Dabney

Dabney Updated 

AAPL has tested this trendline seven times now and hasn't broken to the downside. If markets cooperate this bounce can make it to at least the 127/128 area before running into its next resistance. If tech is overall not trending up I will look for a lower move into $118

Dabney Updated 

Something I know a lot of traders have had their eye on is the gap fill. Its begun and again expect a full gap fill to take place relatively soon. You have the upper trendline and the golden pocket retracement above, almost a perfect set up. Confluence.

Dabney

TSLA is always a wild card, and something I might just cover every week. While the structure is still very bearish, it found a short term bottom at $546 and has been making a triangle in side of a triangle. Friday's close leaves it at major resistance and would need to get through $636 to take any type of serious bullish position. A case can be made that it wants...

Dabney

NIO is another one I miss the bottom of. From $30 to $46 wow. Its basically gone vertical, and since the move has been made I am looking (and hoping) for a retest of the breakout of the channel and a retest of that level at $39. Set your alerts, this is a top watch for me.

Dabney

RBLX is a name I missed the first time around, can't play all the names, but looks like another opportunity is here. Another golden pocket bounce would play out huge. The best way to play it in my opinion is again a starter position with the expectation of adding into the golden pocket. Clear stop loss would the a loss of the .707 ($75). I don't think this name is...

Dabney

Banks got destroyed this week, and may see one more flush to the downside before seeing a bounce. Ideally would like a see a touch to the golden pocket before making a move up, but its so oversold that the bounce may begin this week. How'd I'd it is by scaling into a position with the understanding that $65 is a possibility and be prepared for another entry....

Dabney

Another re-opening play here. Triangle getting tight. Break above the $151 trendiline targets $175. Tight stop loss of $140

Dabney

I don't think AMC is done here. Very interesting close on Friday. Bears failed to keep in under $42. I can see a move to $60 this week. $70 makes things real interesting.

Dabney

Possible squeeze play by WSB for the week. Long period of accumulation on a relatively cheap nap. Low risk to keep a foot in the door.

Dabney

After being beat up badly over the treadmill debacle, PTON finally pivoted and broke its downtrend on good volume, Great volume on frida This is on top watch for me this week. It could very well chop around another week before making its move back to $125 which is my short-term target. Long-term target $150 if market conditions are favorable. Trade invalidated if...

Dabney

DIS made its way to my 'Do Not Touch" list for 6-8 weeks after its sell-off when it was in the $200s, but finally looks poised to break the downtrend this week. Will look for an entry on a break and hold the the yellow trendline above $179.50. Must hold. If it can not hold, I will look for it to head back down the the demand zone.

Dabney

With travel the last sector to benefit from re-opening, I like AAL to reverse and begin to make a move upwards. Two levels I'm interested in are a break and hold above $23.50, and the next being $26. Bullish to neutral lean here on AAL

Dabney

PINS is another gap fill name. It received some decent option flow late on Friday, with someone out there betting on a gap fill as well. Would need this name to go right away going into this week. Tight stop.

Dabney

This is my favorite set up of the week. For me a clear break and hold of $147 is a signal to long. Drop off in volume with sideways consolidation is a good sign for upward momentum.

Dabney

AMD is probably one of the best setups out there. Clear support in the $73 range with multiple touches on the daily chart. Not much in the way of resistance until the upper trendline. It looks like it wants $80. Classic Lisa Su name that we've all been waiting for to break $100.

Dabney

TSLA is always a wild card. I've been pretty bearish on it since $770 and have caught most of the move down. While it continues to have a bearish structure, and is right at resistance I want to believe there has to be a short term relief bounce coming, as there have been 4 straight weeks of selling. If no relief comes I would look for a move down into the 400s...

Dabney

Really nice set up on here on SNAP. You have a triangle pattern on the daily with a nice bounce off the lows. Upper trendline meets the golden pocket retracement. Low risk entry here with a potential move up to the $60-62 range, with a clear stop on a break of the lower trendline around $51.

Dabney

After giving the entirety of a huge move back, ETH is trapped under resistance which use to be support. Look for another move to the downside if it cannot break through this short term resistance.