NASDAQ:TSLA has been creating a strong upwards channel in which it is breaking out of the flag which was shown in the linked idea. If it does break out of this channel in the upwards direction (the current price to break out of would be around $208.17), then it may have around a 7% push upwards to a new smaller target of around $221.78.
Kinda late on this one, but AMEX:SPY is making it's way towards the $426.47 price level. It previously broke out of a wedge when looking at a 4hr or 1d timeframe. It recently broke out of the triangle, indicating the higher push. The second price level could possibly be around $429.67.
NYSE:ACN has broken out of a long wedge. Since it has just broken out, it may pull back and use the $280 price range as a support. The price target for NYSE:ACN is $340.67. There are two supporters for this price target. The first one is the reverse head and shoulders pattern it created, and the second is the wedge it broke out of. Both of these supporters are...
Howdy Traders! NASDAQ:TSLA has broken through the top resistance of $194.77. As of right now, it is going to use that level as a support, and might potentially shoot up to the price target of $242.46. Updates will hopefully follow.
NASDAQ:AMD has broken out of its wedge which it has been forming for quite sometime. Since it has broken out, it may come back to the $114.64 price level to use it as a support, and shoot up to $135.72. Or, it could just continue this bullish rally to the ultimate $135.72 price level. Congratulations to those who have successfully traded the first part to this ...
NASDAQ:TSLA broke out of the wedge. It might pull back to the previous resistance which is now acting like the support ($184.30 level). The ultimate price target is $194.96.
NASDAQ:AMD upwards trend to $109.67 at first. Then would push up to $116.65
NASDAQ:AMD creating a wedge on the one hour time frame. This indicates that NASDAQ:AMD is going to have a small pull back. When it hits the bottom of the wedge, then that may be another great entry point to enter. From the bottom of the wedge, if it doesn't break out downwards, then it may be the last element needed to push up to the 2 price targets.
NYSE:V might see a breakout to the $244.86 price level if it breaks out from the $235 price range. If it hits $236.50, then that may be a good entry into this small bullish run.
If NASDAQ:PTON breaks the $7.26 price level, it might come back to retest the $7.23 level, and if bounces off that price, it may go long to hit $7.83. If it fails to break out, then the trade fails, and it may continue falling lower. *This idea is just a possibility IF it does break out. I will try to let you guys know what happens.
NYSE:V has tested the bottom support trend line multiple time now, and has shown that it's strong. When NYSE:V breaks out of the $235 range, then it may head towards the $244.86 price target.