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FriscoTrades
Oct 7, 2021 12:03 AM

$AVID Volume Gap 

Avid Technology Inc.NASDAQ

Description

@avi417 Per your request, Avid looks like it wants to fill the gap it left from the beginning of AUG.

No trade for me here, but a break out of the resistance level $31 would have my interest with the volume pocket above. similar to June's price action, would want to see some consolidation then a strong break of $31 to imply a move up to $36 and close the gap.

Initial rejection of the $31 supply zone I see support at $28 .
Comments
TORNADOF5
hey , look on those pls
DELL
MTG
what do you think ??
thanks :}
TORNADOF5
that was not a request LoI but thank you ,i just was curious about your opinion ...
will try to find a good stocks :}
FriscoTrades
@TORNADOF5, I shorted AVID today : ) Current watchlist into next week is : JKS , ROKU, TSM, RIOT, LAZ, RJF, RTX, ORCL, LYV
TORNADOF5
@FriscoTrades, nice thanks , could be interesting to scan them on my scanner ,
yesterday i have bought some Dell stock but now i think his sucks will see where it will go next week (bought it only cus my old teacher told me <=>,<=>
have a good week :}
FriscoTrades
@TORNADOF5, I like Dell long term for sure, the weekly chart shows a Bullish MACD crossing, I think this stock could break out soon $130 by December given the market holds
TORNADOF5
@FriscoTrades, NRZ , look very good
FriscoTrades
@TORNADOF5, Maybe for the dividend, however no trade for me until it breaks $11.50 , I typically don't go long companies with negative earnings
TORNADOF5
@FriscoTrades, got you ,
thanks , i will look on earning to from now haha
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