currently in the gap(see purple box for gap area)
if we can get past 103 (100% fib level) we can see 119+ (141.40% fib level)
long above 103
Gapfill
Salesforce looks strongCRM has consolidated for almost 3 weeks, after gapping down on the news it had acquired Slack (WORK).
Risk reward ratio is around 3.
A potential test of the pre-gap candle lows might be in place before attempting to reach the 50sma, and subsequently the top of the gap.
OBV line has tested and is now respecting the line that was made before the gap higher.
Ready for BulishFDA provides preliminary approval for the drug filgotinib not approved, Galapagos will now assume full responsibility for filgotinib in Europe. Gilead will pay EUR 160 million to Galapagos to accelerate commercial activities in Europe. The gap from 19 march 2019 is filled....ready for the turn up..... what do you think?
GBPUSD: Sell from the top to fill the gapHere as you can see the market is at a very critical area, which is a strong resistance zone.
--> Our target is to fill the gap at (220 pips).
--> Our Stop Loss both covers the previous high and gives an extra breathe for the market to reverse.
--> Risk to Reward is at 1:4.
HAVE FUN & HAPPY PROFITS ! ! !
DXY LONGHopefully we can get a full gap fill on the dollar. If if blows past that area the dollar will swing long.
that gap tho...this thing got ripped to pieces on that $work news two weeks ago.
$222.68-$236.75 gap fill. see fib levels from 23.6% to 38.2%. i will be waiting to enter to ride the wave back up.
PCI Gap fill play - 20.55 Thought I published this yesterday, was thinking that the gaps on this might get filled. Not overly optimistic about a run down to 20.35, let alone the one below 20, compromising with an order for a few. Tiny starter position at 20.55 for 14 shares, might just say screw it, we may get get some more bearishness tomorrow or the next week, but as we close in on the holidays, unless pension fund re-balancing manifests as we've been warned for the last few weeks (I think they did it during the election), or another catalyst manifests, I'll just by somewhere in the current vicinity and look forward to that firehose of 2.30$ USD per month pumping profits into my investment account. Monthly payer, so every bit counts when you're small potatoes.
RSI is confirming a breakdown in price on the 30 min, but might be using 4 hr to confirm buy signal if my price is not met in the next day or so. Being impatient on more than a couple of plays in the last week, but so far, any dip seems to be bought up in whatever I am trying to purchase at a discount.
FSLY coiling up near the gap low. Volume decreasingFSLY has been consolidating at the bottom of the gap since the negative TikTok news. TikTok seems to be behind us and FSLY is ready for the gap.
If we have relative high volume, we break into the gap. If the QQQ is selling off, we may have to wait for next week.
Break out above $99.50.
Price Target 1: $123 (Bottom of the breakdown candle)
Price Target 2: $131 (top of the breakdown candle)
$CRM - GAP FILL$CRM - GAP FILL AFTER INVESTORS DAY AH, EXPECTING A STRONG MOVE ABOVE 230 TO 250 AREA
BA better play when reach 250 NYSE:BA a better place for trade is once it fills the 250s gap and closes above it. Then it has resistance at 300 (Gap# 2) and a better profit margin. In fact, it can go to gap# 3. easily. Play strategy
- Buy around 250 with SL 235. Hint: Stop loss calculation Buy Price - ATR * 1.5 .
- Take capital out around once reach 300 (gap# 2) and leave free money to run.
- Close trade once gap# 3 touch around 321.
50 SMA crosses 200 SMA #HXLIn this chart I have outlined the point in which the 50 SMA is crossing the 200 SMA (to the upside) this usually indicates an uptrend. Using that to my advantage I have also found a gap fill in the chart that could be a short term trade. I would expect some sort of consolidation at around the gap fill area and should it therefore continue past the gap fill the next resistance is also shown.
I will be keeping an eye on this to use on my spreadbet account.
VRTX Gap Fill Play - Bullish- Vertex Pharmaceuticals Incorporated engages in developing and commercializing therapies for treating cystic fibrosis.
- Target Price: $292.00 by CreditSuisse Oct 29, 2020 with multiple buy ratings by different analysts
- Recent Drop from failed study of VX-814 for patients with ALPHA-1 ANTITRYPSIN DEFICIENCY, but still one more study going in same target area and fundamentals of other revenue makers intact.
- Price entering the gap from that day's drop.
- Trends of more insider buying since the drop and stock buy backs. Signaling that the stock is undervalued.
- Bull flagging right under the gap.
Key Level: $232.41
Price Target: 269.93
ATR: $6.60
Play:
Bullish Gap Fill
Buy the Dip under the key level to scale in
Use $232.41 as inflection point.
Look for breakout with increased volume
Price Target: 270
Under $224 will invalidate
$CRM GO TO THE DOWNA lot of analysts are starting to give the company downside signals - be careful in all cases - this is just a nudge
NNDM - direct offering @ $5, where is the support?NNDM was trading up to $7.36 last Friday before closing @ $6.53. Before market opens today, NNDM announced another direct offering @ $5 for a gross proceed of $60m.
The stock is expected to trade lower when market opens after this announcement and could provide a buying opportunity. I am expecting to see support between 5.70 (Gap close here) to about 5.55 (38% fib retracement level). Let's see!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts :)
ZM Gap FillBig gap from $474 to $499. A break of $474 will send this flying up the gap and potentially thru $500.
We're going into lock down again, there's no way around it. ZM is a good hold until next summer in my opinion.
The break above the resistance on 11/27 was confirmation to me that this is good for a swing!
SHORT TERM PLAY : $500 Strike Dec 31 Exp Call
COUPLE MONTHS SWING : $550 Strike March 2021 Call
Week of 11/30 Target Price: $500
February-March Target Price: $600+, all time highs
AMD Small Gap Fill, $90 Target$86 is our support. We have a small gap that still needs to be filled from $88.80 to $89.80. As long as we stay above $86, we're perfect.
Last week's high was $88.04. Once we pass that, looks to be a clear shot to $90.
PLAY : Already bought and will continue to buy more $90 strike January 2021 calls , unless $86 doesn't hold.
Sand P Nenstar Shark Harmonic RetracementChart says all. Expect pullback to 3390 to fill the gap at the 0.618. Might turn sooner, ofc.
"Bearish Nenstar harmonic, cousin to shark, cypher, bat/butterfly patterns; a Gartley variant. Typically the selloff from pattern completion at D is a .50 retracement"
Just an idea not advice; trade at your own risk, GLTA!
Going to test gap areaThere is support around 242 also but I guess bearish momentum it can take to 232-282 area where it's gone test the gap and it will revert from there. It's also nearing the oversold region and volume is shrinking too.
