DIS holding above mid line with earnings approaching
As long as price stays above the triangle mid line I am bullish.
Just in time for an earnings run up. I like this play as a short term call option hold until 40% profit or 40% loss or close before ER.
But now we need to fight off post earnings moves. If it has good earnings I like long positions here.
Looks like BABA is testing some key support here (green lines).
We love this stock and it is apparent by this article we wrote optionsinformants.com
Even with earnings coming soon? I think the next couple of days will be telling.
We called this like clock work :) Chart has all the details.
Looks like BIDU failed out of its sym triangle breakout but did the range breakout fail with that?
This is interesting BABA is playing at the top of resistance and holding its intraday support.
On the monthly chart the SPX is is forming a pretty bearish candle which, how bearish, will be determined by today’s trading day. If bulls can get back into the market it will make it for a less bearish candle but, there is a lot of points to make if bulls want to turn this into a doji. With everything going on in the world I find it hard to believe there are...
I am waiting for a breakout above the spike for a large move upward.
A little update thanks to a new friend. I was able to see things a bit differently.
I think I have identified the range indicated by the yellow support and resistance.