Since Sept 10 Daily EMA8 went under Daily EMA20, we have been waiting for the confirmation for the same to take place on Weekly chart. Gap down this morning is not a surprise at all. AMEX:SPY
SPY bounce off major Daily Moving Average on Friday. Is it a case of a fake bounce ? Expecting a Wild Swing on Monday : 3 points in either direction at Open ?
We made $$ trading calls on Feb14 following ER Beat and resulting Momentum. NExt week should be very interesting. Ready for gap fill below to Roar to $300 + NASDAQ:NVDA
The Stock is a bit Overbought since Thursday 1/31 Post Earnings. Could not sustain the initial Spike above 2100. Could not hold above 2085 in pre-market Friday Close with weak action just above 2000.. More downside to come next week ?
Last time JD traded above 41 back in June 2018, it went to $45 before coming back to Earth. bis Repetita ? RSI is running hot on daily chart above 79. On High Alert Watch in next 3 days.
They were both heavily at $0.20 then more were just bought for $0.13 Someone knows something and is super bullish about this..
Breakout above 68 May Have Legs to run above 70 in next couple of weeks
WDC is breaking out after confirmation above 18 month resistance. Bullish to 70 ?
Why i think that WDC by be retracing to EMA20 in the next couple of weeks Daily RSI is 80.47 ==> overbought condition