Price rejection at the $3391 level. If it closes above that level today I will be looking at calls. To be frank, the chart is broken but short term trades can work.
Rejection at the 38% FIB. I will add to my current position once it clears this position.
Stock held really well even on a bad day which shows strength. So with any rebound on the Nasdaq this will probably run higher. Stop will be right below 50day moving average.
I'm liking the pattern here. Lower lows If buying I would put a stop below the 50day moving average
The Q's need to hold the trendline to make me still hold on to my tech stocks over the weekend. But looks like I would get stopped out today. Market looking like taking a breather. Bearish short term $QQQ
$AMZN is having hard time clearing the 0.786 FIB resistance. Need to see if the stock can close above 3460. Another factor to be considered is that stock failed to hit it's all time high $3554 recently. I wouldn't be surprised to see a pullback to 3400, forming a base while moving averages catch up and then push to new highs if market cooperates.
Bullish pattern developing here. I started a position with stop below 50day ma. NYSE:SM
Bearish wedge forming on NASDAQ:PTON . Classic short setup. Would have preferred to short if the stock would have hit the 50day ma and then stalled.
Looking at the same pattern similar to Dec/Jan. Very high probability for long term. Alert set for $230 NYSE:BA
Gentle pullback and then a push above on higher volume. Pre-Earnings run. I bought on Friday
Amazon needs to break through and hold 50% FIB level which is around $3215 for a bullish breakout