Beyond meat is back on the watchlist again. Technically it has acted perfectly, the latest rejection took place at a level of confluence between a Fibonacci extension of the march low and the .787 retracement of the entire structure. I have alerts set for $192 & $199 so as to get ready for a break above $200 setting up a run back to the all time high. This...
Potential long setup on the reclaim of the 7ma. Some caution required as we are approaching a very contentious election, where China will be front and center of Mr. Trumps tweets. Ramblings this week about ANT Financial did not help BABA's attempted breakout. Day trade possible to $310, but safer entry on the next breakout, with $340-$350 as target...
Its difficult to see what will drive GOOGL higher while its FANG partners struggle. Bulls will want to break above $1588.02 to assert some control, while Bears will target the gap at $1529. Alert is set for $1613 above Fibonacci Golden Pocket.
CARS jumped today on improved guidance. Volume was impressive but care needed as day traders quite active. Don't expect a moon job. Targets as per chart and support at $9.50.
On what has been a very volatile week for the market NBEV has managed to break the long term downtrend, although not on particularly great volume. Alert set for move above daily resistance @ $2.34 Targets $2.45 & $2.60
What was previous resistance held today as support. We have the rising channel trendline & the Fibonacci .618 zone. If those levels give up $322o is in play. Above $3364 is a possible level to consider a entry, but care is needed as the media and politicians are hunting big tech once again. Inclusion in so many ETFS means 1 hurts all.
Selling continues and the stock is now down 30% from its highs. Insiders have dumped millions of shares in recent days to compound the misery on retail traders. The 50ma will be touched on Friday in conjunction with the June Pivot Point, if that fails to ignite a recovery the Fibonacci Gp at $41.00 is in play. INSIDER SALES MURRAY STEVEN...
So far its nothing more than a routine pullback. We have Gap Fill support at $265. which is just over a 5% pullback. Lower support sits at $260 on the rising channel.
Really terrible day ahead for FSLY investors, so here are the support levels we are watching for today. $85.33 is Fibonacci and Monthly candle support. $81.63 is the 100ma. $79.37 is the Fixed Range POC $75.00 held during the September selloff and may very well get tested once again. Hopefully we have seen a over reaction on what was already a negative environment.
Decline looks likely to seek support much lower than current levels. Levels to watch today. $3455-3443 where previous Fibonacci resistance may act as support. 8MA also sits there as is a gap fill. $3425 was major resistance in September and should now act as good support.
LXU has broken powerfully, from a nice falling wedge. potential Golden cross imminent could bring more buyers. Targets as per major pivot points . Speculative stock so trade with care
Potential long on a break above the 50ma, dependent on volume. Stock has bounced off the Fibonacci pocket. MACD , Histogram & RSI reversing. Speculative so care needed.
Potential long entry above rising trendline. 50MA now support. Indicators in bullish trajectory . Target $7.50 for 10% upside.
Potential ascending triangle breakout imminent for CRWD. Alert set for break above $154.50 where volume will determine validity of the move. Perfect channel in play which offer resistance in confluence with Fibonacci expansion and extension levels @ $175. $160- $163 shorter term targets
Historically the stock has performed well pre earnings and as gaming enters a super cycle this festive period the gaming stocks could be fruitful. Alert set for break above the 50MA and local Downtrend. Potential target short term $142.
Could see a potential run up into earnings in the gamers. New product cycle hitting the markets . Indicators in reversal and volume starting to improve. Bull-flag breakout imminent. Targets $ 87.50 - $91
NIO has acted very well technically and outperforming its USA cousin TSLA. Still within a beautiful channel and breaking from a Bull-flag. Resistance to watch is mid channel and Fibonacci expansion levels. Major target is $26.50
Potential day trade setup for MSFT back to ATH. Alert set for break of resistance @ $225 Price is resistance at $229.42 Target $232 dependent on market strength