I am not really sure who is defending this stock at 15 but they are really, really trying to hold that level, while everything else is dropping including IQ, I am not sure how they plan to hold that support. It will be interesting to see what happens below that 15-14.50 area.
not taking this trade but looks like a good buy in case of rebound.
Personally Im not taking this trade myself due to my own rules. this might rebound to 181.48, and only possibly over those lvls I might take the trade. Meanwhile seems is gonna be a free week for me.
Might be a little too early to say but this is likely to be formed.
Looks like 200 dema is a good respected lvl. Might start to move higher for the next days.
This might be set for a rebound but trend has been down for a little more than a year, so I would not expect much. If this gets back above the blue doted trend line, it would be back into the longer term up trend. Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
An apology, I was trying out this fibs with recent lows, but look like this longer term fibs have a more validation. Currently bouncing on the 61.8% fib. We might be looking more to a double bottom now. Still lots of resistance in front since we are under the 200 DEMA. 20 DEMA(not in chart) might be a useful guide with the 50% fib.
this should be fun, and im not talking baout the app
AAPL today's move might be an indication of a near term rebound, but also movement depending on general mkts.
So no more position opening for now, at least we break either side of this box, currently holding 78 fib. Currents positions will close themselves if stop. Shorts still open.
It seems like today the bottom of the channel got tested to finish the day above. Tested also 200 DEMA and rebound, so this can be a possible pivot point for IWM. Well see next week.
back into this once a again, seems to be working already, break out. Same thing happening to DIS