NASDAQ:ADBE bounced off of the 400 psych level and close to the weekly flag bottom can buy with stop of 400, lighter size
NASDAQ:ROKU looking good here, about to break out.... If NASDAQ:NFLX earnings are any indication, roku might beat also and raise guidance, in that case it might go higher and test the 100$ psychological level next targets are 93 & 105 which are high volume nodes
NASDAQ:STLD bounced from the long term multiyear trendline Steel demand not going anywhere (I'm not an expert but don't see it going down simply because of steel's versatility and usage) high volume node and 50/200 daily SMAs above that can act as resistance, I accumulate shares every month, so not playing the shorter term
NASDAQ:AMZN has a bull flag on the weekly and daily charts Positives: * Great chart * Holiday spending should help with ER * Above all MAs * Mag 7 has lagged quite a bit and any rotation into them might give a boost * Trump effect, Bezos sitting in the front row :) Negatives: * No real AI products to generate meaningful recurring revenue * Huge AI spend *...
NYSE:AA looks good here if it closes above 200 SMA and 9/21 EMA plus close above the trend line, can target the 50 SMA as first target has treated me well this ticker
NYSE:JNJ trying to close above the 9 EMA today (Jan 16 2025) if it does it will be the first close above since Oct 2024 can add to shares here
NYSE:PSTG now breaking out of the flag... stops can be a daily close under 9/21 EMAs
NYSE:PSTG is bull flagging, has been in a range for the last 3 weeks Had great ER & guidance has been digesting the move ever since very constructive, could test ATHs in the next month or so alerts are set
NYSE:YMM broke the bull flag, I did not have a position before, but now I do, got in at 11.20 Just a note to anyone who is looking...
NYSE:FINV is setting up on the weekly chart, forming a flag On the monthly chart you can see a descending trendline that has been tested and looks to be broken on the daily, if broken on the weekly & monthly can be significant Stop loss choices are 6.6 (9EMA weekly) or 6.2 (21 EMA weekly) Take profit choices are 7.3 (has been resistance twice before) 8.0...
NYSE:DE is still a bull flag, since the last post has multiple supports coming together in the 420-410 range: * 415-410; a level that was previously a resistance and can flip to support * weekly 21 EMA @ 415 * Ascending support coming up @ 415 * 0.618 fib @ 418 (from the nov low to nov high)
NASDAQ:META weekly: bullish engulfing candle daily: bull flag breakout & close above 9/21 EMA Targetting equal highs and more optimistic new ATHs
NASDAQ:MSFT bounced off of a big support level that has held multiple times over the past 2 years stop would be weekly close below the wick that is it
NYSE:ABBV is ready to move now. After the stock started ignoring bad news, and made a higher low, it is showing constructive signs. It has now closed above the Daily 50 SMA now and broken out of the weekly consilidation. Currently a double inside-month contender. Gap above at ~181 and ATHs above that, so can move quickly if healthcare stocks start moving
the inverse head and shoulder failed, NYSE:JNJ is now close to the bottom of this multi-year flag... it must hold or a bigger flush may occur, given the stability of the company, I am leaning towards a bounce and buying a few shares for the long term no options till price close above the 9/21 EMA on the daily (at least)
After this bull flag breakout idea: NYSE:PG has retraced back and giving 4 confluences to go long here: * Bouncing off the Weekly 50 SMA * Bouncing off the Daily 200 SMA * 0.618 fib retracement bounce * Bounce off of the ascending support line since 22' The risk is weekly close under 50 SMA The profit targets would be 175 & 180 I am looking at the 180C for...
NASDAQ:OKTA had a great earnings report and is currently bull flagging on the daily... on the monthly chart we can see a bigger compression happening and the daily consolidation is happening at the top of the monthly resistance... it has also successfully tested and closed above the 9/21 EMAs on the daily a breakout can lead to a big move alerts are set on...
NYSE:DE had a great ER and exploded out of the multi year range, only to come back in... it bounced off of the 50 daily SMA and now forming a bull flag if industrials catch a bid, this can move, alerts are set on breakout also has a huge volume shelf support from the multi year consolidation