ChaseMColvin

ChaseMColvin Updated 

AFRM appears to be breaking out, there was a lot of bullish flow on Monday for May calls. I like calls > 108 resistance - first target is 113, from there it can test 128, 140. SL at breakdown of 102/100 support.

ChaseMColvin

After a tough week for most of tech MSFT sold off and was able to fill the 312-315 gap below, with the current market conditions I wouldn't be too bullish on this stock until it gets back above the 323 resistance level. It's good the gap was filled though, it was overdue and now we can hopefully go long.

ChaseMColvin Updated 

AMD looks to test 152 resistance if it can break and close above 145, it's tested it so far in pre-market but rejected. AMD and other semiconductor stocks look really good going into the rest of this week, keeping my eye on this one as well as NVDA.

ChaseMColvin Updated 

Wastebook recovered pretty well recently & looks like it wants to continue to the upside, if it holds at this level it should be testing $339 resistance next, $347 could follow shortly after. I think this company is undervalued at its current market price but that's just my opinion.

ChaseMColvin Updated 

Watching RBLX, it has formed a symmetrical triangle, which is a Bilateral Pattern (meaning price direction can move either way) A break below 104 support RBLX could see a drop to $93 support - if price breaks above 113 resistance then it could test $120 resistance next.

ChaseMColvin

MSFT finally filled the gap above to 339 - if it stays above 343 it might just look to retest ATH's with the overall strength/bullishness in the market, specifically big tech stocks like MSFT, AAPL, and FB.

ChaseMColvin

If NVDA manages to hold above 310-312 - it should test 323 very soon. There has been lots of bullish flow on Semi-Conductors as SMH looks to retest ATH's.

ChaseMColvin

QQQ filled the gap down to $387.6 this morning, FOMC is tomorrow and things could get volatile. From this level QQQ can either break down again towards 383 support or move upward towards 393 resistance, we will just have to see how the market looks tomorrow.

ChaseMColvin

If QQQ breaks down below 392 support then I expect it to fill the gap below to 387.6 support next. 382 could follow next depending on the market conditions.

ChaseMColvin

Been watching this one rise from the dead as of lately, thanks Dorsey. If SQ can hold above $193 support it should be able to test the $209 resistance level next. I like this more for a short-term swing, rather than a quick day trade.

ChaseMColvin Updated 

Snow has had a beautiful breakout today, it looks like it can test $377 resistance and possibly hit $380+ by the end of the week. In order for this to happen, it must stay and close above $372 support.

ChaseMColvin Updated 

NVAX looks great; if it can break above resistance around $222, then it should be able to test 241, 258 next. The 50 EMA recently dipped below the 200 for a couple weeks at the beginning of November, it appears to have crossed and broken above the 200 EMA again, which is a pretty good bullish indicator. MACD looks like it has bullish momentum as well. With...

ChaseMColvin Updated 

On the weekly chart ROKU has seemed to find a bottom after breaking below the neckline of the head and shoulders pattern, support is around $222. ROKU has formed a doji candlestick which looks to indicate a bullish reversal, the daily chart appears to show a future MACD crossover which is also another bullish indicator. A break below $222 support invalidates this...

ChaseMColvin Updated 

ROKU got close to testing 221 resistance today, if it can break and close above then it can test 239 resistance next.

ChaseMColvin Updated 

Watch GOOGL for the rest of this week, as long as it holds 2,925 support it should test 2973, 3000 shortly after.

ChaseMColvin Updated 

There has been a decent amount of strength in China stocks again. If BIDU breaks and holds above $185 resistance, it looks like it should be able to test $200 resistance next.

ChaseMColvin Updated 

QQQ and big tech are very strong today, I see QQQ testing 400 resistance soon as long as it holds above 393 support.

ChaseMColvin

This morning ROKU gapped up at open above 221 resistance and rejected 239 resistance, but shortly after continued in an uptrend, forming a textbook ABCD Pattern. If you bought at the dip (Point C) or shortly after the price broke above 239 resistance, you got some nice profits and were able to ride all the way to Point D if you sold at or above 252 Resistance....