JamesFlem

JamesFlem

Im sure they will smash q3 and q4 and bounce hard breaking out? but will it be sustained and head to 1250 or go back down?

JamesFlem

Tui looks like it could be playing out an inverse head and shoulders pattern ready to regain the 200 SMA and start trading higher again

JamesFlem

Apple to me looks short and has done for a while. Apple is a big signal and market indicator as to where it is going. right now it looks like its going down all the way to 200 SMA. if it enters the green box its a buy in my opinion

JamesFlem

Rolls royce has been a long for a long time. anything under £1 for rolls is a winner simple had a whole 18 months to buy it at this price. is now broken out of the resistance at 135 range with ease. i suspect at this 145 levels as its overbought itll pull back and set new resistance as new support filling the gap so good oppotunity to buy around 135. id then be...

JamesFlem

This is to help improve my TA by keeping a journal of all of the formations occurred and how they played out. gold created a strong bull flag formation. well defined pole and descending flag. The price then broke out of the flag and started to climb higher. However it failed to reach the 1808 target due to news and lack of volume. instead it formed a Doji...

JamesFlem

Gold bull flag formation. Strong pole and now forming nice descending flag. awaiting breakout on US open. Could see a flush down for stop losses on open like usual with US open. first target is 1807 next target is 1820

JamesFlem

One could view this as double bottom, other as double top. For me the technical levels of immediate support and resistance are the key to direction. If it breaks support of 91.7 then DXY is to head lower. If it starts climbing again till go back to 93 area to try and break resistance. This will inevitably dictate where gold will head. Right now with DXY...

JamesFlem

Inverse head and shoulders is typically a bullish signal. On the Friday session it came down to the neckline and we can figure out where this is headed earlier in the week. Near term bullish target is 74 if it fails then we can see 66 near term

JamesFlem

Been a relitiviety easy stock to trade. Its filled the gap and crap, had a failed breakout and now its sat above support at 35$. One can only predict that itll bounce from this level and push back up again to retest resistance.

JamesFlem

So right now were very very oversold, its come down to Fib level and a massive support level. its formed a cup and handle and a falling wedge. its poised to run africa which is a continent thats 10 years behind America. This to me is like buying amazon back in 2008. China will likely be involved i mean its a BUY and HOLD no doubt

JamesFlem

is gold forming a massive cup and handle scenario? Maybe this is the indication of the bond market, when the inflation crisis happens, gold will be the hedge and go to the moon!?

JamesFlem

Baba has recently had a failed breakout. It has then fell below all moving averages and has even broken below the strong support line and is currently back testing it as resistance. i cant see any news even good earnigns wont help baba at this point. Short?

JamesFlem

Baba has been rejected from the resistance over 5 times and this time its broken out with higher volume, rsi reaching over 90 on the 1 hour chart and it closed above. Everything here looking like a tech run in July. I suspect it to retest the 224 support and if we see a big drop it still has between 220-215 support now. Looking very bullish imo

JamesFlem

Well looks like plby is experiencing a short squeeze

JamesFlem

One of my favourites recently. been following its trend lines for while however with the market FUDDING over inflation fears which is justified, its only a matter of time before uk markets get hit with the same downtrend. Travel is still not clear so right now i could see if coming back down to next level of support before some good news. overall im long on tui,...

JamesFlem

Tesla is definitely a high multiple stock that's affected a lot by these inflationary fears. We know tesla is obviously overvalued and has ALOT of room to the downside. Next support level is around 530, if it breaks that well see you down at 420. No rush, I'm bullish on tesla over the long term, look at this as nothing more than a buying opportunity. Tesla has...

JamesFlem

short imo

JamesFlem

thoughts?