itshabib

itshabib

Ford showing a tweezer top on the daily. Let's see if there is confirmation with a move lower. I'd like to see it break that 10 day MA for a shot at a short. The market continuing its downtrend tomorrow would help.

itshabib Updated 

WMT at the 200 day and closed with a doji. Strength/Momentum indicators still look quite bearish so we'll see if it can turn it around for tomorrow. Maybe it'll take till ~130 area for it to start its move back up. Will be keeping a close eye on it.

itshabib

Pulling back from an ATH, I'd expect a little more before a reversal. I'm interested to see what happens at the 20 day MA around ~395-390, assuming it gets there. The extreme case would be a test of the bottom trend line but that would require a drop of more than 10% from here so I'm not sure about that one. With ES and NQ down, might be good to be a little...

itshabib

I feel like it'll be pretty choppy for a bit for DDOG. Okish bounce off the 100 day, so not much conviction there I'd like to see a double bottom form for another test of the 119.43 high.

itshabib

Starting to see some bullish divergence in the ChalkinOsc and MACD. It's been on a pretty big correction lately and these might be the signs that the sellers are losing steam. The 100 day is inside a low volume zone so if there is going to be a reversal I'd guess it needs to do around there. Under 140- looks very slippery.

itshabib

FSLY has had pretty red couple of weeks for FSLY. It closed below the 200 day and there aren't signs of a reversal yet. I'm very interested to see what it does around ~70 if it gets there. That has been a huge support in the past. If it can hold 70 I'm sure the IV would be good enough to have good opportunities with bullish broken wing butterflies or bullish...

itshabib

PLTR has a much better looking inverse H & S than BABA. ChalkinOsc and MACD are flying. This looks really interesting. Will keep a really close eye on this one. Great volume on the daily too. ES is down 26 points so we'll see how that potential longs.

itshabib

We're at the POC of all time, looking for a breakout if we can push through that. I'd like to see some more strength of the indicators so might stall for a bit while here while it builds.

itshabib

Seeing big divergence with the ChaikinOsc and price movement. Seems very fishy. They also missed earnings so want to watch closely here to see what happens.

itshabib

Unity got owned at earnings. Already down 20pts. If buyers don't step in wouldn't be surprised if it reached $100.

itshabib

UPS bounced off that huge support. Expect it to slowly works its way through these channels. Not really interested in any moves unless it's a break of 155 or ATH.

itshabib

SPOT looking weak here, it's been falling since the earning miss. I want to see it break 305 for a test of ~295 and to potentially get to the 100 day.

itshabib

DKNG closed the week with a doji . Will be watching to see if it retraces like the last ATH breach. I would like it to fail to break Friday's high and make a new low for an opportunity to go short.

itshabib

COST has been retracing from a recent run-up. Indicators are starting to point to being oversold and are slightly curling up. It is also approaching the 200 day which is conventionally at an LVN of the volume profile. If it reaches that point and bounces that will be my trigger to go long. Will keep an eye on it in case it decides to reverse earlier or not at all.

itshabib Updated 

MRNA having a great run, I'm watching the 10h and 20h MA for a bounce and continuation. If it doesn't correct too much here I think it has a good chance at a run off the 10/20h MAs. The daily chart looks like it needs a break so I am willing to see a correction here before more upside.

itshabib

WDAY bouncing nicely off the 100day and intraday double bottom. If it can keep this up it could push even further. The double bottom might be played out so be safe.

itshabib

WKHS has had a good run and is now consolidating. I will be looking for a continuation over the recent highs.

itshabib

LMT finished the week by closing below the 50 month. Will be interesting to see what kind of effect that will have.