SetNameAsJoe

SetNameAsJoe

We saw the same thing last fall, a rise up, testing an upper line, then a drop down ~5.6 %, followed by a 4% retrace. If history is to repeat itself, the 5.6% drop lines up with known support, and the 4% retrace would retest that large wedge. Not trading it, I'm just really interested to see if it plays out similar. I'M NOT A PROFESSIONAL, THIS IS NOT TRADING ADVICE.

SetNameAsJoe Updated 

Waiting to see a full pullback to the multi-year support, and go long from there. A few PT levels to keep in mind. Also, watch out for MAs, I don't have them shown here, but they will be resistance as it trends back up. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

I think MU will jump up like it did last time we hit this upper channel line. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

I'm thinking this will retest the 92.50 mark if they have good earnings. If not, mostly like meander it's way back down to the green channel support. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

If BA bounces here off this long term trend line (green), it should retrace back up the 380 range. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe Updated 

I think BA will see a small retreat here of about 5% to the bubble marked on the chart. I think we then go to touch the solid green line over the next 5-15 days, as that is long term support. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

This failed again to enter the larger channel, and now seems to be breaking out towards. Price target at bubble. See longer term view here THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe Updated 

EDU bouncing off bottom parallel of channel. Have a few intermediary price targets set (blue bubbles). Looking to see it retest the highs from the previous week, and then push up again to test the 106 high within the next month or so. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

If earnings is positive, expect to close the giant gap from last year and match that ATH. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.

SetNameAsJoe

IBB broke it primary trend a while back, and since has been struggling to re-enter it. If it fails to re-enter again here, it looks like it will drop significantly. If it re-enters, then we're back to Longing it. Just waiting to see. I'M NOT A PROFESSIONAL, THIS IS NOT TRADING ADVICE.

SetNameAsJoe Updated 

Title says it all. Last times we hit 200 ma, we spiked up, chilled for a day with a hammer / doji and then dropped back. Short term play here. THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL

SetNameAsJoe Updated 

Took an unorthodox approach on this one, using moon cycles as tertiary indicators. They seem to work well when coinciding with major resistance/support, either from trend lines or moving averages. Looking at the chart, were topping out within the large, rising megaphone. The doji on the daily confirms the selling is kicking in. I have a price target or...

SetNameAsJoe Updated 

We are still in high resistance, and the breakout above the red trend line may have been a fake out (it's an evening star on the daily). But if we remain above this support, and break above the 271.50 range (top of first yellow resistance area) then I think the 274-275 price target is the next stop, possibly followed by the 281 retest area. Just waiting for...

SetNameAsJoe Updated 

Morning all. With the earning that came out last night, expect a solid gap up this morning. Pre market already up to 265 ish (as of 7:45am), and when the market opens it'll most likely spike higher the first 15-30 minutes. The circle is my general price range for this morning spike. I'm guessing it will gap fill and most likely triple top at 266.50, and if it...

SetNameAsJoe

Showing some local support (green line). If it breaks that, 262 is the next level to test. I'm thinking it'll bounce off and keep this run upwards. All this depends on what earnings come out tonight though. Some key players are giving earnings after market, that could change the trend of this volatile market very quickly. Always be ready to adapt :D THIS...

SetNameAsJoe

I've mainly been a bear in this bull rally the last week or two. I didn't think it would last as long as it did, but hey, patience is key in volatile markets. Waiting for your time to strike. We are approaching some mighty resistance (the red line) which will be difficult to overcome. I think today was a repeat of Jan 18, and both were exhaustion gaps (days...

SetNameAsJoe Updated 

Another triangle on the chart (this one is a 30min). Broke out of the red wedge bullishly as I anticipated in my post 2 days ago. Not sure how today will go. My gut says bullish and and upwards break today. The news really impacts this volatile market. I don't give much of a crap for it, but at the end of the day, some b.s. news about trade tariffs could...

SetNameAsJoe Updated 

The ascending wedge over the last few weeks was finally broken, and it was nice to see some retreat. I think this secondary wedge (red lines) may break on the upside tomorrow for some bull rallies. But overall, within the next week I'd say, I think we will see some serious pull backs to the 255 range. I'm hoping for the pullbacks, but expecting a morning gap or...