This one may be worth putting on your watch list. However, it needs to break the down trend line and fill the gap before I'll go long. If it breaks the trend line in the next week or two it should also fill that gap. This could easily fail in the gap so, have to have lots of patience... Ideas, not investing / trading advice.
I'm looking for this to break to the upside out of this triangle. (It has a nice basing pattern too since earnings...) If it can do that and clear $46.40 I'll be looking for a long trigger. Ideas, not investing advice.
$PTON is to new for regular technical analysis so, I'm looking at what appears to be a Morning Star pattern. If this clears the $29.20 area it should have room to run to the old highs... Ideas, not trading advice.
I missed my entry when this broke above the triangle in December and pulled back a bit before resuming the up-trend. I've been patient and waited for a pullback. We got a small one and there is a Morning Star formation then a gap up today. I'm long at $218.98 with a stop at $210.00. Target 1 is $230 and Target 2 $245... We'll see how this plays out. Ideas, not...
I like $OKTA for my watch list. It's testing the lower bounds of a nice upward trend line (many ways to draw a trend line and it should be with a wide sharpie). If this can hold around this area and start showing strength I'd look to go long... Although, $FTNT is in this space and has a much better looking chart. Ideas, not trading advice.
This is a good one for your watch list. I'm looking for this to break up and out of this triangle. I'll be looking to for a long entry on a close over $36.50. This is also in the IBD top 50 list. Ideas, not trading / investing advice.
Looks like $BA is in a nice bull triangle on this weekly chart. I'll be keeping an eye on this and will look for a long trigger on a close over $379. After which it may well re-test the highs near $430. Patience should pay-off well here. If it falls below the lower trend line all bets are off.
I took a position in this long with Jan 2021 in the money calls. Technicals look good to me here and news into the future re 40 electric or hybrid cars by 2022... As you can see this is a very long term play with a close stop at $8.40... ideas, not investment advice.
Looks like we have some nice consolidation going on here. I'm looking for this to break up. If it does I'll look for an entry over $179 with a stop at $175 and an initial target of $183 but I expect it will go on to all time highs... patience... Ideas, not investing / trading advice.
Opened a position in this today when it broke the triangle. It did pull back in, I may have jumped the gun as this could be a false break-out. It is a nice pattern and did get an upgrade today with a $120 price target. I'm in at $96.02 still in the money. My stop is $90 and first target is a measured move to $112 then hopefully to $120 upgraded target. Ideas, not...
I took this position yesterday when it broke back above the handle line on this near textbook Cup with Handle pattern (it's a little deep, but I still like it)... My stop is $46, Entry $52.55. My first target is the last high of $60 then on to it's all time high around $80... Ideas, Not investing / trading advice.
$CERN looks to have broken the down trend yesterday. Look at that volume! It's given most back today but look at the much lower volume... I'm now long Mar 2020 in the money calls with a tight stop at the 200 MA ($66.46)... ideas not trading advice.
Over the nest day or two I'll be looking for a long entry... love those gap fills. Let's see if it gives me a trigger. This could be a nice area to place a stop. Ideas, not trading advice.
I always have a long bias but, I'm neutral on this space... which way will this resolve?
I like the looks of this chart. I'm looking to go long if this can clear and close over the $1855 level. If it can do that, it can run to test its all time highs around $2000. Patience here might pay-off big... Ideas, not trading advice.
$ALLY I'm looking to go long on a close over $32.50 and placing a tight stop @ $31.00 with a target at the $35 level. that's about 1.7 risk / reward. Patience... Ideas, not trading advice.
$TEAM has formed a nice triangle. I'll wait a day or two before going long just to make sure it's not a head fake... Patience... this will have a ways to run once it gets going. Of course, if it reveres it negates the set-up... ideas, not investment advice.
This is forming a nice triangle pattern. It has earnings on the Nov 21 so I won't do anything until after that event... patience... with a watchful eye. Ideas, not investing advice.