Square is in the middle of the range heading into earnings this week - I do not like playing ranges. Rather, I'd much rather wait for a potential buy-zone. Alerts set for a pick-up.
Draftkings could start bouncing right now but I am not a fan of the middle of the range. I'd rather see if it can drop lower to the buy-zone labeled on my chart in the future.
Roku looks to be turning lower on the higher-timeframes but there could be an shorter-term bounce here. Risky trade due to the bearish higher-timeframe. Buy-zone labeled.
I believe Tesla is turning down for now. I wouldn't short/sell at these levels, however. I'd rather buy and long when it gets to strong technical levels. Buy-zones labeled.
Alibaba looks weak for now - I expect lower. A lookout and alert should be set within my buy-levels labeled within my chart. This is a great company in the future to own.
There are potential two buy-zones for Nvidia - I expect Nvidia to continue to trend higher in the future. There will be some chop heading into this month in my opinion.
Like my other sentiment, I do think Advanced Micro Devices should be turning lower. It ticked into my algo-sell zone. Watch dotted line trendline support. Buy zones labeled.
Apple ticked into my sell zone - possible highs are in for now. I do expect lower for now, especially if we can't get over the recent high that we just put in. Buy-zones labeled.
Twitter lost on its earnings and it's a pretty impulsive structure towards the downside. I think we have a bit lower to go - but these areas are getting interesting for a buy.
If Exxon Mobil misses their earnings, I'll jump into this one on a dip. Setting up decently for major future upside from a technical standpoint based on wave counts.
There may be two scenarios here - either the start of a new impulsive structure or a corrective sequence after one more leg higher on the intraday levels.
Palantir could be nesting a 1-2; 1-2 formation currently. Risk-to-reward around these levels favor the bulls. Turning into a higher probability trade.
Spirit Airlines looks like it wants to turn up after a short-term dip. Any dip within the buy-zone is a higher probability buy and could see 52- week highs.
Lyft looks like it's in a wave IV leg within a larger degree wave 1 in red. I see LYFT going higher in the future - expect some choppiness currently. It could correct deeper.
SPY could be in its last 5th wave leg. A potential day-trade / swing trade is currently developing with a new intraday impulse forming. Targeting 4% - 5% upside.
General Electric could be nesting a 1-2; 1-2 within the last red 5th wave here before a healthy correction. Until then, this looks like a buy position for me.
Nike with a strict stop-loss makes sense as a buy position currently. Invalidation would be the last intraday low it established. Potential larger degree wave 5 underway.
Facebook could be turning up. High confluence zone for a potential inside wave IV area. Targeting algo bank ratios for a take-profit level.