DerekD_

DerekD_

Solid downtrend since 2015 or so. Everything is resistance @ this point, but depending on how price action holds up above $48 range - we could see a runner

DerekD_ Updated 

Lemme get uhhhhhhhhhhh 223%

DerekD_ Updated 

Short term resilience looking dope. Definitely wish I could've gotten long around the dip - TP for me would've been in between 161% & 200% @ or around $84.75 but I think we could see a re-test of ATH's. Not jumping over the opportunity to get in with a few calls - just because the target prices sit around pretty heavy resistance, but, time will tell. A1 short...

DerekD_

Little iffy on this one at first. Healthcare has been getting slapped around as is, but, I mean @ this point it's not as bad as $NKTR is lol. Best comparison I could find was $AAPL right around the time (little before) Q1 2018 report was due. Price action wasn't as choppy as $AAPL leading up to its big drop, but most definitely left a dent. Another main difference...

DerekD_ Updated 

This is about to get nasty

DerekD_ Updated 

I'm really only posting this as an IQ test to determine whether I'm a genius or not

DerekD_ Updated 

As nice a dip the $FB vs. Cambridge Analytics was, the $MTCH vs. $FB cupid contest is looking just as attractive. May 18th is shareholder meeting, so if the setup today (May 17th) doesn't look breakout ready, next week should definitely see some action. A1 (most realistic) target price is mid $42. Purple rectangle indicates potential target before re-trace to next...

DerekD_ Updated 

223% essentially (my) long-term target price. I'd expect 200% upside @ or around just short of $261 before potential re-trace. Definitely my favorite type of setup.

DerekD_ Updated 

Not even sure what to use as a description. I like using $FB & $AAPL as relative strength indicators (rather than the whole FAANG group). Regardless of bias, the moves $AAPL has made recently has gotten plenty of attention. Since the $AAPL drop before earnings was around same time as $FB's drop during Cambridge Analyt, call it a stretch but I see $FB testing a...

DerekD_

Really don't care too much for growth value in retail; can't say the recent / current pop isn't interesting to watch, though. Haven't seen an A+ long-term play in the sector for a while so, this one is something to watch.

DerekD_

Daily chart itself doesn't do its justice for anyone really considering going long for this. Couldn't care less for fundamentals, bull / bear thesis, positive / negative sentiment, analysts' conspiracies, it's just the chart. 14 MFI on daily & 28MFI on 4hour clear-as-day divergence just.... plummeting. Price on 4 hour is finally under 750(Low) EMA. Without too...

DerekD_ Updated 

HmmmmMMmmMMmMmmMmM

DerekD_ Updated 

Part 2 of $CTSH - except this week I'm long. You can check out original idea here - Selloff to the $74.85 range was predictable before seeing an upside. Despite the significance in the drop, the setup pointing towards a heavy move back upwards to the $80 (& eventually around $81.50) range looks almost like a textbook correction (for now, at least). Most ideal...

DerekD_ Updated 

Expecting a 161% around $59.18. Some reason I had another chart laid out that had $58.86 as price target but, either or is accurate to say the least. If the daily chart doesn't do a short position justice - the weekly should. Best comparison of after-earnings-upsets are $SNAP & $CTSH, easily. Especially after 20EMA bounces below 180WMA. But GL to anyone who's long. Meow

DerekD_

Maaannnnnn you know, I like $WMT. After taking this type of beating from the flipkart deal though, I'm not too sympathetic. At all, really. Maybe the interest in flipkart came after $AMZN reported 105% growth in India's e-commerce last year; maybe it's the fact that flipkart is the next biggest competitor. $AMZN has its foot in the door already, so what $WMT would...

DerekD_ Updated 

Took me 18 secs or so to finish this one. Little challenging pattern here, but, you know. My guesstimate is $73-$75. While were @ this disappointing earnings report, anyone else notice their internal investigation by DOJ & SEC for $6M in "improper payments" between 2009-2016? Makes me wonder why wasn't brought up on the earnings call. "A little -$.04 miss by EPS...

DerekD_ Updated 

Ghost pattern overlay onto the 4hr chart from 01/2016 is almost identical as where we're at now. Gartley patterns are a little tough for me to consider, since too often, one is followed by the opposite. In this case, the "W" took it's toll on the bulls. W/ the bullish gartley forming, oversold MFI, pullback on MACD as well as the MA's, I can only see the gap to...

DerekD_

Market is going to crash!!! Bears run this!!! Biggest week of earnings & stronger U.S index but it doesn't matter because 3% US10Y!! Well, not 3% since it failed the re-test but it'll keep going up!! Bulls will never see the 1.272 re-trace at $274!!!!