CRYPTOCAP:SHIB ShittyInu possibly setting up for a decent buy zone here with a good R/R long…I’m this 800-900 area , stop loss below 700 and target 1400 area … that’s almost 1:4 risk/reward ratio … Some resistance in 1100 area so i would trim some there for sure
Tomorrow is a key and pivotal moment for ES and the rest of the market…a good reaction to NFP tomorrow morning and we change trend moving forward, but a bad reaction and this likely starts the next leg lower. You can take a speculative short w small size here and target 4000 with a stop loss above 4110. Preferably i prefer to wait until the reaction and react...
Even trash coins can provide opportunities for us, so don’t laugh. But the crypto market is looking good to me. And if the crypto market runs, Doge will run too. Doge has been grinding lower while MACD is turning up, bullish divergence. This looks ripe for a pop to 0.16-0.17 area which is the breakdown area, the point of control on the volume profile, and also a...
SHOP Thursday put in huge reversal candle w the rest of the market. Above average volume on the day. RSI bullish divergence noted. This looks ripe to test breakdown candle high in the 730 area, and then if it can really get going it can fill the gap up to 840. I saw a lot of 03/18 calls come through yesterday and today too. You could look for 03/18 800/840 call...
Sorry for the late post y’all. But yesterday looked really bullish to me after that huge bullish candle and we also have divergence on daily chart to support it. Minimum target is 14400 next week, but possibly as high as 15000-15100. SL is below todays lows. Good luck
SQ bounced off long term support for a nice double bottom in the low 100s, and today had a huge bounce up to 120. To me this still has room to go up, 128.50-129.50 area minimum around 382 retrace, and possibly as high as 133-136 area which is around 21sma and 50% retracement. Plus we have MACD and RSI now curling up here on the daily. I have been scaling in longs...
Potentially great risk / reward setup for long side trade here on JMIA. Possible 50% reward here with only 15% drawdown risk. JMIA hitting long term support and a fib extension level i had. Now putting in a nice hammer with good volume coming in. Looking for retrace up to 382 retrace minimum at 12.00 area and SL at 6.75. Trade at your own risk.
NQ oversold here. Long overdue visit to 200sma tagged finally. I took longs at 15000. Looking for 15400 area on a bounce. SL 14800. Trade at your own risk.
DIS oversold here on 1H chart. Plus we have found support and bouncing from this TL here which has held nicely so far. Stochastics oversold and turning up here. Possible retrace to 153 here. SL below todays low. Plus we also have lots of call flow coming in for for the 152.50 strike calls for 01/21/22
After being down 8+% and seeing lots of sellers in control with the trend being clearly down, NQ might be changing trend here. We have closed above this TL now and buyers were strong out of that 15170 zone and pushed NQ up over 400+ points. I expect dips to be bought here, targeting at least the 16000-16100 zone. SL can be placed below 15400 because I don’t want...
ROKU hitting a big buy level for me here. Major TL support and major price zone tagged here. Targeting a run towards 199-200 which coincides w prior pivot level and Fibonacci retracement level. I am taking next weeks 195/205 call debit spreads for 2.25 debit, looking for 4.00 on half and then looking to add a 205/215 call credit spread to turn it into a lower risk...
$BABA Daily chart bullish setup, we have been calling out $BABA all of last week for a move higher based out of the TTM Squeeze and the bullish flow we saw on our Options flow in $KWEB the Chinese Tech ETF. $BABA has been the laggard along with other Chinese name all of last year when Tech stocks were making new all time highs. In the blood bath in tech sector...
Possible bullish setup here developing on BTC. We have both tagged a major long term TL here as well as a major price level. On top of that, we have bullish divergence setting up on MACD. BTC making lower low while MACD is making higher low, showing that sellers might be losing momentum here. I like BTC long here for a swing towards 47k, with a SL below 38k. Trade...