Looks great SIL burned time off the clock and worked off any divergent high potential. strong gap over resistance and retest. strong breakout with volume over the channel and we should see 90 on this.
WKHS is squeezing underneath the 12/26/50 day ema's. Price should choose a direction soon. 200 day ema is inside consolidation and key to how WKHS price will carry on. Break below the 200 day ema and there's a good probability of a larger fall.
Snap is exhibiting hesitation and possible RW with bearish divergence and a high CRSI. If the RW support breaks we could see it roll over to 38 support and touch 20ema, otherwise I'd look for 43.
This one may catch people off guard if it play out.
PFE shows signs of moving too quick to the upside and may retest the breakout level.
Probability of a shake out coming in on TSLA being stuck at 600. 3D inverted hammer and dragonfly showing indecision outside the BB band. Weekly showing a hangman type candle too. not taking a short on this but I'd love to target 500-510 for a move higher, 3D 12ema would be a nice spot. If there's a bounce, I'd say 800 is possible.
NASDAQ could be getting ready for a shake out but there is a lot of support down there and euphoria going on. I can imagine that the support will hold if tested on the first try. * large break down candle at a multi-year support turned multi-year resistance. * break of what looks to be a bear flag Probability is down with a sling shot up to a lower high. We...
AXSM is wound up tight as can be and should be ready to move somewhere soon. .616 FIB level have been support inside a tightening range. Watch the 3 day closure as it is making a strong bullish hammer off the EMA's and the .618 FIB level. Monthly Volume is following PA nicely and EMA's are catching up. Burning the clock in bullish context with bullish PA,...
Very apparent, high volume rejection candle and buying pressure is dying up the wall of worry. To support we go?
FW just after the HS top. FW R/S is confirmed with 3 touches. Target would be to close the gap down, possible touch the highs before plummeting to 35. Plan is void with a break below the FW wedge support.
A few things show MO is a good long term hold. MO broke the parabolic bear trend and is retesting this area with a monthly bull div. Mo has used the 200 monthly MA as a great buy opportunity for long bull market moves. Monthly has a kangaroo tail, weekly looks like a Whammie formation, and daily looks to be finding support. R/R is good for a...
BAC appears to be approaching strong resistance, channel resistance, and FIB .618 level after the breakdown in March. May experience turbulence soon.
Double bottom wicks and a monthly bullish divergence..... time to start stacking the cards until otherwise.
Apple may be getting ready to see another move higher over the next few months. It has been consolidating over the last two month with the moving averages continuing to push higher. Macro is showing strong potential of a bull flag with a price target of just around $260. Safest entry would be a daily close over 125 and a support back-test or, for the very...