a pull lower into the areas below. not long biased until strong break of the trend line with resistance above. Not financial advice

mbalboni10 Jan 9, 2022

greater conviction than before Not financial advice

mbalboni10 Jan 8, 2022

a lot going on here on this chart. its great to study from because there are so many patterns. At the same time, it makes it harder for traders to decipher which pattern to play. Over all im more short biased. the pull back almost got up to the 38 and it looks to be forming an abcd pattern on the daily with a bearish engulfing. drilling into the 4 hour we also see...

mbalboni10 Jan 7, 2022

this looks like a good place to start accumulating SNAP. bottoming off a long term trendline forming a morning star on the daily (hopefully today closes above 42.75 area), We are seeing bullish divergences on multiple timeframes and have multiple patterns telling us to look for a reverse. Furthermore, we are starting to see activity in the ticker. I would like to...