Hmmmmmm definitely keep on watch maybe we get a similar move to this pulled all the way back to $1340 and closed the day at $1428. Would be a monster play to get a $1400c at the low. We could also play it down to it. Depending what pm looks like I’ll probably be in the $1300p. Channel on the daily is around $1370 could definitely catch support there if not follow...
MA:Damn wish I didn’t lose track of this one. Im only bullish on this one looking for a trendline retest would be about $365 on the weekly. Follow green levels to the next orange fib level. $364.83.
ETSY:
Bullish: ETSY has been getting wrecked lately, but after retracing ~75% of the move to its ath it’s consolidating at support somewhat and is holding this long term trend line. I need to see it hold $222.99 from there I’ll be watching for it to make its move to $230 and just follow the levels up. Weekly target is $251.
Bearish: if it can’t hold $222.99 I...
DDOG:
Bullish: I’m looking for DDOG to push up over and claim $176.19. If it can do that I’m looking to follow the green levels and the orange possible resistance up to a new ath of $201. It hasn’t done too well with the short term extension(green from 4 hr) golden zone after claiming $176.19 I want to see it claim $182.27 and make its way to test $185.51. My...
OKTA got crushed trying to breakout of the narrowing range. And fell out of it. It may have finally found support around its March 30 2021 low. It closed Wednesday just at the 100% level($219.51) of this inverse extension. Friday it not only gapped up slightly while the rest of the market sold off it retested and held the $219.51 level and closed the day at...
I still see more downside in ZM. Sure it gapped up yesterday, but it pretty much opened at the high and sold off all day. I shorted just after the $228.54 retest and rejection as it made a new low heading into the close. Looking to close the gap back down, which will be started by the $218.61 break. If that happens I will look to follow these fib lines down once...
Haven’t opened up the chart for MRNA since it was around $400 these inverse fib levels are playing out perfectly though. Needs to claim $346.44 or hold $314.67 break below that and maybe catch support around $294. Below that it can get ugly again. So much uncertainty in the market right now. A lot of things(Covid plays) popped Friday based on the severity of the...
Seeing a lot of stuff calling a crypto market breakdown, so, if that’s the case, maybe COIN falls back into this range. A test of the breakout area would put us around $275 on the weekly. Looking to play these supports down.
Ive been waiting for this to play out. Even with relative market weakness and lower volume due to the holiday Wednesday and Friday W ripped. Friday it finally retested a breakout of this channel. Obviously it failed and sold off to close the day. It managed to hold inside this golden zone, I’ll be watching for it to push up over $281.74 and then follow the levels...
DNH caught itself at the 1.618 fib level of 323.88. If you it can push past its all time high of $333.96 my next target is $343. Breaking past todays high of $331.49 will probably give us the juice to do that. Depending if it gaps up pm Monday I may be a little aggressive with this one. I will look to follow these levels up.
Over the past week TDOC cracked its 2020 COVID of $102.01 and hit $100.51. However it recovered and closed the day at $106.00 reclaiming the 23.6% fib level($105.54) of this retracement from its December 24 2018 low to its ATH. In doing so also reclaimed the 100% level($103.17)of this inverse extension from Jun 29 2021 high to October 4 2021 low to November 4 2021...
If NIO follows this trend I think it test the upper box before the end of this month if it can get and hold over $46.50ish. Already got in on Friday wasn’t paying attention(seems like breakouts are back in instead of fakeouts everywhere) so didn’t realize it broke out of my box.
