TSM bull entry(setup)Although TSM has been consolidating, it has displayed signals of a bullish move. I think we are seeing a great entry to be taken at the current price since we are seen to be resting at a Fibonacci Support for an even greater chance of an up-move. Not only are we testing a support but we have seen reductions in selling momentum, while also getting signs that emas on the Willy may crossover. We have seen TSM continue to test the resistance of 127 so I believe that is a great target for profits, although I believe we are going to break through that since we are seeing a potential squeeze to be had.
Bullish Signals
-Squeeze indicator
-Willy Oscillator
Price Target
-127
Squeeze
AMC - Pushing to the upside of the triangleHello everyone,
I hope you are all doing well!
AMC is currently sitting between the support and resistance of the triangle, however, we have already tested the support 2 times, which is most likely going to lead to hitting the reistance to $40.
After that, we would look if we would bounce to the support to the $30 levels again or break through till $70.
Have an amazing day!
FUTU Greatly OversoldFUTU is resting at its historical support and is also showing signs of bouncing off of this place allowing for major gains to be had. Our Bullish Signs are the %R oversold oscillator about to create a crossover buy signal and the squeeze displaying a reduction in selling momentum.
Bullish Signs
-Oversold, on oscillator
-Squeeze indicator
-historical support
Price Targets
-1st 121
-2nd 133
-3rd 142
-4th 153
-5th 164
Hope you enjoyed and remember to invest safely :)
$PBTS Squeeze$PBTS squeeze inbound, heavily shorted. Check charts and short interest and shares available
Amazon Bullish ConsolidationAmazon has been consolidating for a great period of time indicating that a big move may occur. Using the 4hour time frame, we can preemptively dictate that we may see a move towards the upside. Selling momentum has been reducing while the VPCI has had a buy signal as seen by the crossover. Not only have we seen a buy indication from the VPCI on the 4h but also the 1day time frame. Greater confirmation for this play would be to watch the daily time frame for reducing momentum. I think a target to 3560 is great since that is the monthly resistance but it is best to only sell when given a sell signal.
Bullish Signals
-Squeeze indicator
-VPCI crossover(4h and 1day)
-Oversold Willy oscillator
Price Target
-3,560
#DJI: DJIA leading the charge?We have an interesting situation, at least for the following 6 weeks...After the jobs report, the market is repricing the timing of tapering and eventual rate hikes it would seem. Financials had underperformed for some time, and $QQQ and $SPY moved higher thanks to growth names regaining strength, while bond yields were falling and a big unwind of losing yield curve steepener bets were unwinding. I had pointed out the strength in growth and bonds before, and rotated away from value and financials/energy when I figured out the reflation move had ran its course.
At least financials are prone to do very well for the next few weeks, as the weekly uptrend in $TLT expired, and predicts a 6 week sideways or down move in bonds, which is connected to mean reversion following a furious move caused partially by the unwinding of big yield curve bets. News of the hedge fund that took the hit were recently published, which made me think the move in the yield curve is overdone and bound to mean revert. This will favor US banks for some time again. We also observe this behavior in the $DJI chart here, and the $SPY and $QQQ weekly charts.
Both $SPY and $QQQ have weekly trends that expire in the next 2 weeks, which can lead to a sideways or downside move after the last short term upswing takes a breather.
I'm still bullish longer term overall, in names like $AAPL, $TSLA and $NVDA to name a few, but they might correct or consolidate in two weeks, while US Banks soar.
The trend will likely go back to lower bond yields and outperformance of growth later on, but for now it is the time of the $DJI to shine over $SPY and $QQQ, specially in 2 weeks from now.
Cheers,
Ivan Labrie.
PYPL in Buy ZonePYPL recently bounced off of one of its Fibonacci supports and has an overall great uptrend. The 4h time frame indicates a bullish squeeze to be had, following the buy signals given by the Willy Oscillator and the VPCI. If you want greater confirmation regarding this play then I would wait until we see a official reduction in selling momentum on the 1day time frame or wait until we hit support once more. Overall bullish on PYPL and expect a swing to the 310 price target.
Bullish Signals
-Squeeze indicator(4h)
-Willy Oscillator
-VPCI
Price Target
-310
BAC Bullish Trend(Update)BAC is slowly forming signals that may suggest an up-move to be had. Currently I'm making this TA during market hours so I suggest you wait until market close to see if the TA still holds up. I believe we may see a move to the 44's since we are seeing a ema cross form on the Willy Oscillator. Not only is the willy oscillator forming a trend, but the squeeze indicator shows reducing selling momentum. If you are a more of a risk aversive trader then it may be wise to wait to see a confirmed squeeze or to wait and see if BAC comes back to support.
Bullish Signals
-Ema cross(willy oscillator)
-Squeeze indicator(reducing selling)
Price Target
-43.43
NIO bull-run will continueNIO on the weekly already fired off a squeeze, but in order to see if that squeeze will continue, we need to look at it from the daily time frame. On the daily time we can see that a squeeze and a crossover via the oscillator is about to occur. I think this is a great time to enter if you are later than others regarding NIO.
