Above 170$ AAPL can break the resistance trendline. 175$ would be a target if we can get above the trendline.
PFE Weekly Chart : - Broke Downtrend trend line. - Meet 10 EMA on the weekly = important resistance : we are seeing rejection of the 51-50 levels. - Holding 48$ level is crucial for PFE to stay in it current uptrend. Above 51 PFE will likely go for the gap fill to reach around 52.70. - With current market condition it is probable to have some kind of pullback...
$CCO a long breakout setup could be seen here on the weekly chart as we can identify a Spring/Test from Richard Wyckoff schematic. Entry : 3,75 Target : 4,30 SL : 3,22 RR : .55/.53 Solely Trade Idea. Not investment advice.
VCP pattern emerged in this BABA daily chart. Long above 127. Target 138 and above. Mark Minervini is the reference guide to what is a VCP setup.
With Russia creating tension in east of Europe, the safe heaven of inflation is finally moving higher with hopefully a sustainable move to the upside. My method of analysis is the VCP pattern setups for all my swings. Refer to Mark Minervini for the detaisl of the VCP setup but basically it ensures that no selling pression is near overhead of us. Weekly candles...
I got in AMD overnight swing with 128C/132C debit spread at 1.65. Thse should open around 2. Resistance are 134.55/137/141.25
Obviously the whole world knows that BTC broke out of this downtrend resistance line. Here are some key levels to the upside if the trend is sustainable.
XLE has blown past nearly all of my price target to sit underneath 69$. Daily chart is showing some sign of relief.
$CRM nice lower shadow and an inside candle. Can this projects us higher or lower from here ? Drop a comment of what you think of the outcome
AAPL chart for week of Jan 31st 2022. Tech is looking like it wants to rally after MSFT and AAPL reported good earnings. Chart above are some key resistance level to keep on watch for this week of trading. More big growth tech will be reporting this week as AMD, AMZN and GOOGL. Be water.
AA looking good here underneath multi year resistance
Aiming for Marh 90$ contract for March 18th currently at 130$. 2022-01-25
While the SPY, QQQ and IWM are tanking, KO is making new highs with extremely strong volume on the weekly timeframe indicating that institutions are positioning in.
This is what famous trader Mark Minervini call VCP pattern (Volatility Contraction Pattern). We can see how during the last swing for FB the VCP developped through out 29 weeks and now FB is looking very similar...Are we gonna go upside or downside here ?
$MSFT is back down to its 30 SMA on the weekly which is equivalent to its 150 SMA on the daily timeframe. The 30 & 40 SMA on the weekly form a nice dynamic support range for MSFT which has been a top performer in 2020 & 2021. We can expect some institutional buyers here. Let's see if they will show up. RSI reading is breaking below 50 meaning this can be the start...
Well above 200 SMA : Was able to close above a resistance. Nice opportunity to get in at EOD. Study combines 5, 10 EMA + 20, 50, 200 SMA + Ripster Clouds
TSLA looking still in a consolidation possibly will we visit lower for a short term standpoint ? Need to take back the 20 SMA to catch more ask !
See arrows to indicates direction of the volume. Seems like this is a unfinished auctioned conclusion happening meaning the jump was too quick by an institution. They want to absorb all the supply every trading hours to complete their full position maybe ? Green light with a (1.000) ratio are fibs projection forming potential support if we break the strongest one...