TWTR gap fillTwitter has a Gap to fill from February 10th. I believe depending on whether TWTR breaks out above the current highs of $74.90 levels the stock will rise then correct, or slowly inch itself back down the the $50 level. Personally I think the $50 levels would be a fine place to buy, as the stock has so much potential for 2021. However market conditions are shaky, so anything under $50 would also be a great sale on TWTR
These are just my thoughts.
Gapfill
NNDM Gap Fill?!?NNDM NASDAQ:NNDM is a chart I have been watching for a while and today's massive gap down looks to have found a temporary bottom. I like NNDM as a longer term hold but the current set up look sto be a nice swing play. Adding shares and will look to play some March 19th 12.5 calls. NNDM needs to close above $11.50 today. We have the nice 38.2 fib retracement and 50 SMA lining up on the same price area which serves as a nice support if we can close above.
Need SPY to recover as well but I like NNDM as a bounce play here.
BTC - Trade the trend until It breaks Well BTC is still retaining its bullish market structure and no doubt will continue to punish those who short every new ATH .
Everyone seems to be calling for a big correction but lets be honest if everyone is calling for it does that mean they get it .
As the title says "Trade the trend until it breaks " and right now there is not much to indicate that the correction is here although of course that can change but until then trade what you have and that is Bullish MS.
The CME closed on friday at 55900 so there will be a gap to consider that most likely gets filled when we pull back .
If you dont have a position and are looking for a possible entry then this seems like a good area to look for longs .
Volume Profile aligns nicely with the 618, 9EMA and the CME Gap .
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NOWWhen the markets start slipping it's important to be able to play both sides. Sometimes, you find setups like this one where every technical looks overbought, and theres nothing stopping it from falling. At the same time, we're in a bull market, and although all the signs point down, stocks will go up. I'm taking puts on $NOW due to MACD and RSI curling downwards, an overall shift out of tech, and the imminent correction needed in this stock due to how overvalued it's been! There's also a gap to fill from 546 to 543, with an overall PT of 508 in the coming weeks. Good luck!
Celebrate the Chinese new year with BABA tendiesAlibaba has made a nice inverted head shoulders on the daily after coming down from an ATH of 319. You can also see the 21 ema (blue line) crossing over the 50 ema (black line). There is also a nice gap above the 280.97 level to 290. Seeing patterns form on the daily time frame, as well as an ema cross over is what you like to find when looking for an explosive move, the higher the time frame the more effective your technical analysis will be.
Major resistance: 280.97, above this level there is a gap to fill to 290
Minor resistance: 273-274 zone
Price target: I am planning on taking this trade to 290 and will watch to see how price reacts once the gap is filled, expect a pullback after the gap is filled
US30 IdeaGap Fill Idea
Let’s See if it Fills
Idea is this gap fills at some point. This could be the turning area. Let’s go
AMX AMD needs above 88.4 for a reversal trade. Above there is a Gap to fill from 91.9 - 94.64, with the next level previous ATH. A break out of the range box should bring levels between 96 and 110! We are also currently in a squeeze with RSI curling, and the 20SMA crossing the 50SMA...
PT1 91
PT2 94.6
PT3 ATH
$AMD
$NVIV, playing the gapThe stochastic just crossed and there is a little power left in the rsi. It's also staying above the EMA, we think its about to correct and fill the gap. Taking this one LONG
Long Term Idea for Intercepts PharmaceuticsHi Guys, I want to show my point of view on ICPT stock, if the actual trend is supported with Volume I think the most conservative target is 60$ because it would try to close the gap, if we want to see it more long term, let's say for the next year a target of 100$ dollars could be reasonable.This Is a small market cap stock so this big movements are very likely to happen.
Leave a comment if you want to give your opinion about $ICPT.
CRBP Daily - GAP POSSIBLE I am in this just because of the gigantic gap. Target is $4, with a chance (if it gets volume) to run up close to $6 which is where the last offering was.
No reason to do a bunch of DD or anything on this -I am simply playing the chart. Its going to run or its not....Stop loss during market hours, keep alerts on it during after hours.
TRADE YOUR PLAN.
