Shwayze

Shwayze Updated 

Twilio Stock has had a great run up to over $215. Two Insiders are selling stock over the last week, selling a combined 52,000 shares. The stock hit an all time high, and we might see some consolidation. We look at a couple technical indicators, specifically the RSI which is trending downwards, during this entire spike of the price. In fact, the price almost...

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Taking a look at the chart today, we see a strong bearish breakout on the daily chart. Since price has never broken previous high, we are still technically in a bearish trend, although we are close to breaking it. We have a short term GAP TRADE presenting itself, as well as strong resistance below. These are the areas we will watch for, and you can set short...

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NFLX breaks all time high, heading for Fib extension 1.618

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Bitcoin has broken some trendlines extended at the bottom support channel, and now we look for support levels. Multiple Fibonacci charts (3 because anarchy), blue has Fib levels still intact since the start to the highest point, and that is where we will reside for a while. Red is the short term Fib Retrace from the most recent dip to the high. We were unable...

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MSFT - 1D chart - FIB Retrace MSFT has bounced off the 61.8% Fib retracement and rocketed up from that position with a high volume. When we draw Fib Extension pattern, we are looking at a high of $208, which it is around right now, and may bounce back. If this continues past this point, we are able to continue to $229, which would be a good sell point, as...

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On 30 Minute chart, I am using mostly the 50 day MA (Green) and 400 day MA (Red), but also have the 5, 8, 13 for intraday etc. The 200 (purple), 100 (thin red line), and 30 (yellow) can be seen as well. I have started having fun with a 400 day MA on smaller time frames. When the 50 day crosses over the 400 on a 30 min Scale, I have make each with a price at...

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Buy zones for AAPL, stock currently bearish. Correction on Friday is about to be erased upon opening. All stocks are looking about -10% at opening. We can see 2 zones, marked with shorter term, and longer term 50% Fibonacci ratios, which matches previous resistance and new support levels. AAPL is a great stock, look for a good buy in target, and pick some...

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AAPL (Great stock to own) shows a close up chart of the 4hr timeline, its Relative Strength Index showing a clear bearish divergence. This indicator alone is not enough to spot reversals, but I did want to point it out.

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GDDY (short term - short. Long term - this stock is a keeper, Long) GoDaddy Stock has again came out with strong financials, pushing the stock higher and higher. However, during this weak and fearful economic time, I don't believe this is the time where we will rally north of the all time high. We are currently bouncing off a resistance level, and did not...

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GDDY hit around $82, near its preious all time high, and collapsed. Although financials are seemingly strong, indicators are not. The pullback was due to the Market itself having several negative days in a row, causing buyers to have concerns, as well as the news that GDDY is laying off 10% of its employees, despite strong financials. Currently, the stock is...

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APPL looks to be setting up for a short. Entire market spills today, but we could see short and small correction down to $310-$350, however overall trend continues until $390-$450 (previous upward trend had a retrace down to 50% fibonacci line).

Shwayze

On February 1 I charted GDDY bullish movement, topping out at the current pennant long term. That trade was closed, and now we look at the support levels previously drawn. We slightly adjust for the latest high, and we are looking at a potential pivot point at $67.20. If broken, the other levels are drawn out, but I believe it will be a tough resistance level. ...

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For now at least, we have found a pivot point for this SP500 ETF, at the 50% fib retrace level. Huge volume and a quick turnaround in price, we shall see how this one turns out. Compare Volume to late 2018, our targets for a bounce from this level are at 88% Fib extension level of $290, all time high of $312 (100%), and perhaps $372 at the 161.8% extension...

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Sharp decline of all stocks across this sector, AAPL selling off from $328 down to $256. As previously charted, we considered this a temporary sell off or profit taking, a smaller correction. Once price hit $256, it triggered quite a bit of purchases. Volume rose quickly on Friday, and the day ended at $273. Aftermarket saw some increase in price, current...

Shwayze Updated 

AAPL seems to want to drop an astounding 60% of the previous uptrend, down to the 61.8% Fib level at every major dowtrend. Since the stock last split in 2014, Apple has had 2 major retraces, (3 if you actually want to include this one, but I would not unless we go past 30%). Both of those were Bullish retraces, hitting the 61.8% line, all the way up and over the...

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Showing next levels of resistance, there were 2 active gap trades up, one at $168, and one at $174. We would expect the price to hit one of those levels based on that theory alone. However, earnings releases have been catipulting the stock price up, and the momentum did not slow down until the Dividend date. Payout of dividend, regular fears like Corona...

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GoDaddy - We have seen the Golden Cross on the Daily, the MA 50 moves over the MA 100, a sign of a bullish market again. This happened early January, so we expect a bullish return. This can be tested soon, as Crosses tend to have a second interaction after first crossover. Overall since 2017, we have a Bullish Symmetrical Pennant, which will be a continuation...

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SMPL looks great on paper. P/E is over 70, market cap is over 2B. Beat earnings estimates 3/4 quarters in 2019, and also 1st quarter 2020. Goldman Sachs just issued an upgrade, from Buy - to Buy with Conviction. Technical analysis, this is hitting a long term Fib level of 50% for the 3rd time, possible triple bottom formation. Very strong support at this...