I know very little about CLOUDFLARE but I know a chart I like when I see one. This chart definitely have the candles that light the way to profitability. A nice reminder of what I learned from my mentor : TRADE WHAT YOU SEE or TRADE WHAT YOU KNOW? This is definitely a purely technical approach. Trade now ask questions later. This chart needs no complicated...
Who doesn't know NVIDIA? If you're reading this, all you need to do is dismantle your PC and you'll certainly find components inside manufactured by the semiconductor manufacturer leader. Although price is at rich valuations, technical analysis shows a price channel intact while consolidating for the past four weeks setting up for a Blue Sky Breakout. It's not...
Another beneficiary of the shift towards Telemedicine and remote health monitoring because of COVID-19. Company has been doing exceptionally well even before the pandemic with increased insurance support providing subscription to several Fortune 500 companies. Increased institutional participation observed with high quality funds increasing their position on the...
I posted an idea for TWLO two days ago and it looks like it's ready to continue its uptrend from a tight consolidation. It briefly established a new high today and the bluesy breakout set-up is potentially going ahead, if overall market sentiment remains bullish. This company has been on a tear since 2017 and has provided me a hefty 400% return since 2018. TWLO...
TTD went through a 10 day consolidation after breaking out from 316 to 370. Currently set up for a potential slingshot to hit 400. Price is looking strong holding its footing above the 10 day EMA. Fundamentals are showing accelerating revenues and expanding margins due to its resilience to the pandemic and mostly benefiting from the shift to work from home and...
Price recently broke out of a 4-week consolidation pattern above the 20-Day EMA. Prior rally showed momentum with ADX>50 on the daily chart MACD crossing up indicating the beginning of a price rally Price above consolidated with very little volatility above the Marubozu breakout candle with substantial volume indicating potential support of the level ADX/DMI accelerating
BLUE SKY BREAKOUT SET UP Another potential opportunity to profit from a company that's not only is resilient but also benefiting from the pandemic. Accelerating revenues and increasing market share serves as the tailwind for the company.
A system used to take advantage of assets that are in the middle of an intermediate uptrend or advancing phase. The objective is to find periods of temporary weakness or pauses within a trend that can be used to initiate positions. Positions are held from days to weeks with the goal of accumulation of numerous small profits. Blue Sky breakouts are different from...
Evening Traders, Today’s Technical Analysis – NFLX – confirming an S/R flip, on the verge of a blue sky breakout if local high gets taken out. Points to consider - Trend broke key resistance (S/R Flip) - 1.414 Fibonacci Extension Respected - RSI above 50 - Stochastics projected down - Volume climax evident NFLX’s trend has breached a key level confirming...
Evening Traders! Today’s technical analysis will be on Kimberly Clark Corp that has retraced from its local top after a clear bearish divergence. Points to consider, - Price retraced to the .382 Fibonacci - .50 Fibonacci in confluence with structural support - Golden Cross in fruition - RSI diverging from price - Stochastics in lower regions - Volume...
VIrgin Galactic another gap up day!!!
Virgin Galactic up 7 PERCENT SO FAR
Hello Traders! Today’s chart update will be on the S&P 500 Index which has clearly broken it’s all time high and now is currently in a blue sky breakout. Points to consider, - Overall trend bullish - Key resistance broken - 200 MA is support - Stochastics in upper regions - RSI trading in overbought The S&P 500 chart is has been extremely bullish by...
Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on...
I'm starting to think we may have a multi-day runner here folks. There's a solid channel with an strong linear support trend boosting these parabolic gains, and it just blew past 400sats before pulling back a moment ago. I'm expecting it to calm down for a few hours before possibly getting started all over again. Keep a close watch, be ready with stop loss just in case.
Never been a fan of LTC. One of the only btc clone coins, ahem, "1st generation" cryptos that succeeded past the mt box crash. LTC could've been in the same box as Quark in my eyes. Charlie still talks about script mining like that matters anymore. Oh, the code was tweaked to be mined 4x as fast? Hold on to your genius slippers, guys, lest your socks get knocked...