$VIVE has come across our screen after the company received 510k approval of its Viveve System 2.0, which is its second generation product. This is a big development and explains why the stock is up 24% today. We believe there's a lot more room for $VIVE to run as there are gaps above that need to be filled. There's $1.50 to $1.84 and then $2.50 to...
This could go two ways here. We could reject the bottom of Wednesday’s gap, or enter the gap and possibly fill it up to the next resistance at 293. Stay Nuetral unless we enter the gap today.
Heya All my fearful and panic engulfed people, Things are not looking too good now, yet they will get worse before they get better. How worse you ask? 8.5K I'd answer.... how better you ask, and I''ll answer to 16K and beyond... Have charted this bull flag several weeks ago and looks like it is finally taking the shape that I am comfortable sharing. This flag...
Thanks for reading this post. For several reason it seems SAM needs to drop, we see from history that it doesn't like to leave gaps unfilled (see three thin grey rectangular shapes across the graph) and it currently has one at 366. There is also a 1.27 extension of the most recent impulse wave down from its high at 364. Using time symmetry (you can see it in the...
Simple idea. Triangle is ominous as these typically break thru the floor of wedge, although a rally is not out of realm of possibility, seems less likely every day. Fourth trip to bottom of the wedge usually breaks the floor. There is that gap to fill, which might occur Tues; if not, 1/8 gaps never fill, so maybe not a good bet IMO. Getting more bearish daily....
NYSE:ELVT Clear rectangle with bullish breakout, in which the gap could be compensated by a price recovery so as to greatly raise the Risk Reward. If it were to go to target could be one of those trades that make the profit of the year by covering a good part of the trades in loss so as to greatly increase the Profit Factor.
$REKR has popped up on our radar after 2 days of climbing the chart on nice volume. The stock is now trading above its 20, 50 and 200 day moving averages. Looking at the chart, we see that there is a gap that needs to be closed between $1.72 and $1.85. Judging by its history, we believe the stock can do it and then some. What's been pumping the stock lately has...
After breaking this really significant level around 1.11100, EUR/USD has become a really interesting pair to watch closely. Here we have two scenarios: 1- The price has broken this zone, went for a retest and now is starting the strong expected downtrend move. 2- The price might push a little higher touching the fib golden ratio and the trendline before starting...
The small gap at 9865 got filled, the next target can be the big bearish gap at 11599. The price can make a wick to top of channel. I have my own sell order at 11700 (maybe I lower it under 11600). Then price will go down to fill in the gap at 8488 in middle of Aug. In 2H time frame RVGI turning upward. This is just my thought. Don’t trade based on it.
July 4th Action & CME Gaps to Fill Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc! I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow. Then on the 4th of July when CME is close we gap down. There...
BIIB is up this morning on an extremely strong earnings beat and a guidance upgrade. BIIB has an upside gap to fill, with some clearance on the volume profile. That should make it fairly easy for BIIB to keep moving upward to 280 once it breaks decisively above 245.35 resistance.
We can see price action has broken back above the yellow horizontal double top neckline keeping us safe from a dreaded double top breakdown for now. We are also once again back above the top trendline of the falling wedge which previously had a fakeout breakout but this time around could very likely reach its breakout target(which from this spot on the wedge is...
BTCUSD setup for a swing to around 10k (or lower depending on the price action) Two things I'm looking at: - Weekly Pivot Point is coming in at around 12k on spot and 12.4k on CME's - Gap fill at 12060 Looking to take profit at the H4 200EMA, currently 9800 on spot. Will stop out of this trade if CME's closes a H4 candle above the weekly pivot point (12.2k-...
We have finally reached a 31% correction here when we dipped into the upper 9k region...odds are good the 1hr/4hr chart h&s pattern is really a decoy at this point as a 1 day chart falling wedge is starting to take shape more and more as the candles progress and is starting to seem more valid. We have also filled the highest gap on the cme futures contracts on the...
See annotations and refer to linked post below.
Just a quick observation. It may be possible for the correction to end sooner than expected. Another perfect opportunity is on July 5th right after the July 4th Holiday to not only fill the CME Gap but also bounce off another closely watched trendline. See target area. So, to upgrade my weekly update it is very possible for this correction to finish as soon as...
Classic bounce into resistance (bag holders) after half-way point bounce. Of course it could break through, and create a massive squeeze, but we are talking a shit ton of volume would have to come in to overwhelm. Short all the way to gap-fill
$SNCR has been one of the most beaten down names in the tech sector. The stock once traded as high as $52.50 a share before starting its long descent. Now, things look to be turning for the company and its stock. Roth Capital analyst Richard Baldry initiated coverage on the cloud-based enterprise computing and messaging specialist with a buy rating and a $13...