GoodTrades_Only

GoodTrades_Only

We tried to break above .50 fib numerous times and failed. I expect we come back down the Daily channel to retest $215 and hope to hold it. Otherwise, look for .618 fib level as a support but can bounce between both levels depending on price action. I play both sides but will not play this week's price action on this ticker due to the Daily mother bar. The action...

GoodTrades_Only

I like what I see here. It is flagging and my short term target is bullish. It held the .50 fib retracement nicely and bounce in the golden zone. Remember to play both sides of the trade. Any failure to break above this flag, means a retest of the .50 fib level. Stay ready.

GoodTrades_Only

We retested .50 fib and rejected it. We are now in the golden zone and can bounce if volume comes in. I expected a short bounce to the upside however my target remains short as it needs to fall into a strong demand zone to confirm the move to the upside. It is hugging the Daily channel quite well, bouncing up and down.

GoodTrades_Only

Double bottom on the Daily TF. Also retraced 50% down the mother bar candle and showed strength with a bounce. I am expecting a gap fill on the upside in near term here.

GoodTrades_Only

Sell off is not over. I can see us selling until we hit $107.26 this month. It continues to show sign of weakness on the monthly TF.

GoodTrades_Only

Hate to say it but I am bearish. We are still below weekly VPOC and Bulls are struggling. I like this to the downside...We shall see 900-870. Mind you there is a gap below that on the Daily. I will be watching closely to play the downside. Be careful of bounces as this ticker bounces hard when in demand zone and kills premium. Mark your demand zone on the Daily...

GoodTrades_Only

Currently holding over .50 fib nicely. Based on news I like it to the upside target of 301 and 318. But remember, sell the news can likely play out on Tuesday during the news conference. If that happens, I will short all the way to $272 and $257. Be careful playing the upside on covid tickers.

GoodTrades_Only

Looks to me that MM has been running a distribution campaign for nearly 6-7 months now and I expect this to fall to $209. It also failed to hold the Daily channel. I expect this quarter to be an outside quarter...I am very bearish on this ticker. $197 is my target but I will take $209 this December.

GoodTrades_Only

I watched this ticker for 2 weeks now. I expected the reversal on the weekly channel which was confirmed. I am bullish on this and I believe we are seeing money flowing into this ticker. We have a gap on the Daily to fill but it appears we rejected it last week. I am watching for continuation and if it fails, I expected a retest of the weekly channel.

GoodTrades_Only

I expect a restest of 3382 and bounce off demand if it is strong. My upside target is 3453. Remember this ticker can move 100 pts easily in both directions. So if 3382 fails to hold, expect a retest of 3303 and 3278. We are either seeing MM distributing or running a markup campaign. They would have to take it down lower to acquire more inventory and I am not 100%...

GoodTrades_Only

Solid bounce here in the golden zone out of .50 and .618 fib. I am expecting continuation to the upside for a retest of 300. Be aware of the psych level that 300 represents. Failure to break above it, I will short back down to .50 fib.

GoodTrades_Only

We saw nice volume last week. I am liking a retest of the channel here on the Daily. We closed right below the bottom of the channel. If we see volume, I will play it to the upside. Be aware of covid-19 related news. It may sell off on news.

GoodTrades_Only

I like this to the downside. I believe if the down trend continues we will turn December into an outside month. Be cautious of bounces.

GoodTrades_Only

I am not sold on the uptrend on this ticker just yet. Daily closed below VWAP. I expect a test of the Daily trendline as a support before a move to the upside. If this test fails, I expect we will fill the gap on the daily.

GoodTrades_Only

I am bullish on this ticker. Looking at the Quarterly, it has gained momentum and has started coming back up through prior month's range. Over $47.74, my target is at least $50 in 4 to 6 weeks.

GoodTrades_Only

I like this to the downside. Volume is drying up and the Volume that came in today was not enough to break out of the channel. Max pain is coming and I am bearish on this ticker. My short-term target to the downside it the 50 Fib.

GoodTrades_Only

This is a Covid19 fear favorite stonk. What goes up, will come down...eventually. Many gaps to fill on the downside. Huge Sell off this past day prompted me to be cautious as we could see either a relentless continuation or an exhaustion. Either ways, we do not time the moves. We play the triggers to both sides. Pick your R/R ratio.

GoodTrades_Only

It is currently respecting the channel and is setting up for a move. I will take a trade to the upside for a greater Risk/Reward once it reclaims the Daily VPOC.