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Gapup

AAL: Invisible BreakoutAAL made quite the move during the nights of April 23rd and April 26th, and that move was a gap up above the downtrend, with an open at $21.46 and a close at $22.00. This invisible move is very bullish, as AAL was in a downtrend for about a month and now the gap up has broken the trend. We failed to break $22, and are now ranging between $21.64 - $21.06. However, before we get too excited for a continuation, I presume the gap will be filled ($21.21-$21.46), as we gapped through a pretty major price level, as previously mentioned. Statistically speaking, gaps have about a 91% chance of being filled according to bioequity.org. Once this level has been cleared, I anticipate a continuation of the breakout by breaking out of the established range and continuing to the upside, as bullish sentiment for AAL will continue to be fueled due to reopening optimism.
NASDAQ:AALLong
by ZaviStocks
🔹$PFE 4H Technical Analysis PT 37.28🔸 $PFE 4H Cup & Handle Breakout. This is a **SOLID** setup for this week. I am looking at a 2 week swing for $PFE price target 37.28 on that solid gap fill. Now, the chart looks absolutely beautiful not only that but we have a catalyst play $PFE. We have the PDUFA date on April 28th. I am expecting a run up for that event as well as to fill the gap to the upside. 🔸 Swing* 36.50c 4/30 ( Looking To Get @ Open ) Really Cheap also looking to sell before the event or until we hit our price target on that gap.
NYSE:PFELong
by Firecycle114
1
CETX: DIAMOND HANDS SWING TRADESo yesterday i day traded this stock in the first 30 minutes of the open. My favorite day trade strategy formed and i was able to buy in at 3.35 and sell at 3.60 within 15-20 minutes for a nice 8% return. However i got greedy in the afternoon and decided to reenter (with bigger size stupidly) for a sympathy bounce as price was flirting with support at the $2.85 range. I didn't end up selling with the crowd, which i think i should have done at the moment, but i put a stop loss on and headed to work. I noticed that i wasn't stopped out at work yesterday and seen that price is really trying to hold the $2.35 range. Looking back at the chart i see that at that level and the $2.00 level there is quite a bit of resistance. After reviewing this morning i decided to go with the diamond hands approach and only sell if price really destroys previous support levels. The longer this plays out, the more confident i feel about this having another run up (similar to INVO this month or WIMI from October to present) Price is really consolidating and holding the $2.00 area and forming a nice bullflag looking pattern. With this stock being on the SSR list tomorrow, holding $2.00 level and I believe there are some retail shorts looking to ride this down to the gap at $1.66 I think tomorrow can be very interesting. They also announce earnings on the 18th and beat expectations last earnings report. I also like their SmartDesk Product and surprised this is not more popular with the price point they offer it at. Well i hope some luck is on our side tomorrow so i can get out before without playing earnings, but if this holds $2.00 area tomorrow and does not have massive volume i will probably hold through earnings. Goodluck Traders! Please leave your comments below if your looking at this stock, or are like myself and hold a position. would love to hear others opinions on this one especially!
NASDAQ:CETXLong
by FinanceGuy204
2
The Gap Up (1)Stock price has a gap up, how to confirm it is a true break out or a false break out? Maybe a tight consolidation is a method. Tips: This is forex, not a stock. But the tips should apply as well. Before the gap 2017 May, there were several times the price tried to challenge the resistance line. Once gap up, a false break out then followed by a tight consolidation, can say the resistance became support. After the consolidation, price broke out using a way called red three soldier.Then the second break out can be treated as buy hint.
Education
by yunwangvvv
A Valero FakedownFirst off, sorry for the odd orange lines, I couldn't make the chart 5 minute resolution for this one-day prediction. Instead I tried to predict where the most trading would commence for a given 15 minute timeframe by overlapping transparent lines on the 5 minute chart. The basic premise is that Valero will end the day in the red after making a semi-H&S formation. I believe this is a "fakedown." Rather than continue to collapse (as it has done numerous times in the past) instead it will either gap up or fly up several dollars close to Monday's open. Such strange price action should catch quite a few investors off guard. That's the stock market for ya. My reasoning: The recent deep gully since January has caused most potential sellers to sell in fear. What's left are hungry buyers who missed the correction and skittish sellers looking to take profit. Buying now may seem odd, especially given Valero's long-term downward trend, but oil prices have been anything but bearish and Valero is well-positioned to capitalize on that rally. Though prices may come back down in the next few days after this prediction, I believe Valero's future price will not disappoint. I will be keeping an eye on this today and make another Idea if it pans out on Monday. Conflict of interest notice: I sold Valero calls earlier today and will be buying new calls EOD if Valero is close to the predicted price.
NYSE:VLOLong
by Mekronid
HOW TO INVEST IN SBI ? and WHY SBI IS NOT FOR TRADERS? COMPLETE PRICE ACTION : SBI IS ONLY FOR INVESTORS WHO WISH TO INVEST AND FORGET. AFTER 1 YEAR/2 YEARS YOU CAN SELL AND TAKE OUT PROFITS . BUY WHEN THE PRICE HITS - SUPPORT LIN E +RSI BELOW 30 SELL WHEN THE PRICE HITS - RESISTANCE LINE OF THE CHANNEL + RSI ABOVE 75 USE ALONG WITH USE RSI- TEAMGAPUP FOR EXTRA CONFIRMATION. Do the same only when both the conditions are meet. May be if this year if there is no break out .You can use the same logic above. Lets see if this could be a 12th year to follow the same channel why its not for traders ? Because it hardly takes 1year to 2 year to travel to the opposite direction,where day traders cannot be benefitted
NSE:SBIN
by teamGapup
1
what will happen to bank nifty tomorrow ?Bank nifty has been in traveling in the RISING WEDGE PATTERN for the past 3 months . we are at the crucial point.Either it as to break up or break down.we cant determine the gapup or gapdown.So we have to wait and watch. IF the candle takes support from the trend line tomorrow as mentioned above we can go long till the above mentioned targets. Now what to do if bank nifty falls,we will wait for the retracement to the same trend line. Thank you.
NSE:BANKNIFTYLong
by teamGapup
2