Pinterest has been consolidating in a long drawn-out bull flag since February 2021. I believe we are nearing the end of this corrective phase and have developed a shorter term wedge indicated on the chart. I am looking for a break above that wedge aka the $54 level to go long. Targets above are $58 and $61. It's important to note we have quite a large unfilled...
Anticipating Amazon to find a local top around the $3420 area and pullback into the indicated buy box. That's where I'll look to ideally go long. However, it's important to note that Amazon had an extremely strong bullish weekly candle last week, so we must take that into account going into this week. If $3434 breaks with volume, I will take it long looking for...
As long as the lows at $138 hold, I believe Apple has put in an EXTREMELY important wave 4 low. As most of you know, Apple can act as a market-wide indicator and typically is in line with the trend of overall market. Hence, if Apple dumps market dumps. If Apple makes an important low, so did the markets. With that being said, this week I'd love to see a break...
Tesla had an extremely strong weekly candle last week, and am expecting to see continuation into this week. Possible we see a slight pullback first, but I wouldn't try jumping in front of a moving train. I'm already positioned long from last week. Possible we see a new ATH this week... long term outlook still the same as it has been for months now.
This is my Track 2 trade that takes up 33% of my fund (excluding margin allowance) This trade currently is aligned to the greater market direction which is bullish/ranging. There also seems to be some positiveness in the reports with inflation cooling and businesses still retaining their workforce despite the Delta virus impact. Have to keep an eye on the market...
SPY is looking bullish. First PT $447 and second PT $There is a lot of strength on DTF
Fb is a risky trade but looks like it should reach $332 and reverse. If it holds next PT is $336.
Late in the day price managed to break out of this bullflag Tomorrow if indices help, NVDA will be a great play !!
Seeing price squeezing inside this symmetrical triangle, Worth keeping an eye on it and wait for a breakout
At the trendline of a bull flag if market cooperates today, we might see a break, otherwise this can go low to retest the bottom of the flag Either way i am watching this (favoring upside)
This chart looks really good and getting ready for a breakout, This could be a huge move, Being on the daily, might take a few more days to develop, but worth to keep an eye on
We have a clear descending channel breakout on the Daily chart. With market weakness we did not have a continuation today however above 83.60 we could see a retest of $90s
Weekly chart on FB, looking to reverse at this trendline. Also, take notice that at every reversal in this channel a hammer candle was formed. Could buy leaps or shares at this price.
I believe we are in a minor wave 4 correction and sp will soon see higher prices...2.618 would give us a target of 5k
Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
In these we have Strangles and Iron Condors setup so we're monitoring to make sure these stay in the middle of the range. If they breach, we can adjust. All of these trades expire Nov 19th. $UNG $IWM $CTRA $IFRM
Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
nifty goin up. absorption is going on make sure get out when it hits your channel @15mins