TWOU - gapfillMight possibly have a bounce to fill the gap.
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2U, Inc. engages in the provision of education technology for nonprofit colleges and universities. It operates through the following segments: Degree Program and Alternative Credential. The Degree Program segment provides technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. The Alternative Credential segment provides premium online short courses and technical, skills-based boot camps through relationships with nonprofit colleges and universities. The company was founded by Christopher J. Paucek on April 2, 2008 and is headquartered in Lanham, MD.
Gapfill
$F which one of these gaps are we filling first, boys?Bull gap BELOW current SP - 6.3 pips 15.92 ; 16.55
Bear gap ABOVE current SP - 12.4 pips 18.63 ; 19.87
Personally, I am bearish short term, expecting to kiss that lower gap and possibly fill it before a potential bounce back to the upside.
Possible Wyckoff Distribution setup was forming on 1D prior to earnings.
Personally took a puts gamble on earnings. I have been following $F for some time now and the strength of the stock was obviously slowing. (Not to mention Cramer was pumping it lol)
Hasn't had much legs since pumping and retracing quickly back to consolidation/support zone which was then lost on a big gap down after most recent earnings.
Which way do you think she's heading?
As always, manage your risk and GOOD LUCK!
Not advice just insight*
SDC Possible Breakout IncomingSDC has been trading within this box since December. If it breaks out of the box with volume, it could be a could opportunity to ride it up towards ~$5. Just something to watch for. If it doesn't do it then I am not touching it.
Expecting SBUX to head towards ~$85Long term technicals don't look too good right now, there is a gap that still needs to be filled and that is what I am expecting is going to happen.
Currently at the Monthly SR level and volume area, but seems to be rejecting it. My logic is that is will go to the next volume area, possibly bounce off the weekly SR level.
Bitcoin CME gaps are still in playHello Friends!
Can this be a slow bleed to fill Bitcoin’s CME gaps? Bitcoin has already filled one gap between $32k-$34K. Now there are still two open gaps.
-$24K-$26K
-$18K-19K
It’s still on a downward trend with week over week lower trading volumes. Maybe it needs to continue to follow this trend to fill the remaining gaps before we see any meaningful reversal.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
PYPL Breaking Down through Support Today I am discussing Paypal Stock which has been drastically sold off around 40% from highs! I do think this is crazy, and oversold. BUT, I am going to analyze stocks appropriately and without any bias.
PYPL as shown on the Daily Chart has been breaking down through this Range it has been trading in of where I have a Rectangle shape Drawn.
PYPL just closed underneath that rectangle 2 days in a row, and even rejected off that bottom of the Rectangle on Friday. That shows Strong Resistance at that level.
PYPL also broke its Support from its previous breakdown @ the $179.20 area (White Line)
PYPL has 1 wick left from the candle on Jan. 10th and then of course further back supports.
But I think the range it is breaking out of now, is something to note down of not being a small break down. The reason I am saying this is because PYPL has now been in the sideways trading for around 2 and a half months. PYPL is now ready to make a bigger move, but here it seems that bigger move may be to the downside.
Here are EXTRA Reasons why PYPL is a good SHORT idea here.
TTM_SQUEEZE - Squeezing (red dots) indicating big movement of momentum coming. + Momentum Switching to Bearish.
Broke Down and even retested the Rectangle range.
Broke Previous Breakdown support.
GAP to fill at the GREEN Rectangle ($130s) area.
A lot of stocks like to always fill the gaps... and I know its a stretch to say hence it is a long time ago, but with bearish momentum this stock could easily fill that gap.
Some contradicting indicators to this SHORT idea
TTM_SQUEEZE (WEEKLY) - WEEKLY Still showing weakness, but appears to be wearing out, and fading to the bull-side.
WEEKLY moving average cloud.
Still some more key levels to be breaking
I hope you guys enjoyed this idea! Share it if you liked it!
If I do play this I will be looking in to Liquidated March & or April Puts near the $140 strike price.
More red coming!Most of the time, Tesla fills its gaps, as seen in some examples by the blue rectangles. There are two gaps, as seen the orange ractangles. TSLA rejected the 50ema which is bearish. I think TESLA will fill its two gaps and find some support at the 200MA and the support line. This is a technical analysis only
DocuSign: Significant breakdown confirms long term reversalDocuSign - Short Term - We look to Sell at 220 (stop at 245)
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. We have a Gap open at 227 from 03/12 to 06/12. Further downside is expected although we prefer to sell into rallies close to the 220 level. The reaction lower is negative and highlights a clear reversal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 140 and 105
Resistance : 180 / 227 / 290
Support : 135 / 105 / 65
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$AFRM - Reversion to Trendline SupportHigh chance $AFRM falls down to the trendline support over the coming days, maybe even lower as it looks to fill the gap.
Take note of the volume shelf underneath! Once the bleeding stops I'm willing to bet we stop around 65 or 70 allowing us to load a long position into earnings!
Next resistance to break after Ethereum ETH closed CME gap...Next resistance to break after Ethereum ETH closed CME gap...
... FIB golden pocket combined with some volume resistance from the last hourly high.
But the CME gap close looked textbook.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing