Amazon appears to be stalling at the highs. As the sp500 moved higher big tech seems to be stalling out at the highs. This is usually a very good sign that a major market crash is down the line (this year). Over the next few motnhs we are going to see huge swings/volatility in the market and amazon is going to lead the way imo. I will be looking to short the...
NYSE:TWTR Twitter has broken out of the pitchfork with bearish confirmation and is headed down in a downtrend. Price has crossed below the 200 TEMA and is approaching and testing S1 at 65.60, if it is able to get through, It will head to the neckline to return to the pattern at $61.30
Amazon stock has largely been trading sideways for the better part of 5 months, I've noticed this symmetrical triangle pattern which failed to break to the upside on February 2and. On February 25th a daily candle closed below the trendline support of this triangle. After a fall down to 2878 AMZN will likely look to retest this trendline as resistance. If we...
Amazon has no support, and looks unable to regain position in this wedge. I would not be surprised to see a fake breakout to the upside before the inevitable drop.
AAPL is forming a nice falling wedge after weeks of downtrend. Should the 119 area continue to hold, this area is attractive to add long shares and leaps. Below risks a re-test of 116-117 area.
Potentially 15% downside risk from $70 level if the H&S is confirmed. We are below the 50d MA on the daily - not a good sign.
Could be a nice w-pattern forming, which would break us out of this falling broadening wedge. The higher low would confirm the W. We got rejected at the 50d MA just recently, but we might test that again soon.
wedge breaking out, lets see if they can push above 128
(a) is the 50MA, it can be seen to be curling upwards and the comparison point (a) shows this ends in a bearish outcome (b) is a similar points on TSI where I expect a reoccurrence of the pattern in oval to occur, likely acting bearishly. As i have said before, assess the situation based on impact 2008 banking crisis the market collapsed 2020 COVID? Upward...
AAPL will touch the $160 mark.... but only by 2022 in my opinion. This is a great long term hold, and I have been swing trading AAPL often. I have been keen to build a long term position again, previously targeting $113 as entry (in the meantime I swing traded AAPL from 121 to 125). But, seeing the weekly chart, and continued weaker market sentiment, I feel this...
The sharp pullback after earnings may be in. Having built a small base it looks ready to make a move back to recent highs. Thin volume area above that it can move quickly through.
Gapped up with unexpected subscribers figures on Wednesday. Please keep close above the resistance line 568 and the next support would be the gapped up bottom 556. Hope NFLX would be able to outperform on FAANG. Finger Cross.
$NFLX ripping off earnings makes me very bullish on the rest of blue chips. Want to see price retain it’s upward momentum here - break above $264 opens up the following targets: TG 1 - $268-$271 TG 2 - $275 TG 3 - $280-$283 Invalidation - $248 Timeframe is within the next 1-2 months
Hi guys, here is my setup for shorting NASDAQ:TSLA for next week. As you can see NASDAQ:TSLA formed distribution channel where is traded several days.After inside bar at 19.1.2021 (on daily chart) bears defended level 861. Today, it seem there is the brakdown of distribution channel and beggining of markdown phase. There is data for my...
Broke out today off $NFLX earnings. Looking for more. Target 1 - $134.63 Target 2 - $137 Target 3 - $140 Invalidated under $131.30 Like & follow if you want more of these :)