Epic intra-day bear flag flush. Watching for a reflexive bounce to the 10EMA (orange) and I will be looking for a short.
Beautiful consolidation after making it's big move. The rising 10 + 21 MAs have caught up and are serving as support.
Volume very dry. Waiting for the definitive move out of the structure.
Let's see how the week closes. Big bullish marubozu candle yesterday on a down market day screams strength.
2 week consolidation. Watching for the next leg up soon.
No potential long (for me) until it can break the trendline and flip it to support but one to watch.
Bullish on a break above. Bearish on a break below. Bullish bias after strong earnings and in a current strong uptrend.
Broke the several day lower highs and lower lows flag. Watching for a potential flip of the 21DMA resistance into support.
Nice bounce off the 21DMA right back in to resistance. Watching for a potential resistance/support flip for the next leg higher.
Trade discussed on stream this morning & yesterday executed. Long: $63.00 Stop: $62.45 Looking for a bounce to the 65 area after the morning sell-off. Happy Trading!
290.50 long Stop below the LotD Strong candle and pushed right through resistance.
A bullish scenario cast for what could happen if AVWAP breaks. Bullish Bitcoin
MSTR bounced strongly off of its trend-low AVWAP. As long as Bitcoin is relatively rangebound and over ~26k, you can expect this to be a reliable support where bulls will defend.
Recent analyst upgrades to 80+ Solid earnings resulted in a gap up and it recaptured the Covid lows AVWAP. It is a strong buy anytime it touches the Covid-low Vwap just below which is now support. It's eating through the most recent earnings AVWAP sellers and will have clear running room for the next leg up.
Yesterday was an inside day . Nice inverse head & shoulders and currently back-testing the break-out. Implied PT: $10.6 Looking for a big bounce from these levels and much more upside on this name.
Flag drawn. Strong volume and green day yesterday. On close watch for a breakout.
Steadily declining volume as the stock has taken a rest post-earnings. Plenty of support just below. Looks just about ready to launch for the next leg up.
03/09 AVWAP / 8.65 area has been a great support lately to buy where bulls defending and buying heavily. Buy support, sell resistance! Levels drawn.