TheBullandBearLounge

TheBullandBearLounge

I am currently watching this flag on MSFT, 1hr candle closing above 433 would be a confirmation, with retest of the channel high as target

TheBullandBearLounge Updated 

Weekly TF show a massive trendline from ATH, Price attempted to break once, which failed, but also formed a new Lower Low (good support) $235 was a very strong resistance, which we broke last week, and successfully retested on Friday. This would be a good SL if entered long.

TheBullandBearLounge Updated 

Same idea as AVGO, Nice flag set up and we broke above it on Friday, Now i will use that level as my entry, with targets at 488 (big gap)

TheBullandBearLounge Updated 

This name is an absolute monster, Another trendline break and above Fridays high at 907.92 can retest ATH at 923.22 It has ER this week, so can be a risky

TheBullandBearLounge

Plain and simple, we broke above the trendline, price tried retesting it a few times but failed, since it tested to 200 EMA, price has been very strong, and we are again at the failed price point. Above 172.30 we can quickly see 184.80

TheBullandBearLounge

Beautiful consolidation on LMT, Today's volume highest of the week, could be getting ready for a move towards 500

TheBullandBearLounge

#SHOP is at a pivot level were a trendline is meeting with some resistance, I can see price revisiting highs if we break above this level

TheBullandBearLounge

I have been watching this consolidation below support on ABNB. $150 has been a very strong resistance, which indicates that once it breaks with volume we could see a big move towards the upside.

TheBullandBearLounge

Beautiful bullflag breaking on the hourly and higher time frames, Targeting previous highs

TheBullandBearLounge Updated 

Pretty clean chart! Broke out from the pennant, consolidated, now its time to expansion higher? Watch $1100 level break for a possible move towards $1300 No break, No trade.

TheBullandBearLounge

After riding this uptrend (channel) Price finally broke below it. There is a lot of downside possibility until we retest lows.

TheBullandBearLounge Updated 

If price break to news highs, could see a quick move towards $350 (at least) Very defined Support as well, if price comes back down to support and rejects, could be also a trade idea. Adding alerts both at support and resistance

TheBullandBearLounge Updated 

Eyes on this one. Broke above 230 which was a strong resistance (we caught this one) Now price can come back to retest it, and it is forming a nice flag If 230 retests and holds, we can try to go long there with a tight stop loss at 229, or we can just wait for the break of the flag/pennant. This is my favorite setup currently.

TheBullandBearLounge Updated 

Bouncing nicely from support/previous resistance I like an entry above 140.50 Which will be a break of the trendline. Target at 144. A break below support at 138 could give a setup to the downside targeting previous support at 133.50

TheBullandBearLounge Updated 

(Daily) Beautiful bearflag. Being in the daily Time frame, i will probably wait until wednesday to see what happens, but a rejection off this bottom trendline, could play long (with time, maybe Octover calls) and try to ride it to the top of the channel, Downside comes if the flag breaks down, targeting 13.40

TheBullandBearLounge

Still waiting for a break above 132/133 Nice squeeze on top waiting for a power move. Market cooperates, 135 is target to the upsise Market weakens, we can try to catch a move towards 127

TheBullandBearLounge

Nice consolidation on GOOGL. Having a hard time to break above 120 and have good support at 100. A break above or below those levels could trigger a great move either direction

TheBullandBearLounge Updated 

We are almost at the trendline from April, this is make it or break it. If we manage to break above the trendline, we might start seeing some signs of a bottom, just gotta be careful with any fake breakouts. But a hard rejections of this trendline, could send us to new lows. Stay nimble