ANET has filled the retrace target and brown the down trend wedge. Good bullish action today so a full ER gap fill is possible.
Watching SHAK for a potential break of the daily resistance level. Solid break could find a full fill of the ER gap.
SDC announced this week it plans to sell dental products directly to dentists and the stock has bounced back from its IPO. SDC now getting squeezed into a pennant, watch for an upside break.
BYND getting squeezed into a pennant, watch for another break.
Potential bottom forming for DIS as the sell off continues to slow. 1st and 2nd support in blue. Subscriptions to Disney Plus continue to grow and the new streaming service is a huge source of rev for the company. Disney now offers the "Disney bundle" which includes Hulu and ESPN+. In November, Hulu app downloads were up 55% and ESPN+ app downloads up 50%. ESPN+...
Current price area has been an area of resistance for INTEL in the past so we might see some support here. MA's returning to bullish side.
HIG broke the wedge and the .318 fib retrace with some bullish action last week. Target at previous high.
GLUU looking bullish. Good break of resistance in up channel after recent sell off. Watch for another climb upward.
Watch for break of previous high for a climb to $50.
Bullish momentum returning to AMKR. Price Target at previous high into earnings.
Look for BLL to fill the ER Gap, nice bottom formed after sell-off.
Nice bounce of the bottom in the up-channel for ED. Higher low indicating another bullish move. Bulls have recaptured momentum on the hourly and 2hr but its still too early to confirm bullish divergence on the daily. A cross of the 7SMA and 14SMA would indicate safer entry point. Target at 1 Fib Extension.
First bullish break on descending wedge (yellow) since IPO which was followed by a higher low. SAR and MA's indicating momentum has returned to the bulls. Double bottom on the Stoch, good indicator of a new move upward. A higher run similar to the last one would result in some great short term profit.
Bullish divergence coming into play today and PTON finally broke resistance. Keep an eye on EOD close for confirmation of breakout.
Major support at end of sell off for INCY. Hourly chart making higher highs and higher lows and slowly regaining momentum which could indicate the early signs of a reversal. Watching break of previous hourly high for entry to long position.