ZombieStar

ZombieStar Updated 

Just got some very bearish signals for ROKU. Unfortunately, the gap down today has killed the bull cash for this stock. The only saving grace is that it gapped down onto trend-line support. I'm not sure how I feel about Roku anymore.

ZombieStar Updated 

These are backtest results for this indicator if converted to a strategy. It's kind of overpowered in my opinion(but not really) because look at the insane drawdown. Using a stop loss is something I'd rather not do because it eats away profits. My solution is to use the numbered candles in my previous post to better instruct the script on entries and exit. Also,...

ZombieStar Updated 

A couple days ago I made an indicator that makes calculations based on the candle's close and it's EMA. Then it turns that number into a color AKA Chop Zone indicator. Using the same calculations from the Chop Zone indicator, candles are assigned numbers based on their relationship between 5 different EMA's. The main theme of this indicator is that the numbers...

ZombieStar Updated 

This setup looks treacherous! I'll go through each point step by step. In the meantime, save yourself from what's coming!!

ZombieStar Updated 

So I created 2 indicators. With it, I'm able to visualize deep and technically scarring a sell-offs. One has 5 layers, of which the top most layer is the easiest to turn red. A sudden crash in prices will penetrate all 5 layers at the onset. A slight pullback or "dip" will only color the top 2/3 layers. Although the selling in the past few weeks have been brutal,...

ZombieStar

Price is taking a nap on support lines and someone better call the DIS bulls to come wake this thing up!

ZombieStar

Virus related news is back on the minds of many people, creating a high degree of uncertainty. CODX progression this year has been fantastic and bullish trend lines have not been violated.

ZombieStar Updated 

I would group Waitr holdings into the virus sympathy plays category because this stock goes up when the rest of the market dumps into the ground. With Tvix being delisted soon, I think a few shares of WTRH would work as a possible hedge. The price targets of $10 and $14 seem dramatic but they are realistic because it has a public float of 19M. On extremely high...

ZombieStar

It appears that this might be the logical path that our beloved S&P is headed. Traders are showing great respect for bearish trend lines as of late. Other things to consider in the stock market are companies like IBIO and WRTH which have historically pumped when the rest of the market goes down.

ZombieStar Updated 

Get em while they're hot! Swing both ways for $7 per contract!! See the pattern? WIN BIG OR LOSE IT ALL! BET THE FARM (so you can have two farms) (This is not financial advice, actors seen manipulating the price are paid representatives)

ZombieStar Updated 

SPY is not going down without a fight. I think today's episode might be another "buy the dip" opportunity. Wouldn't it be convenient if we could all buy puts and cut straight to the depression already? I know the answer is "YES" but the market has a way of burning all bear money (before) it moves in that direction. Right before the big move down, the people that...

ZombieStar Updated 

Gilead broke out with volume today and given the amount of media exposure, I think that GILD will be one of the companies that endure this particular bear market.

ZombieStar

Dexcom is at weekly Camarilla H5 resistance and will probably get sold off shortly. Recent SEC filings show corporate insiders dumping their shares but it appears that institutional ownership are still holding; with 98% of available stock under institutional management. I suspect that institutional holdings will slowly spill out from the top of the triangle but...

ZombieStar Updated 

What you see here is price being trapped between several moving averages. There are buyers and sellers smashed into this mess like sardines. Buyers are putting their bids on one moving average, and sellers are stubbornly putting all their listings on another moving average. One side has got to give. Since sellers are sitting on profit, the path of least resistance...

ZombieStar

It's not a fluke that the gains were so impressive today for Roku. The attempt has to be strong because at the top of todays price range is the weekly H5 resistance (red line). A strong candle through the red line and Roku bulls ride into the sunset to $155