CheelooTrader

CheelooTrader

In the current market sentiment, spike is due any day now.

CheelooTrader

I have been watching this name since 2.5 and have been amazed by how much poised price action been since. Never too late get into to a working setup.

CheelooTrader

If 35.20 can hold, I reckon this could test 38 to reset the indicators and start the ramp for ER. Countertrend theory, so test of 38 is key. Otherwise, path of least resistance is down.

CheelooTrader

Flag breakout...growing volume...all point to only one direction.

CheelooTrader Updated 

Bearish pattern is emerging. Selling volume is still weak, but flush to 195 and 180 (VWAP) is likely

CheelooTrader

Diverging 5SMA indicates more buying in days ahead. Fib retrace aligns with the levels.

CheelooTrader

1H -ve divergence...one more capitulation move to 3330 should bring big demand to 3380 overnight.

CheelooTrader

Great R/R for longs here through commons, but for options plays, any potential pullback to 200 might present LEAPs opportunity. I doubt it would test pre-ER low anytime soon. let's see.

CheelooTrader

Should retest trendline resistance and likely to breakdown.

CheelooTrader Updated 

Likely to test 90 and then down big, potentially to 27

CheelooTrader

Two resistance levels ahead for WDAY to cross. If it can break out, off we go. We'll find out in next couple of days.