Premarket upgrade for NVDA and the stock is attempting to break though Fibonacci Gp resistance. Very little resistance above $550, fast move to ATH possible.
The 5G rally may just be beginning and QRVO is a major player within that sector. The stock is now just below our previous target and we see much more upside ahead. First main resistance now is the rising channel trendline (blue). Second level to consider is $145 where we have a strong confluence of Fibonacci expansion levels. Above which we have $150 - $155...
EHTH has entered a considerable gap in the chart, which may aid its recovery, $112 is the gap fill target but resistance also sits at $96.50 & $103.75. RSI is now at 75 so some consolidation may be required to work off the overbought conditions. volume is also declining despite price rising. So be ware of the bearish divergences that exist.
Dominos enters earnings at a ATH with record demand and high sentiment. That was also the case in April & July and on both occasions the initial pop was given back quickly, will it be a sell the news event once again ? Indicators also suggest that the stock has a decline coming with peeks in the Stochastic and RSI been good guides in the past. We believe the...
VISA has reclaimed the 50ma as support after a sharp decline with the market in September. As earnings approach we expect a run up into the event as VISA continues to benefit from the surge in ecommerce due to Covid. MACD has just completed a bullish crossover Histogram is positive RSI rising and room to run higher. Old channel may act as resistance to any...
Alert set for a break above $229. Indicators remain bullish, but stock needs a spike in volume to clear Fibonacci resistance. Uptrend remain strong from 17th Sept low. A bullish market could see a return to previous highs.
Potential opportunity to long on a move above the 50ma @ $341, which also sits in confluence with volume shelf resistance. A break above and we could get a fast move to $348 with $360 as Fibonacci resistance .
Potential upside targets for FSLR after making a nice break above local downtrend yesterday. Indicators bullish. Sentiment and momentum strong in the sector .
REGN making some moves in the pre-market, but care needed on rash entries. Multiple resistance factors to cross before risk \ reward improves. 50 & 100ma's 2015 pivot point @ $605
DIN on the watchlist if we get stimulus passed, stock is already in potential bull-flag breakout. 10% upside to $64.00 as first major resistance
Potential Bull-Flag breakout imminent , dependent on stimulus approval. Alert set for $29.75. Upside target $32.00 short term $35 longer term Indicators in very bullish reversal Golden cross complete
Potential day trade setup, very much depends on positive stimulus news. Local downtrend broken . Target $11.50
after a 10% slump post earnings the stock may offer a reversal trade opportunity, having filled the Sept gap. All major MA's are now resistance to consider. $50.00 would be a potential target to downtrend.
Super bullish setup developed in SQ, stock now back inside the long term channel, with September high as resistance. Alert set for break above $172 for entry with the Fibonacci expansion levels as targets.
Very well defined resistance at $133, alert set for $133.50 for a potential long entry. Stop loss below $128 Target price $141 Slight hidden bearish divergence on RSI.
Today could be the day that the Fibonacci resistance gets broken. Alert set for move above $174. Target $195-$200. resistance is weak above with limited price history.
Sorry for poor quality but I am practicing with the publishing tools.
Despite its best efforts today, a rally was not possible with so much selling pressure coming from big cap tech and the news that the POTUS had contracted COVID added to the instability. On the plus side no real technical damage has been done , so far we have had a routine retrace to the .382 Fibonacci level while the local uptrend is also intact. Monday...