Get started

Gapup

Bullish reversal with a gap to fill aboveUpdated from the earlier idea with adjusted fibs. Where the extension from March to recent monthly highs aligned, I used that fib as marked entry. Solid uptrend established Still oversold on the daily Entry near the fib especially after a successful backtest as support would be a solid entry. First gap comes from a large space in which there was no candle closures since the gap down; this may not be a technical gap down but may have an impact on price action. The true gap is small and marked within. Either way, this should make a nice move upward through that space.
NYSE:SELong
by SpinTrades
NASDAQ: Daily Next Support $9838 and $9018There is a 9% price drop until the next support is hit. Most recently on Friday the support at $10747 was hit and there was a slight bounce. The expectation is now some sideways slightly down action. If there is a 50% retractment to 11k it would meet expectations. The green lines on the chart is the daily gap up and shows support. The next support is at the minor high of of $9838, which comes right around a nice $10,000 number. "Nice" numbers are more psychological and they provide support and resistance. If you see there was a nice gap up at $7,000 and from there there NASDAQ never look back till 12,000. Enjoy all the Support lines. :) P.S. This analysis was mainly done in conjunction with my podcast where I explain Support and Resistance using Gap Ups and Different Time Frames Below is the hourly Chart Analysis:
NASDAQ:IXICShort
by HaleyZhao
BOT Ready to GAP(ASX:BOT) Botanix Pharmaceuticals Limited is a clinical stage synthetic cannabinoid company based in Perth (Australia) and Philadelphia (USA) committed to the development of pharmaceutical products that are underpinned by science and supported by well-controlled randomised clinical trials. Technicals: Shaping up to GAP - Ascending Triangle Pattern - 10/20 MA Golden Cross - RSI Bullish + Above the 50 - MACD Bullish and Spread - Fractal Target 1 lining up with Previou EQ and 0.236 Fib Retracement @ 0.081 - Fractal Target 2 close to another Resistance level @ 0.095 - GAPs Present @ 0.14 - 0.234, 0.027 - 0.029, 0.034 - 0.037 - "Golden Pocket" 0.5-.618 Fib Retracement sitting within 0.14 - 0.234 GAP - Stop loose @ 0.042 Fundamentals: Undervalued, Debt Free, +$20 Million Cash - Multiple Phase 2 Clinical Trials underway with FDA Meetings successful for there Cannabinoid Products. - Antimicrobial Study Phase 2 to be completed 4th Quarter 2020 - World Class Board of Directors & Advisors with Key Experience in Management, Research & Development, FDA Approvals, Pharmaceuticals, Therapeuticals - Debt Free with $24.6 Million in Cash and Investments - Total Liabilities of $1.37 Million covered by $24.7 Million in Assets Technically and Fundamentally this is shaping up to be a great Trade & Long term Investment. My only Concern is how the effects of COVD19 will weigh on the Therapeutic/ Pharmaceutical Industry. Definitely a Sector and Company to keep watch of. Setups/Strategies should be based on Individual Trade/ Risk Management Plan These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:BOTLong
by Trader_Johnni
7
ADT OPTIONS | How To Play The Gap UpSimple Technical Analysis On ADT, Plus This Weeks Options Plays. With both of these plays, it will be up to you to secure profit. Do not trade this though, you will lose money :) Long ($16 Breakout): Premiums will be extremely expensive on the call side, important that we wait for confirmation or else we will get clapped quick from a rip down The Call: $12.5 Call 8/21 @ $330 avg Short ($13.26 Level): Premiums on the put side are extremely cheap for mainly one reason, the gap up. If played correctly, times like this can provide an amazing day trade opportunity. The Short: $7.5 Put 9/18 @ $12 Strictly educational purposes only DotcomJack
NYSE:ADTLong
by DotcomJack
Woah! This thing identifies SPY gappers!So previously, I released an indicator called "Bunch of Numbers", believing that it was pretty useless. BUT guess what? It turns out that SPY gappers (up and down) have pretty similar sequence of numbers. WARNING: these same numbers have also caused SPY to gap down!! A "Bart" pattern with these numbers at the end will almost always be a gap down. My methodology: 1) 3 minute chart 2) has to be within 15 minutes of close. Some of these only appear in the last 3 minutes of close. 3) 7's at the bottom of the screen signify that price is touching the 200MA on the 3minute chart. 4) There is no logic or reason behind why a number is labeled "9" instead of "5". It's just a label that the programming gave to a set of conditions. I could have easily labeled these candles with the alphabet 5) Like I said, these same numbers have been known to also GAP DOWN><
AMEX:SPYEducation
by ZombieStar
2
TSLA -!Only an Idea!-Alright so I've been looking at TSLA charts for a while now. Every day it seems it gaps up so i'm going to try an experiment with the Chart itself, so I could possibly start making a better strat to follow TSLA and all it's volatility and pattern breaking tenancies. For my first little test im just going to try to find where it tends to gap up every day in the morning. First idea is to see if it gaps up to the HOD from the previous day every time. Remember if you'd like to join the Trading group message me. It costs money so be prepared if you're going to join.
NASDAQ:TSLA
by GoEasyScoobs
1