Master_of_Fine_Charts

Master_of_Fine_Charts

Since bottoming on June 16 QQQ has made higher lows and higher highs showing a clear uptrend as the 9 and 20 EMAs both crossed the 50 MA. The price recently closed above the 50 MA at 315.46 for the first time since March. This level has acted as both support and resistance several times since 2020. The D+ crossing D- and the ADX curling up are all very...

Master_of_Fine_Charts

Since bottoming at $68.5 in May SBUX has made a series of higher lows and most recently a higher high. The ADX is confirming the uptrend since June when the D+ crossed D-. The OBV is also confirming the trend. The most recent candle broke out of the weekly and daily descending trend lines and closed above the .618 Fibonacci level. Short term and long term...

Master_of_Fine_Charts

Most recent candle broke outside of the wedge with relatively high volume and closed above the 200 MA for the first time since March. Price also closed above the .78 fib level. The ADX is displaying a strong trend and DI+ rising is bullish. Targets: 2.45, 2.60, 2.92 (possible resistance)

Master_of_Fine_Charts

We see higher lows since March and the ADX at 26 indicates the start of a strong trend. The Force Index curling up shows building momentum. Price tested the .38 fibonacci level and closed just under the descending weekly trend line closing as a bullish pin bar. In addition the 20 EMA is crossing the 200 MA and the 50 MA is rising and will likely form a "...

Master_of_Fine_Charts

After gapping down on July 11 we see a steady down trend. Price recently closed under the (weekly) trend line and the .23 Fibonacci level. On balance volume confirms the down trend, as does the Force Index. I am looking for a bounce off the 0 fib level or $94 which has acted as support on the monthly time frame. I will consider adding to a long term position...

Master_of_Fine_Charts

Price recently bounced off 1680 that has acted as a long term support level several times since 2021 and closed just under the .23 fib level. As the MACD crosses and the 3 day Force index begins to rise I would like to see a close above the .23 fib level to confirm a reversal. In the short termI anticipate a move to 1758, followed by a rise up the Fibonacci...

Master_of_Fine_Charts

Price tested the descending (weekly) trend line and nearly tested the .78 fib level on above average volume. The Force index and MACD are both rising. Ideally this will break 20.01 with significant volume. Target 22.38 after a confirmed break out.

Master_of_Fine_Charts

The 9ema crossed the the 20 ema and the most recent candle managed to close above the .23 fib level and also the 50 MA. The MACD and the Force Index are also rising. I would like to see the price hold the 50MA/.23 fib to establish support at that level and break out of its wedge. Target: 4.52

Master_of_Fine_Charts Updated 

MACD and the Force Index recently crossed and the most recent candle tested the .5 fib level and the descending trend line only to close just under both. In addition 50% of shares traded in the last 12 months have traded in the 6.94- 7.79/ share with the most at 7.47. I would like to see a close over 7.28 to initiate a long swing trade. Targeting: 7.50, 7.84, 8.25

Master_of_Fine_Charts

Price has tested the up trend several times in the last week and closed at the POC (point of control), the level at which the greatest volume of shares has traded in the last 12 months. The most recent close also tested the .23 fib level. The Force Index turned positive and the MACD appears to be inching up preparing for a cross. I want to see the price close...

Master_of_Fine_Charts

ADX at 32 indicates a strong trend. Price closed above the 1.61 fib level and the weekly descending trend line. In addition the 9 ema is above the 20 ema and the 50MA is curling up nicely. Both long term and short term force index are rising. First target 16.12

Master_of_Fine_Charts

I like the recent MACD cross and close on the .61 fib level. Also the most recent candle although red is a bullish hammer that closed outside of the wedge. Targeting: 1.50 , 1.82, 2.03

Master_of_Fine_Charts

Price closed at the upper end of its 3 month trading range after making a double bottom. The most recent close tested the descending trend line and closed above the 1 fibonacci level. ADX is sloping up and the Force Index 3, 13 are both positive. Watching for price to hold above 1.94 and close outside of the descending (weekly) trend line for a long swing...

Master_of_Fine_Charts

Recently (6/25) we saw the price test 2.58 which was last year's high before making a 5x run. Since testing that level we have seen 6 consecutive green days and a close above the .5 fib level, with above average volume. In addition price closed above the weekly uptrend line. This appears to be setting up for a potentially massive continuation rally which is...

Master_of_Fine_Charts

Double bottom at .95 after testing the .23 fibonacci level. MACD recently crossed and both short term and long term Force Index have turned positive. Rising on balance volume may indicate institutional buying at these relatively low levels. Short term target 1.37. 1.63, 1.84 likely longer term targets

Master_of_Fine_Charts

Price is currently at the level of the first post Covid crash high and is just bellow the 3.61 fib level. OBV is confirming the short term uptrend and both the slow and fast Force index are showing that the bulls are currently in control. The MACD crossing and the slight gap up to open for the most recent daily candle are both bullish. This week's price action...

Master_of_Fine_Charts

Possible Cup & Handle on the weekly chart as the price sits at a significant level (2011 closing high) that may act as support. I would like to see the price close above the trend line (monthly) and also the .23 fib which is in close proximity. Gold will benefit as bear market rallies in stocks continue to fade to lower levels.

Master_of_Fine_Charts

Fundamentally I like the space. Therapy online makes a lot of sense, also coming out of a pandemic and these odd times I can see more people in need of therapy. Also I have heard talk of this being am acquisition target. Technically we see some major volume spikes in recent weeks and price making higher lows since bottoming in late May. The price also broke out...