ser64
Trade war uncertainty is gonna cause EEM to continue this down trend. The stock had resistance at that $38 mark in 2016, broke out over that level in 2017, and has been in a down trend since Febrary 2018's big selloff. It bounced off that $38 level again late last year and met resistance at $45. The price also broke under the bottom resistance line of the bear...
SNAP broke out after earnings but RSI is reading overbought now and looking to be in a downtrend back towards the initial gap up around the $16.30 support. If it breaks below the $17.68 fib retracement support, I'm going to look at buying the Aug 19 or Aug 30 puts at a 16.5 or a 17 strike.
JPM forming an ascending triangle pattern and showing a cup and handle pattern. Looking for the stock to break out over that $120 resistance for a new high.
You can see the double bottom here around $130. I am looking for the stock to close over the $188 Fibonacci retracement level before it is able to move back over $200 for the first time since last year.