Decking volume on rsi and obv, rsi extended on all time frames. Ran up 38 dollars in 3 days needs a pull back, yields 1.88, Vix at 21.7. Not finacial advice don’t get caught in the bull trap!
Sq looks great on the 4H forming a V top, need to see if it can break blue line to clear the top and move up points, unless we reject top of line and come back down t test supports. Also Sq has a good catylast going which is new check out on cash app pay for consumers.
We are in September now and the S&P 500 always struggles during this month. CPI News comes out at 8:30 am tommorw, which will tell us what percent inflation the Economy is at right now.
Ticker AMZN
Watching a gap fill down for puts below 3435 to 3351, on the 1H you can see that 3435.89 is a key support where AMZN has bounced multiple times off it and when it...
Tsla making a bull flag on the 1H taking calls above big Supply at 745, Elon tweeted about "Tesla Ai/Autopilot is making excellent progress and solving real world problems". Earnings are in 10 days and this could be the cool off from today to the huge earnings run up.
liking QCOM long once we break this bull flag on the 1D, looking to enter above 136, profit taking would be at T1 142 144 TP2 TP3 146 to test that next demand zone
