Daily channel on plug.. Double bottom break out today (Redline) . Went up huge in the aftermarket which would put it outside it's on a breakout.. RSI ain't the best MFI is decent.. Fibonacci targets are greenlines.
Picture explains it .. Fib targets 1.17.86 2.18.65 3.19.77
Becareful .. 200ma around 53$ .. if it breaks through though🚀
Redline is current support and close. I'd wait till it breaks out of the channel at around 11.45 - 11.50. Once this Senate race is over in GA it could really surge with the rest of energy . Next targets are green lines.
Didn't see the H&S on my earlier trend.. same targets.. Daily timeframe🛬 Mayday
Rising wedge pattern on daily chart. Support lines are green.. if 164 doesn't hold , Tqqq will do a double top into 157.. Maybe fears of new covid strain will bump fang and prevent this
I thought when I saw that this bullflag that this stock would break out.Alas for every good news that's comes out for Boeing there's always a some bad not far behind.. Today they recieved a low ball price target of 198$, add that to the new lock downs over new strain of covid and voila. At the bottom of channel if it falls thru 198 is 1st target and 187 gap...
One of the biggest stocks on the Russell. And I'm very bearish of the Russell. Idea on chart, Next target 121
Looking at the chart , you can see etsy fell out of its secondary channel and found support on it's original channel. If support gives way our 1st target will be 165 2nd target 155 if support holds next target is 180
This stock is tricky.. The new strain of covid fear could just Fu*k this all up so trade with caution. Did a double top today when it broke upper channel. target is bottom of lower channel 130$
Thought penn would hold up in this pattern till at the end NFL season. 1st target green line
Thought the breakout would come thursday.. Had to move the goal post a little. would really wait until 36.75 (Green line for entry). 1st target 39.70
This is a trade idea based on Two things, First is news of NYSE delisting Chinese stocks on New year's eve. 2nd Dark cloud cover shown on DEC 31th candlestick. 1st target 198 (green line) 2nd target is 191 (green line/Channel top)
PDD went on an incredible run was week with a few other Chinese stock because of Euro/ Chinese trade deal. On New year's eve NYSE delisted a few Chinese stocks. This might be a nice Fear play. 1st target is channel top 2nd target green support line
Shop had a rough week last as it pulled back from the top of its channel. now its forming a bearish head an shoulders and the bottom of the channel. If pattern form our first target will be support at white line. if channel holds , would be a nice dip buy
bearish Wedge pattern showing... might kiss 13k before the fall but when it does fall 11,450 Gap close is the target
Held support at 40$ on Dec 31th. I'd wait for 42.75 to see if it can re-enter channel for entry. Stop loss at next support which is 36.50. target is top of the channel 54$. Also selling pressure was lowering
Chart explains itself. although I'm wonder if it can hold that support line (Red ) or will it drop all the way to the bottom of the channel