Short term pull back: Technicals -Having a hard time finding momentum to newer highs - Buyers located around $97 might stop at $115 -Gap fill available -Buy the rumor; Sell the News....always Opinionmentals: -DJI going through a healthy correction overall -Over-valued in general -Competitors slowly eating away at market share (Lulu lemon/adidas/underArmor.......
If they were going to send it lower they would have already. H&S Seller trap. Trapping puts..... The market is filled with snakes and we are the mice.
If they were going to send it lower they would have done it already. Head & Shoulder Seller trap, only looking to go long. Great Company. Great Fundamentals. Great Leadership. Great products (regardless of competition). Good Growth and Value stock. Only looking for long opportunities. -Best of Luck
Still looking at long opportunities .Great company. Great fundamentals. Great products. Great leadership. will continue to look for long opportunities. - Best of luck, everyone
Primary Thought: Great company. Great fundamentals. Go long after obvious manipulation correction. look for Long opportunities mostly, shorts not ideal at the moment because of high volume/protected accumulation zones. Secondary Thought: I would love AMD to drop to $55 !!!!!! please do! Tertiary Thought: Watch S&P and other index for overall market correction.
Primary idea: Watch for the reversal. High volume.Well protected by buyers. Secondary: Watch S&P in general for correction. lowering tides sinks all shits!! -Good luck all
Retesting the Daily resistance on a M structure. Would like to see a strong rejection here. Keep watch on shooting wicks. Although, fundamentals don't correlate very well. --------------------------------------------------- Not financial advise. Trade at your own risk.
Break of the confirmed long term trend line; watching the retest and chop of the level. 50-EMA acting as support on the Daily, break below which would give strong confirmation of continued downtrend. Overall the stock has bearish fundamentals and bearish momentum. I would not look for a reversal and push upwards. At best ZM might trade side-ways at this level....