if we lose the 200 day and fail on the back test, strong short down to make new low around 200
iwm false breakout should reverse and make new low quickly
watching for strong short op of cant break above
Trying to hold that backtest after it broke back above resistance, now below, it looks like the longterm uptrend for facebook is done. short term short. long term neutral.
cans pec swing short from here witht he bearish engulf against 200 day as stop or wait for 5 and 10 to turn down and use those. Could be a big move coming here.
high quality short setup, can use 5 and/or 10 sma as stop
hd very bearish if can't close above 192.65 on daily on monday, strong short. sets up perfect head and shoulders with april 2019 and jan 2018 shoulders.
huge move, and then very tight consolidation, options premiums coming down big time, will try to buy breakout on close above or breakdown under 132.50. High on watchlist
its below 5 and 10 sma and put in very ugly candle on friday. holding onto 200 day for now but if we loose that this one could start diving. conversely, if market turns up this one could get back to highs very quickly. no reason to guess, staying vigilant, things usually explode from tight consolidations like these.
we lost important 170 level this week as well as 200 day, and while i wouldn't be suprised to see a bounce to either of those levels, DONT GUESS WHAT PRICE WILL DO!. 5 and 10 smas are diving above the stock. no reason to cover until it closes above one or both of them . This looks very ugly and likely will make a new low. Disclaimer. I love this company and...
We've now lost uptrend of the bear flag since december and testing an important 145 level. I could certainly see a bounce to 155 this week to backtest downtrend, but its these kind of guesses that destroy traders, price is still below diving 5 and 10 sma, no reason to cover, or buy the dip. stop trying to pick bottoms! DONT CATCH A FALLING KNIFE. wait for the...
FB failed to break downtrend wed, thurs and friday as well as downward sloping 5 and 10 sma. Good chance we go lower next week.
Bitcoin held upward sloping 10 sma and now back above upward sloping 5 sma, good time to play a breakout with a stop below daily close on 5 sma around 8000.
Failed breakout of downtrend and bearish wedge, still below downward sloping 5 and 10 sma. This is a short until further notice, and definitely not a long . DO NOT CATCH FALLING KNIFE, trade the price action.
below 5sma for 3 weeks now and wont cover until close above. a lot of support in the 174-170 zone, a good place to start scalling out, if it can't hold that things get interesting. 0 reason to buy here. DONT CATCH FALLING KNIFE.
No position, but i'd honestly be suprised not to see any bounce at all here, if not only a dead cat bounce.