Jovan888

Jovan888

GME on Monthly is squeezing for over a year now - Breakout trigger here is $22. If we manage a monthly close above that - it can start a massive rally on this one back to $44-47 Nothing to do for now as the pattern is not yet active - I set an alert for $22 price cross and will wait until then.

Jovan888

BIDU has been setting up an inverse head & shoulders on the monthly chart for the past 18 months. If this can clear 157-160 resistance area , the IHS will fire and this will trigger a long into 186.22, 218.41, 250.60. Then there is a prior large sell block at 273 which must be taken out for a run to 350+. This setup is ONLY valid on a break of 157-160 area ....

Jovan888 Updated 

Breakout on massive wedge, AMC has been consolidating all year - trigger for breakout is over $6 to target gap fill at 17.50.

Jovan888 Updated 

SPY is building a rising wedge on the weekly chart. On the daily chart it has a falling wedge within, which indicates a short term bounce may be coming to fill the gap above at 455-456 and test the recent high at 459. AAII survey continues to maintain high levels of bullish sentiment despite the past 2 weeks of selling. However, I want to point out that the...

Jovan888 Updated 

July lows in tact - at trend line now, this is THE bounce spot for bull case to continue Long SPX 4400 target 4650+ S/L is 4387 (July lower low)

Jovan888 Updated 

Although market pulling back, GOOGL has been holding this bull pennant, looking for this to breakout in either direction for the next $10 move. 127 LIS If 127 is lost we can retest 116-120 If 131 is taken out we can head to 137-140

Jovan888 Updated 

Breakout from wedge on good ER - gapping up over the 50SMA, has room to run towards the unfilled gap at 2.32.

Jovan888 Updated 

TLRY just completed the gap fill at 2.32 which I had posted about before hand. Now we can zoom out and look at the weekly chart which shows a massive falling wedge. Once this breaks out, say over $2.40, we can start to target $5-7

Jovan888 Updated 

The SPX is persistently displaying a strong bullish trend in the current wave. However, it has started to show initial signs of weakness and facing major resistance. There are bearish divergences on daily and volume is not increasing on the rally days. Key Levels: 4582 will be the key level for the week. Bullish Trajectory: If bulls hold above 4582 it can run to...

Jovan888 Updated 

Over 225 can start $40 leg up to 267 - has been consolidating here for several months. Can have large upsized move into 267 then 294. I am long BA since 204 to target 294. Raised stops to 210.

Jovan888

Aside from running together with NYSE:BABA which is on the verge of a large breakout shared in a prior idea, JD here is breaking out from this multi-month wedge with multiple gaps above. If above $42 there is room for a run towards gap fills 44.82 and 51.71 with the red line above being major resistance.

Jovan888

Rejected today at the trendline, continues to consolidate on the weekly. Once it breaks over $100 it should start a large move towards $157.83