Never seen anything like this. Looks like a bullish 🚀 wedge forming and going to land around 900 mark early January
Strong resistance rejected 7x however its forming a ascending triangle bullish and a rising wedge further out which would be bearish. We are in the almighty bubble of all the time. All the Btfd’s are going to not get a bid. The rising wedge comes to a breaking point end of this month I’m expecting major down move. So many bankruptcies on the horizon. The federal...
W with cup n handle two very strong bullish patterns. Let’s make new highs ☝️ time
Nice to own equity with 10% plus yield. Confirmation outside candle break of resistance looking to breakout bought before close.
Broke below support on descending triangle very bearish
I went to pick my boat up at marina from service yesterday. I had conversation with owner somehow he started talking about Tesla and how he just sold a few houses because market was so hot took proceeds and bought more tesla. I asked him if he like Elon he said who’s that? 😂 he said I don’t give a f%^# that stock just goes up 🤦♂️. Tesla looks very bullish again...
FedEx holding strong momentum and Support lines. One of my best core positons still going strong
Penn and casino stocks have been incredible Candle confirmation close below second support now resistance yesterday. Bought puts before the close and looks like going to retrace down to reality.
More distinct pattern on NQ cup n handle ascending triangle inverse head and shoulders. This has broken out and can make new all time highs. Confirmation candle yesterday above previous resistance now support.
Ascending triangle and inverted head n shoulder with cup and handle all supper bullish formations on the qqq. Lots of uncertainty going on fundamentals are very bearish however with more stimulus and 0 rates can push this to break out above resistance and make all time highs. I’m holding a some puts however watching closely for a close/breakout above resistance...
Back in puts bye bye baby back under 40wma With abandon baby bearish doji
We broke second level resistance with a retest then confirmation break of that previous resistance now current support. I’m currently long qqq as long as 40 wma d holds as support using as stop. Good luck
Nice break of double resistance and downtrend line. Big gap 259.30 to be filled
Closed short qqq today taking wait and see approach. Had inside candle with outside outside last three days. Reversal candle today on the daily hanging man like the top reversal candle on this swing down. I’ve noticed candles haven’t mattered much since March. I closed out short neutral for now. Confirmed break of resistance 10 ma took a small profit.
Broke resistance outside candle. Might just be a fake out but not getting trapped take a small loss.
Big gap in 19s will close short at 20. Back test failed confirmed break should drop fast
272.67 10 Ma daily currently hugging red Line. If we get a candle break above tomorrow I will close short position and wait to see if candle confirmation the following day to resume short or start long position. I feel like we will get a overshoot to trap bulls and resume down but feelings cost money I always stick to what the chart is telling me
Spaceship coming back down to earth. Made this call at 57 first target 45. Who even uses ebay anymore? Pandemic trade over