Technically all indicators including daily candlesticks are too bearish suggesting extending and further declines even if there is bounce on Monday or Tuesday it will still looks bearish unless its close above 280 then may be we can see some bullish signals specially if there is big volume on coming sessions. also some headlines related to Stimulus which can push...
Bullish setup formed by 3 red daily candles closing at same price . this pattern can lead to significant price change and RSI signal positively .. bullish long more likely with stoploss at 1.25 (not far away) risk reward (-20% vs +100%). to be watched closely!!
Entry for bullish move to break out 69 again ( todays high) targeting lifted gap between 95-100 with stoploss at 59.. risk reward (-10% vs +50%)
Mixed signal on daily chart but weekly candle is bullish with big volume expecting to continue moving up targeting 13.66 then we can see if the bullish move supported with other good volume to continue targeting 18 then 26 almost double current level . from other view we can see rejection from 13.66 will open door to sharp correction to 6-5 or even 2.66 where...
Almost large double bottoms at 6 and followed by bullish power candle. Still indicators showing more room for upside move targeting 7.74 then 8.5 which around 10-20% of current level. looking bullish for long term too. could go back test the broken trend then moves up again .
Up 42% on Friday 18SEP . its been rejected from 10-11 levels many times. may be this time is difference!! . looking that bullish move can be extended to 13-14 then more likely to pullback to 6.5 again . high volatility stock its jumped from 1.5 to 10 in just 3 months!! so many ways to trade this stock
As expected $AAPL Corrected from 137.9 to 106.84 during only 3 weeks dropped by 31$ around 22% (120$ before split) . Now expecting bounce from 100-96-90 to level of 50% fib near 113.8 which is main pivot point currently. if can close above it then new bull wave but if rejected then we can expect deep down goals near 78-75 (250-260 before split) . short-term...
$IBM was on very ugly consolidation after March low . its even did not join the party of Tech stocks and formed 4 lower highs with 3 higher lows . all scenarios are possible. it could target 144 and 106 on coming days but indicators showing negativity which suggests more down trend targeting 106 or even march lows.
Indicators RSI and MFI corrected from overbought status but showing negative signals too. $MSFT stock tried to go back above red trend line on Friday but failed to close above it. Closed with bearish candlestick . The favorite idea is to bounce to 212-217 then rejected targeting 191.5 . if market is weak then possible to catch 180.3 and even 166 which are major...
Same as other Tech stocks dropped hardly from ATH and still showing negativity which suggests to short any coming bounce or when small time frame 30-60 min indicators became overbought . It considered as healthy correction targeting 1289 so can build up a new long positions . stoploss for bearish scenario is to close above 1670 otherwise it will stay one down...
Closed with bullish candle on Friday with little higher volume. Earning expected to be at 28th Sep which will gives better view for semi-conductor business . its worth to watch $NVDA $AMD $INTC response after $MU earnings .. the stock been upgraded several times to area of 60s but stocks prices didn't act like others. MU likes to play alone . if earning so bad its...
Stock market will be more likely to consolidate during coming weeks and Strangle options combo for $SPX will be rewarded with good profit after closing with doji candle on daily time frame . all ideas are possible and could start new wave targeting 3600 or either 3080 from current close . if we can see prices for these strangle are still in good shape and can be...
Stoploss for shorts at 92.5 . $PTON closed at 84. RSI signals for more down trend and MFI suggest correction will be intact to area between 50-62% fibo near by 50s
Prior to next earning report $SNAP showed positive move on Friday targeting ATH at 26.76 if break it out then will be targeting area between 29-30 before or after earning report. RSI and MFI are about to confirm the signal. to be watched on Monday closely. stoploss for current bullish move between 20-21
Overbought indicators RSI -MFI with negative divergence, same what happened before previous crash.. Current 339.48 with target of correction by 10% will lead to 303-300 its matter of time before we can see drop with 10-15$ on single day.. old trend lines heading to same region between 312-322 with target of 318 by end of Sep or 1st week of Oct . Normally small top...
Currently at 79.33 Short-term selling signal triggered by RSI and drop for other indicators . forming large potential bullish pattern subjected to bounce from 51-52 to target new all time high above previous top .. short for short-term long for long-term