One of the best performers in the tech sector and one of my favorites to watch, alongside NFLX. Which makes perfect sense. People stay at home, watch movies and order shit online. This one gave me quite the FOMO because I only opened my broker account last week and I had a very strong feeling it was going to behave this way. Still nice to have my hunch...
Continuing the month long channel idea present across the tech sector that started forming mid March. Support seems consistent with 2 contact points. Identified levels: L595, L675, L775, L805, L930 (peak performance before pandemic) Noticing two possible channels. 1. Orange (steeper) with a Bear Penetration beginning April. In which case the price is about to...
Same month long channel that started forming mid March like AAPL and NFLX. Support seems consistent with 3 contact points. Possible trend flattening or downshift. Strong correlation with QQQ. Need to check out AAPL and NFLX with this in mind. Identified levels: L160, L164, L175, L188 Curious whether it will break or reject the L175. If it breaks it will validate...
Started by identifying a month long channel that started forming mid March. Support seems consistent with 2 contact points. Identified levels: L365, L412, L444.44 :) Expecting rejection from L412 and trend support on 27 April, followed by a rise to L444.44 by 1st of May. Planning to enter after confirmaion of bounce (28 May) SL of 1700p (2% risk @ 8000 balance =...
Started by identifying a month long channel that started forming late March. Support seems consistent. Identified levels @ 240, 255, 265, 290 and 305. Notation: 240 level = L240 Expecting rejection from L290 and bounce off trend support on 27 April, followed by a rise to L305 by 1st of May. Planning to enter after breach of L290 with a SL of 1150p (2% risk @...