$CRBP
$NMTR taking a gamble this will spike 100%+This one could be some quick profit. It filled the gap perfectly before a strong move up today. The last time the Aroon Up crossed up the stock gained 111% before coming down, with the Aroon up crossing up again we are betting on a similar move. The volume looks good and it crossed the EMA 30. Taking this one long
What goes up must come down. BTC has taken a ride since 2015, I watched from the sidelines as more and more people became overcome with the excitement of this new currency. The “gap” up’s when it took hold and blasted off to north of 20,000 then 30k then 40k, were unprecedented. I’ve been involved with investments since 1997 and I have seen nothing like this and won’t ever again. I do think bitcoin will eventually make the 100,000 mark, when that happens is any bodies guess. Healthy investments do not skyrocket to all time highs and stay there like this seems to have done. The “gaps” this needs to fill are down in the 11,000 range I believe? If these “gaps” per say don’t get filled, any move higher becomes incredibly dangerous for a landslide melt down. Every market in the world has seen this sort of behavior. Here is how big money managers think “buy when it’s low and sell when it’s high” I know that may seem Cliché, but it’s true in any investment market. What holds this coin price at its highs is continuous buying but not only continuous buying but a stable source of new buyers. When bitcoin reaches a high of highs after racing upwards that of a Saturn rocket it will surely endure the consequences of a parabolic climb which is a generational meltdown. We must remeber that China has been mining some 80% of the worlds bitcoin over the past 10 years..if this doesn’t scare anybody I don’t know where you live. If any populous or economy invests more than an alternative invenstment weighting in bitcoin or any other speculative investment, they risk destroying their entire economic system and collapsing. If one doesn’t see the automatic buying and selling movement and electronic support countermeasures big miners or holders of the coin take to ensure this parabolic soar to inevitable highs you aren’t looking close enough. Everybody risks losing and losing big. It seems the masses want bitcoin to reach enormous highs, preaching it will replace modern currency driving the price upwards of 100,000 per coin. I am a realist and while I do believe bitcoin and other crypto currencies will achieve great value and use in the future it will not replace the worlds fiat currencies. Be careful and realistic. If you’ve been hoddling your coins for years you have done very well for yourself yes, however, remeber how one “locks” in profits, they sell and hold “cash” or what ever stable fiat currency they live with. This is not a free ride and not everybody running this massive machine has good intentions. If China decides to capture and lock in profit at any given time, it will cause a cataclysmic disaster and melt down of an entire system. Don’t be caught holding the bag at the top. When PayPal said they were all in processing bitcoin it seemingly shot north with supersonic speeds. People who wouldn’t invent in an index fund for it was too much risk are now investing millions in something that seems too good to be true. I am not saying bitcoin will not be useful or even saying it won’t survive, I am simply saying be CAFEFUL and REALISTIC. This bubble has consequences just like the real estate financial bubble of the early 2000’s. The USA had the means at that time to inject trillions into a collapsing system...we have no more levers to pull or safety valves to open. I predict a gap cover in the 10,000-11,500 range before then skyrocketing to new highs in the 40-50,000 range before starting the fibbinaci cycle all over again. The last up cycle will be very evident by which the volume of sellers will spike to all time highs within minutes. That may be next month next year or in 5 years IDK....but it will happen. The stock market has stop gaps to ensure panic selling doesn’t destroy a healthy market, bitcoin has no such stop gaps or safety valves to ensure complete and total collapse of a system. And...the most important one. Bitcoin has no centralized governing body or enforcement to ensure criminals can’t steal or destroy a system in which so many have put faith. It’s the ultimate Dichotomy, Bitcoin excites so many because of its decentralized governing systems however those same Reasons we all “love to love” bitcoin could very well be the same reasons it sets up to cause global economic catastrophe. My prediction again is this...falls to fill CME gaps with fake trend reversals costing traders millions chasing the bottom but. Dollar cost average your buys and lock in your gains. 11,000 back up to 50,000 then back down to 24,000 before pushing up to 75,000. 100,000 is the price that triggers a global sell off meltdown and bring financial devistation to the greedy. Be careful out there. Diversify and have a plan.