$GME Monthly Chart: In my opinion, if it weren't for the PS5 & Xbox X Series being released and the holidays coming it would be difficult to see price breaking through the Previous Support now Resistance area (highlighted) and reclaiming the 25.00 mark and above. I could be wrong and GameStop continues to create higher highs, but then again, that's why we have...
Curious to see wether the current C&H pattern will play out.
$CHGG Daily Timeframe: Noticed the Cup & Handle formation along with the positive analyst upgrade, I would like to see if the C & H pattern plays out. $CHGG price target raised to $80 from $55 at Jefferies TheFlyontheWall.com - Live...
Watching $LVGO to see if it can test previous highs as it currently trades above the upper half of its range.
My only issue with the price action are these two candles highlighted in green. The April 3rd close of 15.61 is within the midranges of the real bodies both of which are positioned at two highest peaks of resistance during the buildup of this base in the 4.00 area. A fill to the upside will be very nice with this chart.
$BVSN Daily Timeframe / Look at the structure of these candles highlighted in green, the uniform was premeditated knowledge right before liftoff and now, that large green candle from 2.00 up to 2.76 would make a great range for profit, curious as to what price the market will consider support after the pullback from the first RedDay in price action.
$ECOR Daily Timeframe / Not a big fan of the upper wick on the current daily candle but I would like to see price action test 3.00 again.
$NAT 4hr timeframe / Price is pushing up on previous support now possible resistance not to mention we are at a peak area of interest when reversals in price action tend to happen.
Looking to see price action hold above the open of this Hammer Candle 2/22/19. 4 million in recent call volume. Hammer Candle is resting right above a pervious price point of interest.
$NIO Channeling nicely, buy around support levels, sell around resistance. Confirmation through Price Action & Volume when looking for that reversal off of S&R levels, will be key. Keep watch for a breakout above or bellow S&R price lines. Good Day & Good Trading ~ SG1
Strong Call volume Reputation for being aggressive Testing previous support levels First target 8.78 ( area )
After Cup & Handle formation played out with a bounce off of the 20 ema and good news of a business collaboration, momentum looks to be weakening two days into the reversal. HENDERSON, NV / ACCESSWIRE / January 25, 2019 New Age Beverages Corp. (NBEV) (Market Cap: $488.684M Share Price: $6.51) announced that it has signed an agreement to develop and distribute...
$NBEV Creating lower lows after opening below previous day's close ending the days session at previous S/R levels, keeping watch for a reversal somewhere between now and the 5.45 ish mark. Either way, make a play and wait for confirmation. Good Day & Good Trading ~SG1
$NBEV Trending Bullish with higher lows until we created a Cup & Handle formation. Bearish candle on the 18th of Jan 2019 hasn't completely engulfed the price action of the previous day and still holds above the 9 ema . I want to see a break of 6.90 with a modest 7.50 target either way, make a play. ~SG1
$RDNT looks like it is still on it's way to test the past breakout of 11.90
$RDNT Weekly: With a possible break of the neck line on a Head & Shoulder's formation, remember, analysis is about watching for the potentials and being ready to react to the variables presented to you in real time so I study, $RDNT heading back to previous Support & Resistance of 11.90 ? September 25 2017 you see resistance at 11.90 and then March 12 2018 you...
Weekly Time Frame: Fair market value zones seem to be oscillating around $4.18 mark also showing previous Support & Resistance (Rsi) looks like it could reject its test of the overbought area, may have a pullback or create lower zones of fair market value until 4.18 can be broken for a serious up trend, constructive criticism is more than welcome of all my...
$CALX - Price action spikes sharply breaking the current natural waves of this uptrend. I am expecting a retracement in a drastic way due to shorts wanting to take advantage of price displacement. (Rsi) Is positioned for a downturn, IMO