AMEX:SPY Is it getting closer to decision time for SPY? Could finally roll-over...but we have China talks hovering around as the big catalyst still....Here's some TA from my perspective! I'd love to hear your thoughts as well!
AMEX:SPY Just looking at price action and some basic TA on what looks like a double top, rejection, to rollover (finally?) after the rally showing a lot weakness. I have puts and calls for volatility but my sentiment in bearish.
AMEX:SPY From a technical analysis perspective this bounce is over. I explain why via video. Simple TA.
AMEX:SPY A quick look at the current chart (daily timeframe w/a quick look at 5min intraday price action), with an emphasis on bearish pressure from TA perspective. I have puts expiring this week, anticipating a move down based on technicals.
AMEX:SPY Very short term bullish -- thinking possible spike in morning back up to 246-247 range then potential continuation of fade into afternoon and staying on bearish trend late in day as long as no significant news. Staying w my same TA view of fade from bounce.
AMEX:SPY Looking at more fade unless we get a bullish catalyst imo, as the bounce topped out. This is the 23hour timeframe, including PM and AH's action, so the candles will look slightly different (more accurate pic imo) than the daily timeframe. I've also posted a video explanation of thoughts w key support here. Let me know your thoughts. I love to hear...
AMEX:SPY Basic TA on why I am bearish short term--looking at key areas of support and why I am zooming in on these areas as well.
AMEX:SPY Based on chart and price action I am short term bearish, looking at possible pullback from recent bounce. I have puts short term and am being as flexible as possible, ready to pivot as chart shows me otherwise. I'd love to get your feedback in the form of chart analysis of your own, or just your general thoughts on ideas into this week and start of new...
Strong and steady intraday volume has created a nice candlestick for today (8/8) and has moved the price up to the next level/range according to my support and resistance boxes. I am holding this short-term swing overnight with a manual stop position at $1.77 (bottom of upper rectangle) and a short term price target at $2.05, just under key resistance at $2.06. ...
This isn't a "prediction" of where the price will go as much as it is a review of how clear the TA lines have been established. I've often found that big volume stocks in the small cap space often "follow the rules" of TA. And this is no exception. Hope this helps you get a better look at what is happening with this momentum stock! Feel free to add your thoughts/analysis.
$TEUM - Saw a huge spike after blockchain PR and as you can see on chart, it entered a new range and is holding the range (barely) at 2.50 close eod today, 12/27. It made it up to almost $4 PM 12/27 but failed to hold gains at open and made it's way down to the 2.30"s (which is where it dipped after PR release yesterday 12/26 suggesting possible new support). ...
After a handful of consecutive red days we see a doji candle show up at a decent support area. This in conjuction with good news released today plus ending the day above VWAP indicates a potential reversal. We'll see. I have a position in this stock.
The monthly shows a clear pattern of a long bounce after hitting the $3.50 area. Will it repeat?? Feel free to share comments/opinions below.
IDXG has gapped down twice over the last two days. It may have one more gap down left in it before it reverses. There have been many questions about this stocks price action, with a lot of theories, in the wake of a good ER, good pr (patent news) and debt restructuring and business expansion (all public info). Let's look at what we know. On the weekly chart...
It looks like a nice cup and handle pattern on the daily right now. But, there's no guarantees it's going to stay that way. Without PR, volume, or some other catalyst this is just going to drop to support. Can't predict...just have to react to what the chart gives you. I am HOPING for a cup and handle confirmation. I would love to hear any other observations,...
The candlestick circled shows that the sellers could not hold it down. This stock has great fundamentals and a massive gap on chart to the upside. Looking for reversal confirmation tomorrow. Also, receiving "trusted" alerts on this ticker.
Solid reversal chart on weekly. Today, 02/21, it's been bouncing off VWAP and looking very bullish on strong PR.
TA = Room to run to 1.86 if volume continues into tomorrow. Coming off solid news. RSI not too spicy yet...should have more left in it over the next 1 to 2 days with volume. Looking at 200 MA at 1.72 as potential target...