Chewy looking to really push hard to the upside Target 1 already hit Looking for target 2 with two weeks
1. The idea here is that major levels dont reach the next level until we close a bullish candle above major resistance (white hrzntl line) 2. Chances of us retracing to 454 is significantly high considering we dont break Fridays highs 3. We have also started a new month and generally, the first two weeks of a new month are bearish 4. Any daily bullish candle...
Looking at my indicators we can see a pretty self explanatory picture Average peak price hits 975 days after we close a Bullish Month aka Red Bubble on MACD and Stochastic is at lows
simple quick analysis right under price range with hour chart about the break bullish 4 hour and day chart already have upward bullish momentum on the MACD, dont expect momentum to stop on the upside easily will hit $197 confirmation with SPY hitting new ATHs and Futures up as of Nov 15 2020 Boeing to $197, about 95% sure this will hit huge gap to fill...
Looking at the Day Chart you can see that its pretty clear that BIGC might retouch the $70 level Once it does that i do think that well bounce off that AS LONG AS THE MACD TURNS DIRECTION You can also see that the last time we had the Mom indicator at these levels it was the start of the bull reversal that took us straight to $108 The Accelerator Oscillator...
If you look at the MACD from previous periods it looks like, comparing to previous MACD bull runs, we are just getting started. Todays sell of was definitely one to scare off the bulls but we are hitting resistance and going to recover if you look at the 4 hour MACD we are barely going to flip the MACD to bullish and the AO indicator is already showing signs of...
To keep this short and simple, Boeing will move based on the next MACD candle that gets created on the 4 Hour chart If the next candle is dark green were going to see BA at $170 by next week If the next candle is a lighter green we will begin our decent back to $134, then retest support. If it break support were headed straight down to $121/$120 area i DO NOT...
Walmart is going to be consolidating for a bit around the support that its been hitting but overall Walmart is going upwards, it keeps making higher highs without breaking support easily looks like along for Walmart around the 120.92 support Once the MACD creates a new lighter red candle (bear candle) we can expect an increase of around $8 dollars towards the...
After looking at DKNGs chart it seems like the rally is JUST beginning. There seems to be a lot of support around the $17-$18 area so if it does drop again around that price snatch it up, FAST. Because this seems like a rocket that isn't going to stop anytime soon Looking at momentum MACD and Accelerator Oscillator, everything is looking extremely bullish. You...
With the SPY losing traction im thinking we do one jump up back to $296 and then a straight shot back down towards $255 we have yet to fill the gap and as we always know, gaps are always going to get filled i think that once we reach that $255 gap its back to ATHs until Q2 where earnings might be a lot worse than people are anticipating especially with Disney...
Look for the next candle on the MACD to be a lighter red color take the buy seems like it might get created on Monday morning around 10am If Wingstop sells off a bit and a new MACD lighter red candle gets created buy in more than likely its going to beat earnings and gonna keep skyrocketing as long as people are inside and Q2 earnings for every other company...
It seems as though when it comes to the MACD 4 Hour and SPCE SPCE seems to respect the first bull candle created in the MACD quite well Looking at previous bull runs for this stock, it seems to rise exponentially higher when the MACD 4 Hour bull candle is created Looking at the 4 Hour MACD right now it seems like we might create another bullish MACD candle on...
Looking at Walmarts chart it seems like it is infamous for filling gaps made pretty quickly last gap made was around the 127.33 price which i think will get filled tomorrow on 5/1/2020 to start the month our in green but it seems like whenever gaps are filled they are taken right back so maybe set a TP for the 127 price range also MACD on average makes around...