With an Excellent risk/reward, here's a play that has made some money for me in the past. TSM at legendary support and RSI oversold 3:1 risk-reward.
Just made an entry with $TDOC at this support area. It is just the first entry out of 3 possible ads to the position. Great Risk reward, everything will be just fine if you respect your Risk/Reward. :)
We are almost there with $FB, as you can see the pattern measuring the ATR with Keltner Channels. My target is the 3rd upper ATR after the before-seen RSI confirmation rising from below 50% and the candle being almost halfway from 1-2 ATR. However, it might just bounce without touching the 1 ATR level as it did on Aug 04 (see rectangle)
Buying at support level with a great 4.55 risk-reward, small volume gap also matches the resistance we are playing. If it breaks the stop loss there's another opportunity at a greater support level, also with a great 6.74 risk-reward
We are close to filling a previous market imbalance, in case we do, here's a swing play that might be of use.
Weekly timeframe for a Wedge forming in PLTR. Breakout might match with ER, and there are two possible scenarios for me here.
I think we could see a retest to the 70-68 area, giving us a 4.71 risk/reward entry point, and taking profits on the main volume profile area.
This is an AMD bear case for Sept. 2021, supported by an overextended rally, not only from AMD itself but from the market as well. Also, seasonality for AMD says that there is a 75% prob. of closing lower than the open this month.