Ascending Triangle on the daily chart. - Institutionally own - Director bought 72m worth of shares
DOCS has been following a typical IPO pump the past few weeks. It's starting to finally show signs of weakness and the 100 area is a key zone. Two shooting star candlestick patterns have been plotted, and today's candle confirms it. Expect DOCS to revisit the 9EMA at the 90s price level at the very minimum
Ever since hitting 430s, UNH has corrected for the past several days. Up until yesterday, it completely rejected the 411 level and has been rallying upwards. Here we see on the hourly chart that UNH has broken out of its downtrend. I'm leaning towards a bullish continuation. A good candidate for Lotto Friday 9/3/21 for 425C or 420P. If it retests low 420's and...
Been trading below the 9EMA RSI in downtrend (under 50) Shooting Star daily candle yesterday, today's candle will confirm or deny. Please like, and follow on Twitter if you like my ideas :)
YUM today 8/30 saw loss in a trading day that was mostly green on SPY. In the morning it attempted to regain losses from last week, but any strength was quickly sold and the downward trend continued. - Rejection at 9EMA --> Short Term Downtrend confirmation - Short Term EMA are bearishly crossing down to the 50 EMA - Bollinger bands expanding signaling potential...
50MA is about to catch the 200MA, and if Unity breaks 130, should be able to confirm uptrend to fill the gap above. Unity made a higher low last Thursday before regaining momentum upwards. RSI is holding above 50, still in an uptrend MACD is positive still 4H chart shows hidden bullish divergence
DDOG is forming an ascending triangle on the 4H chart. Price has been sideways ever since the bullish earnings that landed it above 130. Price can be seen making attempts at higher highs and lower lowers during every impulsive move up and down. OBV is rising Price is tightening, volume dropping I believe this can break out to 140+ by the end of the month as...
Falling Wedge on the 4H chart + MACD curling positive + Inverted Hammer and Bullish Engulfing to confirm reverse of downtrend + Closed above the 9EMA + Bullish option flow
JNJ is currently at the top of the Bollinger bands and as you can see, every time it goes to the top of the band on the daily chart, it usually drifts back down to the 20 SMA. May see a push for 180 as the price action seemed somewhat strong in the morning of 8/20/21, but died off late into the day. Long overall, bearish in the short term if it doesn't go up on...
Healthcare and Bio stocks have been slowly creeping up the past few weeks. BMY has been eyeing the 70 level and I believe we will see it touch within the next few weeks. They recently had a cancer drug FDA approved: finance.yahoo.com Technicals: - RSI level over 50 on the daily - Positive MACD on the daily and is curling upwards - OBV is rising with price -...