Here's an update on the Apple stock. This is showing that the Take profit was hit. I'm still bullish on Apple stock, just looking for a better place to re-enter a long position. For now, i'm on the sidelines, waiting for a possible pull back?!?!? Below is an image of my original analysis. April 16th
I'm aware that this post is late but just wanted to show you that my Take Profit was hit..... Waited a couple of days for netflix to pull back before I entered and entered a long position, which i held for a few days... Personally i think Netflix may continue to rise (in the long run), but for now im staying out and looking for a better point to re enter a long...
AT&T stock look likes it ready to make a huge move to the downside =. It appears to have shown several sell signals, informing that there is a lot of bearish pressure. I have analysis of several different time frames, like comment and follow. I'm open to all differing opinions, maybe you see something I don't, if so feel free to drop a comment !
Weekly Time Frame Price retested the former low on the weekly timeframe, and met resistance Price also respected the 61.8 fib level Price formend a shooting star/bearish hammer candlestick pattern Daily Time Frame -Thursday candle closed as an indecision candle (showing the possible rally was coming to an end. -Friday candlestick was a large bearish candle...
This is my first time taking a crack at the SP 500.... I think i may have came across an opportunity to enter a short.. Price appears to respect (at least somewhat) the 61.8 fib level, thanks to corona price has been in a sharp decline, and this rally just maybe (MAYBE, MAYBE) over, and sells shall continue. Price is also in a supply zone and has struggled to...
i'm not one to trade cryptocurrency, but i do analysis bitcoin from time to time, just to get a feel for it. I think i ma have found a possible sell opportunity. Bitcoin is looking like a sell to retest the previous high on the daily. and on the one hour, i see a descending triangle.... I wont be trading this but i will watch this closely to see how it plays...
this is just an update, after the market opening,.... check previous update for explanation
Price has been in an uptrend Price has retraced and respected the 38.2 fib creating a double bottom and possibly completing the right shoudler of a H&S Pattern price has also found support/respected the lower trend line........ Price also found support at the 20 MA average (NOT SHOWN ON HERE) This stock is overall bullish, but some negative light has been shed...
Clorox Company will be releaseing earnings in a few hours. As far as technicals, clorox has been in a decent uptrend price has respected the lower trend line It respected the fib level 38.2 fib From a fundamental view standpoint, one would think with the coronavirus pandemic going on they should blow earnings out of the water....
I should have set a buy order so that i would have entered on a better position. But netflix retraced and tested the previous which we were waiting on.... Check the 2 previous ideas. Now this should be a long swing trade for netflix.
NFLX seems to have found some support the 38.2 level, but i plan on staying on the side lines and wait for a further decline in price before i pull the trigger on long position, why? - i need price to pullback and test the previous high - with some states "re-opening" soon, i don't think their will be a significant increase in user subscriptions -the weekly...
Price has been moving in a strong downtrend. -PRice is struggling in a supply zone, that was once a demand zone - price also retested a previous low -it appears that a possible head and shoulders pattern will form -the right shoulder has not fully formed and it look like it wants to form a double top, before the big push to the downside.
price has created a bearish flag pattern, expecting a breakout and a continuation to the downside
-Expecting a bearish continuation for the swisse. -price has formed a double top pattern along with a symmetrical triangle. - on april 28, US Consumer Confidence news will be released and I am expecting negative results, which would help with the downward momentum -I've already entered a sell last week, if price move to the upside on the 27th, i'll look to enter...
Price made a double top, and never retested the neck line Price is now respecting the demand zone price also appears to be respecting the 50 fib level while the stock market has been looking rough, tech stocks are doing fairly well also to me, it appears that this stock kind of mirror microsoft ( i mean it would make sense if you ask me) and im really bullish on MSFT
in my previous analysis of GA, you would notice that i was bullish on it. I entered several positions, and was waiting for a pullback so that price could complete the inverted head and shoulder pattern, and i could enter with more entries. It appears that i was spot on lol
Monthly - a strong downtrend since April 2013 -price has made and consistently respected the parallel channel -there was a huge move to the downside the previous 2 months, and price has rallied the month of april -current price is respecting the 50 fib level with 9 days left in the month (could possibly end up closing at the 38 fib level Weekly -the...
This look like a nice bearish setup. Price broke structure, then rallied to test the previous low. Price did not make any higher lows, it meet resistance at the 50.0 fib level. A double top was created which is a bearish candlestick formation pattern. The previous daly candle look to have formed a bearish candlestick.