Liathetrader

Liathetrader

Gap filled. What's next? Scenario B or perhaps even lower to 400-390-385?

Liathetrader

$JPM is filling the massive gap from a couple of weeks ago.

Liathetrader

BLK tanked below the second gap. Happened fast. Just below the 20EMA. Huge volume shelf on 699. Next stop 674. I will be adding small dips on this one.

Liathetrader

$SPY premarket does look ugly. Here're some potential scenarios. A - supply/ demand zone around 413 and the 20EMA. Volume shelf on 413 also. If we break down the next will be scenario B, previous pivot around 406-408 and the 100SMA.

Liathetrader

BLK first gap has been filled. Next one around 710-705. Will be adding accordingly.

Liathetrader

RBLX likes to play dirty tricks, but everything goes as planned. Nice retest, held the trendline, still moving in the battle zone rectangle. If we don't have retest on the general market, this could finally make its way to 200SMA and another supply zone around $60. I will set my stop loss below $45.

Liathetrader

JPM on 100SMA, Overextended thought he Bollinger band. 95% of time stock retests back to the price median. In this case it would be around 150.

Liathetrader

Blackrock is rallying madly. Just now on the 200SMA and filling the April 22 gap. I can see a retest around 700-710 where's a gap from early August news about COIN/ Bitcoin and the 10EMA. Chart a bit overextended and volume is slowing down today.

Liathetrader

RBLX is battling. Need to close above the 50. I'm a fan. 100EMA and 50EMA finally crossing. 200 still in the way. Have this one in close eye the whole summer! Trading in and out, holding for longer swings. If we close here and continue higher I can see 55 soon.

Liathetrader

META (FB) is setting up for something. 50EMA is crossing the 20EMA this week. It's a bullish signal but MA's a generally lagging indicators let's see it the stock overcomes the resistances ahead, 100EMA and a battle zone of supply from May/June 22.

Liathetrader

PFE reached the bottom of the triangle AGAIN. I added of lows today to my current position. Still holding this dividend cash cow. It looks like something that's going to eat you! But the trend line works magic. Nice longer swing or LT hold for me. Not day trading this one, moving too slow.

Liathetrader

RBLX battlefield of supply around 50. Doing well so far. BUT there're earnings tomorrow some gaming stocks weren't doing so well this earnings season. Let's see.

Liathetrader

SQ ran like a mad man yesterday. I can see some exhaustion/ reversal volume on the chart and there's a battlefield of supply around 80s-90s (see square). There's also 100SMA standing in the way. I can see SQ retest in mid 70s. Unless they murder earnings this afternoon.

Liathetrader

We are still above diagonal trendline. Although there was an overreaction after yesterday's earnings, AMD recovered fabulously. Also still holding above 100SMA. Company has the best female CEO ever.

Liathetrader

$VEEV - everything goes according to plan. We crossed the 200SMA, we might retest back there. There's a huge supply zone around $227-$240 where the stock is struggling today. I own shares and sold covered calls for August 19, 240 strike.

Liathetrader

RBLX is battling a huge supply from April '22. Doing well so far. Could get choppy around there. Earnings next week. Will we see $50?

Liathetrader

Sellers again overwhelmed the buyers on a diagonal down trendline. Earnings this week. Perhaps that can help to get over the trendline and claim uptrend.

Liathetrader

RBLX broke out after over a month of accumulation and chopping around 40-43. Next targets are the supply zone around 50 and then gap fill around 59 and 200SMA around 61. Gap goes up to 66 so it's possible the stock will rally up there. We also have earnings on August 9th.