Round_Table_Trade_Team_LLC

Round_Table_Trade_Team_LLC

Finding support on the daily chart at the 100ma $35.68, TWTR is likely to bounce higher towards the top trend line resistance. We are likely to see a test of this resistance over the next few days, which could culminate in a breakout above this bull wedge/flag.

Round_Table_Trade_Team_LLC

Historically, SPY pulls back on the daily when it clips the overbought level at 70. We did have a moment back in beginning of January where it ran hard in overbought territory before dropping hard near the end of the month, but for the most part, I expect a pullback to relieve psychological pressure, even if briefly. Might be a good point to buy an options put...

Round_Table_Trade_Team_LLC

NH - Why I don't like it from a TA POV: 1. bearish trend 2. bearish RSI 3. bearish macd 4. 8ma break below 20ma 5. feel like .48 is a stronger support for a bounce play than .55

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Technical Reasons for AMD buy: 1. Shorter MA's crossing above longer MA's 2. Break above 8ma out of recent consolidation 3. Candle over candle confirmation 4. Sustained increasing daily volume 5. Re-test of $22 prior candlestick resistance 6. Bullish pressure due to trend line wedge 7. Bullish Macd gains 8. RSI breaking 60 9. Bulls look to complete Oct gap...

Round_Table_Trade_Team_LLC

VTVT - Fresh entry looks good over 3.15 for 3.50 / 3.94 price targets.

Round_Table_Trade_Team_LLC

PYPL - With a Jan rally into end of the month ER on the 30th, opinions differ on its results; so many traders believe the price of a hopeful ER beat has been priced into the rally, which fell short of its resistance near 93. Technically, the price action is poised for a down trend back towards historical support near the upper 78's. A missed ER beat and 89...

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NFLX - With a powerful bounce off trend line support at the end of Dec, NFLX rallied into earnings and profit takers moved in, bringing share prices down to rest just above the 100ma at 316.83. New entries may consider waiting for a break below or bounce off the 100ma support. A break below could see support at the 20ma near 305 or the 50ma at 287 mark as price...

Round_Table_Trade_Team_LLC

TSLA - With a recent RBC downgrade and earnings just around the corner, shares have broken thru all major moving average supports and appear to be heading towards trend line support around the 266's. Wed, the share price bounced off historical candlestick support at 281. While price increases have been a consistent response to earnings, lots of negative...

Round_Table_Trade_Team_LLC

SPI - Up on news about entering a share purchase agreement for $7.6 million private placement, SPI made a strong move and closed up 150%. Tomorrow may see a retest of the 200ma at 3.19 and a hod retest at 3.80. A break there could see 4.50.

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STZ - Oversold Hook Trade Idea With a bullish move over the 8ma at 162.48, STZ ended with an engulfing candle on the daily. Look for entry above previous HOD at 166.72 for a move to the 20ma at 172.78.

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USO - Bullish Long Term Prediction With the oil fund bouncing off the weekly bottom trendline support at 9.17, and a green candle over candle formation and RSI issuance of a buy signal on the oversold bounce, a break over the 8ma at 10.60 and a previous candlestick resistance break over 11.09, price action could start to move towards major moving average bull...

Round_Table_Trade_Team_LLC

PPC - January 5, 2019 - Trade Setup With a recent break over the 8ma, PPC has a good oversold hook setup that looks to retest the 20ma at 16.17 and could even move to candlestick resistance at 17.

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FCAU - January 5, 2019 - Trade Setup Friday's gap break over the 8ma and a close just under the 20ma at 15.09 sets up a potential move to the 50ma at 15.81 and a convergence of the 100ma at 16.40 and upper trendline resistance with a break over the 20ma on Monday. Entries should look for confirmation of a green candle 20ma break above 15.19 and a macd cross buy signal.

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MRO - January 5, 2019 - Trade Setup MRO has recently trend reversed and successfully broke over the 20ma on a retest on Friday. With a RSI midline bullish break and a favorable Macd, it has a chance to move to the 50ma at 16.36 with a break over previous candlestick resistance at 15.70. Other price targets at 17.81 and the 100ma at 18.80 for a swing.

Round_Table_Trade_Team_LLC

USO - January 5, 2019 Trade Setup USO closed just under the 20ma at 10.21. This oversold hook trade setup offers profit potential with a Monday retest over the 20ma and a break over Friday's HOD at 10.38. Look for resistance at price targets of 11.09 and the 50ma at 11.54

Round_Table_Trade_Team_LLC

January 5, 2019 - FB Trade Setup FB - currently in a downtrending channel on the daily chart. Consider an entry with a break over the upper trendline at 138 with confirmation over the 50ma at 140.50. Candlestick resistance at first target price of 145 and second target near 100ma at 153.

Round_Table_Trade_Team_LLC

JAG - Oversold Pattern HG Swing Play R3: 11.35 - 50ma R2: 10.84 - Previous Candle R1: 9.88 - 20ma Entry: Over 9.41 - yesterday's HOD S1: 9.02 - 8ma HG line S2: 8.50 - Significant Low

Round_Table_Trade_Team_LLC

GORO - Double Hook Break Out Price failed to break 4.20's resistance in late Dec; another hook forming - may re-test this area; a break over 4.20 & 50ma could see move to 4.70's 100ma and recover to 5.25 200ma