Watching for a decision soon. Close above $103 looks bullish to 115-120, possibly extending if a bull flag forms in this area. Bearish on close below the ascending trend line to 90 and 75 supports
I've add some lines for a developing channel. There's a gap to fill right below the current price at ~$14.50. It could fill and still maintain the trend and added channel. Best case scenario, it closes with a hard bounce early AM. If it loses $14, however, I'll likely assume the short scenario. Disclaimer: This is my own speculative opinion and is not financial advice.
Looking for a break of the $45 - 45.75 resistance in the next 1-2 weeks. Targeting $49 ish. Disclaimer: This is my speculative opinion and is not financial advice.
High volume selling after earnings (2 black gap candle formation) pushed LOW down to $92 for a brief test. Since then it has been consolidating slightly above. I think it could retest $92 for a possible double-bottom, or worse, break-down to new recent lows possibly around $86-87. I have a tight stop of $98 as it has already consolidated a bit here. Depending...
Updating my thoughts on my previous idea about a CRON when it exited the downward wedge for a possible breakout. The first two days looked promising, but since it has not been at all positive for CRON or SPY . I'm adding some expanded possible influences in this view to try and get a better understanding of the next possible move. There's a combination of...
Pinterest has had a double-bottom right near the initial opening IPO price after a large unexpected loss on its first earnings. The price took a solid cut, but investors are still bullish given its solid numbers in revenue and user activity (definitely more important, to an extent). I'm tracking two possible scenarios: 1) The current price is sitting on the edge...
Possible morning star pattern a few days ago. Stock looked bullish despite the market sell-off. Pattern doesn't indicate short or long-term reversal, but good bet to move towards nearest resistance (assuming market allows). Disclaimer: This is not investment advice.
I was tracking a few different trend and wedge possibilities. Today it looks like SPOT broke down below all of them. Not a lot of history below 130, so mostly new territory for resistance. Possibly 120, 113, 103 looking at recent bounces.
If F breaks below 9.95, I expect gap to 9.62 to be filled
CRON broke-out today on solid volume and a strong close. Expecting a new uptrend cycle
I came across this and immediately thought short opportunity. Looking at the recent chart though it could be a bull flag/pennant. Disclaimer: I'm not an expert of any kind. Just sharing what I see.