Jlov

Jlov

Volume has been picking up before ER. A close above 155 can give it strength for a longer run.

Jlov

Technically we have a rounding top resting on 126 support. ER is coming up next week so we have two options here. Either we break support now and keep falling with ER or we have a nice relief bounce coming into earnings . Now, estimates show 620ish million in revenue for ETSY . No way. Their rev has been dropping ever since Q4 2020, with analysts estimating lower...

Jlov

UPST looked strong from the initial bounce from 75. But now volume is starting to weaken as well as the setup. Hourly forming a double top and falling back to initial base. Gap to be filled in @ 60. Daily also showing a graveyard doji on volume, typical of a bearish reversal.

Jlov Updated 

Liking the movement from UPST here after breakout of the ascending triangle. Volume on daily has been strong and only increasing. I would like to see 125 and then another push to 163 from here.

Jlov Updated 

Clear oversold bounce the past couple days. Market is still very volatile, unhealthy movements in either direction. But now we are entering in a strong resistance zone. The 4500 range will be crucial to decide the market for the next few months. It will be a waiting game; personally I am bearish as rotation of sectors is common and now that growth has died back to...

Jlov Updated 

Nice double bottom formed on the hourly, had a retest after breakout. Expecting a push to 71 short term.

Jlov Updated 

As inflation increases and unemployment stays high, people start talking about recession. Also, recession proof stocks start to move like MOS. If you look back at 2008, MOS made a massive run to 162. This could potentially do the same here. Technicals are strong, riding the 200 day and in clear uptrend with volume. I want to focus on geo political issues now....

Jlov Updated 

COST bounced nicely off oversold zone but now seems to be stalling. Volume profile at 527 is proving difficult to get past. Level to watch is a close below 514. Will quickly see it retest its breakout zone at 495. Will have to wait to see what it does at 495 if we get there.

Jlov Updated 

ULTA had bounced 3 times around 363 forming a triple top over the last few months. Recently, it had broke below that support level and has bounced the past 2 weeks. Looks to be forming a bear flag, albeit that it is not that best looking flag I have seen. Lots of short squeezing pushing price all over the place in this volatile market. Earnings coming up, anything...

Jlov Updated 

AAPL rounded off into support and then bounced. Now it is moving up the final stage of the inverted cup and handle. Will watch today if trendline resistance holds.

Jlov Updated 

Roku looking to push higher before ER. I could see 190 to complete the rounding bottom

Jlov

I have been eyeing this setup for a bit now. Double bottom on the weekly as a nice volume base has formed. Can see 440 on the breakout above 400.

Jlov

TECK outpacing bearish market conditions as minerals are exploding in value over the last few months. Chart showing a strong double bottom set up on the weekly. Daily also showed a falling wedge onto that double bottom resistance area and has ran 10% from that bounce. Resistance off volume profile showing that 37 and 45 will be key areas to break. After that, 50s...

Jlov Updated 

After forming the double top at around ATHs, HD has found itself falling from grace. Skipping the volume shelf on the way down. Now it is moving towards the volume shelf that seemingly might act as resistance this time around. Another bear flag with another leg down to be seen. Initial short side target would be around 345

Jlov Updated 

BA was set up for a nice run after placing a double bottom in at 188. Rejected from the 200 day, showing signs of breaking down now. Expecting a possible bounce to 200 from here, but keep an eye for a stronger downside move.

Jlov Updated 

FB looking to move higher out of the wedge before it's earnings. Going against the downward trend here as it usually does a V shape bounce, instead it is taking its time to move higher. Thinking it could be a lack of buyers buying the lower dips... Price target would be 315, granted it moves out of the wedge. I would be cautious at any bounce because it is below a...

Jlov Updated 

After breaking out of its wedge a bit ago, we have the first meaningful bull push. Short lived it will be. Looks to be a bear flag as it gets closer to that gap between 140-130.

Jlov

Nice breakout on volume, watching the next leg up to 110