DZ3572

DZ3572

AAPL - close was ambiguous for me, I would stay short against 174.5/175 targeting 167.89 and 164.20 again - however, daily chart has remained strong, and with it's ambiguous close refusing to stay under that 172 zone - there is a chance to finally break that resistance band at 177 and see a move to 186

DZ3572

TSLA has a killer setup - 880 double bottom of support, now 935-937 resistance band - you can top fish/bottom fish either of those - but the IHS over 937 opens room to 982 and 1030. Under opens room to 800 again - I like the long against 911-915 price action zone, will need that 4 hour yellow ema to break to the upside as that's providing the top side of the smush down

DZ3572

BA smush zone setup I still really like - will need a close over 209 for the bulls, a close under 203 for the bears to try and get a good swing in either direction - you can also top fish/bottom fish against those to try and better the position Bull target 218, with swing potential to 230, 252

DZ3572

BTC making a move that is not one 5 min candle is a great sign for the bulls. We have increasing bull volume and trying to stay over a clear downtrend resistance line. Price action above all, and bulls will need to see hourly consolidation (preferably as a bull flag) and then continuation over 3520 to convincingly break the lower high pattern.

DZ3572

SQ bounced off a weekly support that goes back many months, if we can break the high of Friday, I will look towards teh .382 and .5 fibs for potential profit targets, if we break 71.52 to the downside, I would be looking to scout a higher low entry compared to 65 perhaps off of a second touch on the line - profit targets the same as if we just see continuation.

DZ3572

Cron break of 9.90 (and then 10.08) breaks the lower highs on the hourly and 4 hour and will look up towards a lower high on the daily/weekly - probably looks the best on the 3D chart but I'd be looking up towards the daily MBB and another 4 hour resistance. Profit target over 10%, risk under 3%

DZ3572

TWTR noticeable strength with market weakness the past two trading days and increasing bull volume has not gone unnoticed. 29.12 takes the bull break of this daily falling wedge. I like that FB is in the same pattern too. Looking for profit in the 35 range.

DZ3572

After a huge run up, EMH has consolidated in a very healthy manner on the daily time frame forming a 4 hour equilibrium. Last lower high is 4.54. Entry at 4.55 with a stop below 4.37 or 4.28 more loosely. Measured move is 6.71, but first resistance will be the last daily lower high at 4.97. Even with just 4.97 as a target, R/R is 2/1 for this play. If it starts to...

DZ3572

BTC bulls trying to hold 4 hour support and establish a higher low. Need the 15 min chart to be the first to get a higher low and higher high to look back towards the high of the bounce attempt for the 4 hour oversold bounce to play out.

DZ3572

Watching hourly exponential resistances on this bounce as it is a very weak bounce attempt cooling off hourly RSI's. Bulls will be desperate to hold 5858 weekly higher low to save the weekly equilibrium pattern.

DZ3572 Updated 

Scouting NFLX short on the loss of quadruple bottom of 360. Clear lack of support until 337.65, first target will be the .382 fib retracement from the run up at 351.64

DZ3572

SHOP bearish engulfing today, looking down at the highlighted supports. Given the market weakness and the loss of RSI support, I would be looking to play a higher low compared to 132.63 for bull entries, especially anything other than a day trade. A patient bull will wait for hourly trend to change so there is a new support established.

DZ3572

BABA trying to hold hourly MBB support while getting very tight - clear bull break over 196.07. Clear bear break under 192.72, although a loss that hourly MBB will start me leaning bearish. QQQ in a fairly tight channel and SPY with a triple top on watch for direction first thing too.

DZ3572

XBI getting ready for a move after some super healthy consolidation, bulls need to see a break of the 101.05/101.06 double top and a break of RSI resistance for room to the upside. Earnings from some larger names will like help XBI to pick a direction soon. LABD and LABU will be on my radar this week. I will be much more likely to play a break if overall market...

DZ3572

If the markets are bullish, BABA is a nice bottom fish off this lower RSI trendline - if the markets are bearish today, BABA being one of the weaker names in this past run up might be a nice short losing that RSI support and going back to test the lows of the past couple of weeks.

DZ3572

SPY bulls came out Sunday night but are right back around flat with Friday's close now pre-market. If XLK breaks bullish out of it's tightening hourly equilibrium, I like XLK (TQQQ) and AAPL bullish as per daily charts. If XLK breaks bearish out of it's equilibrium, NVDA has been a much weaker name and I like it for a bear play with first support to break at...

DZ3572 Updated 

INTC showing exhaustion in a rising wedge on the daily. Needs to break 55.06 and close below the uptrend line and preferably below the daily mbb to confirm.

DZ3572

Scouting a bearish play in a blue sky breakout is not a trade I recommend. That being said I'm scouting a short swing on NFLX. Trade is simple, looking for a short entry as close to 429-434 as possible with a swing target of 370. Stop is a weekly close ever 450 for a 5% risk and 15% profit for a 1:3 risk/reward. If NFLX fails to reach 429, I will simply skip the...