smtraderCA

smtraderCA

$TLT just broken down from a weekly head & shoulder pattern. If measured move plays out, could see under 100.

smtraderCA

$TSLA needs to reclaim 800 (get back into the FIB retracement zone), else watch for the recent pivot low for support. If it fails to hold that level, could be some shaking ahead!

smtraderCA

$BABA will be reporting earnings before the market open tomorrow. Currently market is pricing in a +/-$11/15 or approx +/-5% post earnings move.

smtraderCA

As the market reprice, and the FED pretends to know what they are doing, just follow the Fib to trade the safe haven, #gold.

smtraderCA

Here's a Fib analysis of a possible 'h' breakdown with a 127% extension move to 3200 if it can't get back into the channel.

smtraderCA

#AAPL is due to report earnings tomorrow, Tuesday, Jan. 28, 2020 after the market close. The current projected move is +/-$17.80 or +/-5.7%

smtraderCA

Is there Fib trader in the house? #ES_F is bouncing of the 61.8 after it has broke below the price channel support.

smtraderCA

TSLA will be reporting Q4'19 earnings AMC on January 29. Here's what the market is currently pricing in for earnings.

smtraderCA

Tesla $TSLA continues to forge higher. In this uncharted territory, I just follow the Fib. Your guess is as good as anyone! This is a guessing game played with proper risk management. Anyone tell you they have a holy grail setup is full of BS. GL.

smtraderCA

$NFLX will be reporting earnings after the close today. The market has priced in approximate +/-$28 or +/-8.35 move.

smtraderCA

NIO recently broke out from a fall wedge and it appears to be heading back to challenge the IPO low of 5.35. If it can move back into the IPO range, the next potential target could be near the 6.49 level. If this attempt fails, then it needs to hold the 4.00 support level in order to maintain its current momentum change.

smtraderCA

The overnight ATH made during last Friday globex session at 3287 is being targeted.

smtraderCA

The bear flag did not have much follow through and was stopped out. Shortly after the short position was closed, a long position was initiated for a reversal trade.

smtraderCA

After a huge run up due to the Middle East bombing from Iran, a dramatic reversal presented a potential bear flag trade on gold for the near term. Here are the possible entry, exit and profit target zones for this bear flag.

smtraderCA Updated 

Poor high from market profile & volume profile need to be resolved, therefore, will be watching for new HOD.

smtraderCA

Talk about overvalued and over hyped up stock, AMD is one of them. It is trying to get above $50 and came up $0.04 shy of that level so far in today's session. Watch for potential daily reversal candle!

smtraderCA Updated 

TSLA $500 round number target was missed by $0.70 in pre-market today. It is appear to be pulling back and possibly test the ascending trendline for support. If it can bounces off this trendline, then look for a continuation move toward the $500 target level with a possible 100% symmetry measured move.

smtraderCA

After a massive post earning move, NIO has pulled back into the mid 3 area and forming a potential balance area along with a descending wedge. If NIO breaks out of this balance area on the upside, then it will also breakout from the wedge that could possibly lift it back toward the 4.20-ish level.