danjones3039

danjones3039

This has been consolidating around $20 for a while. Look for price to break above upper bound and test $23.5 soon. I see this as a solid play into earnings in March

danjones3039

KPTI has been trading in a range with Earnings expected on Feb. 11. Experts expect KPTI to grow exponentially over next few years. At worst, swing this from 15 - 17.5. At best, buy at 15 and hold until breakout.

danjones3039

Flat bottom wedge pattern with nice confluence support at $74 and near term resistance at $98. Stop loss at $70, which is 1 ATR (on the hourly TF) below the previous low at $71.5. Take profit #1 just below resistance at $99, take profit #2 at $110

danjones3039 Updated 

Fibonacci and the Golden Ratio has opened my eyes. Thank you Tesla and NIO for the gains today. Expecting a pullback/gap fill in NIO to the 50% line at the top right of the screen at $24.40. That will be my next entrance. Thank you, that is all. P.S. Note the similarities (and slight differences) in all three of the price jumps shown. DM if you have any questions...

danjones3039

Temporary resistance at 19.18 should break down and PT/take profit around $22. Would have been nice to get on this sooner but still bullish