This stock is breaking out on the weekly and daily charts . I will be entering on pullbacks. I think this stock has upside potential based on its upcoming drug FDA date, Dextenza. I like the data that has been released so far, seems positive. Let me know what you think, would love to discuss.
DVMT flirting with a double top pattern here near highs. Some crucial support around middle of the bottom.
This area of support is super important for FB, if a bounce fails, look for more downside
Higher lows, fed out of way. Watch for bounce off this area. If fails, short
Flagging up around all time highs. Will watch for breakout of downtrend. Weekly chart looks even cleaner if you have time to check it out. Slower moving stock, but could be a solid hold.
Here we are back at support, a break below could send us toward 15. See how it reacts. I would need to see some nice volume for this stock to get back over recent high. Just wait for the rumor
flag after couple of days on the run Would be nice to see MACD curl back up. Watching for a break or closer to bottom to have a tight stop
Looking for a break over trendline. Near opening IPO price Good luck
Double top pattern on the formation here. We broke through 64.75 on this gap down in the market completing the double top. A retest back toward 64.75 may not be a bad idea for a short. Place stops appropriately.
Call it what you want, the break should be a good move either way. A break down in retail would send this lower. A break higher in retail could really send this one higher.
Citigroup shares showing a potential double top here with a break below 58.75. If it does not hold, may consider reshorting on pop bask up toward 59. Will see how it reacts.
Watching VIPs here to see if we hold the 10.00 area of support. We have put in lower highs on this base recently which could be a cause for concern. This area has been holding since early 2016. Would love to get a try around 10.50 with stops below 10.00.
This 30-30.50 area have proven troublesome for this IPO. We are putting in higher lows. Could be shaping up as a decent bottoming pattern
17.80-18.00 area is next stop for resistance. Will be interesting to see how it fairs over next few days on lower volume. Still holding position from 16.31 from December 23rd.