BA finally on my watch list after hitting my box below the bottom of the trend. either this area holds and we begin to leg up higher toward 300 or we break below 204 and make our way toward 190. at this point best option here is to play leaps on BA and rest assured they will pay nicely. short term, neutral'; Long term, BULL!
These trendlines have been on my chart since the last time AMC ran toward 70. I expected a LONG consolidation period. now we are at the moment to decide whether we break down or bounce from parabolic trend line. Earnings on Monday could send this flying depending on direction of the company. not to mention apes are still diamond handing this stock. Ichimoku cloud...
I think it is time to re-visit PLTR. Huge move coming. knowing hot PLTR acts it could be either way but I am leaning more bullish. Squeeze is in play after a long period of consolidation. One of my rules is I never play when a stocks price is in trading with in the cloud a break out above will confirm the move will be for the upside
Beautiful short on CHWY. if this was played on the time that I mentioned it on trading view, Depending on your option we should be up 140% if closed at $68. Now i will be looking for a potential reversal to the upside. I believe we might hit 64 first before then but would not be suprised if it reverses from here. for now just watching until I see a clear reversal.
Eurusd showing a bullish flag pattern. a break out of this can mean its ready to reverse back toward 1.19, but not before it can break above the 200 sma and hold price level there. In the daily we can see a double top so this might still be in play. watch out for getting faked out and trapped. use low lot sizes. Risk management is very important. Good luck.
I am quiet Neutral on ET at the moment. It showed some signs of a bounce on the 200 SMA but unless it can reclaim that 50 sma I am not bullish. strong area of resistance in coming which could create the first wave A. wave B could be a retest of the 200 SMA and wave C could be a break through of the 50 sma which will create the beginning of a new bullish trend for...
All Chinese stocks have been getting hammered lately. It is safe to say that the Chinese market are currently in a bear market and scary as it may seem the US stock market might be next. Regardless of that, GOTU might pump for a little bit. what I am concerned about is that huge red cloud in the ichimoku cloud. It will be tough for GOTU to get out of the current...
TLRY might have bottomed here. breaking out of its ichimoko cloud and forming a "some what convincing" C&H. Only one way to confirm this. the first 30 mins of the market are my confirmation. If it holds above its bearish ichimoku cloud I will be going out when it breaks out of its consolidation area which is the handle of this pattern. TLRY takes a while to move...
Death cross might confirm this bearish flag set up. A break below this formation can confirm that CHWY might see the 60s again.
It looks like a repeat of last year. It appears as though SPY might want to gab fill before it continues the bloody mess. If we look at this in waves it appears that 440-442 could be the end of wave B and Wave C could be around 421-423. worse case scenario we might see as low as 411 but could be highly unlikely. I have a stop loss if SPY breaks through 440-442. so...
Gold fell like a falling knife just now. expecting more downside after it broke down from its previous support. lets see if this plays out as I am expecting it too in my analysis. my buy zone if it does get rejected at the top red level is around the bottom of the red support line.
Might play this long but will be very cautious as I see many resistance levels up ahead. I would try to look for confirmation first before entering. If the dollar blasts through those levels it would be safe to say that the dollar indeed is having strength again.
usdchf looks like it might be following this curve. will be playing this long before london session or until it hits my target of .91600. my SL will be at .91180 Disclaimer, this is not trading advice.
I am seeing a possile head and shoulders in the daily time frame. could take a few trading days to verify if this will play out. we could possibly see a correction. will continue to look for confirmation since i am still not convinced.
Here is my analysis on luna. anything under 20 bucks is cheap but if you are looking for a great buy opportunity my levels are 4.90 next level is around 3.80 any lower i will wait for possibly .60-1.05. As i mentioned in the video, i am moderately investing in these current levels. 3.80 is my heavy purchasing area and if a break above 7 holds then i will load up...
I see a great short opportunity on ROKU. last time this stock was overextended from the BB it gave a great call opportunity. Now i believe ROKU will give a great short opportunity but not before closing the gab at 432 which is also one of the levels on my Fibonacci levels. If it gaps up again extending its overextension of the Bollinger bands, then i will heavily...
ROKU has been such a monster the past few days. I have not traded ROKU in almost 2 months and yet its still following the trend lines I had since the last time i looked over it. For now i believe ROKU will take a breather first before continuing to grow. its far over extended from the Bollinger bands. if tomorrow it opens green this will give a great short scalp...
from my previous analysis I completely missed that double top that BA formed. Luckily I did not take a position. seeing the price action more closely it was going in a downward trend but it appears to have broken out and today it retested the upper channel of the trend. so what now? first we need to see if BA will break through 245 into 246 and hold that area....