mdd100

mdd100

1/3/21 - 1D Time Frame ** price broke 50ema and was rejected once but 142.23 support seems to hold. 1. Price currently trading at bottom channel, and channel seems to hold. 2. MACD - histogram bearish momentum losing strength and lines about to kiss 3. stochastics at the 40 area with more room to go. Disclaimer I do not know how the market will move tomorrow....

mdd100

PTON 12/29/20 1D TimeFrame Scenario 1 - Light pullback at the 13/21 ema area - PTON is very bullish right now in light of increasing COVID19 cases across the US. Plus their acquisition of Precor is in my opinion a bullish move; it's a good way to promote the brand to health clubs, hotels, etc. - with a light pullback at the 8/13/21ema area which also happens...

mdd100

12/28/20 1d TF **Bearish price action for the next few days and hopefully 50ema/channel bottom or 38.29 support holds up to selling pressure. Wait for confirmation, either a bounce or consolidation around key areas. **If price action does not break middle channel going up, we might be in for a downtrend or consolidation phase. 1. Price action hit target 1 and...

mdd100

12/28/20 - 1d TF ** price could go down a little more and hopefully bounce off the 50/200ema while MACD starts to kiss for a bullish run and possibly hit target 1. 1. Price action just below 8/21ema. 2. It seems like price will continue down to the 50/200 ema. 3. the 50/200ema area could be a strong support. Reasons; a. they are close to each other b....

mdd100

12/28/20 - 1d TF Bullish with potential Target 1 hit. 1. Price actions seems to form a bullish channel 2. EMAs seems to hold and price action is currently just above 8ema. 3. Price action at bottom channel with more room to go up. 4. MACD looks good. Lines kissing, hopefully it will cross in 1-2 days while histogram shows downtrend is reversing. 5. Stochastics at...

mdd100

12/27/20 - 1d Time Frame 1. Price action at the 37.27 - 36.13 area 2. MACD histogram shows losing downward trend momentum 3. Stochastics at oversold level ** I am hoping that price action will respect and bounce from 36.57 support and start playing above the 50ema while MACD crosses for a bullish move then price slowly go up and hit Target 1. Disclaimer My post...

mdd100

12/27/20 - 1d Time Frame 1. Price action seems to be consolidating at the 151-141 area 2. MACD - lines seems to be converging and histogram seems to show downtrend losing momentum 3. Stochastics at oversold level at the 1day time frame - bullish **We could see a bullish run once price goes over the 8/21 ema and MACD starts to kiss and point upwards. Disclaimer:...