TEAMD trade ideas
Atlassian - 1W BBM TopAtlassian looks to be distributing based on volume profile.
Bollinger Band M top target is roughly $65.
Targeting $70 with March 15 puts.
Wyckoff Bollinger Club.
TEAM Is GOING DOWN? WINDOW AS RESISTANCEI SHORT TEAM Because it is near Resistance Level and H4 is Hanging Man and possible Bearish Engulfing is Forming.
Break Above Resistance Level should be your Stoploss.
Simplicity is It.
$TEAM - The trading system Equity Trend to go long todayToday at the market open (Dec 31), the equity trading system Equity Trend will open a long position in Atlassian Corporation PLC (ticker: TEAM)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
TEAM is way overdoneTEAM is at the top of the keltner channel here and can't get through, I think a major correction towards $55 is starting soon.
$TEAM ORDERLY PULLBACK TO 20DMA
EASY TO MANAGE SPOT
DON'T LIKE VOLUME PROFILE
DON'T LIKE HIT HI AND CLOSED RED
RED M, W, D CHART
RISKY TRADE BUT OVER 93.50 COULD MOVE
New trader looking for insightI am new to the stock trading game and I picked the absolute wrong time to get in on Atlassian shares, so if anyone has information on what's going on or what to expect, it would put me at ease to know. To my inexperienced eye, it appears that recent rises in share price occurred due to a speculative bubble which burst when the company reported average sales and it was undervalued by Morgan Stanley. Should I expect the trend to return to its original form, outlined by the green line, or will it keep going down?
WathSince it closes within the triangle, the story is different. It should move within the range and wait for more clue of directions.
