So do you believe that Meli is going to drop to the spot (X)? I don't want to see it, but this looks like a double top mountain to me. I have been reading up a little on Meli and like AMZN, BABA... i think that it's worthwhile finding a strategy to get into a long term play that works. In the meantime... I will play a put here and there if I can catch it.
Had not heard of this company until today. Technical set up made me do a quick look at the company. A transformation makes sense to me. Earnings this week Cutting edge COVID testing technology Bullish market conditions
so i can't take total credit for this one. i have been trying to crack the pattern and while looking at someone's cup on another chart today, someone else mentioned a cup & handle on AMD and boom... it all came together. i plan on trading to the breakout, at the breakout and to the first target bare minimum. once i do a temp check... i might be in for that piping...
Take a peek of BYND on the Week chart. I see an symmetrical triangle. It's finna to pop at some point. In the meantime... trade within the triangle.
That end of the day run today (10/15/21) was fierce. TSLA is working for this run. Will it pop out of the channel or pullback? We have to wait until Monday to see what is going to happen, but I definitely am joining the band wagon of people who think that TSLA will make new highs this year. What do you think? I'm watching. Are you long TSLA? *If it pops out of...
AMD broke out of the bull flag that it formed after the major cup & handle breakout after earnings. I look forward to the following price targets as long as it stays above $111. PT 1: $114 PT 2: $118 PT 3: $122
I was minding my own business and AMC came across my path, so I took a look at the day chart. I was ready to plan for a put, but saw a series of higher lows. So I drilled in for a better view on the 1hr & there it was as clear as day. AMC is getting ready to breakout of a symmetrical triangle. I have to play this b/c I believe that my chart matches the text book...
I was watching HD and it hit me that I should take a look at LOW too. So glad I did. It is on my watch list as I am confident that it is forming a cup & handle. If you look to the left, you will see a previous similar cup & handle that played out beautifully. I think the small difference is that there is no gap to fill. But of course we have to watch and play...
So I posted an idea about BYND that involves this diamond pattern that I discovered. I checked in on SHOP and it too appears to have that diamond pattern. If this diamond pattern plays out, SHOP can drop down to $1300-$1250. I was skeptical, but then I hear news about increasing competition in the news. I'm interested in what you see.
I decided it was time for me to revisit charts after an intense 6 months of learning. I had all kinds of designer ideas, but now... i see that AMZN is trading in a monthly channel... a bull flag to be exact. Other patterns do form within patterns, but it helps me see a bigger picture. We're about to top the channel. Let's see if it breaks... go long. If not, then...
I found SMG in a screen. I can't remember the parameters that led me to this ticker, but the weekly looks nice for a swing this week and possibly into next week. The consolidation in this $191 - $233 range is amazing. The day view looks pretty nice too. Are you going to play along with me? *I've never played before, but I'm willing to take a 2 week contract at...
I am into RBLX because my kid keeps asking me to buy him coins in the game. I figured I could help him earn some coins (lol). When institutional investors started buzzing about it more after it's first earnings, I had a hunch it would soar. Well it happened and now it's cool down time as indicated by lower volume. I think that price will retrace to about $96...
It all rides on the earnings report. If BA knocks it out of the park, the bull pennant will most likely will begin to breakout. If earnings are not great, price will most likely drop to the bottom of the pennant and maybe break down. I'll be watching. I'm a bull by nature, so I'm rooting for BA. What are you thinking? Median PT: $262 High PT: $314 money.cnn.com
So I spotted BAH a couple months back in a scan. It was a strictly technical play. I've been keeping an eye on it and today I pulled up the (D) and noticed that earnings is in May. I spy an inverted head & shoulders. Do you see it too? I'm sensing it's gonna soar upwards 90. May not be a perfect straight line up, but up it will go. What are you thinking?
A story about GME came to me and I took a look and saw this brewing. The cup and handle doesn't always come through, but GME definitely has the power to make it happen. Where should my price targets be? Do you even agree? investorplace.com
So I saw a pattern that made me think about CCIV. This SPAC seems so bomb, so what's the deal? I can't upload my comparison, so take a look at this Pinterest post I found from 2017. 2017 BIDU play: www.pinterest.com
and I plan on feasting with my peeps!