SoVeryLost

SoVeryLost

SQ and tech getting beaten down facing headwinds of rates and slower consumer demand. No immediate action but will watch for reaction at 42 area gap fill of a gap left from the 2020 turn around.

SoVeryLost

Seeing negative divergences showing up on RSI, MacD and the Stochastic. Tech is generally extended and needs to cool off a little bit. Looking for a short opportunity with stop at 143 area, a prior high.

SoVeryLost

AMD broke down from a triangle in a bearish move. It is about to test it's recent support zone around 100. Rates and macro are tough times for tech with AI capex being stifled and the AI rally possibly fading.

SoVeryLost

Watching for breakout continuation and fall below support ~58. MacD curling, RSI pointed lower. Caught this late or would have entered today but now need confirmation of follow through to make risk:reward work.

SoVeryLost

A measured move runs out of steam in about 10points at which a short entry could make sense. Trading at the current multiple is a bit extreme given overall financial and economic conditions.

SoVeryLost

Bear Flag broke down and retested already, NIM (Net interest margin) is getting squeezed as rates go up and sentiment towards banks is weak.

SoVeryLost Updated 

Eyes on this miner for a breakout of a bull flag. 10MA is turned up to form a a bullish cross above 20, PA is above the 200 MA with the 50 crossing it as well.

SoVeryLost Updated 

MRK broke below its trendline with both a MACD and RSI Divergence. Volume profile doesn't look supportive at these prices. Healthcare names have been a safe hiding place through the recent sell off

SoVeryLost

A break down under 145 tomorrow may lead to ~10% drop to 134 gap area

SoVeryLost Updated 

Stock broke out of a bullish falling wedge, supported by large institutional buys visible on the 1 hour chart at the beginning and end of recent days. Friday the trendline was retested and today the upward movement continued. Can see this carry up towards 93-94 on a break of 90 with momentum. SPX has a gap to fill around 3950, this can get carried up along with it.

SoVeryLost Updated 

Has broken to the downside, the initial moves retracement looks to be done, setting up for another leg down.

SoVeryLost Updated 

Breakdown was strong, may try to retest but airlines all around are hurting, looking to target 39

SoVeryLost Updated 

CPI will likely impact cons disc stocks in a big way, can play this either direction on a break to targets marked by previous price action

SoVeryLost Updated 

Nasty bearish engulfing candle larger than the previous 2 days. Had completed a 9count on 11/30, chopping around since, losing 108.6 volume shelf sends it down

SoVeryLost Updated 

Classic cup and handle formation, we're in the handle right now, patiently waiting for a break to the upside. This is one of the few charts with a strong bullish set up, news of some sort coming?

SoVeryLost Updated 

Looking like a short possibility, broke down from a rising wedge. Entry if it continues through volume shelf and previous price action hot spot at 78.5ish area. Healthcare has been one of the "safe" spaces for funds to hide

SoVeryLost Updated 

Head and shoulders pattern in motion, can target 12ish area for the end, possibly lower following a measured move

SoVeryLost Updated 

Watching for breakdown on Weekly bear flag to continue a larger trend headed down, interest rates may be a catalyst