As funds sell the big winners this may have more room down, thin volume that can find support around the 270.00 area.
We have a fantastic opportunity to end 2020 with a bang, and I am going to explain how you can turn $2k into $20k the final week of December. First I want to wish everyone a Merry Christmas and this post is my Christmas gift to you. We will either loose $2k together or make an $18k profit together. There is risk but in my opinion the reward is so significantly...
This is probably best as a long-term swing play, but due to the cost a leap or bundle of shares is accessible. Here on the monthly you can see it would be a break of the downtrend, monthly resistance, and .5 fib. Holding over this level could see big continuation.
We've traded this recently and its bounced around in the 94-102 area but has shown strength in pushing up and out of that level. This could be traded over the psych level of 100, but looks to make a huge breakout over 103.80.
Reliable rounding bottom pattern should result in a completion up of the right side.
I really like this ETF NASDAQ:CLOU and now is looking good. Is one of the leading tech industries due the higher demand for online solutions for everything, and I believe that is just getting started. It broke out of a symmetrical triangle with good buying volume and now is testing the 20 day MA with low selling volume, for me that's a good buy signal. All...
CRM has gained 48% this yr or 50 bil market cap into a total of 200 bil. The gain is a small potato compared to the new market darling such as SNOW, DASH, AI and ZM, PTON, ETSY, CHWY. It has the disadvantage of a large flow and low short interest so it's not a cult stock. So it acted like all mega-caps like AMZN AAPL FB NFLX with large flow and small short...
Growing account pick. After a great earnings response it has sold off pretty violently, but has likely found support at a long term trend line and .5 fib. Over 12.00 should see continuation.
This has moved well and been a nice trade up from the 90s and looks to continue beyond the psych level of 100.Confluence at the fib and VPOC at the 103.50 area can serve as a first target, second above at 110.92.
Monthly Strong uptrend Volatile Divergency = overheated. Weekly Downtrend Strong Sellers = not a good time to open Daily I recommend wait and better buy from SR level ( 93-95 OPEN 95 SL 86 TP 140 RR 3.5
Nice inverted head & shoulders setup, ready to move out of a high-volume congestion zone. Would make a nice swing with Jan 2021 160c at 1.90 currently.
DT is coming out of golden ratio fibonacci and good cloud / app IPO if you follow APPN, DDOG, and several others. Looking at upside here once at positive earnings/ profits from work at home crowd. NYSE:DT DDOG APPN
Big break over this level, fib above slightly but price action has hit resistance at 308.
Good over 195, great over 200. Strong name with potential to run in sympathy with cloud names like $WDAY reporting this week.
Technical analysis From October 19th, we have seen a 26-trading-day downtrend. The second attempt to break the trend was at the 38.2% fibonacci retracement level, which failed. We are now trying to test the same downtrend line (Red arrow), while also testing the 61.8% fibonacci retracement level. The 50sma which is converging with the 50% Fib; which seems to...
Back in the consolidation zone, breakout lead to a nice move last time.
Right below the fib, will be watching closely for a run up and through the gap.