Price sold off on bad news and awaits confirmation of the claims and seems to be consolidating. Should the claims be confirmed, it is bad news for the Company. Should the news be disputed, the price is likely to reverse into the consolidation area of the previous triangle. Keep a tight stop below the consolidation area.
DIS seems to be in a bull flag after good earnings and is being accumulated at 183, albeit with weak signs of reversal. Observe the area and if the price holds above 183.5 go long with a stop below 183.5. If price drops below 183, looks for a reentry with tight stop, and play for ATHs with a second target at 200. Long in mid 170s would be even better R/R but it...
The stock was accumulated below the resistance area and broke out, despite SPY pullback. Look for a retest of resistance and enter with a stop below the accumulation area. Previous failed BO confluence with AVWAP from Google news gap up and constitutes a first target and expected area of supply.
The stock has reported good earnings, price entered a bull-flag price action, and entered the area of potential demand. Enter with a stop below the accumulation area. Play for a reversal to 106, 108 and ATHs.
Amazon did it! Price broke out after great earnings and i don't see much stopping it from going up to 4,000 mark. I would keep a stop below the last swing low (2.5%) and take profits along the way (at least at previous ATH to pay yourself and make the trade risk-free). Risk-reward is very strong.
Stock broke out from its long lasting bottoming cycle. Analysts raise guidance showing significant upside. A lot of bagholders from the past, so significant selling pressure to be expected. Volume and volatility decreased the breakout following a typical triangle. Worth observing which direction the price moves when the volume is back in the market, but i am long...
RVOL -3.3 (OK)
AVOL (90) - 29 (OK)
ATR - 2.6(OK)
Short interest -17%
Driven by the bitcoin surge, this miner stock expanded away from the average. I am looking for a potential reversal, around 28.5, 29, or 30s. Looking at level 2 is critical to catch the moment when the sellers enter the market but also look at the confirmation in the bitcoin itself. If BTC...
RVOL -19 (huge)
AVOL (90) - 7 (OK)
ATR - 2.4 (OK)
Short interest -29%
Stock has absolutely blown through the shorts and squeezed people out. Short interest still remains elevated though, showing potential for additional squeezes. I am looking for a low volume pullback to either of the two yellow lines. It is a tricky one, so i plan to keep tight stops of 20-30c....
Price sold off after the lock-up period expired. A huge volume entered the market, now it seems to be ranging between the yellow lines. I entered on Friday after a break-of-trend in the PM, at 26.7 and it rushed away back towards the price. I moved the stop to break-even already and will reevaluate in case it decreases below this value. The ideal entry would be at...
For now the price of DISH bounced off from the AVWAP 2020, let's see how stable it is. Similar play to LULU on the sell off on earnings. Here the trigger of the sell-off yesterday was a convertible note placement.
Price got sold off after the earnings and dropped further on the news of additional share issuance. Seems oversold and high 17's/low 18's is a good area to play for a bounce to AVWAP or other potential resistance levels around 21
Anchored VWAP from the break-down in September acted as a good entry point for this trade today. This may be a swing.
Anchored VWAPs remain strong indicators when looking for potential areas of demand/supply.
TDOC is consolidating below an important level of 200. There remains little buying beyond this level, however, buyers seem to be stepping up. Both anchored VWAPs from ATH and bottom of the break down and may serve as support and resistance levels. If it break 200 at good volume and closes above the anchored VWAP from the ATH, it has a potential to retrace back to...
Potentially observe the area around 25 for a reversal of the sell off. The price already may be oversold and there is a potential to capture 20-40% gains. Stock is volatile so exit at price targets and stick to your stops.