check for downside case
look for resumption of bull move; consolidation ends soon
top of channel short to bottom of channel; requires looking after in trade
top of trend short here $intc loss limit 51.93 take profit 44.25 timeframe is long though 2-3 months
short here or at 499.11 take profit at 463.7 and stop loss 515.77; 8% profit 3.5% risk
R/R of 2.36 set buy limit at 255.22 stop loss of 244.24 and take profit at 280.8
got something for bears to look forward to; $SPX500 in an ascending wedge; very bearish pattern ending by 12/9 and 12/28
DHt coming up on a lower trend; buy short term long; look to buy at trend support 4.96; stop loss 4.77; target profit 5.33
$bgs in a nice setup, strong FA, wedging down and price action constricting for a breakout, RR Ratio 1.89; 8% risk downside 17% to upside potential; buy now or at 26.18, stop loss 24.43; take profit 31.05
Fox News Short Thesis: 1) death rates higher for fox news viewers www.youtube.com 2) Fox news ratings plummeting after calling election for Biden time.com 3) Fox news actively threatening guests not to appear on Newsmax www.businessinsider.com dilille010 risk reward of 4.3 for stop loss 30.36 and target of 21.27
supports 3450 3400; look for low volumes in December for holiday season, slow melts up; look for a test of lower trend in January or breaking up out of channel.