Nice engulfing 9 on the TD, only thing that gives me pause is that we did start red countdown phase. BUT we are at a ton of support on daily/weekly and monthly candles, i'd long over the 9 candle (add once we have green 2 over 1) set a stop loss at the yellow dotted line and raise it as price goes up.
We are in a good support zone for Ford, we will probably see a significant bounce from this area.
buy the blood, it's still an uptrend. Everyone wanted a selloff to buy this... don't get scared now!
I think this is a good setup for at least a relief rally. We are on a 7 of 9 currently on the daily with a nice reversal candle forming. Spy has fallen so far out of the BB it's laughable, plus correcting right into a bunch of chop/previous tops, and over what? Corona... please. I'm buying this ALL DAY LONG!
I'm taking profits off the 9 daily, there is also a 9/13 combo on the hourly. I'm looking for a test of the setup trend in the 76 range or a green 2 over green 1 on the daily to get back long.
I see this as a low risk entry. Match has a history of checking up at support after the green 9s.
AMD going to run hard next few years, buckle up.
A short term top could already be in for AMD and if it's not there is a high probability it happens next week. Weekly green 9s have been consistently marking tops (long term or short) in this name. I'm looking to take profits or hedge long term holdings. Possible correction to the $33 area (which is mid BB on weekly),
I think this is a good place to take money off the table, i don't think we break ATH yet.
Looking for yield and growth, i don't see anything better than QCOM right now. I'm seeing a 20 year phase 2 hyperwave, we could possibly be in phase 3 right now. Once the yellow overhead resistance is broken on a monthly candle i feel good about confirming the phase 3 line.
200 week moving average and a trendline that has supported since 2012. If the trend breaks you just exit with a small loss, i think it could be a good buying opportunity.
I like ILMN here, had a nice break out of the downtrend after holding long term support. Held the retest, weekly MA support held. Earnings soon, i think they will be positive.
I'm buying AMGN at long term support. There is still a high chance of a phase 4 hyperwave that will take this much much higher. S/L 170