swara7kadir

swara7kadir Updated 

There has been some positive earnings news on AMAT and got some premarket volume on today Friday the 16th. if you look at the daily chart you will see that its respecting the ascending support Trendline (blue). Currently its below the 20 daily EMA it needs to get above it and hold for me to go Long on it. It has open space from the 20 Daily EMA at 47.50 until...

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YUM has short potential the risk reward areas are highlighted in red and green its about 1:3 which is decent stop would be 20 ema and profit at gap the intraday 5 min chart shows weakness too

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swara7kadir

LOW and UBER have interesting daily, weekly charts showing weakness. If the market is aligned and continues to go down then LOW and UBER might be a good short depending on the price action and how the SPY is doing.

swara7kadir Updated 

PZZA has short potential a lot of resistance overheard in the form of the moving averages and the pivot levels, while its got room to come down the candle before that is a long green candle

swara7kadir Updated 

CARS has volume and its good negative earnings play. Good for a trade, the Daily chart as you can see is extremely weak, it has gone below the all time lows of around 18. Its currently trading at around 12 and has a decent premarket volume, based on the daily chart I would like to go Short on it once it gives a pullback opportunity to get an entry. The overall...

swara7kadir

TSEM is gaping up on positive earnings call, has a conference call at 10:00. its Daily chart and 15 min chart are consistently bullish; showing strength. I would go long on it, if it clears the 20.66 pivot has room up to 22.64. I am not interested in shorting it. As it has broken out of consolidation on the daily chart so its more on the bullish side.

swara7kadir

MYL is gaped up on merger news with Pfizer company, premarket volume is very high at almost 5 million shares which may cause congestion. Although the Daily chart is weak yet if you look at the 15 min chart on the right you will see that there is a lot of support in the form of pivots, trendlines and 20,50 daily moving averages. I like it better for a long since it...

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$NFLX had a negative earnings yesterday Wednesday after hours. Big gap down to below all major moving averages 20/50/100/200. If you look at the Daily Chart on the left you will see that its currently around $324 premarket (Thursday) which is mid way between the $333 pivot as resistance and $311 pivot as support, the 15 Min Chart on the right shows this. Intraday...

swara7kadir

DPZ got an earnings miss getting below expectations revenue. If you look at the daily chart above and the trendlines, pivots and moving averages you will see its all weakness. Its currently trading at 249 premarket. It has sank a lot by around 20 points which in itself is a concern, because when a stock sinks too much premarket bulls would come in and buy it as a...

swara7kadir

C has earnings tomorrow Monday the 15th. It looks more bullish than bearish. Its making higher highs and higher lows and its above all its major moving averages 20ema,50sma,100sma,200sma. Recently its been hitting the overhead resistance area around $72.00. If it breaks out of the 72 daily resistance then it has room to go up until around $73.30. On the bearish...

swara7kadir

$CGC had earnings today on the negative side. If you look at the Daily Chart on the left you will see that its below all its major moving averages (20ema,50sma/100sma/200sma) but its making a higher relative low so a slight concern there as this is slightly bullish (showing strength). Now if you look at the 15 min chart on the right (I use the 5 min and 1 min...

swara7kadir

KR is gaping down after earnings. Currently premarket it has a lot of good volume, so probably its going to be a key player when the market opens. Looking at the charts on the Daily and 15 min chart, you will see the pivots 22.39 as support and next after that 20.43. I will be waiting for the stock to get below the 22.39 pivot and make a lower high lower low...

swara7kadir

ADBE is looking strong today ! The earnings came out better than expected so we have a good catalyst. Looking at the chart it needs to get above 291.71 if it breaks that it will be clearing the all time highs and that's bullish (going up). Currently the stock has surged after hours on Tuesday. I would go long on it once it breaks the all time highs and start...

swara7kadir

LZB Showing weakness after earnings missed targets. It faded hard after hours close to 25.50 pivot I have drawn. Right now its between pivots. The market hasn't opened yet to show the pre-market price action. I would be more interested in shorting it as the catalyst is negative and it has room to fade until 23.15 then 19.66. I would take a position if it gives me...

swara7kadir

AVGO is having some volume today Friday. its currently above the 256.62 daily pivot that i have drawn. For a Short it needs to get below this pivot and make lower lows and lower highs. For a Long it needs a lot more work but it can get above its 200 SMA (brown color) and go up to its 20 EMA (green) that's about 15 points range. However its a lower probability...

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LULU is breaking all time highs after positive earnings on Wednesday after market close, stock is strong after market yesterday and today. What I would look for is higher highs and higher lows. It needs to stay above 179.50 all time highs. If the volume is good and it gives a pullback after the market opens then I would look to go Long. Its Daily chart is strong...

swara7kadir

TSN is breaking all time highs and going up premarket. Its following in the footsteps of BYND, announcing alternatives to traditional meat recipes. Its sending the price up high above all time highs which is 83.15 I would go long if it keeps making higher highs and higher lows on the 5 min chart. It needs to give me an entry signal which is a pullback against the...

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PLAY has a nice bearish daily chart, below all major moving averages fallen below the trendline (blue color), gaping all the way down from $52 to $41. The Earnings were below expectations and premarket now is gaping down below the major daily pivots I have drawn on the Daily chart which are $45.47 and the other major one $42.50. Provided that it stays close to the...