BYND has filled its gap as it is heading into earnings. A beat or match with decent guidance will likely send this back up. PT at $125. Fib pivots indicate oversold as it is below S5 on the month (1.00). Options market is expected ~$8 move after earnings. May see a short squeeze here.
Russel 2k & Q bounced nicely off support levels, but are currently getting hung up on resistance. Expecting a pullback, but will exercise caution and take position at end of the hour. Both trends are currently bearish. Will need a huge push to pop past cloud resistance & fib pivots.
A green day today will confirm resistance break. Of course, trade talks are a huge influence on the market right now. Anything positive is likely to send us to the moon, while anything neutral will encourage a climb. Only a negative result will break this likely pattern. MU is quite dependent on trade war talks. Expect it to follow $SPY over the next few days.
Retrace down to support & then off to the races.
No clue where SNAP is heading, but it is going to be a big move either way. Even with high IV the move will likely be great enough to be worth the straddle.
SNAP, clearly downtrending, on macro, as well as micro, is holding on my a thread. SHTF when MACD for 15min breaks. Last thing that is propping it up.
Estimated PT of 220 by 8/14/2018 based on previous ER performance. This bullrun for AAPL could be much longer due to the $1T break today, as well as better earnings than previous ERs.
Strong bullish signals, found using screener w/ Ichimoku as filter.
First off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell. Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS. Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most...