Nike ..... Is a BuyI'm looking for a nice recovery in Nike.
Not new highs but a nice return none the less.
There is a price gap as noted. Likely that is filled IMO.
Gapfill
short BTC 47570 Target 46500 ,44500 and 41000 stoploss 48300My idea is to play short in order to fill the gap that was created early this week, if you're interested into getting a60% guaranteed 3K provided you trade 1 btc then it's today and tomorrow your window of opportunity.
that said there are many bullish signals that say we could go to 52 k before filling the gap so be very cautious and respect the stoploss.
the moment you see the price going above stoploss 48300 and closing at 30 min without much reaction from bears then close the position and the follow the bull crowd. To sum it up you're risking 800 usd to make 3k sunds like a good deal to me.
How about you?
here we go
$SPY on 15 min Gap Fill to downside$SPY on 15 min Gap Fill to the downside
Do you think it will fill before friday?
Let me know your thoughts!
Thanks,
Kelly :)
$TSLA on 1hr GAP Fill to the downsideDo you think $TSLA on the 1hr will GAP Fill to the downside this week?
What are your thoughts?
Thanks,
Kelly :)
REVB REVERSAL REVB had seen 90% drop in 4 months. With breakout on the technicals, the daily could see a test top the LEADING A IC. If the LEADING B is even thought about, that will be close to testing the entire gapfill
AEI GAPFILLAEI had an amazing setup for a MACD cross on the 1D. With it breaking into the leading IC and a very nice set up for testing the recent floors. The opportunities from a gapfil is high.
Oil Continues to Get HammeredNext stop 50-day sma? Yesterday's overshoot of the 20-sma was good for a small bounce trade; however, shorting that bounce would have definitely been a better trade! I'll be watching the 92 area (50-day and gap fill from late February) for a sign of buyers stepping in.
PENN Going to $30 to Fill the GapOverall market is bearish, and PENN has been in a downtrend for a bit. I am expecting it to fill the gap at $30.
The strong volume area also at that level should act as a magnet for price. The fact that price isn't free falling is actually pretty surprising considering how little volume has traded in this recent range.
Delta Airlines Gap FillLooking at the current state of the market, world events, increasing of oil and precious metals, the overall market looks like it wants to continue a downtrend.
There's a gap set on May 22 and May 26, 2020 that has yet to be filled. The potential bear market can bring Delta towards that gap to fill it, then back up to fill other gaps above.
Let me know what everyone thinks!
Outlook on SPY leading into the weekendI know this is a little bit of a messy chart. Alot of trend lines and yellow rectangles-
Here is the breakdown and outlook for SPY leading into the weekend and next week-
I am anticipating a small correction this morning that will lead us to Pre market gap fill with a target of 426.44. This will achieve gap fill and trendline support (Green box for reference)
From there, i will be looking for confirmation of strength and bounce and will enter a long position (Put Credit Spreads likely) where my next bullish target will be 437.10. This is my breakout target for the massive triangle we have seen (we can see part of it in the chart) AND it is a gap level that will be filled once hit. (Purple box for reference)
There is a much larger gap towards the bottom of the chart. I do anticipate us to fill this gap at some point in time. However, generally when there is a large trend reversal, we almost always leave a gap for us to come back and respect.
CCJ: Potential Gap Fill to UpsideCCJ's price action seeing responsive participants with alternative energy leading the market amidst heightened oil prices. While key levels on acute time frames are being tested by both buyers and sellers, CCJ's weekly optics present continuous range extension. While price action has begun to pierce a gap previously seen from April 2011, KL of 28.45 would be more indicative of reclaim in higher value areas (30.71) ; Continuation into mid 30's would materialize a cup and handle pattern on the Weekly// Technical analysis reflects MACD cross, price action over key moving averages, and a high correlation regression channel on the daily time frame. Bias is long on premise of global events related to commodity and tensions in Europe// ATR: 1.49,Beta: 1.01
Spotted a possible Gap Fill on SPY -0/0-I'm seeing a recent gap fill that played out in late FEB.
There is another possible Gap to be filled if we have some decent C.P.I data come out Tomorrow morning
The gap I'm looking at now is $432-$435
Then possible resistance at the 21 MA (Orange)
RSI has room to move up as well
Fingers cross we have finally seen the bottom
SNAP: Going to $13 Snapchat looks like it will be in a corrective phase for the next year. It may be worth a swing trade at $20, where the longterm support trend line lies, but longterm it should test the $13 range which coincides with an open gap and the .786 retracement of this larger degree 3rd wave.
Oil Gap FillNice gap fill on oil this morning creating a good long opportunity here on hourly chart.
$SNAP - Gap Down Slam DunkSnapchat has probably peaked in terms of its popularity.
Yes- a lot of us use the app. Including myself. But what do they really do that is hard to replicate?
All of that aside, technical analysis says this stock is overpriced.
Bearish double top. Massive gap down below that has already broken. I originally meant to share this last week.
It has also lost both major moving averages at 100 and 200 day MA's. This should be a fun short to play right now.
I have been in this play and expect it to move to around $27 or lower.
$PLTR Bull ThesisI like the chart on this one.
Might retest 11-11.50 support before climbing its way up to fill the gap.
I would like to see this one hold the 12$ area, create a new demand zone there.
If the war doesn’t escalate (I genuinely hope so) I think the market priced in the rate hikes. So we might get a direction soon.
Good luck traders!
Gap fill and continuationWith price showing willingness to move lower, this is the current idea. Mostly for my records and review
Playing the GAPSPre and After Market gaps can be a good way to analyze a chart and profit big when day trading
GBPAUD Falling with TrendGBPAUD is Falling in the direction of the trend AND closing its weekend Gap. This are favorable options for selling.
I've done this trade in my live stream and we hit TP1. we are currently on the move to TP2 and its not to late to get some pips.
TP1: 1.85550
TP2: 1.85250
Stay safe in the markets this week! It's an extremely high volume market already this early on Monday morning!
SHOP bullish setup SHOP Thursday put in huge reversal candle w the rest of the market. Above average volume on the day. RSI bullish divergence noted. This looks ripe to test breakdown candle high in the 730 area, and then if it can really get going it can fill the gap up to 840. I saw a lot of 03/18 calls come through yesterday and today too. You could look for 03/18 800/840 call debit spreads here for a play on the potential gap fill i think
Buying Opportunity In Facebook (FB)Yesterday was an epic day for FB, posting a 4.61% gain amid heavy geopolitical tension.
Here are the key levels to watch for FB going into March’s trade:
GAP, $309.53 to $248.00
2020/2022 78% Retracement, $190.55
Here's the trade:
1) Buy $205-$208
2) Stop out point at $189.00
3) Profit target anywhere in the GAP. The conservative upside target is at $248.00
With a hard stop-out point beneath $190, this isn’t a bad place to buy in and play a return to the GAP.
Eth ideaPrice could be going down to sweep up liquidity (white lines) and make a reversal to the upside to fill in gap.
Keep in mind, the war is going on, market could do whatever it please.
Praying for Ukraine.
