LOW is approaching a resistance at the $117 range and may proceed to take a tumble to the $101 support line if it continues this pattern. Would not recommend getting in yet because it has $2 more to move up but still is something to keep and eye on.
MCD has a real chance of having a fall to its support at $180. This would be a solid Risk/Reward ratio over 4.50. Short for the next 1-2 weeks and long pop as it is creating an ascending triangle.
PFE has created a very sharp ascending triangle that has very closely resembles my previous $CHK idea. A great opportunity if you can wait for the dip at $42.80. NYSE:PFE
Berkshire B has developed a very nice 4 month pattern since the beginning of 2019 and I believe that it is a rime time for a shorting opportunity. Looking at a 4 hour chart the risk would be a little bit under 1% while the reward would be in the 4.5% area. Definitely something to keep an eye on if it can make a slight push towards the 206.5 area.
$VZ Has created a horizontal pattern since December 2018 and is looking to have a major fall within the next 1 - 2 months. While only risking 1.5% the potential profit until the next support line is 4%. Falling to the second support line would be 8.5% profit. The last and final support line until a major break of pattern would be 12.5% potential for profit....
$CHK has had a continuous bullish trend since December that bounces off of an ascending channel. With the channel being confirmed four times and reaching a resistance line at $3.20 I believe a major breakout is about to occur.
$D has hit a resistance at $76.90 and has potential to fall and hit its next support line which would be a 5% profit from the price now. If it can continue to Fal to its second support line then the profit would be 7.9%. If it can continue to fall to its third and final support line then the potential profit would be 10%. All while still only risking 1%.
$K has created a month descending channel with a perfect entry as of today. (03/27/19). This entry point provides a 2% max loss set at the point of breaking the descending channel pattern with a 7.9% profit. Very solid chart.
$TSLA Daily Chart -
It's been experiencing a serious downward channel since mid December and is looking to continue to fall. The reason why I'm calling this one out is because for the past two years it has had a support at the $245 - $255 range. Perfect for longer term swing traders. Potential of 10% to the first resistance line after hitting the support and 19%...
