This chart looks broken. I am looking for brands that hedge funds may take over and run into the ground red lobster style. I am looking at this one as one of those, but I did not do the DD on the actual board. It's got a consistent pattern of green for a few days straight then starts it's bearish reversal again. Looks like we are on the 4th day of green, with a...
Target at $82. Weird liquidity end of day/after hours with bearish opens. Not trade advice
Stock is looking bullish. Picked up on unusual options activity. My puts got cooked as I read the options volume inversely. Now based on this channel, I'm considering a brief long. Not trade advice
Staying in the bullish channel of a downward trend, last 3 days candles look bearish. Down pre-market. Will we see $80 again before the end of the year or $200? I have no idea. Going short on this feels riskier than it's worth. Going long at the top also feels wrong. Waiting for it to shake out. Not trade advice
Big consolidation, looking like it's found it's bottom and has some room to grow to $0.90 Not trading advice
Almost identical pattern on the chart, last run up was a new high, same retracement channel, consolidation over the weekend, looking for a move back up inside it's current fib channel not trade advice
Interesting price action after-pre market from friday until today. Stock shattered all support with the last gap down, could move further down, but I'm thinking it moves up a bit first. Looking at $78 as a target this week before it drops further. Market is over heated so it could just sit sideways for awhile since it already retraced. Not trade advice.
This is at the top of it's channel after a gap up, needs some room to breath. This is not trade advice
CNK killing it as AMC falls? CNK repeating it's last candlestick rise up? What is supporting this run when comparative stocks are getting crushed? Looking for put contracts at this peak but it has the ability to run like it did before. Same short interest at 25% float as AMC, but compare CNK to AMC Not trading advice
It's in the overbought area and last time in this range, it had a drastic correction. Looks like it could go sideways at this level for 1-2 weeks, looking for it to cross over with a stronger signal for a correction again
RSI is up and down, not a real signal there, but volume accumulation matches the last pop and at $3, upside to $6 is there, just not sure how long it will take. Would like call contracts but unsure of this one.