NYSE:BUD taking a monthly #RevStrat up (inside month, followed by month down, followed by month up).
Trapped shorts from last month combined with natural buyers entering the new month up equals strong potential for move up.
Buyers looking to put money to work in catchup names, BUD yet to participate.
Would like to see the daily low hold. Might get another...
Close to taking the 10day. NYSE:PG isn't so much of a typical trading play but would make a good long term position.
It takes the 10day at $117. Get it while the getting it good.
Today's risk can be managed at less than 1% off the 120min.
Very large broadening formation formed on the monthly dating back to 2013.
Current R:R ratio with a stop under the previous month low and a reward to the top of the broadening formation is 9:1.
Smart move would be to wait until previous month high is breached and get a confirmation close 3day at least and gauge risk from...
The monthly July is about to print with heavy downward momentum.
If August takes out the July lows, AMZN has strong downside potential.
Neutral position until we see August price action but I wouldn't want to be a holder here.
Best to stay on the sidelines and wait for price to battle it out for a potential reversal...
NASDAQ:KTOS has been tearing up the charts this year and it is once again attempting to go full time frame continuity to the upside: up on the yearly, quarterly, monthly, weekly, 3day, daily and 240 min.
$22.91 takes the hourly up for confirmation of full time frame continuity to the upside.
Visa has a lot of hurdles ahead if it wants to go higher.
A bear trend line has formed from the all-time high and the lower high on October 17th.
Today's high was rejected on the trend line.
Today's price also failed to break the upper heavy volume profile around $140.50.
Today's price was rejected at the 4hr 200 EMA.
The 50 EMA has crossed the 100...
This started to take off mid day today.
I already have two positions but looking for a third on a pullback.
My first entry was near the low of October 15th which was a test of the bull trend line.
Got a second entry near the low of October 16th which also tested the bull trend line and made higher lows from the day before.
Looking for a third entry on or...
This is a short term play that, if all goes well, could turn into a long-term play.
NYSE:VIPS is currently at the bottom of a micro uptrend channel (orange lines), looking to test the two major trend bear trend lines on the 4hr and Daily.
I'm using a low risk entry on the bottom of the channel with a stop under the low of today which would be a confirmation...