After making a lower low on the weekly, this is the logical place to short. Risk Reward to first PT is good.
If it closes the weekly candle body here above the lower green line, that would be a hold of major support and a very strong indication of a reversal. I bought my ticket to the galaxy at $7.30 in that wick down. This should get interesting.
This is a textbook short setup. Price has retraced upward to confirm downtrend on the weekly. Ideal risk/reward here.
Another long setup. I originally had the buy zone slightly higher, but it didn't give a risk/reward greater than 3. So, I assume the fills will be in the midrange of that green box for a R/R of over 3. Since I know smart money looks for the same, I anticipate the bottom being slightly below where I had first been inclined to put it.
From a price action perspective, this looks like a textbook short setup. Earnings pump off a lower low into area of heavy resistance. Risk/reward looks good here on a short.
I've been accumulating NVOS in the green zone for months. It just gained a significant weekly level. I'd look for entries/adds on any pullback to the green zone.
TNXP completed a daily gap fill today after gaining significant levels this week. Should bounce from this retest.
I did this chart awhile back, and the buy zone still applies. Ideal buy now IMO. Risk/reward is excellent here.
Paypal has arrived at a zone of heavy support. With the markets dumping, long positions should be taken with care at levels of support. Since it's counter trend, taking a decent chunk of profit at the first PT is wise... like 50% IMO.
This inverse ETF is looking bullish, and trend has shifted to the upside. In other words, the S&P itself is bearish.
CEI is looking like it will hold this range for a bounce based on price action on the weekly. Really good risk/reward for a long entry.
Cenntro is looking to do a gap fill on the daily soon. An excellent place to reverse trend if it's meant to do so.
Price action would suggest this is a rather good short opportunity on MKC. Risk/reward here is excellent.
From a price action perspective, CVS has entered a good risk/reward zone for a short entry. I'm scaling into a short here.
The risk/reward looks good on a short here for Apple based on weekly price action.
Amazon is looking interesting here for a short based on weekly price action and trend analysis.
Risk/Reward here is excellent based on the stop loss and first PT.
American Express has hit an interesting level for a short based on price action. Risk/Reward to first PT is excellent at 5.95.