Broke out of the 'Ascending Triangle' targeting a push to $249.00. Still has room to run
Bounced off the wedge support + key $132.17 level last week. Watching for a break above $140.92 to target $141.87, to than target the all-time high supply zone @ $148.90 I don't expect NASDAQ:NVDA to break rising wedge support anytime soon.
Today Tesla formed a wedge resistance with a support @ $348.23. Tesla can break the wedge resistance and head to $354.32 - $358.46 or... It can sell down and break the support and fill gap @ $345.55.
AMD bounced off weekly wedge support and is nearing November's wedge resistance. Looking for a break above the resistance to target $148.63 - $151.39.
Today NASDAQ:COST broke out of its ascending triangle, I personally bought swings. I expect a continuation targeting the $992.64.
Shopify has been consolidating post-earnings, now it has formed a descending triangle. Watching for a breakout above resistance to target $113.57–$116.25 Or a breakdown below 'demand zone' to target $109.02–$107.18 (gap fill).
Netflix has been a stronger mover, watching for breakout above the $903.65 strong sell price to target $907.95+ (ATH). If we start to see weakness I'd like to look for a short below wedge support & the $892 demand zone to target $884.11 - $874.52.
With bitcoin’s recent all time high attempt Coinbase and the blockchain sector saw a strong rally followed by a strong reject, in that time NASDAQ:COIN saw a reject from its wedge resistance than reported earnings all leading to a strong rejection. Now I’ll be watching for 2 scenarios which is likely to play out within the next few weeks rather than days...
$ES_F (Emini futures) recently broke a strong bullish wedge support selling extremely strong, since then it’s been holding the 23.6% retracement, now there are 2 scenarios that i’ll be watching the ideal scenario would be a continuation of the breakdown to fill gap which is a target of $5,639.50 and potentially continue lower. The bullish scenario would be to hold...
Walmart has been insanely bullish these last few months following its double beat on recent earnings, now the price action has sort of slowed and has been ranging bullish but is starting to form a rising wedge pattern. I want to keep NYSE:WMT on watch for a breakdown before its earnings report on November 19th. If we can break below the $81.54 to hit the 50%...
Falling wedge could indicate a strong trend reversal after the strong close on Wednesday. If we can get a breakout above the wedge resistance it is possible we see a push to $158.35 - $161.34
Google has formed a falling wedge pattern which indicates a trend reversal is on the way, keep an eye out for its wedge resistance breakout to target $166.30 - $168.66+ If Google ever heads below the $162.77 it may continue its bearish trend to $160.29
We are now 10 days till earnings and AAPL has formed a strong supply zone at its all time high area. It is possible that we may see a significant move before their earnings report. The question is where. This setup looks like an ascending triangle, it is possible we see a break above the all time high for a move previous to earnings. In the case we break wedge...
Over these next few trading days I will keep my eyes focused on these Palintir levels as we get closer to a potential retest from Octobers supply zone where we may see a break above to attempt a new all time high. While an all time high attempt sounds great there is also the possibility that Palintir will see a rejection from supply a zone or even a potential...
Invesco QQQ Trust, has been ranging in between this symmetrical triangle pattern. It looks ready for a breakout move to the top side although it is good to watch both sides for the move. Scenario 1: If we breakout the resistance side (Which we've had trouble all day today (opex volatility)) we may see the target $498.43 resistance hit sometime next...
After bouncing off demand zone, Boeing NYSE:BA has now reached its wedge resistance where it has been trending down for the past few months. I am now looking for a break above this wedge resistance aimed at $154.98 to reach a target of $161.27. The $146 demand zone has seen a strong hold since the beginning of October. Before that NYSE:BA has been trailing...
Symmetrical Triangle - Possible Bullish Pattern This can run up to highs of 59.12+ Short Term Scalp Calls (Options for best gains) Would be amazing.
WISH - Stock soon to blast to 15+ Ascending Triangle one of three Triangle Patterns - Bullish Once the breakout occurs we will see some large buys going in. There are many well known investors entering Await the breakout for a confirmation. NASDAQ:WISH