$V Today 12/20/20 815pm Goddamn I was exactly right on the Visa call last month. Let's just do it again. Downward Trend Line pressure on the peaks. Strong Price line at 207.50$. Bullish on squeeze play. Bullish at Fib 236/$207.50.
F 12/20/20 810pm pst Room to Grow No strong feelings, just trying an old stock. Looks like F has some room to grow in this faint rising wedge. I really like the orange horz price lines drawn out- they go back multiple years. It looks like the stock may bounce up from the 8.80$ price line towards 9.73$.
GME 12/20/20 802PM Sure let's do a certified WSB Meme Stock. Looks like a squeeze point at just after NYE. No strong support points to catch the stock fall before $13.00. The $13.00 Price Line is strong, we see major reversals before. So I predict the WSB bulls will buy in again around there. Plus it's a fib line. Plus strong upward overall trend from the meme...
SQ 12/20/20 755pm pst Rising Wedge- reversal incoming. SQ will return to the strong upper trend from the March low point. It has only broken this Trend Line once. Allow SQ to run and come back. I see the entry at early January. SQ has no good/bad news, just a strong company. The stock will drop slowly at same cyclical slope. One of the many stocks we're all...
SNE Today 11/29/20 10am pst Plan: Channel play- buy at fib 618 (close to bottom channel/old price line) Price Line $84.33 has had multiple rejections in August and prior. Now that Sony has broken out, I'd expect it to act as a strong support. Plus it aligns exactly with fib 618. Sony is on a tear from PS5 holiday sales but should slow soon. Eventually it will...
WKHS Today 11/28/20 645pm pst Plan: fib play, 618 to fib 1 Reasons: WKHS is reacting alright to the fib 618. It's under a strong upward trend from Nov 1, but the Fib 1 line at $30.00 might be a psych barrier for now. I expect WKHS to zone trade until it hits big news (beyond what's priced in, like the UPS Truck render). So be basic with me, play the 618...
$V Today: 11/28/20 615pm PST Plan: Let Visa drop to Price $204.30, ride to price $215.20. I'm a simple guy and I like simple plans. Visa has a long history of reacting to these price lines, look left and you'll see many supports/rejections. The lower price 204.30 is just before a clear/recent fib 618 line. Adds to the plan. Visa appears to be zone trading after...
NKE Today: 11/28/20 6pm PST Plan: Rising Wedge, let NKE fall to Price Line 130.50$/around fib 618, buy and rise, sell before 786 fib. Price line 130.50$ is a strong resistance all of Oct, but has acted as support recently on Nov 19. Nike is spiking based on earnings, there is no major new to drive the price from current up to the fib 1 area. Expect a small...
LYFT Today's Date 11/28/20 800am Plan: Bullish on Basic FIB 618 reversal play. Linework: Fibs from Oct 20 low to Nov 20 high (the Prop 22 runup) Horiz Price Lines, note several touches as far back as April 2020. "We've been here before" The Nov 20 high is the same high as Jun 9 and Mar 5, we already see that rejection. Fib 618 has caused many past reversals...
AAPL Today's Date: 11/28/20 742am TLDR: Bullish on TL Squeeze Play Linework: Fib drawn Sep 21 low to Oct 13 high (during the zone trading time) Older TL from July 23, can extend backwards and see it aligning with run up. Recent TLs AAPL has been zone trading since October with no major news. Fib 786 and 382 align with horiz price lines. Fib 500 has caused...
$NIO Today's Date 11/28/20- 7:19am Sure, let's apply basic technical analysis to a meme stock, why not. NIO went nuts due to the EV stock gold rush. Missed an absolutely awesome run up. So the question a lot of us rookies/late people ask is- is there room to grow before it breaks? Linework: -Fib drawn 0-1 at Nov 10 to Nov 13. -Rising Wedge trend lines...
WMT Today's Date: 11/18/20 3:30pm TLDR: Wait to 0.618 fib/$135.25, hold to 0.786 fib/145.50$. Channel doesn't seem to be holding as WMT can't break above 150$. 0.786 fib has been recent resistance and 0.618 fib a repetitive support. Play the fibs over the channel. This one will take patience, may not be a play until December as WMT doesn't move too fast.
WORK/Slack (Why tf didn't they just take SLCK or SLAK? Jesuchristo. Make your ticker sound like your company name dammit) Today's date: 11/18/20 3:20pm TLDR: Wait for confirmation by price fall to $25.50 PL, then buy, sell at appx $30.00 PL. Reason: Shop has a strong PL at 25.50 where the stock has reacted positively to this support. However the stock can't...
SHOP Today's Date 11/18/20 3:11pm Long TLDR: Wait for bounce down on 786 fib, buy at PL 920, ride up to below 1000$ and sell at this psych line. Reason: PL $920.00 is strong from May. Multiple rejections on 4hr. Shop has broken the 1000$ mark before, but it's hovering just below that mark. Don't ride up to all time high, set a tight stop gap and ride to 1000$.
BYND Today's Date 11/18/20 Wed 3pm Bullish Orange PLs drawn from 4h chart. Plan TLDR: Wait til stock falls to 0.50fib/strong PL Support/132.55, buy in, sell at 0.618 fib (140.39) Plan: 0.50 Fib & 132 price point have been strong supports for BYND. The stock fell sharply due to McDonalds announcement of the competing McPlant burger, and it looks like the stock...
NTDOY closely follows a fib play drawn from the obvious March COVID low to a recent high. This causes the fib lines to line up with the price lines. See description on chart.
PYPL All Markups from 4h Chart Today's Date 11/11/20 4pm Wed PLs in Orange Fibs in colors Already missed a good play, bouncing up on the 0.786 fib after several confirmations. Plan: Patience. Wait for stock to hit either (A) 205.01 PL and sell, (B) come back to 0.786 and buy, or (C) if uncomfortable with B, let stock fall to 173.15 PL and buy. I like A- that...
BABA Today's Date 11/11/20 W 4pm Basis: Orange PLs, Yellow TLs, Fib. Plan: TL up is strong from April, and Orange PL 267.92 (~ = 0.618 fib) has multiple old rejections and now supports at this mark in July-Oct. Stock has already dropped to TL and bounced UP - confirmation. Let the stock hit 267.92 PL, bounce down to TL, bounce up and BUY on bounce up from TL....