EOG has a strong level at the price of $67 and SMA200 is very close to the support level, it might be a good sign to open a long position. I'm waiting for the reversal action from the support level. If it holds I'll go long... NYSE:EOG
WISH - $15- $15,50 on watch for this week. Over 50k open interest on the $15 calls and over 45 k open interest on the $20 calls on monthly. PT is still above $20+ but might be a slow mover. Keep close eye on, gonna be interesting...
LI broke its the strongest resistance and might climb until the next resistance level. After long period of losing days, the stock is beginning to recover after broke all EMA. I think EV is coming back......
The stock broke out the symmetrical triangle (upper resistance). Now it might be resisting the breakout area and bounce to the next resistance. I'm going into a long position and hold it until my target. Good risk/reward ratio!
Stock was holding both EMA20 and EMA50 as it's support area. Then it broke down the support level and then EMA20 and EMA50 has crossed, it's the sign of opening a short position, now it's retesting the crossed area and I think the stock will drop until the next support which is EMA200. GOOD RISK/REWARD RATIO.
The stock couldn't break above the resistance several times. After earnings report the stock dropped from the near resistance level, now it's coming with the power of breaking a resistance $47. I will look into a long position on a break above resistance.
The stock is forming a bearish descending triangle because its under the both EMA20/50 and the market started to drop (I think this SPY500 decline will be long). So I'm bearish for this stock. Good risk/reward ratio. I'm going to open a short position after breaking below the support $43.
REMINDER: I'm not a financial advisor !
The stock is forming symmetrical triangle, I'm bullish on this stock if it breaks out the triangle. I'm going to open a long position on this stock after the break with good risk/reward ratio, it holds EMA20/50 as its support. If YELP stock breaks down the triangle it might go lower and lower! Keep an eye on to the stock these days. Reminder: I'm not a financial...
The stock is forming a beautiful flag pattern. Keep an eye on closer to the break of the flag pattern. I'm gonna open a long position to the breakout. And should be aware of upcoming COVID news and vaccines. Potential is big! It's gonna be a big play!