WDAY Bat formation (almost perfect Bat) lets see 115 by year end
BABA Gartley formation. 186 by year end ?
NYSE:TWTR strong bullish. On this log scale chart, you see the pink channel, It moved the channel width after April earnings. So likely it will hit channel high this time too. completing the gartley pattern. Might reverse at 0.786 extension. If a pull back from here, just traces back half this channel instead of going to the bottom of channel, it will show...
NASDAQ:WYNN good consolidation just below 50% retracement at 150 ish, a breakout of 150 will take it to 173, the 61.8% retracment of the long downward move on 5 year chart
WYNN With R2 yearly pivot support just at $141.54, it will be a defined risk trade with upside move of 157 on earnings. The diamond pattern upward breakout price target is at 157.07 which coincides with 1.618 extension 157.3 ish . Also there is a squeeze on daily that might give some momentum to upside
DATA Bat pattern, 83 this earnings and might reach 95 by next. Moved above 38.2% fib retracement, Will reach 50 % fib this earnings and ultimate target would be 95. The 88.6% retracement
The ABCD pattern takes it to 372ish . The Perfect Bat harmonic pattern can take it all the way to $382 before any potential reversal
TSLA Semi-truck unveil postponed to Nov 16. While those resources are being used to help with Model 3 bottlenecks, which is a good thing, earnings on 10/25/2017. Not sure if there will be a big rally. But 365 is a decent upside target before earnings. But mostly it would be range bound. Selling Iron condors in the range of pink lines, would be best strategy. But...
It will be too difficult for AMZN to penetrate the thick daily ichimoku cloud resistance so Potential pull back to 957 quite possible with sideways action for some more days.
Now that it broke below the apex of the triangle, and uptrend line, which it did break last time in August too, and there is a chance that it might bounce back higher from here. But if the price continues to fall, the supports would be 336.32 yearly R2 pivot and then ultimate support would be the 327 Ref double top high from May and the small gap fill from august
AMZN as expected to pulled back to 88.6% fib retracement and completed the shark patttern and it can bounce to $977 before earnings Stop is 113% extension at 930 ish
AMZN Shark pattern might go down to 942 before raising to 977
TSLA today testing the apex of the symmetric triangle (Red / blue) break out. If it bounces from here, next target is around 390 by 10/13/2017. Then a small pull back and then breakout of the ascending triangle (pink/blue) with a ultimate price target of 450.
NTES NTES might pull back into october against strong ichimoku daily resistance. Or it can consolidate in the cloud for a while. Earnings on 11/08 is still too far from now. If breakout of symmetric triangle on high volume through the cloud, then it would add lot of momentum
DIS Potential Perfect Bat formation by October expiration. With 93.24 being potential reversal zone. DIS stock as such respects harmonic patterns well. You can see previous gartley pattern respected well. It is a little bit slower to meet these patterns.
NASDAQ:IBB reversing from 2.24 AB extension and should find some strong support at 50% retracement of 303. This is potential reversal zone upward for this pattern. It also marks the channel low. If it does not bounce from as per 5-0 pattern. Then it falls super fast to 0.886 retracement. of
XLF bat formation complete. Potential reversal to 24.2 possible
NASDAQ:MOMO MOMO forming potential cyper patter. If price reaches the 43.6 value by July 21st. It might putll back to 40s