Gme is in a downtrend, first target is 136 next is 40$ GME is below 50 EMA, is making lowest lows, below the trendline. For now i would recommend to exit the long position if you are in it. DOn't have any shares in GME, no interest in pumping or dumping.
From technical point of view I wouldn't recommend to buy Macy's now, or at least if you have it put a TP to 20-21 , haven't read about their fundamentals though. Then there is a big chance it can continue its downtrend. Macy's was fallen even before the coronavirus.
You see this yellow channel, it is a long term middle price channel. Think of it like a true price of the stock. So we can possibly go up from current levels, or there is a good level at 220 (50 fib retracement and a low bound of the channel). Target is 300 in both cases. Good luck, I would stop below 200, but it is up to you.
In my opinion we are moving to 18.5 zone, there is a strong support level there. It could possibly turn from 21, (fib level ). First target is 35 and up.
Going to test 15 again, if succeed we can go vert low. Still bearish. For now in order to go bullish we need to close above 16.5
I personally think that we will go long after october 22. What do you think guys? A huge gain or a huge fail?
Closing below this green support today will only accelerate further decline to 80-85 as a first target.
Updating. Short AAPL below 109, we could see a very big move after we break 109.
Ok guys, some might not like it, because I know that most of you are playing Apple LONG, but I will post it anyway. Look for this 109 zone, if it holds we might see 130 and more, if not, we will be going to the 82-83 support zone or even lower. What do you think?
There are 3 possible targets on a chart. Choose whatever you like more. Apple is going to fall hard.
We tried 18.5 zone 2 time, but failed. I don't want to be right this time, cause i am long but looks like we a are heading to 15-15.5 zone again and going to test it. Bears are in the market.
We are currently under 3 supports, opened with a gap lower today. Going lower to 15-15.5.
Low volatility. No interest. Below the channel, below all sma's. Short to 0.06
Two possible scenarios in the chart.
Watch for this green triangle. There is a big chance that price will go UP. 1.Strong support level 2. Oversold 3. Stoped stock public offering.
19.5 is the first resistance, if we break it we can go higher to 23-24 resistance zone (many long open positions are there).
Amd is overbought right now. Correction is needed. Short term trend line was broken.