11/11/20 - 4 Hr chart - Overall it is still on a downward thrust. It made a come back after it hit the 100 MA and 4th FIB retracement. It also broke the $410 resistance and shows strong buyers' support. The next resistance is $450 3rd FIB and middle of the Bollinger band.
ZM broke the 3rd Fibonaci line of $409 support due to the vaccine news. If tomorrow is another red day, it's a confirmation that it will touch the $367 mark. If not, then the next resistance is $451 (2nd line Fibs).
$DOCU is consolidating, if the price stays above $237 then it will test $250. There will be selling at this point. On the other hand, if the price goes below $237, it has a potential to go down to $205 support then go back up to $225 (inside the triangle).
ZM price reversal at the second FIB line at $451.76 and testing the first line at $504.15. Following the bottom trend line (blue) and the price projection (purple), the resistance is $530, If the price goes above $504.15. It the price goes above $530, it will test the previous high at $588.84 in the next 5 days or sooner. If it breaks $588.84, then we will see...
ZM bounce off the second FIB retracement at $451.76 and testing the first retracement at $504.15. If the price goes above $504.15, it will push the previous high at $588.84. If it breaks $588.84, then we will see a new ATH.
$ZM - Technical analysis shows stairsteps with target of $593. Together with wave 2 concerns, ZM will continue to rally. BULL
I kept the old trendlines and added new ones. The price broke out of the $431 mark and now bullish. I'll be following the neon green lines according to the data I gathered in the past weeks.
The 1 Day chart is showing the Elliot Wave pattern and we are currently on the 5th wave Bullish sentiment. Possible to hit $540-$550, even test the previous high at $575 area. I will hold and wait, sell before earnings on 10/20.
$AAPL approaching the FIBs retracement level 2 to $105.45. The price follows the red line downward and approaching the $105.45 FIBS and support. Technical breakdown if it goes lower, we could see $95.47 FIBS level 3 and fill the GAP down pre-split. Also, notice the TTM squeeze price accumulation. Apple is a strong one, it has a lot of support, trade puts at your own risk.
$SPY – We are having a downward thrust, it broke its long term trendline and crossed the middle Bollinger band, therefore there is a negative bias where the RSI and stochastic are embedded and locked to the downtrend. It went through the 50 Moving day average and also the FIBs level 1 support (not shown here). The next support level is the 100 MA at $316, I don’t...
$TSLA - 9/15- Middle yellow line is the true channel, the price went over that line due to the split. Green - how fast it goes up, Red - how fast it dropped. Possible retracement at $420. If it doesn’t go below then they could drive it to $470 (FOMO $500) by Battery day." Update 9/20 I drew the red line to see if the price will have the same acceleration of...
$TSLA - 1 hr chart Yellow line trendline. The Middle yellow line is the true channel, price went over that line due to the split. Green - how fast it goes up, Red - how fast it dropped. Possible retracement at $420. If it doesn’t go below then they could drive it to $470 at Battery day. 9/17/2020
$TSLA shows an price channel trending upwards. The previous breakout is a Sigmoidal or S-curve from $982 to $1620. The momentum is strong as it reaches the ATM around $2021. The potential retracement where it could find support is around $1753. However, it could do another S-curve that could bring the price up to around $2500.
Here the reversal happened at $10.45 and found support at 12.50 (next FIB). If it doesn't hold at $12, the next support is $8.96. If there is support then we could see the $15.60. This is a temporary swing following the FIB retracement. Overall the price went up from $2 to $21 - a TEN bagger and it's now retracing back.