Using @KioseffTrading BB Optimizer on SPY, really loving the data I am seeing on this. SPY is seeming to have a hard time currently at $410 and the BB optimizer has an exceptionally well win rate %, will be eyeing this down for an entry in the near future using this optimization tool!
All time frames have touched the bottom BB and this is possibly ready to move to the upside. I placed a red line where the Daily Bottom BB is now but just know its already hit it and not neccessary for this to be touched again.
SAND Short Setup
Please noted this setup is HIGH RISK because its already hit fibo 1,68 (Take profit of sell momentum area)
Sell market high risk
Sell limit 4.2082 - 4.3809
Always do your own research!
BlackBerry - Short Term - We look to Sell a break of 8.38 (stop at 8.97)
Previous support located at 8.50. The primary trend remains bearish. The trend of lower highs is located at 9.50. A break of bespoke support at 8.50, and the move lower is already underway.
Our profit targets will be 6.53 and 5.80
Resistance: 9.50 / 10.00 / 12.00
Support: 8.50 /...
Trade at your own risk.
My analysis is bullish. We've got a green week candle about to close above the trend line, the 100 & 200 day moving averages on the week chart about to cross, the Mac D & Stoch RSI on the week looking decent to pump, moving averages strongly curling & trapping on the month, similarly on the 3 month. My target would be 200 day moving...
BB has formed a familiar structure (in yellow) under this channel that can be drawn
A break out of this will send the bulls on a rally like the initial one
Lets see what happens, a long with no leverage would be the play on this weekly chart
Into the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a...
Blackberry (NYSE:BB) pulled back before the weekend, getting rejected by the $12 area and falling to about 10.9 on Friday. I think this pullback is a great opportunity to enter. I'm playing it for another BIG pop.
BB following a similar pattern as before with a long term wedge. No more room left for shorters and short squeeze is imminent. Whatchu think? Funny what seems obvious when you just zoom out far enough!