Said I would cover more stocks and here's a trade I'm in from yesterday. We have a Facebook long running and seeking that TP target. Trade details for current trade are shown on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is...
hard landing bears..... in 61 fibonacci level.... tomorrow FOMC meeting could impact furthermore the trend
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The S&P 500 Index (SPX) appears to be in a bearish flag pattern setup. This continuation pattern is seen with the 1st leg of declines from all time highs to a low around 4430. SPX consolidated a bit and now is attempting to break below the 4430 support. Completion of this setup should take...
This is an update for the previous chart. A Rising Wedge formed in November 2020, you can see that it has broken to the downside with a target retracement of 20% medium term. I opened up a short as soon as we broke the trend, one can play through each level of S & R seen on the charts. 3640 is the target for 20% downside. Buy resistance, sell support....
Broke down 23 fibo levels so this week follow 38 levels with odds for lateral movements in the zone....
Traders & Investors, SnP500 is standing at a critical level and is hanging by a thread. If this trend line is broken, there will be a danger of overall longer term wedge pattern to be broken too. 200 SMA is well below nearly 8% below the current levels. So watch out for stocks such as Google, Netflix, Facebook, Apple and Amazon for weakness in individual stocks....
Stock above EXMA 200 and still in uptrend and Trading volumes increase with rises and Stock is making higher low So you can buy target 48.9 stop losses 37.4 Good luck
Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 21.89 stop loss 17.95 Good luck
Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 65.02 stop loss 53.62 Good luck
Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 1.56 stop loss .85 Good luck
Stock is moving in an uptrend direction It tests the EXMA 13 and EXMA 34 So you can buy target 132 stop losses 120.3 Good luck
Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 12.3 stop loss 9.38 Good luck
Stock is moving in an uptrend direction It tests the EXMA 13 and EXMA 34 So you can buy target 567 stop losses 498.5 Good luck
Stock is moving in an uptrend direction It tests the EXMA 13 and EXMA 34 So you can buy target 315.5 stop losses 281.5 Good luck
Stock is moving in an uptrend direction It tests the EXMA 13 So you can buy target 16.6 stop losses 14.6 Good luck
Stock is moving in an uptrend direction It tests the EXMA 13 and 34 Trading volumes increase with rises So you can buy target 29.4 stop losses 25 Good luck
Entry details are shown on the chart. Working the H1 time frame on this strategy. We're only looking for TP3. Stock ideas is something I'll be covering more going forward. Can Netflix find the TP target today? We'll see. Previous trades shown on chart for reference. Trade history can be seen below this trade idea too for full...
.618 Fibonnaci level or 2960 is a crucial support for the stock. Also, it is respecting the 50 EMA. Less likely to breach.