These whipsaw moves in this last year have been aggressive. Lots of opportunity out there if you stay patient. Chart shows how aggressive these moves have been in the last year. Selloff into oversold conditions generally gives way to a violent snap back reversal. The reversals dont last though before they themselves reverse. $SPY $SPX
The 180 level on $TSLA has been support for nearly two years now. With the 200W EMA broken today bulls seem to have lost their hold on this one. Outside of the Covid lows the 200W EMA has not been broken since $TSLA broke out in October of 2019. Below the $180 mark opens the door for a gap fill and a retest of the 200W SMA in the mid 160's.
The "crazy" thing about $CVNA(-10.9% down pretty hard today) is that it was already down some 60% off its all time highs after Q1. It's down another -83% since the start of April; heavy short interest still in the name. Let it be a lesson to not blindly btd
Has been consolidating for the last couple of months and looks poised to breakout again $JNPR
Failed the 20D again. Got a headline after hours thats gutting it. Rolling head and shoulders and/or a giant wedge forming. Levels Im keeping on watch are in black. $AAPL $QQQ $AMZN $TSLA
Pretty big setup for $LMT as things escalate between Russia and Ukraine
Broke the wedge it's been trading in all week. Should ultimately go to fill prior gap
Setting up to break out of ath/critical 400 level. A consolidation at that level would be ideal and welcomed
Setting up for a downtrend breakout. The 200D should be the inflection point
Resist here 232 with a nice little gap above. Looking for rally into that major downtrend it's been in since ATH $BA
Small speed bump here at 232 with a nice little gap above. Looking for rally into that major downtrend it's been in since ATH
50D resist has arrived. Great action off a long base $CLOV
At this point i'm just interested in an all time high breakout