Good spot for some mid range longs.
Pink area are targets for the longs.
Green zone good spot for entry. Although, if it reaches here, it may pull back further to teal before pushing to target zone. Orange line is stop loss for green zone entry.
Teal zone should be stronger. Red line is stop loss for teal zone entry.
Some levels for WYNN.
Yellow are solid levels for a solid mid term trade.
Greens are solid, but the teals below are more enticing. Could go on a solid run off the greens though.
Teal are the strongest levels for long term trade.
Red zones are short zones. Teal is long zones or targets for shorts.
If it drops here before the top red zone, red zone is profit target for longs bought in teal zone.
Right now its in the short zones. I suspect itll pull back into the teal buy zones
Orange is shorter term resistance zone
Red is longer time resistance zone
Yellow is shorter term support zone
Greens are longer term support zone
Orange/red zones are good exit ranges for longs, or short entry zones.
Yellow/Greens are good entry points for longs, or short targets.
Theres a lot of trade possibilities off these levels here but a lot of it...
Working into the 37-43 range for the first time since 2006 where a massive trend reversal occurred. High chance it is about to have major trend reversal in this range. For perspective, this is a stronger trend reversal zone than the first bye bye AMD setup linked below.
Zones are general exit/entry areas, lines are levels of interest for reversal spots.
Trend start just below, hopefully brings up to around 29 at minimum. Where itll either reverse to continue downtrend to new lows, or eventually rally higher towards 40 after it works through the 34ish range.
Red line is stoploss, would set a new all time low and continuation of long term downtrend.
The lines are monthly levels. The pink line was tested. Dropped down to the new monthly that was gained on the rise to the pink, which is the yellow line. That has now been tested. The next monthly level above that itll move to, is the red line around 17k. If it rises that high, looks like well gain a new monthly level around where the pink line is at 14kish. I...
yellow lines are good spots to buy, youd set an order front running price on the yellow lines if possible.
but anywhere in the yellow shaded region is aight.
orange dotted is the stop loss youd wanna bail at.
purple zone is good target range to cash out. purple lines a spot youd wanna frontrun a sell order a tad below.
Probably would wanna take profit...
NOTE: I would stay clear of this one or be aware of the big risk. This is volatile as shit. So its very hard to make a safe entry and stop that isnt a pretty big loss. It has upside that could be big but, low risk > big profit.
The lines are some decent specific levels to enter or exit at, should front run a tad.
The boxes around the levels represent...