peter_bu

peter_bu

I wonder - landing zone around 22-23? What do you think?

peter_bu

Is this H&S formed in NQ1! in daily? I think currently price broke through neckline.

peter_bu Updated 

There seems to be no bottom for DOCU and nothing can stop the free fall here. Another support is around 182 and after that you may just say your prayers. I think you already can pull prayer book out of the shelf, because this is going down the drain.

peter_bu Updated 

I wonder if $AAPL will close the open gap. The wedge pattern seems to be lacking important part which is growing volume. In fact volume is falling. Thus I guess we will see more downside. 110 looks like very strong support, but it was broken today in premarket. NQ1 today indicates even more pain ahead.

peter_bu Updated 

It looks like NQ1 is oversold big time on 3hr, but on daily we still are not even half way through. Do we get another tank and stay in descending pattern? This should be confirmed soon if we break support level around 10800. Currently it has broken through a minor support at 11100. If that tanks then good luck tech stocks, $DOCU and $AAPL. I would suppose $AAPL...

peter_bu

I guess this could be a nice falling wedge pattern, but we are lacking growing volume. In fact the volume is somewhat same for last 3 trading days. MFl says we are heading up since it is oversold on 3hr, not so on daily. I would wait for confirmation of uptrend.

peter_bu

I hope for best, but on daily chart we are still not even touching oversold territory. A lot of things can happen, can't even rule out the market will head down again, despite 3hr chart says we are heading up.

peter_bu Updated 

Today ES1 is not yet there, based on patterns we normally see I expect some bump up and eod dump. I wish to average down and unload my positions, but it is not time yet...

peter_bu

Indicators looking weak today. I have depicted a descending channel - worst case scenario. I wish to see price breaking out the channel as I'm long and trapped in tech bubble pop.

peter_bu Updated 

Maybe just a temporary hype - exotic currencies pumping, gold pumping, DAX too. Let's see in 2 days. Can't really see source of the optimism - maybe planets have positive influence on trading...

peter_bu Updated 

This is stock-wide giant price manipulation! Look at the funny volumes before starting panicking! 1k volume doing such a gap? Wake up people!

peter_bu

Seriously all believe this is bounce back? I think we should wait, I have added alert when the price crosses down 250.

peter_bu

OMG - this is very interesting. I wonder what happens when stock market opens today :D

peter_bu Updated 

Well, try to answer for yourself, guys. Big whales in play?

peter_bu Updated 

Actual selloff started today, if the price breaks through 290 nothing will hold it and it will be hitting 260. 290 looks like a solid support but I guess from OBV trend we can't assume it will hold long and will be cracked tomorrow after a short rally by dip buyers. As I have open positions I will need to wait and balance the losses - I believe AAPL is solid and...

peter_bu

Just a quick idea to draw on paper here. Could we have been warned? Not sure if this could actually be useful - just letting the idea for discussion.