Snapchat looks like it will be in a corrective phase for the next year. It may be worth a swing trade at $20, where the longterm support trend line lies, but longterm it should test the $13 range which coincides with an open gap and the .786 retracement of this larger degree 3rd wave.
Nice gap fill on oil this morning creating a good long opportunity here on hourly chart.
Snapchat has probably peaked in terms of its popularity. Yes- a lot of us use the app. Including myself. But what do they really do that is hard to replicate? All of that aside, technical analysis says this stock is overpriced. Bearish double top. Massive gap down below that has already broken. I originally meant to share this last week. It has also lost both...
I like the chart on this one. Might retest 11-11.50 support before climbing its way up to fill the gap. I would like to see this one hold the 12$ area, create a new demand zone there. If the war doesn’t escalate (I genuinely hope so) I think the market priced in the rate hikes. So we might get a direction soon. Good luck traders!
With price showing willingness to move lower, this is the current idea. Mostly for my records and review
Another example of SPY filling it's GAPS. Back to Back days to be specific.
Pre and After Market gaps can be a good way to analyze a chart and profit big when day trading
GBPAUD is Falling in the direction of the trend AND closing its weekend Gap. This are favorable options for selling. I've done this trade in my live stream and we hit TP1. we are currently on the move to TP2 and its not to late to get some pips. TP1: 1.85550 TP2: 1.85250 Stay safe in the markets this week! It's an extremely high volume market already this early...
SHOP Thursday put in huge reversal candle w the rest of the market. Above average volume on the day. RSI bullish divergence noted. This looks ripe to test breakdown candle high in the 730 area, and then if it can really get going it can fill the gap up to 840. I saw a lot of 03/18 calls come through yesterday and today too. You could look for 03/18 800/840 call...
Yesterday was an epic day for FB, posting a 4.61% gain amid heavy geopolitical tension. Here are the key levels to watch for FB going into March’s trade: GAP, $309.53 to $248.00 2020/2022 78% Retracement, $190.55 Here's the trade: 1) Buy $205-$208 2) Stop out point at $189.00 3) Profit target anywhere in the GAP. The conservative upside target is at...
Gas has shown a good behaviour of gap filling so this setup is reasonable but afterwards long setup is what i have in mind
Might possibly have a bounce to fill the gap. __________________________________________ 2U, Inc. engages in the provision of education technology for nonprofit colleges and universities. It operates through the following segments: Degree Program and Alternative Credential. The Degree Program segment provides technology and services to nonprofit colleges and...
Bull gap BELOW current SP - 6.3 pips 15.92 ; 16.55 Bear gap ABOVE current SP - 12.4 pips 18.63 ; 19.87 Personally, I am bearish short term, expecting to kiss that lower gap and possibly fill it before a potential bounce back to the upside. Possible Wyckoff Distribution setup was forming on 1D prior to earnings. Personally took a puts gamble on earnings. I have...
SDC has been trading within this box since December. If it breaks out of the box with volume, it could be a could opportunity to ride it up towards ~$5. Just something to watch for. If it doesn't do it then I am not touching it.
Long term technicals don't look too good right now, there is a gap that still needs to be filled and that is what I am expecting is going to happen. Currently at the Monthly SR level and volume area, but seems to be rejecting it. My logic is that is will go to the next volume area, possibly bounce off the weekly SR level.
Ford has a gap to fill at 15.92 and a massive head and shoulders that coincides with even lower targets but first things first. Any short positions should be long term as there can be natural retracements up along the way down.
Hello Friends! Can this be a slow bleed to fill Bitcoin’s CME gaps? Bitcoin has already filled one gap between $32k-$34K. Now there are still two open gaps. -$24K-$26K -$18K-19K It’s still on a downward trend with week over week lower trading volumes. Maybe it needs to continue to follow this trend to fill the remaining gaps before we see any meaningful reversal....