olakunledean
Premiumzoom is forming a triple bottom on the daily and has been rejected from that zone having found support. am long zoom. today close is vital for me.
Tsla found support at 895 zone to complete a 4 wave retracement of a larger wave 5 . the impulse wave 1 of the larger 5th wave just commenced. i expect correction any time soon for the wave 2 before a big rally upside. if we don't get the correction, i would only recommend joining the swing up on a retracement.
SQ found support at the 158-161 zone. am lookin to go long on SQ
tsla is in a triangle compressing . I expect a break out very soon.
i closed my spy puts . am currently watching the candles to see if spy wld get momentum to go long
spy closed below the demand zone . today candle close show the possibility of a retest at 473. i see price getting there next week . would check for sentiment and price action . currently holding a buy on spy. got in early. if spy break below 473 then a 61.8% retracement of the last impulse might be possible.
Amd found rejection on the 131 line. would look for sell opportunities next week
spy found support at 474.91 and formed a bullish price action. spy call looking long from here
costco resistance area held. would expect more downside
spy is retesting the demand zone. i had some spy puts contracts and it has tested this zone at least 4 times. if i get a rejection on the next candle close would look for a buy position.
Costco opened higher today and sellers stepped in to short it. am awaiting for the 2hr candle to close bearish pin bar. currently in one sell position. need confirmation to stack.
spy found rejection at the supply zone as analyzed 478 area. price currently at 475 lower demand zone. a break and close wld expose 473.
spy is performing as expected. the marked zones held well. would hold position for spy to drop to 473. A close below 475 is vital for this to occur.
zoom is a good boy. retested the buy zone and formed a nice head and shoulder pattern. long position activated
tesla opened lower today, if i get a bounce off the 1059 area and a bullish close. a buy looks to be cooking.
tsla is forming a flag pattern on 1hr. if we get a bounce from 1059 and a close above 1100 expect new highs to be formed.
spy formed a bearish pattern on the 1hr tf. waiting on a close below 476 to validate sell.
if tesla breaks below 1059 . then i would begin to look for a retracement to go short.