Cup n Handle, looking for a move out of this base. The catalyst that can help w/ the base breakout is the strong earning performance they have had recently. Twitter reported earnings of 8 cents per share for the three months ended June 30, versus a loss of $1.75 per share in the comparable period of 2020
13.15 area.. fake breakdown pullback, needs to hold that break level as a support for a continuation move. Or new low will follow..
if the VRX holds this area after earnings.. not a bad spot to enter in (just the earnings are around the corner)
Markets seems to be turning around, good entry here in SHOP!
YELP has run up quickly with the earnings gap up now going into a resistance. A good short trade w/ risk and reward in the favor .. wait for intraday setup !
Seems to be reversing quite nicely at this point. 1/3 of the position as i would normally enter in because its still a falling knife with earnings around the corner..
seems to be finding support at the trendline at 50ma, risk reward in the favor for longs.
15 min candle chart, needs to breakout off above the 200 ma in order for the run to continue. Keeps fading from that point!
looking for an entry to buy this one but still no indications this one wants to reverse as of now..
Prior support at 50 ma should act as catalyst!!
indicates a move lower should follow, looks little extended so should consolidate sideways for a day or two extra ..
Longs might need to be careful with this one as its showing weakness long term as of now..