FB kind of scares me considering it hasn't covered, or even closed inside of that gap to the downside. I am going to watch the trendlines and see what happens
BABA has been getting beat up as of late. I would stay away from this one
I believe these two trendlines will tell the story if it is going to continue to trend down or recover
AMZN has been trending in the deviation channel. It has been in the lower channel for a while now, loook for it to hit the bottom line and see if it can hold that level
AAPL has been moving within the standard deviation channels for a while. I would look for it to keep falling down to the bottom trendline before making another move towards that upper standard deviation
Stockdweeb stock, I am not confident in NIO either way. I would imagine it will keep falling for a while more, but I am going to stay away from this stock for the foreseeable future
Another from the weekly stock picks of Stockdweebs. PLNT has been consolidating for a while. If it breaks the upper trendline look for it to hit some resistance at the up standard deviation channel
Reading the weekly stock picks from Stockdweebs.com and giving my thoughts
Just trying to get back into the swing of looking and reading stock charts. I would expect if they key resistence level highlighted, I would expect to fall all the way to the lower resistance level before bouncing again.
Looking for TTD to break out to the upside to the downside, by either breaking the support line or many resistance zones and line.
I would expect MU to keep falling until it hits the fib retracement level. the fib level and bottom trend line intersect at the same spot which gives me a lot of confidence in the scenario.
I really like DKNG for the future as sports gambling grows and becomes more mainstream. I would consider a long term hold by watching for the support level to hold and the residence level to break.
I will be keeping an eye on TGT to break these support and resistance zones. I like them considering it is the holiday season
Considering PYPL has been bearish for the last couple sessions, I would expect it to follow the trend and keep going down till it hits the resistance fib levels. once those are hit and held, i will look for an entry.
If SQ can break the upper resistance zone, look for another bullish run
Last view of this idea was hard to see, this view is easier to see prices. see last post for reasoning
BBY has been testing the drawn resistance level a could times now, if it is able to break and close above that level. I would expect it to run for a bit to the upside, considering the holiday season and black friday is approaching. BBY stock always has a run during this time of year