JerryManders

JerryManders

Initial target 293 in coming weeks. If that breaks it opens door for downside to 246-267 (point target 267) by mid to late June. Levels needs to breakdown on path to target: 327, 293, 277

JerryManders

Initial target is 500 in coming weeks. A break below that will open door for downside to 447 by mid June. Levels it needs to break down on path to target are 500, 491, 484, 468

JerryManders

Initial target 410-415 in coming weeks. A break below that will setup for move down to 363 by end of June. Levels it needs to breakdown on path to target are 397 and 384

JerryManders Updated 

For MDB the structure is called an expanding triangle, its bearish with huge volatile swings. There is enough evidence to assume a break below 224.75 (blue box) will initiate a selloff to at least the yellow box (189-203 range) by next Friday 4/28. From that momentum it could complete downside target (red box) to as low as 175 before bouncing in early May....

JerryManders

383 by May 22nd, or as early as May 11th (best case) Then bounce Needs to break below 434 but move is already set in motion

JerryManders

MSFT is due for a backup/retest within a larger Accumulation structure; however, near-term there has been minor distribution which suggests this pullback could be deep enough to make some money on the puts side. Point target is 266, which will be a critical level: - if it bounces in the 266-270 range, it can continue higher to upper 290s (it would be pulled back...

JerryManders

Will sell off into Early May. Target 25 by end of next week, could see as low as 23 before this recovers after a grueling distribution phase this past week. Drop starts now into close, then we will see a gap down tomorrow 4/21 and continuation down from there.

JerryManders Updated 

Could bounce at 20, could drop to 17-19. Probably drop to exactly 18.18 - very good year. Who cares. We Hate The Stock.

JerryManders Updated 

Spy will be pulling back to test support in the 396-401 range - point target 400 by 4/21/2023 Can happen as fast as Wednesday 4/19 but I'm playing 4/28 407 puts to give it enough time. Needs to breakdown near term support in the 405-407 range but ultimately it needs to test 400 before making next leg up. Will re-eval after 400 but likely will be an opportunity...

JerryManders

Still same idea as last post, but now we hae enough info to get more precise trajectory. Expecting red path and then continuation down to the lower portion of 12000-12400 range (red box) Expecting full breakdown of distribution structure by this Thursday 4/20 at 1pm (dark orange circle) Point target my May 1st is 12220

JerryManders

Drop to 12400s by mid next week Straight shot from here on a breakdown then rejection from minor distribution structure Can Find support in 12400s potentially, but not necessarily

JerryManders Updated 

Watch 297-303 for support, but likely headed into 280s by mid Feb. The overall setup is bullish but near-term bearish. I posted previous bullish ideas that all hit, so selling calls now and entering puts. MazzleToff

JerryManders Updated 

Expecting distribution around the 398-401 level through the FOMC and then begin drop Thursday. Downside target is 375 by March 31st.

JerryManders Updated 

Sell zone is 197-206, expecting it to turn back down after rejection at 201-202 tomorrow and then start move down to 150s. Could see 146-154 by early April.

JerryManders Updated 

Expecting 730-760 over next few weeks (likely 730, 1.27 ext. from prev. move), then drop to low 500s by July

JerryManders

The play here is near term puts for move to 140s, which is the black path. Best case scenario for longs is it shows sign of strength with move to 165 (green path) - in that case it would still need a Bu/Retest which eliminates significant upside risk, Worst case for longs is red path - move to low 130s, dead cat, then more down. Black path most likely case,...

JerryManders

Expecting 33-35 by mid april, alt path it gets rejected at 28 and comes back down. Black line was my prediction a couple months back (linked idea), blue lines are forecasted path and alt.

JerryManders

Expected target is 230-235 by mid April, then will bounce from there. There are a few possibilities: - Whipsaw long if bounces in low 260s in coming week - Finds support in low 230s in April, would provide base to make higher high later in the year (in 300s) - If downward pressure takes it below 222, it could see a deadcat bounce and then continuation down...