Get started

Gap

Kroger Gapped Up. Now It’s Pulled BackKroger is one of the top-performing non-energy stocks in the S&P 500 in the last year. Now it may look interesting to trend followers. The main feature on today’s chart is the surge after quarterly results on March 3. KR tried to pull back to the bullish gap in April, only to see buyers defend levels slightly above it. Notice the series of candlesticks this month as new support developed around $53.20. Next is the falling trendline that KR closed above yesterday. Does that mark an end to the short-term decline? Third, the stochastic oscillator is rebounding from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:KR
by TradeStation
NVDA: Complete Multiple Time Frame Analysis (H, D and W charts).Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, NVDA is very erratic, moving sideways, and we don’t see any clear structure that could confirm a bullish or bearish trend. What’s more, it is dancing around the 21 ema (which is flat), and the volatility was quite high today, thanks to Unemployment Rate and Payroll today. We do have a open gap around the $ 200, and if it gets filled in the next few days, the market may see this as an Exhaustion Gap. The daily chart is looking better. NVDA is clearly bearish in the daily chart, as it is doing lower highs/lows, and it is under the 21 ema (which is pointing down). However, there’s a light in the end of this tunnel. In order for NVDA to reverse, it must not lose the red line at $ 182, and it must break the $ 204. This is the condition to trigger a bullish structure. If this happens, the gaps are going to be our next targets; the first one is at $ 230.62. In the weekly chart, we see that NVDA is back to July 2021 levels, after a massive sell-off. During the drop, the volume was low, while it is increasing now that we hit our support level. This is something no pay attention. We might see a positive week now, for the first time since March, 28, and this could be something good. To me, the confirmation will come when NVDA breaks the $ 204 in the daily chart, so let’s keep our eyes open. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses! Have a great weekend!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
5
Does TWLO have more ALOT more room to fall? TWLO has seen a dramatic drop off of highs. It is currently downtrending with strong moves under the 10ema on the weekly time frame. I am looking to short the retest of the 10 ema on the weekly chart and short it to the ultimate target of 110. This is the low of the breakout candle made during the week of May 4, 2020. There is support at 150 and 130 between here and then. I plan to take profit at these areas and reenter on bounces unless I start to see signs of a reversal.
NYSE:TWLOShort
by Decam9
FB - could the low be in?FB hit a low of 169.589 on 27 Apr on high volume and then gapped up strongly the next day on even higher volume (due to positive earnings). There is a chance that it could have capitulated after having dropped about 56% from it's peak in Sept 2021. It could stall around near term resistence (239 to 248) on the way up and I will not be too surprised if it starts to range. As long as it does not reverse back below the low of the gap candle (192.90), then the worst could be over. However, under the current market conditions, I will not expect it will be able to recover anywhere near it's all time high anytime soon. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
NASDAQ:METALong
by Juliac
2
Activision Blizzard (ATVI) Due For Snowslide?Activision Blizzard ( ATVI ) Due For Snowslide? I personally enjoy snow related activities to include snowboarding. But I can assure you a snowslide event is furthest from my mind when I go. If I had a heads up for the probability of one occurring in an area, I'd take adhere to safety precautions or be far removed from the event. I believe that Activision Blizzard is due for a “snowslide” after it gapped up January 18, 2022. Rationale-ATVI gapped up approximately 15.90 on January 14, 2022. 6.90 of the total gap was filled. The gap amount that remains is approximately 9.81. Please make a note of the fact that, ATVI closed below the 9, 21, 50 and 200 moving averages (please review the chart below). ATVI bounced off the 200 MA twice prior to finally going just below it on April 29, 2022. Though it closed under the 200 MA, the candle is closed as a spinning top. It is for that reason that I will more than likely wait for a safe entry just below 75.28. Overall sentiment- Bearish Peace and Prosperity, Al
NASDAQ:ATVIShort
by MrALtrades00
2
Netflix Gap Down X 2!Netflix Gap Down X 2! 2 gap downs were identified with the most recent gap down (81.69) on April 20, 2022. The other gap down (95.78) occurred on January 20, 2022. Both gap downs occurred AFTER earnings. Position-Neutral. On one hand I am bullish on NFLX because it is oversold and volume is relatively low on the daily chart. As aforementioned, NFLX has two gaps to fill. I wonder how long will it take for the gaps to fill. I also wonder about the changes Netflix is making to earn back the business of the subscribers it loss. The latter part of my reasoning is what makes me neutral on the overall sentiment of this particular stock. Netflix is currently trading well below its 200 day moving average (514.22). NFLX end of day stock price was 199.52 (28 April 2022). What are your thoughts on NFLX? Peace & Prosperity, Al www.tradingview.com
NASDAQ:NFLX
by MrALtrades00
TSLA - TESLA Run - GAP - CRAP PatternThis seems too obvious to be true. But the facts are the facts. Besides the Run-Gap-Crap pattern, there is much more to recognize: Watch the grey up-sloping pitchfork: Price ran above the CL and now is pulling back, even closed below. This is a clear short signal. And it's in line with the yellow Mini-Pitchfork's CL too. Another tool I use often are the sloping A/R lines, also in grey. I use them for timing, and even they intersect the confluence point at the pitchforks CL and the yellow downloading Trend line. And even oscillators are telling their story too. LEAP options are my favorite instrument in this case to play this move.
