We are inside the weekly range and coming up on the prior high. DECISION TIME. What will SPY do next? Sellers need to come in here at the top of this range if there's any chance at shifting the trend (LH,LL,HH,HL). If bearish bias, I would consider the top of the range to be low risk . If price moves above the prior high, price has plenty of space to try taking...
$APPS still running strong.
Looking for consolidation around 81.5 area or a retest of .5 fib @ 75 area.
Swings still looking great. Watching for a break of HOD @ 84.00 or a break of LOD @ 79.73. Adding monthly swing positions at these levels;
C > 84.00 P < 79.73
Target for breakdown: 76
Target for breakout: 90
SWING
PURELY EDUCATIONAL AND ENTERTAINING MATERIAL
$SNAP consolidating right under ATH prepping for breakout.
Personal use:
Calls can be played 15min close above previous HOD @ 80.10 would likely bring us to test ATH and maybe break through to establish a new all time high! A 15 min candle close below .786% fib @ 78.49 or a break of the previous days low @ 77.46...
PURELY EDUCATION AND ENTERTAINING MATERIAL
Personal use:
$LYFT looks prepped for a breakout. Calls can be played on a break of two major pivots.
First one is claiming the .618% fib level at 55.81 using 5 min. The greater of the two being the pivot at previous HOD @ 56.14.
A 5 or 15min candle close above the levels is bullish (short term). BUT a 15min candle...
THIS IS PURELY EDUCATIONAL AND ENTERTAINING MATERIAL
Personal:
$AMD looks to be on the verge of a breakout. Breaking through the daily trend-line would be the first pivot into testing previous HOD (high of day) @ 106.86. & A break on the previous HOD would likely bring us the possibility of pushing towards the .382% fib @ 108.29. A 5 min candle close above...
