Hi Traders . News are out . You see my targets and exit strategy , You also see that I'm trying to time this one to be honest just for fun , , This will not affect anything . Just because some indicators are developing my entry its little lower and I my be playing with SL a little . I might run part of my trade longer . depending on how is this...
i guess the santa rally is coming?
Typical gap fill play, although i'm late to posting this, I entered at 23.00. You could wait for a retest of 23 or shoot for the gap fill.
(see purple box for gap area) if we can get past 103 (100% fib level) we can see 119+ (141.40% fib level) long above 103
CRM has consolidated for almost 3 weeks, after gapping down on the news it had acquired Slack (WORK). Risk reward ratio is around 3. A potential test of the pre-gap candle lows might be in place before attempting to reach the 50sma, and subsequently the top of the gap. OBV line has tested and is now respecting the line that was made before the gap higher.
FDA provides preliminary approval for the drug filgotinib not approved, Galapagos will now assume full responsibility for filgotinib in Europe. Gilead will pay EUR 160 million to Galapagos to accelerate commercial activities in Europe. The gap from 19 march 2019 is filled....ready for the turn up..... what do you think?
Here as you can see the market is at a very critical area, which is a strong resistance zone. --> Our target is to fill the gap at (220 pips). --> Our Stop Loss both covers the previous high and gives an extra breathe for the market to reverse. --> Risk to Reward is at 1:4. HAVE FUN & HAPPY PROFITS ! ! !
this thing got ripped to pieces on that $work news two weeks ago. $222.68-$236.75 gap fill. see fib levels from 23.6% to 38.2%. i will be waiting to enter to ride the wave back up.
Thought I published this yesterday, was thinking that the gaps on this might get filled. Not overly optimistic about a run down to 20.35, let alone the one below 20, compromising with an order for a few. Tiny starter position at 20.55 for 14 shares, might just say screw it, we may get get some more bearishness tomorrow or the next week, but as we close in on the...
FSLY has been consolidating at the bottom of the gap since the negative TikTok news. TikTok seems to be behind us and FSLY is ready for the gap. If we have relative high volume, we break into the gap. If the QQQ is selling off, we may have to wait for next week. Break out above $99.50. Price Target 1: $123 (Bottom of the breakdown candle) Price Target 2: $131...
$CRM - GAP FILL AFTER INVESTORS DAY AH, EXPECTING A STRONG MOVE ABOVE 230 TO 250 AREA
NYSE:BA a better place for trade is once it fills the 250s gap and closes above it. Then it has resistance at 300 (Gap# 2) and a better profit margin. In fact, it can go to gap# 3. easily. Play strategy - Buy around 250 with SL 235. Hint: Stop loss calculation Buy Price - ATR * 1.5 . - Take capital out around once reach 300 (gap# 2) and leave free money...
In this chart I have outlined the point in which the 50 SMA is crossing the 200 SMA (to the upside) this usually indicates an uptrend. Using that to my advantage I have also found a gap fill in the chart that could be a short term trade. I would expect some sort of consolidation at around the gap fill area and should it therefore continue past the gap fill the...