itsCblast

itsCblast

Falling Wedge + RSI Divergence + PivotPoint Rejection + Loss of Bearish Momentum I'll be looking for price action to give rejections of the PivotPoint at 67.95 and the break of the Falling Wedge before entering Long.

itsCblast

Descending Triangle + RSI Divergence + Loss of Momentum + Long Wick Rejection of Support The price action isn't telling me which way we will break out of the Descending Triangle yet so I will wait for more confirmation before entering Long or Short. Bullish Over 124.39 Bearish Under 113.00

itsCblast

Falling Wedge + Symmetrical Triangle + Dynamic Demand Zone + Divergence + Momentum ROKU is showing loss of Bearish momentum as we get closer to the Demand Zone. Long Wick Rejection on the Hourly Chart today after reaching it. RSI Support Level Holding with Bullish Divergence. MACD Gaining Bullish Momentum. SMI Making Higher Low. I'm expecting a few more long...

itsCblast

Symmetrical Triangle + Bullish Channel + 3 Inside Up + RSI Divergence + MACD/SMI Momentum + Long Wick Rejection of Demand Zone I'm expecting The PivotPoint/50EMA/14EMA/VWAP to all act as support based on the price action causing us to break to the upside out of the Symmetrical Triangle Options Contract: 5/15 2400c Price Target: 2407.70 Stop Level: 2349

itsCblast

3 Rising Valleys Breakout from initial swing high followed by a retracement to the PivotPoint/14EMA giving us a Southern Doji Bullish Continuation followed by another long wick rejection of the PivotPoint/14EMA. 3 Rising Valleys Long Entry: 42.15 Price Target: 65.84 Stop: 35.85 Southern Doji Bullish Continuation Entry: 53.52 Price Target: 63.63 Stop: 49.72

itsCblast

Rising Wedge + Resistance + Trend line Break + Bearish Momentum + Symmetrical Triangle Break If 2823 Does not hold as support my next target is 2786.50. (Short Term Target of 2810.75) For the Bulls we need to push to a higher high without divergence.

itsCblast

Waiting for breakout of Symmetrical Triangle before going Long or Short.

itsCblast

2 possible Long entries based off Retracement to breakout level. Will be watching Price Action on the lower time frames to give me best entry Long entry : 107.405 Profit Level 108.060 Stop Level: 107.234 Risk/Reward Ratio: 4.01 Long entry : 107.499 Profit Level 108.060 Stop Level: 107.234 Risk/Reward Ratio: 4.01

itsCblast

My initial target of 296.09 still stands. Support + 3 Rising Valleys + Symmetrical Triangle + Bullish Channel Continuation If we can break thru the Supply Zone 301.86 will be next. (I'm expecting a double top reversal at the supply zone)

itsCblast

Broke to the upside out of declining wedge. Long entry was at our initial stop on Short Entry 106.766. Took profit on half at 106.944 and looking for bullish continuation to next target 107.069

itsCblast

Multiple Indicators and Time frame Confluence agreeing with Bullish continuation in the rising wedge. Expect a test of 2396 level first and possibly 2417 tomorrow.

itsCblast

Strong Downward Momentum on the Higher Timeframes. Looking for a test of support at 105.837 Short Entry: 106.642 Profit Level 106.056 Stop Level: 106.766 Risk/Reward Ratio: 4.73

itsCblast

Expecting small pullback Monday morning to 304.30 then bullish continuation inside Upward Channel to a price target of 315.36. 3 Rising Valleys + Inverse H & S (Slanted Neckline) + Bullish Momentum *Bearish Reversal if we break below Channel Analysis last week gave us an initial price target of 303.43 from 3 Rising Valleys with a secondary target of...

itsCblast

My theory is Demand Zone holds as support and we continue uptrend to 77.37. The lower time time frame confluence is showing the Demand Zone as a strong support. The pullback to 0.618 Fibonacci is expected before we continue upward trend. Options Trade: 5/22 78c (Wait for pullback to our level before entry)

itsCblast

Symmetrical Triangle + Support + Double Bottom + Long Legged Doji (Bullish Continuation) + 4.5% Throwback from Initial Break Short Term Price Targets: 1.09788, 1.11174, 1.11801 Long Term Price Target: 1.13096 Stop Loss: 1.06910

itsCblast

3 Possible Outcomes on SPY 1. Resistance + H & S (Slanted Neckline) + Rising Wedge Reversal Short Entry Target: 292.14 2. Resistance + Rising Wedge + Double Top Reversal Short Entry Target: 296.09 3. Break Thru Supply Zone and continue Uptrend to 302.09 (Following Rising Wedge)