ContraryTrader

ContraryTrader

Don't have much to work with since this IPO just listed. I caught the initial rally let's see if there's a round 2. Yellow line was the downtrend that was broken. Green line is double bottom conformation. Fib targets are 1.139 2.148 3.156 OBV is on the verge of a bullish crossover

ContraryTrader

Motley fool really help push that break out.. Channel top /resistance 171$.. MFI looking good on the daily but on the 1 hour and 30mins its really high so I expect a slight dip at the opening tomorrow .

ContraryTrader

Double bottom breakout on the daily teasing 125.50 Is confirmation but if you want to be conservative 130.00 is an even better entry point. 1st target 130.00 2nd target 137.00

ContraryTrader

Had a big Double bottom break out today with the alt energy sector but pulled back with the riot BS. Got stamped with FCEL and PLUG on Cramer. resistance is at 31.15 but if aftermarket gains hold it should blow pass it with the first fib target(Green line) at 36.50. RSI has room and MFI is great

ContraryTrader

Daily channel on plug.. Double bottom break out today (Redline) . Went up huge in the aftermarket which would put it outside it's on a breakout.. RSI ain't the best MFI is decent.. Fibonacci targets are greenlines.

ContraryTrader

Picture explains it .. Fib targets 1.17.86 2.18.65 3.19.77

ContraryTrader

Becareful .. 200ma around 53$ .. if it breaks through though🚀

ContraryTrader

Redline is current support and close. I'd wait till it breaks out of the channel at around 11.45 - 11.50. Once this Senate race is over in GA it could really surge with the rest of energy . Next targets are green lines.

ContraryTrader

Didn't see the H&S on my earlier trend.. same targets.. Daily timeframe🛬 Mayday

ContraryTrader

Rising wedge pattern on daily chart. Support lines are green.. if 164 doesn't hold , Tqqq will do a double top into 157.. Maybe fears of new covid strain will bump fang and prevent this

ContraryTrader

I thought when I saw that this bullflag that this stock would break out.Alas for every good news that's comes out for Boeing there's always a some bad not far behind.. Today they recieved a low ball price target of 198$, add that to the new lock downs over new strain of covid and voila. At the bottom of channel if it falls thru 198 is 1st target and 187 gap...

ContraryTrader

One of the biggest stocks on the Russell. And I'm very bearish of the Russell. Idea on chart, Next target 121

ContraryTrader

Looking at the chart , you can see etsy fell out of its secondary channel and found support on it's original channel. If support gives way our 1st target will be 165 2nd target 155 if support holds next target is 180

ContraryTrader

This stock is tricky.. The new strain of covid fear could just Fu*k this all up so trade with caution. Did a double top today when it broke upper channel. target is bottom of lower channel 130$

ContraryTrader

Thought penn would hold up in this pattern till at the end NFL season. 1st target green line

ContraryTrader

Thought the breakout would come thursday.. Had to move the goal post a little. would really wait until 36.75 (Green line for entry). 1st target 39.70

ContraryTrader

This is a trade idea based on Two things, First is news of NYSE delisting Chinese stocks on New year's eve. 2nd Dark cloud cover shown on DEC 31th candlestick. 1st target 198 (green line) 2nd target is 191 (green line/Channel top)

ContraryTrader

PDD went on an incredible run was week with a few other Chinese stock because of Euro/ Chinese trade deal. On New year's eve NYSE delisted a few Chinese stocks. This might be a nice Fear play. 1st target is channel top 2nd target green support line