Going long here. With the MACD crossing over, RSI looking up, and volume picking up over the last three days.
I feel its time to go long.
T1: 35.98 -- Resistance/ Support zone from the last down ward movement. If this move is rejected it will start here.
T2: 36.68 -- Resistance/ support zone.
T3: 39.50 - 40.00 -- Both a resistance/ support zone and...
Looking to watch PLTR and go potentially long here. I'm leaning toward the bull case, as we have already seen some downside over the last couple
of trading sessions. I'm Starting to build a position here.
1) Support zone; sitting in a support zone after a large bull run. This is logically and reasonably were we will build support to start
While GME is being the main focus of the market. Some stocks like AAPL here seem to be
a potential opportunity for a swing play. Will need to confirm on Monday, but its one to watch.
Things To Watch:
1) RSI oversold and starting to look up, needs to grind to the 50 mark to confirm.
2) MACD about to cross to bullish, needs to happen during normal hours to...
Setting up to start working back up to the 90 level.
Might be a nice swing next week. (2.1.21).
1) Volume is picking up over the last few days
2) RSI is looking higher. Still be low 50, but a move across the 50 line might signal a move back up.
3) MACD contracting toward bullish, might be a signal more bullish movements might be coming soon as people
While specific exchanges have close or paused trading on stocks, it does need to be noted.
However, the following idea is not taking this into consideration; but purely looking at the the chart itself.
Outside factors are real and need to be addressed, but I do not believe that is my job. I'm just sharing my thoughts
were we go from here. This is...
Looks like there will be a correction soon on this stock. Marking some pieces of the puzzle. That fit this thesis, but this is a short term trade just for correction.
Not looking to far out here.
1) DOJI candle coming into the end of the day. Might be a sigh that they bulls are starting to run out of energy to fight back the bears.
2) The volume is starting...
Looks like PLTR is crawling high and will be over the coming days and weeks. Right now
we are following a trend line upwards.
Still in the trade here, with looking at the 29-32 target price in the next week if the trend
holds. The volume is looking average over the last two trading days; and the bulls remain in
control. At current looks like its building...
Looks like we are close to being done with the major selling on PLTR.
It will be one to watch over the coming days. Personally this trader is starting to build a base position here.
I marked the levels that we should see over the coming weeks. With the higher ones being hard to get to quicker.
I think the rocket ride of last week is over, but what the next phase...
Watching DAL for a day or two.
Looking at the chart in yellow, loos to be a bull flag.
Target is the green line, while the red is a stop point.
Selling pressure is decreasing. The volume for selling is less than the buying.
Each attempt to go below 30.12 we see a bounce.
RSI volume is going upward.
UK and Europe going into...
T looking good for this week and maybe next week as well.
Chart looking to turn bullish.
Entering with an hourly close above 30.15; stop out at 29.25.
Target 1: 30.75
Target 2: 31.50
Target 3: 32.00
Target 4(Extreme 1): 32.50
Target 4(Extreme 2): 33.00
Best of Luck,
MU looking weak here on the chart. We had bearish volume on Friday which we should continue into this week.
I wouldnt leave this short active longer than a day or two; nor would I enter the trade unless we get an hourly close below
49.75. As it goes lower in price, I would expect us to find more buyers.
Target 1: 49.00
Target 2: 48.25
VMW looks like it needs some time to cool off here.
While this is on low bearish volume. The larger time frames
seems to indicate we should see more red in the coming days.
(this is bearish only for a few days, we should see more and more buyers as we get lower).
Target 1: 139.35
Target 2: 137.60
Target 3: 134.80
Target 4(extreme 1): 129.40
JD looking like it wants to see some bullish action this week.
Would need the MACD to cross on the 4hr to confirm; price breaking 61.10 would
be when I would enter the trade.
Target 1: 61.60
Target 2: 62.25
Target 3: 63.00
Target 4: 64.00
Target 5(extreme 1): 65.00
Target 6(extreme 2): 67.00
Best of Luck,