NSE:PFIZER is in a ttm squeeze with increasing momentum which indicates it could give a big move anytime soon. All the EMAs are stacked up and volume has been increasing from past 3 days. So it's looking pretty bullish right now. It's getting some selling pressure at resistance but we need to see sept 6th candle to get confirmation on whether it's going to...
NSE:BALRAMCHIN is in a tight Consolidation near resistance. It is also in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon. If it breaks out then we could see it go 400-420.
Ticker: PYPL Notes: PYPL got rejected hard on that 21EMA and formed a doji on the daily. It's setting up for a base rally formation along w/ TTM Squeeze on smaller timeframes. We also broke out of this wedge and looking for a continuation. Key Levels: - Play the breakout of 21EMA w/ a target of 286-287 area (50SMA) or -Wait for a retest of this wedge breakout at...
UPS gapped down after ER and retraced back to .618 level and have been consolidating since. We forming a bull pennant and setting up for a mean reversion to the upside with a target of 200.50. We are also forming a TTM Squeeze on 4H, 2H, 1H and 15M. Gap fill potential if the squeeze fires. Average post squeeze run is about $8 move. Key Level: 192.70 area to...
TATACONSUM is in a narrow ttm squeeze and has a increasing momentum. It indicates that we could see a big move sometime soon. There could be two possible plays. A) it will breakout from the current level B) it will respect the resistance level and price will get rejected from here and will go back to 750 level support. If it gets rejected from the support level,...
NSE:MARICO is respecting the trendline and forming a bullish ascending triangle. If it were to complete the triangle, it would reverse from resistance or continue to consolidate while respecting the trendline/triangle boundary and breakout as it nears the end of triangle. It is also in a narrow ttm squeeze (cyan dots on SQZPRO indicator) with increasing momentum....
PLTR was a darling stock earlier in the year with the likes of Cathy Wood buying it at a high rate. It has since declined and has seen better days. Over the past 3 months or so PLTR has been stuck in consolidation as buyers and sellers seek to find whether or not PLTR is priced too high or too low. What we can look towards is how well PLTR did in their last...
-TTM Squeeze fired: (Weekly, A7) -Inverse head & shoulders formed -At breakout level -Above stacked EMAs and SMAs (bullish) -Has a gap to fill around 70.12 - 70.96 Contract Suggestion: 8/20 70C @ 1.50 8/20 72.5C @ .85 NYSE:TJX
-Wedge/Pennant formation -Long and daily candle close above $18. Contract Suggestions: VUZI 7/16 17C @ 1.05 VUZI 8/20 21C @ 1.10
-TSLA formed the 135 elliot wave and looks like we're gearing up for the wave 5 which is the next leg up. -Gap was filled below and bounced perfectly on that .382 fib retracement -We also have a gap above around 724 - 732 which could be the target -Waiting for a TTM Squeeze to form on smaller timeframes. -I'm looking at a month out expiration for options.
SBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.
-Wolfe wave triggered on multiple timeframes -TTM Squeeze forming on Daily -Pennant/Wedge formation -BYND is getting ready for a big move. We bounced off of the 200 SMA perfectly and using it as a support. Contract Suggestion: 7/16 155C @ 1.70 7/16 157.5C @ 1.38
DLTR has been trending and gapped down after earnings. It's been consolidating in this range and formed a pennant. We are also forming in the daily a ttm squeeze. I wanna see DLTR get above the 6day SMA and have the emas trend bullish. Contract Suggestion: BTO DLTR 7/16 100C @ .96
Despite ETSY reporting earnings that surpassed analysts expectations ETSY shares still slid as management expects the total sale of goods on its platform to slow in the second quarter as it faces tough comparisons to last year’s pandemic-boosted results. Based on the current price action I'm operating under the assumption that ETSY is in a downtrend. The gap down...
UBER beat its earnings estimates however, it missed on its first quarter revenues. As a result, UBER gapped down after its earnings report and in my view is currently on a downtrend and I would operate under that assumption until it fills that gap. Conservatively speaking I'm looking for a gap filled price that closes with a daily price of about $53. Based on...
Last week started out in the red but ended off strong, bringing in the possibility of a pullback over the next few days .The key support level that I am looking at is 4156.00. This is considered as the mean and over the past 3 months the market has showed a reluctancy to drop significantly below the mean over the daily time frame. If we penetrate the mean...
I think the chart should be stretched out a bit longer. But i'm quite impatient, and the charts I make are to illustrate what I would like to see ofcourse. Besides that, normally I don't include multiple pivots in my forecasting and generally think it looks amateurish to do so. As I think that requires constant adjustment on every new candle, which is not...
Ladies and Gentlemen Welcome to another edition of FrancoBlancos Dreams. The asset in question is Nokia and current Technicals are strong and indicating a very strong upward movement Long Term. $Nok TTM Squeeze BULLISH, with the chart formation confirming the trend. The stock is trading above the 10 Day, MA 21 Day MA, 50 Day MA, and 200 Day This confirm to me...