jonwayne02

jonwayne02

Saw this inverse H/S posted by someone else and wanted to check it out... I see $NIO moving in this channel and it looks to have some momentum getting back to the top side; especially with the restart of production lines. There is also a vol gap here that should start to fill. Then looking to break my trendline and the 100day. NYSE:NIO

jonwayne02

Looking waaaay back there is a giant cup forming... and now nearing ATH's... and forming a bull flag. Watching a couple points - want to stay inside this upward channel on the drop and want it to break through at the 2000 ATH. Super interesting chart. NYSE:MRK

jonwayne02 Updated 

Curious how $JNJ will react to this neckline... NYSE:JNJ

jonwayne02 Updated 

$V with a nice breakout back into the channel...vol shelf lining up nicely - top of channel: let's go! NYSE:V

jonwayne02 Updated 

Looking for $DE to consolidate before a breakout to ATH. NYSE:DE

jonwayne02 Updated 

$FL got slammed for guidance but earnings beat. Modified my chart - should have seen this coming - 5 year trend line, vol shelf, wedge all converging at the same point - needs to bake a bit longer. NYSE:FL

jonwayne02 Updated 

$CROX may be working on filling these gaps... Even if it holds the 200day MA that could form a H/S pattern. NASDAQ:CROX

jonwayne02 Updated 

Found this pattern to be interesting. $MCD broke up out of this channel. The pattern has been to set an ATH followed by consolidation bottoming near the previous ATH levels. Looking for an entry that might continue the trend. RSI/MACD topping. NYSE:MCD

jonwayne02 Updated 

Looks like a breakout from it's trendline... looking for a dip to settle above the trendline to confirm - might be a good entry before a run up to ATH - that scenario would create a C/H. NASDAQ:CFLT

jonwayne02 Updated 

Appears to be a C/H approaching 2016 highs and shortly after ATH's. Earnings Nov 3 could give this thing the boost. NYSE:CVS

jonwayne02 Updated 

Projecting a path for $MSFT... a retrace to a 0.382 fib level (the 0.382 seems to repeat frequently) and a gap fill down gets me to an entry point on top of a nice vol shelf. A bounce off these levels starts to form a possible bull wedge. NASDAQ:MSFT

jonwayne02 Updated 

Consolidating into a wedge - watching for break out of wedge and/or break below 100 day/vol shelf levels. NYSE:TWLO

jonwayne02 Updated 

Corrective break is fine. Trendline break I get concerned. NASDAQ:ETSY

jonwayne02 Updated 

Possible bull flag forming. Strong bounce off 0.382 fib level - gave new support level on up trend channel line. MACD/RSI turning positive. NASDAQ:NVDA

jonwayne02 Updated 

A dip on $MU looks tempting here... big vol shelf, C/H, testing ATH's... NASDAQ:MU

jonwayne02 Updated 

Following the $HD trend. $RH at bottom of channel with RSI/MACD turning positive running towards earnings Dec 7. Buy the rumor sell the news? CAPITALCOM:RH

jonwayne02 Updated 

$MTCH at support level and in a channel lined up with MACD and RS - tight S/L NASDAQ:MTCH

jonwayne02 Updated 

Watching $docu for an entry - seems a collision with 200 day on the daily chart is inevitable. Interested in what it does afterwards. Possible squeeze along support into a bull flag...also fits nicely into vol profile support and fib levels. Or perhaps a continuation within this channel...that means breaking the 200d and further downside...? A break above that...