AYX levels annotated in the chart, technical aspect looks good. looking for a break of 114 to fill first gap at 120. Possible ER run up with ER coming February 5th
If Dkng can hold above 47 Im seeing a retest of 50, under 47 I'm seeing a bounce around 44.70 for an EW 1-2 setup. Under 44 its going down to my major wave 2 target at 42. Keep in mind we can see some blood today with the GA Senate runoff (market uncertainty). So scale in on these dips! So much to look forward to this month expecting a minor sell off with 2021...
DKNG still has more room to bleed under 45.81 I'm seeing 42, which would be an ideal entry to scale in long term positions! In an abcde correction so watch for a break out of the falling wedge to retest 49, clean break and hold above 49 i see an overall move back to 53
Levels annotated on the chart, Ive updated Disney the past few weeks and almost every week is new ath, Set a tight stop loss as its at all time highs and looks to be coming to an end of its parabolic move, If Dis+ continues to display great news and brings in new content Dis can keep pushing and create new highs. Mickey giving us Disney Land money!
Spce has a little more to drop looking for a bounce at 22.68 was to focused on my minor count in my previous charts, under 21.35 I would cut short term options but good area to add long term shares. Spce is a great company and has potential to run over ATH but this is al on speculation next space launch date is announced early next year. Keep in mind this could...
NIO playing the run up to 1/9 could see a run up at open lowest i see it going is 44.98, Over 46 we should see some nice movement to 49.84 Over 49.84 I can see 53. under 44.30 I would cut short term.
Bynd trading in a box watch for breakout either way, over 145.90 its going for that gap fill at 150. under 134 its going down
under 100 would invalidate this idea looking for a break above 103 and hold above that for an entry. Safe play: 105C for 1/15 has the best liquidity for otm contracts nothing for 1/8 is appealing to me Lotto/ day trade: 12/31 105C .13 (highest oi contract for otm weeklies) all weeklies for this have low volume
Watching for a bounce here to retest ATH, cross on the stochastic good indication of reversal just need volume to pick up for confirmation!
CHWY broke out and held above its bull pennant, i would look for entry near 103.05 or wait for break of 105.30 to retest ATH. If it can hold above 106.50 tomorrow we could see 110 by eow. I would be careful with Chwy as it is very extend and overbought on the higher time frames, correction is coming soon but I have high hopes for this to run during this Santa rally.
Dkng invere h&s watching for reversal here, over 52 we could see some bullish movement this week. safe play: 55 C (1/8 or 1/15) good liquidity on both contracts lotto/ day trade option: 55C 12/31 .58 or 60C 12/31 .10 (both contracts have great liquidity)
Disney had some good movement last week, looking for some nice movement this week with the Santa rally. Look for an entry near my wave c correction, we could see a dip or it could ignore that wave c and have a bullish push pm. Look for an entry near 171.11 under that we could go for that gap fill down at 170.48. Major breakout of 175.84 and we'll see ATH...
Found this on my scanner as well, annotated my analysis on my chart. Need to do more research on the financials but this looks like a good set up and has a lot of potential for recovery.
Dont know to much on the fundamentals need to do more research but if any one knows of this drop some knowledge in the comments! It popped up on my scanner
SPCE in my minor correction wave 2, watching for breakout of 27.52, measuring a breakout to fill the gap at 31.71. Under 23.79 I would cut for short term options. Shares are good to add here as well. Playing this on speculation we get a second launch date early 2021
Flat Wave 4 correction going for my wave 5, 345 coming short term, i can see 395 by March
DIS finally moving could see another leg up during power hour, needs to hold 173.50