NASDAQ:TSLAShort
by Tr8dingN3rd
AMD: Any chance of reversing? Let's see.Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, we see a strong bear trend, and there’s nothing indicating it’ll reverse. As long as we keep seeing lower highs/lows, we can’t say it is a buy. However, AMD has a few key points that if broken, it could trigger a reversal. First, we have the 21 ema, working as a resistance for the price. Second, we have the purple trend line, as AMD has been trading below it for nearly a month now. Last, we have the previous resistance at $ 91.35. Only if AMD breaks all these resistances we might say the trend will reverse in the mid-term. If AMD is about to react, the timing couldn’t be better: We just hit the support from July 2021 today (blue line). We see a bullish candlestick today, which is great, and since we are just at this support, the Risk/Reward ratio favors long trades. We are far from the 21 ema, and any reaction in the 1h chart could make it retest the ema again. If we see more confirmation signs in the daily chart, we could say AMD will fill the last gaps, and the $ 118.60 would be our target. The only problem is we have earnings in 6 days. This will increase the volatility, and could help a bullish thesis, sure, but if it backfires, the next support level is at $ 72. For now, I am neutral on AMD, and I see many other stocks that look much more interesting, but if this works out, it could be a great opportunity to trade. Now is the time to watch it closely. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
7
Falling Wedge - Earnings Play (Update)PYPL has been trading sideways for quite some time now after selling off after earnings. PYPL's holding a big falling wedge going into earnings with bullish hidden divergence on the RSI, multiple gaps to fill on the upside and is also in oversold territory. Earnings plays are always a gamble in my opinion. Personally am bullish and will be looking for a breakout from this wedge and for PYPL to go for the gap fill on the upside (Broader Market Conditions Permitting), please exercise your own due diligence given that it is an earnings play- just some FIB levels along with some RSI based supply and demand zones to keep an eye on in the meantime- - Falling Wedge on the Daily, 4-Hour, and Hourly Timeframes - RSI Oversold - Bullish Hidden Divergence on the RSI - Multiple Gap Fills on the Upside
NASDAQ:PYPLLong
by jacobosiason7
5
Netflix, What happened?Overview After poor revenue release and news of losing subscribers in large quantities, Netflix has posted two major losses in recent times. This brings the valuation of Netflix shares down a total of nearly 70% from November highs. The future At this rate, the stock has been poorly rated by many analysts and has strongly bearish momentum. The question now is whether or not Netflix will try to implement a new way of doing business or alter current operating methods to try and bring its value back. In the event that Netflix is able to find a viable solution to return to successful business, we may see golden opportunities to buy back into such a large company with huge potential. However, given the rise in popularity in other video streaming services, it's unlikely that Netflix will be able to continue on its success by solely providing video streaming services without a major change in operation.
NASDAQ:NFLX
by BrewerCapital_
NVDA: Next targets + Scenarios to work with!Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, it jumped nicely, but in the end, we couldn’t close above the $ 223, which is the most important resistance level for the short/mid-term. Only if NVDA breaks this point, and closes a candle above it, we’ll see some strength. While the $ 223 is the most important resistance, the $ 212 is a key support, and it seems NVDA is just doing some range trading between these points. If NVDA breaks the $ 223, it’ll probably reverse the trend, and seek the gap at $ 258. If NVDA loses the $ 212 it has two supports to hold the price. The first one is at $ 208, which is a very strong support level seen in the daily chart. The next one would be the $ 195. Since we are very close to the $ 208, and the purple trend line is working as a support level too, the odds are that we’ll do an upwards breakout. However, let’s keep both scenarios in our minds right now, and react to what NVDA does. Remember: Trading is reactive, not predictive. Let’s wait for more definition before jumping into any conclusion. I’ll keep you guys updated on this, so, remember to follow me to not miss any of my future analyses.
