BBTrader29

BBTrader29

Bitcoin is following a head and shoulders pattern and seems to have reach its final right shoulder. Bitcoin has been overextended on the monthly chart for a while and a pullback looks impending. This bottom range of the right shoulder looks to be around the 55k range for a healthy pullback. Everyone wants crypto to go straight up without thinking of the...

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TSLA is in the last leg of its wave pattern. It's previous wave low was at 196, and since has followed the wave pattern back above its moving averages. It also has formed a nice rounding pattern, suggesting we would get back to old highs of 375-400 by March 2024. This would be a 3.25:1 risk reward ratio. WIth the stop loss being at the previous wave low of 196.

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GOOG has crossed over its 13 ema showing bullishness on the daily/4hr/hourly. It has been posting higher lows with the most recent low being at the 110 level. This is looking like it has trajectory to the top of the range to the 120 area.

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CRWD has a inclining support zone at the 173 area, with higher lows being met at this zone followed by higher highs. Thinking CRWD will bounce from here and reach a higher high around the 198 area.

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MRNA has retested support around the 156 area and showed a bullish close on the hourly/4hour/daily charts. The range here is 156 to 184. MRNA had a healthy pullback to support and now looks to continue upward in the range.

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CCL has longer term uptrending support which currently lies at the 21.5 level. CCL has also been in a longer term range, and i believe this is the bottom of that range. Suspecting a bounce from here

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FCEL has recently posted a higher high, followed by a higher low. This is uptredning along the moving averages and looks to test the most recent high of 8.8. It also could make a higher high around 9.5

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HOOD gapped down on earnings to its all time low, the is a support buy zone. Looking for this to bounce back up to pre-earnings prices. A close below the all time low of 33.8 would trigger an exit

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DOCU is showing an upward round trending formation and held the moving averages with a green doji candle. Looking to continue the upward momentum before earnings are reported. A break below todays low would indicate a break in trend

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DKNG had a complete sell off after showing strength and a buy up this morning. Its a bull trap and closed red on the day leaving a long sell off wick above the moving average. Looks like this moving average will act as short term resistance now. The 48 level has been tested 5 times and it looks as though its heading for a 6th, looking to see a breakdown to the 45 range.

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ZS has ran up right into its previous ATH. This is the first test of that high, and it comes after being overbought on stochastics and after 4 consecutive green run-up days pushing it to overextended levels piercing above the upper bollinger band. This level will act as resistance with 300 mark also acting as a physcological level of resistance, which is where...

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BYND is overextended on the bollinger bands and the stochastics are oversold and showing bullish divergence. Price has continued down has stochastics have leveled off. Looking for a snapback off of the 100 support level. This 100 support is also a psychological level for the stock and will act as support.

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SPWR has just filled the gap in its daily chart. Now that the gap has filled i'm looking for a reversal back to the top of the range around the 24.3 area. It is also sitting on the 50 sma support.

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YETI is overextended to the downside on its 6th consecutive red day. It has now exceeded the lower bollinger band and is oversold on the stochastics. It has also reached a support bounce area around 85 range. It also has the 200 sma as support. All this considered i believe a relief snapback bounce is in play until 91 range.

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ZS has crossed over its 13 EMA and pulled back to test it today holding the level. Looking for a run up in the range to 285.

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PD Gapped up on earnings followed by an immediate reversal where it has now filled that prior gap. Now that the gap has been filled i suspect a rally back to the gap up level of 47.25

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MRNA has pulled back to its EMA and held on a green candle, looking good for a runup to the top of the range at 463. This also looks like a correction wave to a higher high. It just posted a higher low. Higher target price should be 483.

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DXC has formed a downside flagging formation and has broken through support of the 34.8 level. Before it had held support with only the wicks of the candle cracking it but still closing above it on the day, except for today. I think this is a signal for a further breakdown, maybe down to the 200 sma.