robinkbrown

robinkbrown Updated 

With the Bearish Reversal Candle on 2.7.25 and today's small spread candle on low volume, this implies that the demand that was making prices rise has given way to supply pressure. With some help with bad news this week from Super Data Week we could easily see lower prices. I will short/buy puts if the price closes below $110.40 daily with a target price of...

robinkbrown

There have been four analysts price upgrades this morning so I'm watching for trend reversal signals in the coming days. Could make for a nice play long. I hope the Bollinger Band goes into a consolidation pattern for price to stabilize and then break to the upside. I put colored arrows on the chart to illustrate. I'll update here when I see something interesting.

robinkbrown Updated 

Waiting to see which way this one goes. Need a close outside the green line either upward or down. Looking for a 13-14 point move. Just have to wait for the set-up.

robinkbrown

This is one that I have on my radar for the next few days. We have had the bearish exhaustive candle followed by a bullish Pin Bar candle on 2.11.25. Waiting for the price to close above the resistance line and the trend line (yellow). Price is oversold so I will also need to see the CCI cross -100 moving upward. First target will be $146.88 with a SL at support...

robinkbrown Updated 

With the top and bottom lines of the Bollinger Band turning inward is indicating that the price is entering a contraction/consolidating pattern. The weekly Bollinger Band midline is in a downward direction suggesting that underlying trend is down. When the contraction pattern ends, the price will move in the direction of the midline of the Bollinger Band. What to...

robinkbrown

Triple bottoms highlighted in yellow. Short entry at $183.10 Profit target $160 SL $189.20 I'll be looking at the GOOGL $182.50 Put 2/28 which is currently $2.39.

robinkbrown

Decreasing volume with the tighter and smaller candles indicates that supply is not present at this price level. This is not a recommendation.

robinkbrown

The most recent supply zone, the 50 EMA and the Fib .50 have all merged into one area. Earnings reported on Friday beat estimates, RSI is showing strong momentum, so I placed my target at $47.30 this week (10/17/22 to 10/21/22).

robinkbrown

NASDAQ:FB