Bullish on AAPL. with inflation fears behind us (until the next fed meeting) and with us pushing into ER, I am bullish on AAPL in this ascending triangle. looking for positions close to the money with 30DTE. I think we will consolidate or test lower before running up completely, and if so I will scale into position of ATM or close to money Calls.
add to watchlist...wait for break with strong volume (higher than average)
$700-720 $656 & $600 Once again we have been rejected at that 720-700 range. The two price points 656 600 as seen on the chart serve as two tested support levels at which TSLA can bounce off of for a quick move up. *the thing to watch for* C O N F I R M I N G the direction... as we can see TSLA has previously dipped down below that green zone and entered the...
AMD is coming to a strong support at the 74 price zone. I have bullish expectations with strong confirmation of holding that zone and bouncing back up, first small target would be 78 price zone and from there if we can break with good vol. we may see bigger price movement up in that green zone.
keeping this short...as NQ reaches for ATH the chance at a double top seems to be present...
HD above 285.50 area with a strong break and we could be testing next strong support @ 290 range.
KO. Diet KO, reg KO, KO zero, I think they even have a hard seltzer. They are still about $10 away from prepandemic Highs and, best of all they pay D I V I D E N D S. adding it to my Long Term account in the form of shares.
We all know that tomorrow is a QWD (Quad Witching Day) which defined by investopeida is "refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the...
Since the last ER AAPL has come back down to the 120s price range. Although it was not alone in its share price correction as we've seen overall market come down as well in February. Although I hold a long term bullish stance on AAPL, looking at the short term daily chart I see that we have crossed under the 100 EMA on the daily chart, are still making lower lows...
Tech sector is showing some strength, and if it can hold I really like AMD at this level. **** If AMD can break into/above that black line and we have tech strength behind us in the NQ I like AMD for a move to a conservative 86 PT
At the time of this writing Tech seems to be finding some strength as YM is having a bit of a cool down. My origial PT on NVDA has been fully reached for the move planned. ideally i'd like to see it hold the level it's at, but if we have some good strength behind tech I can see this hitting 535 level (green line) inside of 2 weeks. I'm not touching tech for now...
Bullish above 243.50 area... PT green zone Bearish below 232.75 area. PT red zone *price areas are approximations. I've seen discrepancies from trading platforms so list "areas" instead.
Bullish on this above 254.50 area with a first PT around the 260.50 area
What I am watching for on Monday is how the green and black lines (13002, and 13070 areas respectively) are tested *quite possibly the upper red line as well*. I am short term (as in day(s)) bullish, in that I expect NQ to at least touch that green area. looking forward I won't speculate too much but will be watching the levels to see if we can find...
HD is currently at a strong R/S zone. If HD can hold/break above the $269 area price, we could be looking at a $275 PT. Things to look for other than confirming the support/resistance area: *in no specific order* 1) breaking levels with above average volume 2) overall market index strength 3) It's currently testing the 100 EMA as well which makes watching how...
I'm a bias bull...but this daily chart looks gross.
NQ was in a spot last night that was showing hope for breaking the lower high trends...unfortunately for the bulls it got rejected from that top red line. This small channel we are currently in is now important because if we touch the bottom (3rd red line down) it would be a 100% retracement from a big move we saw yesterday, and upon breaking that 3rd line we...
Context: We've have a couple of decent days since the support test @ 12300 area. There's been many things going on with treasury bonds, stimulus (which should be signed today), etc. IMO we are still within the current downtrending channel but showing some signs of hope as we approach some key areas. in no specific order: 1) 21 EMA on the 1D chart is being...