Logitech is showing signs of reversing at the $80 support level. Something to keep your eye on. $88 and $93 would be the next targets
$BAT is hitting the 200 day EMA with some reversal momentum. If it breaks 200EMA, look for key points at $1.30 & $1.40 for resistance to support.
My two scenarios on how I see $ETH play out through Q4-Q1 1. Consolidate in a descending triangle until it gets enough buying volume to break resistance 2. Break support on the descending triangle and drop to $3500 support
Been tracking $SOL for a couple months. Perfect trendline over summer. Since breaking that trend, its been trying to find a bottom base. I see ~$150 being that zone to get in cheap before bulls take over again
$BTC is gaining some momentum as of recent; 4 months before the next Halving event. I am heavily bullish, but $BTC current structure may be signalling a possible Head & Shoulders pattern with resistance around 9.5K. If we can get to 10K I think we are in the clear of near term correction, but I will be keeping a close eye on the action at it's current levels...
Canopy is at an interesting level, currently @ $34.80 support. If broken on the downside, we could see a re-test of the $25 price level. Since it has been following the upward trendline quite nicely over the past 18 months,it's current price may be a good entry level, or wait to see if it fails lower. since I never buy on a high, I 'm happy with entering in at this price.
$DBX price has been cut in half since it's ATH around $40 last year to date. It appears that the downward fractal has ended, so I expect for it to go sideways throughout summer. $DBX may need to go below the $20 support line before it can end this sideways trend. Going to keep my eye on it this summer and re-evaluate a good entry point in a couple months. It would...
Nothing special here but some support, resistance, and trend lines. $MBII has been on a steady increase since the December sell off, creating higher highs and higher lows for 6 months straight. Summer seems like a time that Marrone will make more sells and partnerships, so I expect for this trend to continue until we hit that $1.85 resistance again. We failed...
Drew some support/resistance lines to determine a good entry for a swing
Price of $SQ is now at a reasonable range for me. Drew some support lines to determine a good point of entry. May look for a Put call here soon with 4 straight days in the green.
$HEAR is now pushing upward to the Yellow Support line after getting close to the Blue $16.50 Support from last week. My new target is at the $22.50-$23.00 Support. With Earnings being reported early next month, I think we will be seeing a new trend reversal happening this Holiday.
Putting $HEAR on my radar for the holiday. Currently, we see that it's in a pretty healthy (IMO) downtrend. Support has been drawn at the $16 support line as the end of the trend. The Bollinger Bands indicates that price action is towards the bottom band, meaning we have a LOT of upside to be made after the end of this correction. Good entry would be anywhere...
MBII - I wanted to highlight the Support/Resistance lines that Marrone Bio Innovations have been making over the last few months, to give insight on the price action of the company. We have support at $1.80 & $2.00 , and now new resistance at about $2.10-2.15 . Using these lines should make your trading easier on what targets to consider. I am leaning towards...
$NKE has fallen back down to its $79 support line. Looks like a nice selloff amidst the recent news, but I suspect Nike will easily bounce back and reach new highs. I am looking at $85-$90 as the new support line, especially with the holiday season near. I'd love to hear other opinions and ideas on where you guys think Nike will go next.
$TRXC has been on a tear since the news that TransEnterix expects to make 3 more sales of their Senhance devices by the end of Q3 and higher sales in Q4. From the graph, we see that it was able to break past the $5.50 Resistance pretty easily last week, and now it seems to be looking for a new support line. I suspect it will hit resistance again around...
$TRXC is expecting to sell 3 more surgical robots before the end of Q3, which seemed to propel the shares nearly 8% over the last couple of days. We should expect a retracement between $$4.80-$5.10 for the correction. I am very Long and Bullish on TRXC, but I like playing hype and news.