Short thoughts on a neutral area. TSLA broke out of what appears to be bear flag to me. I also see an inverse cup & handle. We may attempt to retest and/or regain the channel. If we fail, 225-220 is my target. Demand zone marked. More journal notes this week to stay focused on the trade(s). Bear Flag: www.bapital.com Cup & Handle: www.investopedia.com Inverse...
Update to my chilling status on NFLX. 4/7/25 gap down, retest of a critical breakdown point for me 910. Target 825-775 (this week or next week). Overall mkt bearish due to Tariffs. @ContraryTrader even left us a clue in my previous update (May/June).Thank you! *The magic wand feature seems to be extra... & I love that. I'll get a handle on it. Until next...
When I woke up this morning, I had to run my son & his friend to school. When I got back home and sat down in front of this computer, my eyes widened and I said "MY GOD!" Someone said capitulation is a feeling. Well honey... this is it. Spiked VIX, huge gaps down, nausea, & nerves shook. On to the analysis. We are wicking from the top as of now. But this journey...
so alot is going on. when we gapped up and ran nonstop 3/25-3/26, i decided to look for reversal signals. tues was a tight range. it formed a doji; which was suspect. the move below the open print today was the second. and now i see we are up on a tweet and a prayer. this 3 candlestick pattern confirms that. however... the higher timeframes are in a wide range....
Earnings. I have been bearish on this stock technically. Currently it is floating within the Bollinger Bands. Today (3/26) was pretty bearish on the market overall. I read that NFLX will be raising rates or creating alleged value within its ad tiers. I like commercials, so I'll keep watching them lol. Anyways... I just know that people will be affected by loss of...
I'm trying to get some of this UBER Moolah! I didn't get the lil corporate job so I have to get my money from the charts. I have been seeing targets of $100. Technically looks like we can pull it off within the Bollinger Bands (BB). After finishing my video, I noticed a cup and handle pattern. Will denote and place in updates below. Tootles!
Reviewing my charts out loud. I like the month and week view best. Watch the zones. Above 250 TSLA is above water. Will take a look at how week and month close to see if anything pops out at me. Tootles! *I watch for setups *BYD is gaining market share in China *Europe may not want to affiliate right now *Dubai for funding?... I happened to read years ago that...
Short term bearish on NFLX. Target for Fri 1/3/2025 875. Entry at or below 895. Stop Loss 896 *will keep my eye on it for Jan as I think an ultimate target may be close to 800. Methodical move down in descending channel.
Holiday Idea: I spy a two bar pattern for the last two weeks; Piercing Candlestick Pattern. A slight pullback may be possible. Above this week's close, I will target the previous week's open/high. A caution is that I see this on the weekly chart near ATH. A flip would be a break and close below last week's candle (5850). If we gap down Monday due to the location...
holding the recent low is key. Back above and hold the high of today will move me toward Tgt 1 & 2. Tgt 3... maybe. Looking for double top.... doesn't have to happen, but that's what I'm looking for. below 537, 531 possible target. Let's see what Aug is made of. PCE 7/26, EOM 7/31
Measured move into new ATHs in anticipation of NVDA earnings next week - end of month. Above the midpoint of channel (month). Week view.
My play on words... lol. I'm thinking with NVDA earnings next week we could go even higher. The last time SPY flew extra high was on NVDA earnings last quarter. Back to the chart, staying above the mid point of the channel is key. This weekly parallel channel provides the levels for the daily too.
S&P 500 4hr view said "Psych!" showing a strong rejection at 5260 again today. Everybody plays the fool sometimes. I don't want to be one this week, so I'll be watching to see if we struggle getting back above 5250-5255 soon. If we can't, looking for a break and hold below 5229 to target 5200 (where we had a major bounce last week). Short term bearish if we fail...
Scared to jump in! I will say that since Nov, it's been extremely important to recognize patterns and implement strategies to participate in this fast moving bull rally (tight HH & HL). This 2/9 week candle was pretty strong. I heard someone say once that when people missed a strong rally over thinking it (especially big money), we may see attempts to snatch at...
placed the fib on on pivot and run up. $7.30 ish area is a great buy zone per the fib tool. I'll give it a whirl. fintech is on one this year and i like it.
If we hold this gap area, I'm willing to bet that we might make it to $200. I just saw what NFLX is doing for earnings despite okay #s. Looking fwd to seeing what tomorrow brings. 0 *IWM = small caps (stockanalysis.com) **TSLA earnings after hours 1/24/24 - i remember when TSLA didn't participate in a rally post COVID. When ready to rip, it will rip!!!
Nice dragonfly doji day candle. I believe we will fill the gap tomorrow if we can hold 4730. The LL (lower low) today was major. However, the reversal was strong on the RSI on 5 min chart. So I'll be looking for a hold above 4730 and then another hold at 1/17 HOD (high of day) of 4745.