EA is creating a flagging pattern with a breakout spot around roughly $120. Once 120 is broken, there is a gap to be filled in the daily chart up until $125. It has already tested the 120 area 5 times, i think is bound to breakout up into the 125 range where it will meet resistance.
SPOT is oversold on it's hourly and daily chart on the stochastics as well as its bollingerbands. Its exceeded the high bollinger band on daily. The daily chart has shown declining volume on the run up. It has also run up into its all time high which will have excess supply on top of being overbought. I expect this to be a quick 1-2 day swing back down to the...
ROKU is flagging on the hourly chart, with a crossover of the 13ema going over the 30ema, being a bullish sign. This may be a short term price movement upward with the broader market toward the 125-128 area.
CODX has pulled back on decreasing volume, meaning the sell off doesn't have enough selling pressure to continue. It has now retested old levels of $16 and remounted over the 13ema, showing strength. My target is 24-25 for another push towards the previous high.
ZG has recently bounced up off its supporting trendline and has formed a bullish rounding formation. Target is $53 before the gap in the hourly chart, which will act as resistance. The 13 and 30 ema are forming a crossover, which signifies another bullish movement on hourly chart.
CRM has retested its prior breakout level of $165 and has now remounted itself for another push towards the high around $183.
CAT is in a downward trend, showing weakness in the RSI. Any thing below 40 rsi is bearish. Not to much support on this until the $90 area. Its forming a rounding pattern and may take a little over a week to hit potential target.
UBER previously broke out on news, since its pulled back to support. Today it remounted and looks like its going to make another push to $36 range. Grubhub takeover news
REAL has bounce after its downward trendline on the daily and weekly charts. This i believe will cause it to go to the bottom of the channel towards support at $11.
TWLO is really overextended on its daily chart. This is the hourly to give a more narrow viewpoint. But i was able to catch TWLO at the high today before the crack. It went green to red and confirmed the snapback to the $165 level at least.
AAL has been consolidating between $9 to $13, it has recently bounced off the low of $9 and is range bound to $13.
AMD is forming the handle of the cup/handle formation. It is going to make a push to $59 level. At that level it may consolidate or pull back another time before it can breakout above.
AA has all its moving averages converging, setting it up for a rounding pattern upward to the $9 level. It has been channeling making high lows and is now sitting at the bottom of the channel. Looking for it to make a move to the top of the channel where it'll find resistance
BYND bounce off the high with a failed breakout above $135 level. Selling pressure came in. Telling me this will run down for a couple days acting as a bounce of the recent high back towards the moving averages around $115 range.
INO is forming its rounding formation right before earnings after market close today. I believe its poised to run toward the $15 range on an earnings breakout. There is heavy open interest to the upside on the option chain, telling me there could be a break upward.
VIX looks like its going to continue to fall until the 200sma range which is right around $22.5-24, which will be a 12-17% drop. And volatilty has reached the levels it was before the virus pandemic hit.
Roku is forming a rounding pattern on the hourly chart, on the daily chart it looks like it should get there by this week. It is above its moving averages which will help carry it to the 140 range.
ZM has formed an island gap, which typically means the beginning of a multi day move. ZM due to the increased volume on todays gap up may propel it to the highs back at 177 range.