tyler_sim

tyler_sim

Nice H&S here on SHOP. Watching for a break below the neckline in yellow... Could see a pretty good retracement given the huge run-up SHOP has had this year with relatively little volatility.

tyler_sim

WW now selling off after earnings results, key D. 200 & 50 MAs are very bearish now. Loving a short idea at a break of this yellow trendline. (Opinion only, not financial advice)

tyler_sim

Getting our clean break below the Head and Shoulders neckline today as markets sell-off... This H&S pattern in Crude was very helpful in anticipating a broader stock market pullback given the high correlation between Crude and Stocks this year. Given the large H&S pattern we're selling off from here, and the long-term 200 & 50-day MAs in a downtrend, this...

tyler_sim

Now seeing Bitcoin make a clean break through the last major resistance area... Any pullbacks from here could be great buy points. (Opinion only, not financial advice)

tyler_sim

Nice H&S breakdown recently. Still looks like we could have plenty of downside left to go.

tyler_sim

Nice Head and Shoulders off the bearish 200 Day. Should it break below the neckline, we could have a great short here... Oil has also been pretty correlated with the stock market, so this could be a pretty good indicator for a continued pullback in an overextended market.

tyler_sim

BAC now clean break below trendline in overall downtrend. This could be a big long-term short around this area. (Opinion only, not financial advice)

tyler_sim

Nice Head & Shoulders pattern on SQ as the market is correcting. SQ has been due for a nice correction after a vertical run over the past few months. Watching for a break of the yellow trendline with an entry around the yellow circle area... If pattern plays out, could see a drop to the D. 200 SMA which would be ~(30%) correction from entry area. (Opinion only...

tyler_sim

Seeing another great Head & Shoulders pattern here on XOM. Looking very close to breaking down from the neckline support. Could be a great multi-month short. * Not financial advice -- opinion only. *

tyler_sim

Nice rounded top in EGRX... Liking a short here on this one as well. If it breaks through that support around $35 we could see a nice plunge.

tyler_sim

Nice H&S pattern on TLRY in overall downtrend. Reported earnings a few days ago which could serve as the catalyst for a plunge. I've seen many times now where a stock has a couple-day delayed reaction to earnings before making a big move. Could be a nice short with a potential 60%-ish drop to get to the last support (prior low), which is not far away. * Not...

tyler_sim

BTC has one last major hurdle to break through, which is the key resistance line in red around 11.5k. So far it looks like it's coming in hot. If it can clear that resistance we could see clear sailing for a while for BTC.

tyler_sim

Another very nice Daily Head and Shoulders pattern in an overall bearish trend. Could be a great short if breaks the H&S neckline soon. Will be watching for a breach of the H&S neckline in yellow.

tyler_sim

We can see price breaking down through a nice Head and Shoulders neckline with the daily 200 moving avg confirming bearish sentiment. Not financial advice -- opinion only.

tyler_sim

Liking a multi-month BAC short on the breach of the yellow trendline support. Daily 200 moving avg confirming bearish outlook. * Just an opinion/idea, not financial advice. *

tyler_sim

Big topping pattern has formed in Marriot hotels over the past few years, and if this chart continues to break down, this could be a huge selloff.

tyler_sim

Berkshire Hathaway has long been a leader for the S&P, but it currently looks like the conglomerate is heading into a rough period of time. The Daily 200 SMA in pink has rolled over bearish, and the key Weekly support level for the past 2-3 years has been breached to the downside. Being one of the top 10 holdings in the S&P index, if this downtrend continues...

tyler_sim

In this Daily chart of the S&P 500, we are now seeing sellers regain control near the 200-day SMA (pink line). Historically this has been a crucial area for the survival or capitulation of bull markets after price has broken below it. Fundamentally: Yes, businesses are slowly starting to re-open across less-affected areas of the US. However, what we're seeing...