Now we have to watch which support will hold until I see a new bullrun opportunity. Important today are the next big walls where we could probably bounce.
VXX is reaching an strong support soon, I suppose this could be a good entry for the bulls.
AAPL is reaching a really bad accepted price are. I expect a lot of buy power to step in, but with tight stop loss!
ZIOP is forming a cup and handle. Based on the volume profile it seems we could shot up to $2.50 again. But be careful,, if we break $1.90 it could drop lower. I suggest to set the stopp loss at $1.89.
Based on the history volume profile it seems under $5 would be a good entry to swing until $6.70. Further targets needs to be checked later and is right now not valuable.
BBIG had an big pump on friday. If we watch the last months of this stock, it had this five times already and then it came back heavily. I expect a similar pattern this time but I don´t think we will see the 2 again.
AMD looks like forming a new keylevel (2). We need to watch our trend line if we break them in the next weeks. If yes I expect to bounce back on keylevel 1, if not keylevel 2 is confirmed and I will do the next analyze to determine the next long position if possible.
The descending triangle was broken yesterday. It seems the volume could push the price even higher. I marked the levels where you should watch and may decrease the risk.
TAL offers a nice risk reward ratio currently. I am certain Bulls will take the opportunity in the next weeks. Gap fill possible over long term until $18, but with readjusted stop loss!
Check my previous analysis about BTCUSD. I assume we could hit the 51K and breath then again. Based on fibo.
TME seems to found his support. Godd time to slowly buy in. Watch the price action and buy step by step. I expect we can fill the gap over the bigger time frame.
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The last weeks it happend again, I saw some traders with less knowledge (young and old) who crashed their accounts very hard. They lost a lot of money and for some it was very dreadful! It is hard to watch this people how they burn money and bring even his own family in financial danger. That´s why I decided to share one important chapter from my book here to...
After a double elliot impuls wave I expect a correction wave soon. THe next levels could drop even harder, watch out for a possible double top pattern or similar bearish signals.
GM seem s to drop a bit more. Anyway, hitting the $49 will trigger a new bull opportunity. Yellow arrow should end the correction.
F is sitting on support and risk/reward looks pretty good. F is rated to reach $15.40 and I expect the price will se the $14 soon again.
Remember my old analysis (shorter time frame)? We hit almost our target, I don´t expect to climb higher before we breath again. ANyway consider to step out in the mentioned area or set your stop closer, who knows where this volume can ride us.
BAC seems to form a cup and handle. On the chart I mentioned the possible entry and exit zones, where I suggest. Stop loss I would hold tight $39.75 and the risk/reward seems to be very good for now.