ROKU pushing up into the 162 - 167 area where I expect some resistance. Probably sell some Bear calls spreads if we get a nice stretch into this area.
Area of interest for bearish reversal pattern. I am bullish longer term on this stock but would not be surprised to see it pull back in to the 240 area. So trade would be wait for correction to add longer term rather than chase or short term short on reversal confirmation.
Double bottom in green zone. Stop below swing low.
Breakout out of giant ascending triangle on huge vol. Want to see how it closes today.
Coming into earnings. Completely beat down with negativity everywhere in the MJ space. Any positive news could give us a nice tradeable bounce of the the lows. Must break the downward trend line first however.
What tends to happen when the VIX stays in the complacent zone for a while. Could stay here for months but good to be aware of.
Unfortunately it this breaks support at 290ish the measured move takes us to below 250. My buy zone is between 250 and 225
ROKU just dumped on earnings. Given its love of trend lines this is an area I will be looking to add back. Currently trading around a core. Selling some into strength then adding back on weakness. Still like the stock longer term.
Watching for recovery above daily high. Will take swing long above 30.26.
TWLO has been cascading down along with many software names. Hoping to see a reversal soon so I can get back long. Results from TTD could be a catalyst.
Nice move up in oil today so far but everyone will still be thinking short until XLE gets above this red area and find support.
Like PINS for a bounce back to 22s if it can get and hold 20.
AEM Expecting resistance in the 62 area. Could have a pull back here.
AAPL likes to push up into earning then sell off even on good news. With that in mind I will be watching this zone for potential reversal pattern.
I think the hard sell off is over done and TWTR may get at least a short term bounce here. Will watch price action on lower time frames for bullish reversal. This has potential to reverse hard. Stops can be placed below most recent low or 26 for longer term hold.