NASDAQ:META weekly: bullish engulfing candle daily: bull flag breakout & close above 9/21 EMA Targetting equal highs and more optimistic new ATHs
NASDAQ:MSFT bounced off of a big support level that has held multiple times over the past 2 years stop would be weekly close below the wick that is it
NYSE:DE is still a bull flag, since the last post has multiple supports coming together in the 420-410 range: * 415-410; a level that was previously a resistance and can flip to support * weekly 21 EMA @ 415 * Ascending support coming up @ 415 * 0.618 fib @ 418 (from the nov low to nov high)
NYSE:ABBV is ready to move now. After the stock started ignoring bad news, and made a higher low, it is showing constructive signs. It has now closed above the Daily 50 SMA now and broken out of the weekly consilidation. Currently a double inside-month contender. Gap above at ~181 and ATHs above that, so can move quickly if healthcare stocks start moving
the inverse head and shoulder failed, NYSE:JNJ is now close to the bottom of this multi-year flag... it must hold or a bigger flush may occur, given the stability of the company, I am leaning towards a bounce and buying a few shares for the long term no options till price close above the 9/21 EMA on the daily (at least)
NYSE:FINV is setting up on the weekly chart, forming a flag On the monthly chart you can see a descending trendline that has been tested and looks to be broken on the daily, if broken on the weekly & monthly can be significant Stop loss choices are 6.6 (9EMA weekly) or 6.2 (21 EMA weekly) Take profit choices are 7.3 (has been resistance twice before) 8.0...
After this bull flag breakout idea: NYSE:PG has retraced back and giving 4 confluences to go long here: * Bouncing off the Weekly 50 SMA * Bouncing off the Daily 200 SMA * 0.618 fib retracement bounce * Bounce off of the ascending support line since 22' The risk is weekly close under 50 SMA The profit targets would be 175 & 180 I am looking at the 180C for...
NASDAQ:OKTA had a great earnings report and is currently bull flagging on the daily... on the monthly chart we can see a bigger compression happening and the daily consolidation is happening at the top of the monthly resistance... it has also successfully tested and closed above the 9/21 EMAs on the daily a breakout can lead to a big move alerts are set on...
NYSE:DE had a great ER and exploded out of the multi year range, only to come back in... it bounced off of the 50 daily SMA and now forming a bull flag if industrials catch a bid, this can move, alerts are set on breakout also has a huge volume shelf support from the multi year consolidation
Has had multiple bad news on trials I see it bouncing off the major TL and pointed out the potential scenarios I will buy LEAPs on it once a higher low is set.
NYSE:PSTG is bull flagging, has been in a range for the last 3 weeks Had great ER & guidance has been digesting the move ever since very constructive, could test ATHs in the next month or so alerts are set
NYSE:JNJ has been consolidating for over 2 years on this range now: * monthly bull flag * forming the right shoulder of an IHS on weekly chart (can even see it on the monthly) * healthcare sector oversold, so can see a bounce a bounce could push JNJ to test the upper trendline at 165-166. The IHS neckline is at ~170 and the measured move puts it at around...
One of the best in consumer staples right now, big lower wick and held the horizontal and ascending support...can go nuts. can buy shares and be stress free instead of options... better way would be to buy debit spreads for 1-2 years out to amplify returns
NYSE:MDT is breaking out of this multi year base. * The current weekly close is super strong (if it closes like this) * no MA resistance on the daily (above 50,100 & 200) * Above 50 & 100 MAs on Weekly * IHS breakout on the weekly chart, followed by a flag and retest of support zone I am currently in the 90C for Jan 2026 with first target at weekly 200SMA
NEE double inside days, XLU as a sector is also bullish
NYSE:UNH in this 450 - 550 range since 2021, ER tomorrow morning gapped up on the daily chart and now retesting the TL if ER is good, and it breaks 550, its gonna go to 600, IMO.... 3 years of compression
Technically oversold...might bounce if a recovery rally ensues
NYSE:CAH in a wedge and looks like it invalidated a head and shoulders pattern earnings coming up Aug 14, might be setting up for a breakout