Earnings and guidance was terrible, this all comes after a investor / analysts day where the story was much different. We have outlined 2 potential reversal zones for the stock which has seen some huge drops previously and recovered, whether it can do so now without "political" influence only time will tell.
What a move this morning in European trading and up 17% pre-market in the USA. I have slightly revised my old chart to include some more important pivots for which can be traded between in the coming hours days.
Perfect breakout underway in SWKS , Multiple catalysts but AAPL and QCOM earnings yesterday have added furl to the move. Support is now $195 PT's $210 & $218
Much loved and very rewarding stock to trade in 2020/21 and with President Bidens push for huge infrastructure spending it will surely be a winner long term, but as earnings are today how do we play it. ? The stock has traded very technically and we could say is within a large Pennant formation right now , we have clear downtrend resistance and uptrend...
Fb has made a fantastic move on blowout earnings and bullish commentary which helped eased some fears on the impact the IOS upgrade could have. We see a potential move to $338 short term. After breaking from such along consolidation $370 is on the cards medium term.
Bullish channel break potentially on earnings. Alert set $73.50 for entry PT's $76.59 & $79.74 The stock has failed to rally on previous beats so caution needed on size of trade.
Within our group we have traded this recently for a nice 15% gain. Into earnings the chart is bullish but we have a little caution as the long term downtrend may get tested as support. Potential for limit order at $11.90 with $12.90 Pt in teh short term.
Gilead is once again stuck within a congestion channel and makes it not worthy of a trade into earnings. Alerts are set for a break from this channel for a short or long opportunity in the future.
Earnings impressed and the stock has moved 4% in the afterhours session, traders must avoid FOMO until the stock has cleared the FIb GP resistance, it should act as quite strong resistance tomorrow and if cleared set sup a nice rally back to the highs.
Todays rally was impressive but was halted by the 0.236 Fibonacci retracement Level. Alert set for a move above $9.55 tomorrow. Please see attached charts for potential resistance/targets
Bullish move today for the stock as it breaks and closes above the 50 & 200 MA's. Potential entry tomorrow above $11.25 with teh 100ma as a realistic target short term. Indicators and volume bullish.
It has been a panful decline and may not be over but there has been some rest bit in recent days. The stock is trying to form a bottom having today closed above the POC. Volume is steadily gaining bullish dominance. Bullish divergence on the indicators has aided. 2 key alerts set for Tuesday - A break above the 21EMA - A break above the 200ma If this can be...
options activity in the stock is looking quiet bullish as the stock seems to showing signs of reversal. - major Bullish Divergence on the Histogram/MACD - Volume shelf support has held on several occasions - Potential target trade target to teh 100ma and 0.236 Fib retracement level. - Always a candidate for short squeeze or legalizations news flow pumps.
Amazon continues to move in the afterhours as the social media hype continues with regards to a potential split announcement coming during the earnings release. Historically AMZN have been extremely tight lipped when it comes to such matters of significance so we must be somewhat cautious as not to FOMO into a stock on a rumour alone. The stock is set out...
Quiet a day for SKLZ as the stock got a extra Vote of confidence from Cathy Wood while also getting the opportunity to appear on CNBC to counteract some of the negative comments coming form the recent short report. Technically the stock has broken the downtrend and reclaimed the EMA;s as support in recent days. Potential trade setup on a break above the Pivot...
What a great move we have had in recent days as the squeeze takes hold in MVIS, We have included some key levels to watch in the days to come, 1) $30.00 Local Fibonacci Expansion and overall Fibonacci Retracement cluster. 2) $32.00 Yearly candle Resistance 3) $36.00 Monthly candle resistance in confluence with the 0.786 Fibonacci retracement level. After...
Within this analysis hopefully we will help you by showing the significance of the following analysis strategies = - Most Important is the Candle itself. - Volume, which is often overlooked. - Pivot Points - Support and Resistance levels. - Moving Averages (MA & EMA) - Time - Supply and Demand - Point Of Control (poc) Chart 1=30mins This gives us a great...
Bullish move today on strong volume. Alert set above the 50ma for add / entry