*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Today my team entered Redbox Entertainment $RDBX at $10 per share. We set an...
we entrained a consolidation mode the moment we met with our RS level around the 13.50$, and holding above the current support above 9$+, which show us that there's a balance between the selling pressure from above and buying pressure from below, we will confirm the strength of either side by over coming the resistant above 13.50$, which show us the potential...
I am new to this, but I really enjoy it and would love any feedback. This is not financial advice. This analysis is based on the Elliott Wave Theory. I think you will see one more major move up before watching it fall to the ground like a dead cat. This is based on the 5-3 theory and considering that this is a psychological play more than a fundamental play it...
Hi traders, Our trading idea today is in RDBX stock. The idea is to wait for the stock to go down to the support level of $10.5 and from there take a starter position and build our position when our idea seems to be realized. We call the trade the "Red to Green" trade. Good luck and a green week to everyone.
Redbox´s rise from February lows look like a leading diagonal, which is the first step of a larger impulsive cicle. Currently I´m considering that we are finishing wave A of the correction, which was a pretty steep one, reaching 50% retracement. It´s still early to make projections on the correction, since the behavior of wave B is most relevant. The end of...
Hello friends. Apparently, the short interest on this stock is over 200%. Gamestop didn't even have nearly this much short interest before it began the squeeze. Not to mention, the stock market is expected to rise through the end of the month, giving this rocket even more fuel. However, it's important to not be the idiot left holding the bag when this is all said...
Bought 30 RDBX July 15th $18 puts will add each $1 rise in share price looking for move back to $14-$16 range
Short analysis of RDBX stock, which is currently trending on high momentum. Stock provides a lot of opportunity but also a lot of risk. Personally i am not going to participate in this kind of stocks, because they are very risky. I hope that my analysis gives you some pespective and knowledge. I am not a financial advisor or anything financial. i am a retail...
Broke out of a flag after failing to close the gap up. Bought a very small position incase it breaks out again. Will add more if it touches the bottom of the new flag thats forming.
Before, I brought up the head and shoulder on the RSI for the 1D candles. Today it’s at 65.05 on the RSI. With super bullish being considered 65+ and the head of the rsi is at 85. There’s still room for it to run before the head and shoulder is out of the picture. There is a lot of hype about the short interest that still could drive in more buyers. With more...
Headin ashoulders pattern on hourly. Reistance around 7.22. If we don’t make a big move soon , this would head back to 4.94 support neckline of head and shoulders
High volume bullish candles the past few weeks. On watch for the next few days.
If we can contiue to hold above 2.88 could see ourselves setting a 1 hour W pattern and confirming this 2.88 neckline of the W as support. I’m entering in on this. Starting to make a postion. My expectations is to come up to test 4.20 area as well as potentially the 5.50$ resitance level. Stoploss below 2.76 as if we lost and closed below that we would have to...
Soo watching this failing wedge that brought us down to retest the previous channel upper resiatnce before the big rip. It just hasn’t been acting very strong. As long as we are above 520 we have a chance to double bottom on this support. Howver it sort of looks like either a bear pennant or symetrical triangle both which have a bearish move into it. Multiple...