I've plotted a possible bearish crab forming on BKKT. XABC could be near completion, leaving the C-d leg to trade. Earnings is in 3 days NOV 12. This could be the catalyst. Hidden bullish divergence also on the 4hr MACD. If the current level of $26+/- holds this would be a .786 retrace at C but could possible fall to the .886 which would be $23.50+/-. Volume is...
LUV is not selling off at the 200 sma. It is finding buyers and price action shows me that it is gaining strength while other airlines are struggling. This along with great fundamentals and recent news of EXPANDING into O'hare in Chicago and George Bush airport in Houston tells me they are taking this opportunity take market share from AA and UAH who are currently...
I believe there is a long opportunity on LUV at the 23-24$ level. This level completes the head and shoulders pattern and is also a previous all time high set in OCT 2001. Old resistance tends to becomes support so i'll be looking for this play and i believe there will be lots of buy orders in that area driving prices up. Targets will be around 31-35$ to take...
I've plotted a bullish bat pattern on Tesla. Tesla has pulled back 88.6% from the last major swing low to the top of the pattern. Depends alot on the macro but I believe Tesla doesn't always move with the market so it could happen quicker than most anticipate. Also there is may be some bullish divergence possible forming on the 4 hr chart. Targets are the common...
Fibonnacci channel plotted on 3 day chart show the bottom of channel being hit and holding for now. Major pivots up in the past have shown great profits of 50-100% or 12$+. Bullish divergence on RSI and MACD on multiple time frames as well as Reset ocillators on multiple time frames. Twist is still in a bullish trend long term since IPO. Possible bearish cypher...
Possible bull flag and ABCD pattern forming. Support at 200 SMA, .618 retrace from previous swing low to high, previous all time highs. Ocillators have reset for another run up towards measured move of bull flag and completion of ABCD pattern.
Bearish cypher possibly playing out. Coinciding variables for support at 17.60ish; Previous highs from 2015, 50 % retrace from last major swing low, 20 SMA on daily chart.
