Coinbase PAIDDD big time sold my contracts on Friday Looking for a re entry on Monday now we are looking For a re entry around this resistance point depending on where price is at we will look for a good entry
- pennant pattern set up
-looking to play the upside since we have had a strong close
- Can also break down as well depends on how price action plays into open
-my entries will only be taken if we have 1-2 candlestick confirmations
Looks like we had one heck of a strong close on Friday WTRH managed to hang in there with the volume after a red day...
Interesting price action; The approach I am taking is the $1.57 break. As soon as we break I will look for 1-2 candlestick confirmations and take an entry
Keeping this one on watch most likely looking for the same volume coming in Monday. We closed very strong on Friday Which typically means we are looking for a strong move to the upside on Monday... Also looking for that SweetSpot break at $2.85 for Entry Confirmation.
-Swing Still active on we are moving slowly but surely the over all ideal is to reach $230 of you have not entered in this Swing you still have an opportunity
- New support formed at $250 once we break that point it is safe for an entry
-We bounced off the cloud on Friday we are looking for a pull back down to 240.38...
-Opportunity to buy more at this low for our swing
-looking for an entry / re-entry down at 240.38
-NOW there is a chance we can bounce around the cloud and price can play around $247.21 and bounce there so keep tabs on this Monday
From a technical standpoint we are looking pretty strong as we closed about the 9-day AND the 26-day moving average with high buying pressure whicks which is interesting
Now from a company perspective standpoint we are most likely to first get approval on, this would be like the most expensive drug I have EVER heard of! In other words MEGA MEGA profit...
Looking here we see that NFLX bounced nicely right off the 9-day moving avg and is making a move towards resistance…
Now If we break resistance we are looking to take a pretty nice play in terms of options those premiums are a bit pricy but definitely worth it!
As we can see price is bouncing heavily off the 9-day moving average so we have some strong resistance there. Second the next support we have is gonna be at 265.50 so we should be looking for an entry around that range again our PT is all the way down to $235
-Catalyst reminder that this stock was reported to have $270 million cash on hand with a market cap of $535M
-Also good watch for Monday as well as we are looking to play this ascending triangle
- Clear sector shift to ESG (Environmental, Social, Cooperate governance) aka "green tech"
-Multiple volume spikes through out last week looking for the same volume here
-Looking to take/Add on a short position here looks like we broke below support and we're looking to take it down a little lower
-Now long term we're looking to take this down to $230
-keep in mind we still do have a gap to fill
-Good watch for a possible scalp
-on the hourly and 4hr we are also respecting the 9-day on the move down