Broke out of a month long downtrend (Yellow line) yesterday on strong volume with the help of CNBC reccomendation. MacD is merging bullish OBV is merging Has room on RSI and MFI Targets are Fib (greenlines) stop loss at 51$
Had a bad earnings but it looks like is has finally stabilized with 123 as strong support. Possible breakout Monday, confirmation if above yellow line. First target is 139 fib second target is 147 gap close 3rd target (Long term) see if it can reenter original channel stop loss at 123 All indicators (RSI, MFI)are saying Oversold
Looking for a bounce off of low 27$ range to swing a 40% trade. Stop loss at 26.50
Yellow line (270) is resistance dating back to Nov entry at 274 stop loss 270 1 target 287 fib (near term) 2nd target 309 fib .. Gonna need some great company news to get through 270 and fulfill pattern. alert set on 272
They really snuck that money in the last 10 mins . Alert kicked in at 497 , i entered at 498. If the market holds up I expect a big week from adobe and wouldn't be surprise if some great company specific news arises. link to my previous post on this and explain down below. Stop loss at 495
Pattern outlined in - yellow lines. Target are fib - green lines Channel - white lines channel split - redline Might find some resistance at channel split around 158-159. stop loss at 152
Price upgrade to 70$ help push this break out. this stock is heavily shorted. Breakout - yellow line targets - green line
Tanked on earnings again. Dxcm is Currently down 20$ in aftermarket and if it drops below 385$ it will be below 200ma ( gold line). I circled in purple the last time they tanked earnings and dropped below the 200ma. If they fall below 385 target then channel bottom (362) will be the the next target.
I called tops on this a week ago and that was premature. RSI , MFI and heavy volume is saying that this channel break out is for real. Right now it's riding that uptrend (yellow line) nicely. Until it breaks that uptrend line I won't even consider this pulling back. 339 is the next fib target and with earnings next week it might hit it sooner than later
broke out of weekly channel with good earnings and the bitcoin surge push it even higher. it lost the momentum yesterday and today the selling pressure is even higher . Broke through trendline(Yellowline) RSI overbought Gravestone doji candlestick. 1st target is gap close at 270, if that support doesn't hold then 263 channel top is next target..
Has been on a 8 day run up to earning from the bottom of the channel. Gapped open above channel top (67$) this morning. needs to pull back a little to channel split (Redline) 60$ the same way Snap did after earnings and then a continuation on uptrend .. Just a cool down RSI -overbought Moneflow overbought
Clne got a 70% bump with the new contract and is approaching channel top. after this last push to 21$ , I would like to see a pullback to 17-18 and then a continuation on up trend Volume is ebbing RSI mid 80's
Jump the gun on the pullback with my last setup. I think my overall market sentiment bias that the Nasdaq would pullback affected that call. Anyways , shop broke through that (Weekly) resistance and the results were as expected albeit it received alot of help with that FB news but what came first the chicken or the egg? Targets are fib extensions since we're...
A.I broke out yesterday (Circle) through resistance (yellow line) on strong volume. Targets Are Fib (green lines )
Here's a bigger picture White lines are channel lines on the daily Yellow lines act as the trend line and support jmia has been riding since Nov As you can see the area it's been trading in since Feb 1st has been a tight range which matches up with what's showing on the chart with the white channel resistance and the yellow channel support . Jmia should be...
White lines are the original channel lines Yellow lines are secondary Red lines are targets Entry at 260$ Side note, this could go to the top of its original channel at 274 and then come down but I've notice alot of resistance and weakness at the 263-264 area. Volume has been dropping ever since it arrive at 260 on Feb 3.
Showing an overall Symmetrical triangle pattern but inside I've spotted an inverted head and shoulder pattern. This break out could be huge. My entry point would Be 506 with stop loss at 500. Overall breakout might depend on market conditions. It'll be hard to breakout with the Nasdaq down 50-100 points unless some company specific news surface
Has developed a pattern and is now trading in 25-28$ range. Great for a swing trade. Alert set for next time it touches channel bottom at 135-136$