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
18
NKE - Could have windNKE has been displaying strong momentum for the past few days ago, beginning with a large candle gap up on 14th Apr on strong volume. Expecting this moment to retest it's recent high @ 140 (also 38.2% fib retracement here) this week and could consolidate here a little before breaking higher eventually. Scale out along the way up and trails stops up at intervals to protect profits as market is volatile. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
NYSE:NKELong
by Juliac
AMD: Is it the time to BUY the DIP? Let's see...Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, AMD is in a clear bear trend, but there’s hope it could reverse soon. For the first time since it was trading at $ 125, it is actually breaking the 21 ema, and we do have the beginning of a bullish structure. The black line at $ 98.38 is the most important resistance for us, as if AMD breaks this point, it might trigger a Rounded Bottom chart pattern. By triggering this pattern, the next targets on AMD will be our gaps (yellow squares). The $ 106 seems to be a strong resistance, but the optimal target would be the $ 118 (last gap). In the daily chart, we see that AMD is trading at support levels, and any reaction here would be amazing, as the Risk/Reward ratio always favors the bulls when we are near support levels. What’s more, AMD is far from its 21 ema, so it has some upside potential if it reacts. The only thing that could make AMD turn barish again would be if it loses the $ 92 area, so we must keep our eyes open. We have some possible bullish structures that could justify buying the dip, but to me, we must wait for more confirmation. It is a delicate situation, but if we pay attention to these key points, we’ll be fine. I’ll keep you guys updated on this, so remember to follow me to not miss any of my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
5
AAPL: Will it finally FLY again? Let's see.Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, the trend is clearly bearish and we don’t see any bullish reversal structure so far. However, if it breaks the 21 ema along with the resistance at $ 166, it might be the beginning of a reversal. If AAPL confirms a reversal sign, the next gap at $ 174 will be our next target. This reaction is important because AAPL just hit its 50% retracement, even losing this point for a brief moment, which might indicate a bear trap after a false breakout. The gap at $ 174 is seen in the daily chart too (yellow square), but we have a resistance area near the 38.2% retracement and the 21 ema (around $ 168 - $ 169). It is expected to see AAPL struggling at this area in the short-term. So far, we see these good signs, and no clear bearish structure indicating a continuation of the bear trend. Only if we lose the 50% retracement again I believe AAPL will seek lower levels. For now, everything is going according to the plan. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
1
LULU - expecting more upside in medium termLULU was forming an inverted Head & Shoulders (a potential sign of trend reversal), which eventually broke up strongly upon Earnings Release. I would classify the gap that accompanied this breakup as a "breakaway" gap (gap that occurs at the beginning of a trend change, usually signifying the new trend has some room to move). However it soon hit into a "horizontal support that now turned resistance" around 390 and has since been correcting from there. As I believe the uptrend as room (considering the breakaway gap), the recent pullback is likely a bull flag. I would long the breakup of this bull flag @ 369.5 with initial stop just below 358. Scale out 1/3 position near 390 and hold the rest to see if it would break out of this resistence eventually. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
NASDAQ:LULULong
by Juliac
2
AAPL: Watch out for that quad-resistance!Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, we see that AAPL is struggling at a very strong resistance level. The $ 169 was a previous support in the past, and now it is working as a resistance (Principle of Polarity). Still speaking of the $ 169, this is the gap area (blue square), which is another resistance. In addition, we have a purple trend line connecting the previous top levels. Like all of this wasn’t enough, we have the 21 ema, and AAPL is trading under it again. Yes, we are still in a bear trend in the 1h chart. This is a quad-resistance level, and only if AAPL breaks this point we’ll see something interesting going on again. Otherwise, it’ll just keep dropping to the next support levels. In the daily chart, we see that AAPL lost the $ 168, along with the 38.2% retracement. However, it just hit the 50% and today it is bouncing back up. This would be good, if we didn’t have the $ 168, the 38.2% retracement, and the 21 ema working as resistances in the daily chart. It is important to notice that AAPL could drop all the way down to the 61.8% retracement, at $ 161, without ruining the bullish bias since March 15. To me, AAPL is in a very delicate situation, and we must wait for the breakout of either its resistances or its supports, before taking action. To me, there are literally dozens of stocks that are looking much better, and that have more potential than AAPL right now. Either way, I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
2