I would take this risk/reward short setup every day of the week, and twice on Thursdays. Always with a stop loss. Not financial advice.
My entry and profit targets on ServiceNow. I can do these short setups all day. Longs too, but I have a special fondness for pulling off shorts in a crazy bull market. Not financial advice.
As a swing trader, I wanted to give a representation of my entire thought process on this chart without using words. For those of you who know price action, then you know the reason for each point of interest. Words aren't necessary.
Neubase is entering my buy zone at the moment. I don't expect to reach all of those profit targets, but the top is technically a huge gap fill, so I had to include it. I'll take around 10% at each PT. Once my 1st PT is hit, I'll move my stop loss up to my entry. Not fincancial advice, just my trade plan.
Levels of support and resistance for American Airlines. Hoping they push to fill my last short orders at the gap. Will take short profits at the green levels of support. Not financial advice, just my trade plan.
Just for the meme. Doodling a possible price action scenario on a short here. Definitely NOT financial advice. :) Disclaimer: Price action is nearly impossible to predict accurately, bounce for bounce. But, I'll check back in 6 months to see how this plays out. Probably waaaaaaaay off. Haha, I might even get stopped out of my short!
Kinnate Biopharma is holding support for a possible move up here. Stop loss is important. Not financial advice.
Nice basing resulting in a classic Adam and Eve pattern. Fundamentals aside, this looks like accumulation for a bounce. Use a stop loss. Not financial advice.
PRPL just did a gap fill after losing key support. Nice short setup. Not financial advice.
It bottomed at a proper level and I'm buying the retest. Stop loss here is a must. Not financial advice.
Bitcoin is now in a downtrend. Here are some key levels of support and resistance to take longs and shorts accordingly. Use stop losses. Not financial advice.
This is a pretty obvious short. I expect a retrace before continuation up.
PHX Minerals found support, gained a level, and is currently retesting support gained.
Price is heading towards heavy support.
Testing highs after losing key level of support.
Lost a key level of support and is retesting highs.
Holding a key level of support and consolidating nicely for a bounce.
Qualcomm consolidating at levels of support. Gap fill could be incoming.