heidib

heidib

NTLA has been flying through resistance levels from oversold conditions and looks like it's testing 17.28 resistance to establish it as support. If it closes above, likely going higher - if it rejects off of 17.28 then likely retest of high 15s before re-testing 17s. Apart from ongoing patent battles, this company was hit by a scientific paper that made unfounded...

heidib

WATT is sitting right above 16.14 resis. level now, having blown thru 16 & 17 levels from 15.5s (gapping up) on news of DLG $15 million additional investment. It tested high 15s today (but still hasn't filled the gap to 15.5) and looks like it's trying to establish 16.14 resistance level as support now. Based on previous action and a heavy short position, I'd...

heidib

AMD tested and rejected off the 12.6 support (now resistance) level on Monday wth low holiday volume but today it's gone thru it. If it closes above that today AND opens & closes above it tomorrow, i'd guess we're on our way back up to test (and likely break thru) the 13.67 level. Even if we close above the 12.6 today it won't be confirmed upward til full candle...

heidib

FLXN blowing thru resistance coming up on earnings CC next Monday 7/10. Looking very strong but not confirmed until today's candle closes above resistance and full candle opens and closes above 22.18 resistance tmrw. If it does, think that's a solid buy signal as I don't see much resistance from here to 26s & if they're on track for FDA approval of knee drug end...

heidib

So far, SHOP has tested lower support levels but uptrend line has held by close each time. Looks like it's poised for a bigger move either up or down given that wedge we're in now (which will be determined Monday July 10). Looks like a close above 86 keeps uptrend intact & depending on if it closes closer to the top of today's candle/wick vs. the bottom we'll know...

heidib

Ok looking good. Bounced off the 84.5 trend line, tested/rejected the 87.4 new support but holding > 86 well. Uptrend intact:) Is it fake? We'll know if it closes above or below the uptrend line intersection at ~85. If above, uptrend still intact. If below, could still head lower to complete the head and shoulders. Personally, I think it will hold & either retest...

heidib

SNAP held strong above the 17 support level and even tested/went through the 17.83 resistance line yesterday holding above 18 despite a down market with tech selloff. While I would have guessed it would hold above 18 or keep going, stochastic suggests it's a bit overbought so looks like it might break back down below the 17.83 again today...I've already sold my...

heidib Updated 

AMD closed just below 14.1 resistance, may test 13.67 support before breaking through the 14 level...close above ~11.40 keeps long uptrend intact - patient may see test of 12.6 support for solid entry. I just sold the Jul 12.5 puts for .33 ($33/contract pocketed or shares assigned at 12.2 avg. in a few weeks) - recommend anyone seeking entry do the same, perhaps...

heidib

AMD finally tested 12.6 support yesterday (and filled that gap from the other day) - wating to see if it will hold today but it's Friday before a long weekend so won't be surprised if it breaks that & heads toward next 11.7 support level. If it holds above 12.6, safe to say it'll trade around there today & move up toward the 13 level by close or next week. Longer...

heidib Updated 

Looks like ever since the 91 offering, SHOP's been trying to find new support (~87.40?) burdened by bear raids...looking like clear head & shoulder forming but will need to break/close below that long uptrend line (84.4) to be sure it's reversing down...personally I think we'll retest that line & it'll hold (providing excellent entry as anything under 91 is solid)...

heidib

Watching to see if we close above or under the 84.5 uptrend line intersection. Looks like it might close just above it today but depending on how much, I think we may test it again tomorrow - esp. Friday before a long weekend so waiting til then to confirm.

heidib

WATT blew thru 16 & 17 level resistance and now sits on top of 17 level this morning due to an announcement that Dialog Semiconductor has invested an additional $15 million in Energous/WATT (on top of prior $10 million investment) - another nail in the short thesis coffin (who argued they would screw shareholders and dilute by mid May of this year...). CEO Steve...

heidib

PI rejected off of 60 resistance, went thru 55.45 support (which will now likely be resistance) to retest 53 support level...guessing it'll test around here and lower to the 46.7 level and maybe even lower given recent downgrade, tech selloff & coming holiday before settling around lower support levels til next earnings. I sold July 45 puts for .75 - $75/contract...

heidib

If the 145 level support holds, should be a quick retest of 147 level before breaking through to the 150s again. A close > 143.50 keeps long uptrend intact. I sold Jul 7 $140 puts, recommend anyone seeking entry do the same to reduce cost/risk:) beginner learning to chart, thoughts welcome!

heidib

FLXN moving on buyout rumors due to pending FDA drug approval Dec. 2017. If closes > 20.82 expecting a test of next 22.18 resistance level tmrw/this week. Not seeing much resistance once it goes through 22s. Have been watching for entry, sold loads of 17.5 puts this morning - usually wait for red to sell puts but pushed date out for solid premium...def recommend...

heidib Updated 

Looks like solid support at 17 despite chatter about it going to single digits...and is that a doji near that support? could be signal for reversal back to 19s...think it needs to break/hold 17.83 resistance to be sure though. Uptrend intact. I'll be selling more 17 puts before close. Beginner learning TA/charting, guidance welcome:)

heidib

If closes below 94 resistance, likely chance to enter during retest of 91 early next week before breaking through 94...it was on its way through 100 right when they announced stock offering @ 91/share, rebounding now after being oversold due to fear/panic. Excellent for selling puts/calls.

heidib

HABT trading near key support 15.34, close below = retest 14 level - if it stays closing above likely to retest 16 level, softer resistance from there. Recommend selling puts during next dip (ideally retesting 15.34). Given growth rate, any shares acquired < 15 = safe bet. Beginner learning TA/charting - thoughts on support/resistance/trend lines welcome:)