Love the $75 Support and Accumulation phase currently in action! LET'S GOOOOO!!!!! BULLISH!!!
We should continue lower to about 151 and some change and have a retest into about 165-170 -- Looking for a bearish play and roll over!
NET - Fundamentals look terrible, Candlesticks and price action is all leading BEARISH. I will look to buy long term puts (LEAPS) if we retest into the red box.
We seem to be in a wave 4 right now, two gaps yet to be filled, and will most likely find rejection and continue lower
New bearish swing trade on KR - This is a MOMO play, looking for a retest of the double top neckline
the Similarities of these two charts is insane.... Will we continue higher or will we fall lower here? What are your thoughts? I believe we will turn bearish again and retest these lows again....
Beautiful breakout and 0.618 Retracement of this Wedge! Bouncing off the 100 on the 4hr chart, lets push Higher!!
This is my thoughts on SPY, Trend looks amazing after that gap on the Monthly chart. BE LONG!!!
Will Mr. Squiggles put in some work here and hopefully see a bullish run on GOLD ?? The million dollar question ???
This is my overall thoughts on the SPY . I am bullish Long term. This bar pattern was taken from 2010 after the massive rally Post 2008 GFC. To me this makes the most sense! If we start to close BELOW the 200SMA on then I would be a little more bearish , and if this were to happen I expect it to happen in August. Until then, BE BULLISH!
Which way will we break on this glosious pennant pattern, will we break bullish or bearish. I am long on JNUG Calls currently. This could be a very interesting short term play bullish or bearish.
XRPUSD has been squeezing through this wedge for a while now, creating Higher lows and lower highs and creating somewhat of an inverted head and shoulders pattern along with a nice Double Bottom pattern. It's a no brainer for me. This time last year we seen Ripple do the same thing and break out of a triangle pattern in a BIG WAY! I am definitely going long here...
How to read this chart: 3 Fibs Orange Fib: Short term daily measuring the ABC wave structure Blue Fib: Medium term daily measuring the last wave 4-5 retracments Red Fib: Long Term daily structure measuring the full 1-5 wave structure Personally I am looking to short this retest of the neckline of the double top on the daily (Orange 0.618 retracement) and look...
I have taken this chart pattern previous from the lead up to the "correction" we had back in February. We are now back at all time highs again, and all the newbies are most likely going to jump into the market because apparently we are in a "confirmed bullish market". People, be cautious. From my experience, when analysts are stating the "certainty" of the market...
This 0.618 level matches exactly with the 0.382 level of the previous lower highs. look for a bearish trade at the 1184 level
AMAT in a nice distribution phase. Buy low sell high. Stop below the 100SMA on the weekly, looks delicious. One could also look to Sell some put options down here or buy call options 3+ months should be fine on this one.
JD is at a perfect buying location for a move higher for the longer term I will be buying 6 month Call options on this stock at this entry level.
TNDM showing Bearish divergence on the Daily, It needs a pull back since the stock has rose +1100% since February!! I am buying put options expiring August. Holding Over earnings!!