Dabney

Dabney

BTC looks like it's ready to break to 59k before meeting any real resistance. Clean shot and clean chart on all time frames, there's really nothing in its way here and it seems like the news surrounding the cyrpto space has turned positive. Cautiously bullish to 59k, and then we see.

Dabney

Huge gap overhead, this is a coin flip with great risk to reward; the upside being $99. Travel has also been beaten up, and in a tough spot with the holidays coming up, but the chart looks good on the daily, and volume dropping off, there could be a big move coming here. Something to keep an eye on. Trade is no good with a daily close below $82 but also one of...

Dabney

AAPL never moves when we want it to move, but with earnings coming up at the end of the month and also oversold there is an opportunity to catch more of this bounce that came from strong support at $138. If the selling is over, I am expecting a move back to $145 $147, and $150. Trade is invalidated with a daily close below $139

Dabney Updated 

FDX is oversold on the daily with the RSI sitting at a whopping 17. Too far gone and expect a bounce like most names that sold off the last two weeks. There is a healthy gap above that can fill, especially with the holiday season coming up. Trade is invalidated with a daily close below $217

Dabney

If markets cooperate TSLA can run to All Time Highs soon. It has respected the channel but is facing serious overhead resistance. Above $780 and this thing isn't coming back. This is a momentum play with huge potential upside. Trade invalidated with a daily close below $748

Dabney Updated 

FVRR was treated poorly and got beat up very badly after a huge run. There is a massive gap above that looks poised to fill. Fill would complete at the golden pocket which you should know by now is the sweet spot. Good spot to enter here, won’t be easy, and probably won’t be quick. Trade would be invalidated with a daily close below $176.

Dabney

No watchlist this week but this looks like a sweet spot for the market to retrace to. Former resistance that held as support in the 4200 range. Would set up an incredible run to end the year. Just my thoughts and this week is make or break for that scenario. Be light, stay nimble.

Dabney Updated 

This looks like a Head and Shoulders that’s ready to break to the downside. From a technical perspective there’s a perfect wick off the Golden Pocket’s 0.65 retracements level and has made lower lows on the daily timeframe. Would need confirmation before jumping into any short position, but a go signal would be a break, hold, and close below the (yellow)...

Dabney Updated 

TGT pretty low risk entry here. Target went vertical in June on an earnings run up (those were the good days) before a much needed correction. It's landed in the Golden Pocket but there may be one more push to the downside. I’ll enter here with the anticipation of adding a second entry near the .707. Trade would be invalidated not one penny below a daily close of $238.

Dabney Updated 

Pretty straight forward play here. PYPL looks like it want to fill the gap above, which also lines up with the golden pocket retracement from the downside. Healthy chart as long as its above the 8ema. Look for continuation to the upside until gap fill approach.

Dabney

MCD - Good volume the last few days here. Could tests above to see what was up there but held. Nice coin flip trade here. If it can break Friday’s high of $239.70, it looks like $245 is the next stop, but not with a backtest first, highlighted in yellow. Secondary scenario is a fake out breakout, and complete destruction to the downside. Pick your poison wisely....

Dabney Updated 

Looks like Walmart is ready to go! Triple inside bar on increased daily volume. I’m looking for a big move and breakout of the pattern. Looking at $144 and $150 as my first targets. Stop would be a daily close under $138

Dabney Updated 

Looking for tech to run and FB to follow, with a move to the mid trendline. Will update throughout the week. Trade invalidated with daily close outside of the channel.

Dabney

Longer term play here. LMND will eventually have a daily trend change. Its early and still has a couple weeks to play out, but you can set an alert for a break of the pennant to the upside, where I'm look for it to test the $100 psychological number and eventually $110+. Lots of time. Let it play out. Trade invalidated on a break of the lower pennant line around $66.

Dabney

Keep an eye out on this massive wedge. Draw the lines, set an alert for a break of the upper trendline at $14. There's going to be a huge move coming on this chart. Invalidated on a daily close below $12.45

Dabney

Looking for COIN to make a move to the center of the channel. Keep an eye out, especially if BTC gets a boost into 50k this week. Target 1 is $280. A daily close outside the channel invalidates the trade.

Dabney

Looking for a bounce from the golden pocket heading into earnings. Must hold this level here. Trade invalidated with a daily close below the .786 ($279) fibonacci retracement level.

Dabney Updated 

No real trade idea here but an analysis on what I see. Very interesting reaction after earnings and two scenarios I can see playing out here. 1) a hard bounce from the .707 fibonacci retracement level sends it flying with big tech reporting this week or 2) a pop, setting up a bear flag and a break below $500 if big teach misses on earnings. I don't have a clue...