Buying shares here at 30 Target 40 OCO for 26, 40 Risking 4 for 10
It broke previous Daily/Weekly highs but then sold off. "Look above and fail." This seems like it has been correlating well with the general market sentiment which could be good or bad. It took off to take the highs but now it closed exactly in this 1H range. If it breaks below it I'd exit anything net long. The next downside target would be this larger 4H zone...
Initial forecast was correct. Middle channel trend line aligned with red supply zone although didn't really reject as hard as I was hoping. This leads me to believe sellers aren't as strong as they were and could be met with aggressive buyers(never short a dull market; seen chop the past 2 days) Predicting it moves up to the next trendline then rejects around the...
ATH line was breached the sold off in Supply Zone weeks ago. Current touch makes it 5th attempt to get over. Thesis: The next month will feature a few attempts to overcome and stay above Main trend line. It will get into 4053 supply zone but fail before 4100. Target: 3765
Think we venture down to 3840 into lunch and potential use that as a takeoff spot for tomorrow. Could potentially rocket through Daily Supply towards 4000 if rate comes in at 50bps or they hint at a pivot. Cem references populist moves. Today's tweet about Biden supporting it could have been the signal it's coming sooner rather than later and banks better get...
Potential reaction off of downward trend line. Buy zones marked with rectangles 1st Ellipse is double top 2nd is where I'll look again for potential entry area for longer term spreads Warning: could see draw down further similar to last time trend line was tested before rally
We close below this range, I exit and reenter lower. We hold this level, we've cleaned out all the sellers and ride it. Enter at own risk. Biased with my sizeable percentage of shares.
Noticed previous TA I did on AR Weekly buy zone offered a response. The bottom of the handle is rejecting at the top of the red zone as you mentioned. Seems like a good R:R for Long
Rally Base Rally Rally Base Drop Drop Base Drop Drop Base Rally Work on all time frames Provides entries Gives stops Decreases risk
Looking like this is going to run up after it goes above current resistance
Tic shared 52-53 as a level. Found weekly support at this level that hasn't been touched before(fresh) Will probably buy shares here and sit OR sell put spread to soak up premium rather than calls.
daily and 4hr demand zones listed 4h seems responsive this week but a littler nervous it's selling off into this zone. No say if it will respond again Usually if there's a sell off before earnings it's the 1 of 2 things. Info leaked and people are selling off to get rid of stock, or big players are getting other people in lower to explode. Knowing risk is...