Outlook: - daily bear flag - daily chart grinding MA200 - daily RSI about to hit oversold condition Trade plan: bullish Entry: ~ 100 Stop loss: 96.58 Target: 114.39 R:R ratio: 3.67 :1
Outlook: - Currently in an Equilibrium - buy zone: 52.14-53.06 - Stop loss: below 51.74 - R:R ratio: 3.84:1 - 1st target: 57.55 - 2nd target: 65.26-69.74 (long term target)
Outlook: - Short term bullish, long term bearish due to a big bear flag on daily time frame. - Target short term: 185-186 (hitting MA200 resistance) - Stop loss: below 163 - Earnings report on May 16
Outlook: - A strong bounce after closed above daily MA200 is anticipated - Any bounce (Wave B) will be met with strong resistance at the low of Wave 4 (114.50) Trade plan: Wait for price action on Mon and go Long Target: Wave B (111.18-114.50) Stop Loss: below 96.50 Note: Every daily RSI oversold (green circle) have resulted in a strong bounce since 25 Oct 17'
- 5 wave structure has been completed - A sharp drop temporarily stopped right at the Fibo retrace 50%. - INTC to retest that 50% level again next week before looking for direction to go. Trade plan: Wait to retest 51.52 on Mon, Tue. Downside continuation will be more likely if that level breaks again. If 51.52 held, a bounce toward the middle of the gap @55.50...
Bullish Scenario - I just lay out my thought on ATVI in comparison with NVDA movement. HIT THE FOLLOW BUTTON TO GET MORE FOR THE FUTURE ANALYSIS. THANK YOU FOR SUPPORTING ME.
Outlook: (bearish) - Currently in big Wave (3) with MA200 held as support. - Break down through MA200 will look for the low of Wave (3) - Wave (3): 86.90 , Wave (4): 94.05 , Wave (5): 78.20 Trade plan: Go SHORT on Monday, Stop Loss: Above 95.31 HIT THE FOLLOW BUTTON TO GET MORE FOR THE FUTURE ANALYSIS. THANK YOU FOR SUPPORTING ME.
- IHS pattern - Stop loss: below 234.48 - Target: 249.81 - R:R ratio: 4,87:1
-ROKU is in processs of completing Wave A-B-C with Wave A is being built and has not yet finished. - MA200 is waiting around $53 mark, so price is expected to have a big demand at that area and might cause a short term bounce. -If MA200 held, Wave B should have at least hit the high of Wave 5. - Entry: ~53 - Stop loss: below MA200 - Target: high of Wave 5 @71 -...
- CGC finding the bottom of Wave 4 = I am expecting it to hit the high of Wave 1 but not penetrating too deep inside Wave 1. - 1st Wave (4) target: 42.60 - 2nd Wave (4) target: 44.10 - Entry: 42.60-44.10 - Stop loss: below 42.60 - Target: 50 - R:R ratio: 6.48:1
most optimistic target in 2019: 353
Potential bear flag on hourly chart - If the bulls do not make any attempt to move price closer to the 28.50 area, then the bears will have an upper hand to break down multiple supports @ 1,2,3 & 4. - In case of a bearish scenario, a reasonable target should be within the rising window territory.
-SQ breaking down below major trendline support w/ increasing selling volume. - The change of polarity: old support turns into the new resistance - Entry short selling: 72.50 - Stop loss: above trendline @73 - Target: 67 - R:R ratio: 11:1
If we don't gap up above 289.80, the bears will have an absolute upper hand tmr.
ACCUMULATION ZONE: 208.57 - 212.42 STOP LOSS: BELOW ACCUMULATION ZONE
BUY ZONE :45.07 - 47.21 A POTENTIAL R:R RATIO NOW IN FAVOR OF THE BULLS: AT LEAST 4.5:1 PLEASE DROP A LIKE OR HIT THE FOLLOWING BUTTON TO CONTINUE SUPPORTING FUTURE CHART ANALYSIS. I REALLY APPRECIATE YOUR SUPPORT
Outlook: - TSLA still in a downtrend on multiple large time frames (4H, Daily) - Congestion zone will be playing as a major support area where tons of buyers will look forward to accumulating shares with a good R:R ratio. - Accumulation zone: 256 - 267