$VIX closed below its 200 day SMA for a second month in a row. Last month, $VIX closed below 200 day SMA on a Friday also, and 1 week later, was the largest correction of the broader market since March.
Yesterday, $NFLX, a company that would benefit most from the "stay at home"/lock down environment posts an earnings miss* (with an asterisk), and with a majority...
Doesn't get much cleaner than this. $PAYC closed below its 13 & 30 SMA with an SMA cross on the 1D chart. Along with a triple top formation and a close below support. You cannot ask for a cleaner chart than this.
Target would be the 200 SMA line with is nested below a nice gap, around the ~263 area.
Based on the charts, it looks like TSLA could be breaking below its wedge on 30m chart, and it has some very well formed gaps to fill. I expect if it breaks below the blue channel, you can expect it to at least find support in the yellow channel.
This is not trading advice, just my opinion based on my own DD and analysis.
$FSLY has been on a tear since their early May earnings report breaking their ATHs just about every day. I am bullish long term, but, it looks like we could be nearing the end of wave 3 or beginning of wave 4 of an impulse wave up.
It found some decent resistance around the 81.50 area to close just above its low for the day. If it breaks lower, I expect it to at...
$SQ Square is looking like it is ready to correct itself in the near future. With accelerated C19 cases in multiple large population states, this will potentially hurt small businesses the most, which is Square's primary client base for their POS/processing business.
The one hour chart lays out are 2 target price gaps that will need to be filled at some point,...