Following any large drop in the overall market is a great time to consider entering. Technically speaking chart is approaching a good level I would expect for a wave 4 and gives a relatively good risk reward ratio. I would personally buy an option expiring early to mid summer but buying shared would be the safer choice. Make sure to manage your risk and watch the...
Stock has decreased significantly over the past months but has been having bursts of bullish movements alongside the overall market. Looks to have stabilized and started to increase slowly. Manage risk when entering and make sure to set a CL. Also is around the .618 retracement level which we would see if this were a wave 1 of a greater 5 wave series.
Dropped down to good support levels and has the required volume to make a move to the upside. Overall, I wouldn't be surprised if CCL continues to consolidate sideways but now could be a good entry position for a quick intraweekly trade.
Interesting set-up with how there price is very representative of the volume. Judging from the large sell volume recently after an increase and the return to relevent fib levels it seems likely that there will be another short term bullish move followed by a minor correction. Overall, chart looks good and the R/R here is decent. Market seems to be on a return but...
Current chart for AAL is looking like a good potential swing. Time range would be 3-4 weeks, but the overall market would have to stay at least somewhat level since any large drops in the market would also decrease the value of AAL. Price is reaching good levels of support based off of fibonacci as well as chart patterns and this may be the start of another 5 wave...
With most of the large caps either dropping or trending sideways you have to be flexible as a trader. From analyzing stock screeners it becomes apparent that the most successful stocks as of now are small caps and pennies. This could be due to hesitancy by many traders to enter into large caps into a unpredictable market. GSAT is dipping to a significant support...
Looks like a good reversal going into another bullish wave. Bounced at key support levels and w/ fears of inflation it wouldn't be surprising to see more volume going into other sectors such as non-energy minerals.
The chart shows a wave 2 dip to the .618 levels and a trend in the other direction beginning. Also, the legal issues that were one of the primary causes for the dip in Oatly are getting settled. These factors alongside increasing volume indicate that there could be a reversal in the trend as long as the overall market can at least stay neutral. Keep risk to a...
Stock has been consolidating, and overall I think airlines as a sector will have a fall run. Multiple previous touches at support show that there is some underlying bullish factors even if the overall share price has been dropping recently, people have been buying on the dips. Additionally, I would expect a change in overall direction to come around the .618...
Increased buying of LI has caused a strong upwards move. Just passed some resistance so there is a possibility of a continued upwards correction after the last few months of downtrending or if it can't break resistance there are strong support levels around 27.35 which could be a good place to buy on the dip.
High probability of a strong move at these levels. Has previously touched the 13.65-13.70 level a few times while wedging. Combined with the bullish volume sets this up as a high R/R play.
Looking at this chart we can see that it's been forming a wedge around the 0.618 level for a strong wave one it had last fall. There's been a good period of consolidation and I feel that the EV sector is likely to gain an increase in attention going into the end of the year. The overall market, in my opinion, is likely to dip going into early September and this...
There's some good consolidation of volume and increased interest in this stock after its earnings. Could be a strong move in either direction, but the fact that this is occurring at a significant fib ratio area increases the chances of more bullish outcome. Current market seems like one where the strongest moves happen in the morning followed by relatively still...
There's a lot of resistance at 31, but once the price passes that with enough volume im expecting a very bullish uptrend like we've seen in the past from this stock. Good fib levels have been held and targets can be found via fib extension. Good formation of a wedge occuring now as consolidation increases. have CL set close since there could be strong moves down as well.
One of the best chart patterns I'vs seen in quite some time. This looks like it could be a very high probability play to make some profit with low risk. Price been holding at key levels and CL is close.
Markets have been very volatile recently and even good ER's can cause a stock price to drop. However, AR does seem to be in a uptrend currently rallying back from its drop. Some increased volume as well as reversals at key levels indicate that there could be some good upside to this trend. Keep your CL tight and always manage your risk.
Entering into this stock at the high to mid $80s would be a great entry for a swing position. With the overall market trends moving away from the previously bullish movement, AMD would be likely to drop to these levels. Wave theory, as well as the growing demand for semiconductors, makes it seem plausible that a minimum future target for AMD would be around $105...
