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...
What a puke of a day, as big tech took a battering while the dumpster stocks found some love. The cash register got rang after the initial rally failed at resistance and news began to filter through that stimulus for airlines was looking very likely. Monday could very well see further declines so as to fill the gap at $11177, with the possibility that 11000...
Horrible end to what was a turbulent week and in particular for large cap tech. Heavy selling pressure today in FANG and the SMH made any rally impossible. On reflection no great deal of damage had been done as we have just retraced to the 0.362 Fibonacci level and daily support. It is notable that the long term channel (blue) was touched and rejected once...
Potential Breakout trade today on the back of even more upgrades for CVNA. Confluence of Fibonacci expansion levels @ $256. should act as a significant resistance. RSI is quite high so maybe may need to consolidate and test old resistance as support before advancing higher.
Potential reversal \ support levels. $331.62 Gap fill $331.20 Previous Pivot $330.65 Weekly candle support $329.58 Gap fill close.
Whether you believe in TA or not it is hard to deny the significance of this ascending parallel channel, The stock is now just below midpoint and until it crosses we believe there is to much risk for a long entry. Alert set on horizontal resistance @ $372 where it can be considered for entry. Indicators are turning quite Bullish so best wait for a great...
HUYA has been a major winner in 2020 and is now attempting to recover from the September dump. Factors to consider - Falling wedge formed and stock within a tight range, Very Bullish Candle Thursday . Indictors attempting to reverse. 12, 20, 50 ma's may act as strong resistance . Support sits at $23.95 There is no long entry until wedge breaks, moving...
Beautiful reversal from the lows which is now sitting just below a 7.5% gap. Alert set for break above key psychological resistance @ $100. Upside gap fill target $107.64 Resistance is weak above so a rally to old highs is very possible.
Potential upside targets if the market can remain strong on Friday. RSI in strong uptrend MACD bullish cross above zero
Potential targets for Friday if the market can sustain the recent recovery rally. Now 20% of its lows there is still huge upside potential. Very low price resistance above and the move in TWLO afterhours may help the entire sector. The $230 pivot point is a key level to cross. Targets as per chart
Fearless Films, Inc. (OTCQB: FERL) Alert Price: $0.0394 Float: 18.65M Technical Analysis Fearless Films, Inc. (OTCQB: FERL) should be at the top of your trading screen! The company could become a big name in streaming content, and currently the stock is trading at less than 4 cents per share. FERL is an independent full-service production company is the...
PYPL on the verge of breaking the $200 level, which could produces a nice over teh coming days. targets as per chart. Indicators bullish with the MACD cross and short cover signal.
MAC in bullish reversal RSI breaking downtrend Volume rising Histogram ticking higher
Potential day trade as JD may very well move in sympathy with the ultra bullish BABA. Targets $81.50 - $85.00
High risk, High Reward & a shot in the dark. GM talks continue and I would imagine that they are holding all the aces. Sceptics will believe that why would GM want the stock price higher, why not pressurize the NKLA board for maximum value? unethical but business is business, optimists are hanging on for 1 piece of good news. This is nothing more than a...
The Bull case has been building , there is a notable swing in sentiment amongst some quite resolute bears, todays successful flight was a huge relief to long term bag holders, although details are limited. In my opinion $173 is a very significant level to break, where we have the sloping channel and overall Fibonacci .236 retracement resistance. The next level...
Todays Trade worked perfectly, profit taken at the Fibonacci resistance. Now onwards with the next setup. Alert set for break above $548 into a zone of very low price resistance, would love to see a rally to ATH @ $589 with $565 & $575 as interim levels to watch
Potential long entry on break from Bull Flag. Measured move target at @ approx $445- $450 Stochastic reversing and coiled