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 with...
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 EMA....
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 of...