Bullish Signals
-Squeeze
-Crossover via oscillator
Price Targets
-1st 50
-2nd 55
NVDA BreakoutNVDA is primed for a bullish breakout. The squeeze indicator is displaying a shift to bullish momentum, while the oscillator is about to display a ema crossover, allowing for a preempted play to the bullish side. Not only do we have two indications of bullishness, but we also have a stacked ema allowing for a great bull squeeze.
Bullish Signals
-Squeeze indicator
-Oscillator crossover
-Stacked ema
Weekly Support
-1st 194
-2nd 180
KOSS and 85-day cycleKOSS chart shows ~85 days between the two most recent highs i.e. March 10 to June 2.
And note that 85 days from the last low is today August 4th. Let's see if KOSS takes off soon.
My thought is it will move up starting next week on the 9th or 10th, however the BBs are really tight in multiple time frames and KOSS is squeezing into a long term triangle.
Tick Tock.
$SQBG Short Squeeze Inbound Low float Low float + 0 shares left to short. Squeeze
Squeeze inbound check short data and interest
Still Bullish on CAT(Update)I think it is a great time to purchase CAT. CAT has retraced to the 0.38 Fib support and has held that support for a pretty good amount of time. Due to this extended period of low volatility, we can assume that a big play is about to occur. I also observed that the squeeze indicator for the weekly is signifying that of low volatility(grey crosses) which adds onto our analysis. Not only are we resting at support but we have gotten buy indications by the Oscillator. My price target for this is a squeeze to 238.
Bullish Signals
-Fibonacci Support
-Squeeze indicator
-Oscillator
Price Target
-238
Bullish Squeeze for TTETTE has retraced to one of its Fibonacci supports and have bounced off of it pretty significantly. Not only is it holding support, but there is greater indication of a greater bullish move. The %R indicates that a oversold condition was not too long ago with the addition of selling momentum reducing greatly, given by the Squeeze indicator. My price targets are 47, 50 then 57 if it gains a substantial amount of bullish momentum. For a significant sell signal, let the squeeze play out until there is a reduction in momentum.
Bullish Signals
-%R oscillator
-Squeeze indicator
-Fibonacci Support
Price Targets
-1st 47
-2nd 50
-3rd 57
BTCUSD - Squeeze but can it really go 9 days?Latest Note:
So we are entering another squeeze here with a slightly bullish signal. This is a pretty unfathomable run at 8 straight days green. I can't see this continuing the streak however it could cool off and wait a whole day going slightly red in a squeeze before taking off again. Watch and hold here. 38.5 is about the possible breakdown area. 40.8 is around the Uptrend area.
Previous Replay Notes:
1) This has been on an insane ride up after 2 Uptrend signals. Profits would have been at 20% here so a good place to exit but also would have been difficult to refrain from entering when you see the next pump and drop.
2) The hold squeeze was very short lived and bulls regained quickly after just 1 bounce. I didn't catch it till the 2nd bounce, but didn't matter as I was still long in a hold pattern. If you exited at comment 1, the squeeze would have been a good place to get back in.
3) The Uptrend was also short lived. There was still plenty of money to grab in the short stint, especially if grabbed back in at the last squeeze.
TSLA Primed for a Bullish BreakoutAs you can see TSLA is forming a descending triangle which normally suggest bearishness, but both the daily and weekly suggest a squeeze to the upside. If Stoch Oscillator rose upward as we got closer to the breakout resistance than that would help indicate bullishness. I will list price targets below. I recommend watching this stock till an oversold oscillator starts to gradually increase to provide greater confirmation to a breakout.
Bullish Signals
-Squeeze Indicator
Price Targets
-672, 714, 752, 806, 886
Support
-622
Disney Setting up for something large Disney is to be slowly increasing regarding its Stoch Oscillator, indicating gradual bullishness. Not only is the Stoch indicating bullishness, but the squeeze indicator shows decreasing bearish momentum. My Price Targets are 190 and 200 if we get the squeeze that is to be expected.
Bullish Signals
-Stoch Oscillator
-Squeeze Indicator
Price Targets
-1st 190
-2nd 200
Great Entry for Citigroup Great Up-move to be expected. A squeeze is about to occur on the daily while also holding its support. Another indication towards bullish sentiment is the Stochs Bullish Divergence. Not only does the daily suggest an up-move, but the weekly indicates an oversold condition. Price targets are 73 then 80.
Bullish Signals
-Squeeze
-Stoch Divergence
-Fib Support
-Weekly oversold
Price Targets
-1st 73
-2nd 80
Great Bullish Setup on NFLXNetflix slowing showing signs of bouncing off of the the lower Bollinger Band while also displaying bullishness via the Stoch indicator. Price target is Fibonacci resistance which is 547.
Bullish Signals
-Bollinger Bands
-Stoch Oscillator
-weekly signals a potential bullish squeeze
Price Target
-547