Pattern: Double Bottom Spy is currently developing a double bottom pattern. Demand zone of 568-567 has giving support for buyers. In order for this pattern to have successful upside momentum we need to see a nice push through 575.50 with a nice hold with consolidation. Also be if we do get that break be cautious 576.91 supply zone created 10-31-24 Thanks...
Pattern : Pennate favored to the downside. If we can get a break of the supporting trend line with nice volume. at 739.31. We may be able to grab puts to 733.06
We have been trading in a ascending wedge for the pass week. 586.12 has been a strong area to break. we are also loosing buying power with in this pattern. The pattern is a daily and 4 hour trend that has strong respect.
News: Apple will be reporting earnings on Thursday October 31. Apple has a high of 237.49 that was created on Tuesday October 15, 2024. This high created has topped the previous high 237.23 created on Monday July 15, 24. Pattern we are trading is is a ascending triangle tu the up side on the daily and 4hr time frame. Every pull back has created a Higher Low...
We have been trading in a ascending wedge for the pass week. 586.12 has been a strong area to break. we are also loosing buying power with in this pattern. The pattern is a daily and 4 hour trend that has strong respect.
Currently Sq started a downward channel on September 19. It then continued in that channel until October 2, with a low of 63.95. This low was the head of the Inverted head and shoulder pattern. created on the dates of 10/1/24 , 10/2/24 and 10/3/24. The head and right shoulder was the beginning of the support of a secondary uptrend which is also trading in a...
We have developed a Change Of Character on spy on July18 from its previous uptrend from April 19, 2024 to July 17, 2024. Im looking for a rejection at levels 550.50 - 550 for a continue of its downward channel.
I caught 529 puts. From earlier this morning, And after exit We tagged the trend line for the support of the ascending triangle
To day we may push pass 531.11 - 531.57 There is a trend line that started on the 17th that now has two touches of support to the upside.
My technicals was wrong on Tyson Foods. I'm still trying to find out why it traded the way it did.
TysonChicken ( TSN ) Short 1.News 2.Rising Channel 3.Ascending Triangle 4.The Trade/ Entry,Stop Loss, Take Profit Tyson Foods to Drop ‘No Antibiotics Ever’ Label on Some Chicken Products Tyson has a major drop on earnings Rising Channel A rising channel has developed in the past 3 days The start of the rising channel started at $49.21 The ending of the...
Amazon Has been ranging between the levels of 131.50 - 127.00 (1hour) Resistance Levels (15 Minute Time Frame) The Resistance Levels I’ve charted from strongest to weakness, and they are 131.49, 131.21, 130.85 Support Levels The Support Levels I have listed as 127.50, 127.28, 127.00
QQQ have started a upward channel on March 24, 2023 On the daily chart above the yellow arrow shows the beginning of the support of the channel.After zooming in on the 1 hour chart, you can see the channel overall structure. I do understand we all trade differently. But the way I chart channels are with at least 2 trend lines.This give me an understanding of when...
Walt Disney Disney Broke After Market and Pre Market lows of 90.85 Also it broken the level 90.60, to the down side Power Candle after drop Channel on 1 and 5minute Indicator ROC, ADL RSI Brake of the 1 and 5 Minute Trend Line Reversal Candle
Good morning to everyone.Im here to learn by receiving and sharing whats posted and sharing what i see in the market. This is a trade im currently watching on Disney. im waiting for a brake around 90.60. My levels and interest to purchase are at 1st 87.48 - 87.00 2nd 84.36 - 84.07 These two levels i see as nice bounces for a Call Option and my last level of...