Mausty

Mausty Updated 

MU selling off in the after hours, i'm expecting an emotional selloff after a big down day on all the indexes. Green box is the go zone, Fib and 50 MA support. I'm buying the dip.

Mausty

BA has fallen from the sky, looking for a safe landing spot. I have marked 2 possible zones where BA could get some relief. First zone (red) i see as weak support, possibly causing price to retest the .786 fib ($314) then back down. Second zone (green) i see as very strong support, which i expect a strong rebound to happen. Landing in the green box provides .618...

Mausty

TTWO is on very thin ice right now. TTWO has be under-preforming the other game stocks for the last few weeks. The breakout i previously predicted looks like a textbook blow-off top. There is not a lot of support below $100 and once that breaks i expect it to move quickly to the low $80s / high $70. Fib support (.5) and the 100 unit moving average await this...

Mausty Updated 

Here is a pitchfork of BA, as you can see BA is right at the top of the channel. I expect BA to struggle to move higher without a correction. The stock should test the median range of the pitchfork, which corresponds with the 100 unit moving average as a good area to bounce. Please note this is a long term trend.

Mausty Updated 

Good spot to pick up some TGT. Lots of support (100 EMA, cloud and previous resistance). Additionally, TGT will be on a red 9 on the TD indicator, so a good spot for a price flip (at least temporarily). I'll put an $83 to $85 target on this, with timetable of 4-8 weeks. Bonus bullevidence... upcoming golden cross of the 50/200 EMA on the weekly.

Mausty Updated 

ATVI is one of my favorite stocks. It's important to look at the big pictures when making an investment. Game stocks in general have been in a bull run for 5+ years, but historically ATVI is fairly valued with huge upside left. I expect ATVI to test the upper blue channel of the pitchfork in the future, which if that happened in the next few years would make for a...

Mausty Updated 

Amat has been on a tear since earning. I think we will see a small sell off as we approach the 9 sell on the daily, we should test the 100 EMA and then start the accent all while forming a nice clean handle that should lead to a breakout!

Mausty Updated 

Trade sets up nice. We are at a 8 on the daily, expect a test of the lower trend-line Mon/Tuesday. Earnings come out Tuesday after the bell, if positive it will be good convergence with the ascending triangle and time indicator.

Mausty

JNJ is currently forming a bear flag, which if confirms to the down side, projects to drop into the box (around $117.50). Lots of resistance overhead, all the moving averages and the .236 fib at 133. The more time JNJ spends below 133, the more likely it is to break down. Trade carefully

Mausty Updated 

TTWO has a very nice ascending triangle that is almost complete. Flirted with a breakout today, and could make one last dip down to retest the lower portion of the triangle. Moving averages continue to coil as well, which has been consistent with past breakouts. I really like how this is setup and would be long going into earnings. I expect to price to reach...