Meta reached the top of the trend line about to get rejected. Watching it to retrace back to 30day SMA to break down from rising wedge.
Hi all, Coin has been trading in descending channel since May. With the current market condition and the chart set up, I'm planning to take a long position on COIN around 28$ range.
Roku in accumulation phase since Feb. Should start picking up stream here, near target 90$ long target 150$. I added some 80$ Nov 18th Calls at 5.20$ average
Chipotle hit upper limit of the trend. Yesterday I bought Dec 21st 1500$ PUTS at 9000$ average. Max stop-loss 2000$, max gain 10000$. Very high reward play.
Based on the previous price action, amazon is projected to hit 145 - 152 in the next 1 - 2 weeks then pullback to 114$. My trading plan: Start adding 150$ PUT 2months out when it hits 145$ and add more puts if it hits 152$
Today RBLX run on a big volume potentially squeezing many shorts. I'm planning on taking a short position if it hits 46$ until then I will go long on dip.
AMD trading inside falling wedge. Watching a small bounce at support line around 74$ to 84$. From there I'm planning to buy a PUT to 60$
So far ADA failed 3 unsuccessful attempt to break above the trendline. However the recent move shows us that there are strong support and buying interest at .80-.90 range. meaning there is a high chance that it could break the trend this time. I'm waiting for a final touch at .86-.86 to go long and planning to take profit around 1.15, 1.57, and 1.8 area. Good luck all
H guys, With this current selling pressure, we have strong supporting trend at 173- 175$ are which have formed since 2016. I believe we will see a sharp upward reversal in that area. However, with the earnings coming up in April 27th and seeing how Netflix performed during the earnings, there is a big chance that FB could follow a suit and sharp drop to...
Hello, SPY had a large sell off due to recent FED hawkish stand. Currently we created a support trendline since mid April and I believe the middle purple box would be the most likely bounce back area which is at 426 -422$ range. I believe we are due for strong pullback to 437$ by next week and RSI will also hit the support area . Here is my bearish long term...
Hi Guys, DOT finally looking bullish here. I'm watching closely on how it would react at the key resistance area around 23$ range. On the pull back if it can stay above the key support area 15 -16$, I'm planning to take a long position with the target price of 29$
Dot almost hit the upper part of the ascending channel. However, I'm seeing a major pull back as the price action doing high highs while RSI indicator doing lower highs. This showing a bearish divergence on daily chart. I'm taking a short position on DOT as it shows excellent risk reward ration.
Due to large bitcoin dump, a lot of the alt coins pulled back after breaking out from the trend. However, even with the pull back XLM still trying to breakout from the cup and handle for the 2nd time. I created a entry and stop loss points
Hey guys this is my analysis for bitcoin. Bitcoin is right now in a corrective move and if we can break above this downtrend channel, we will probably test the previous break below point which is at 52k, and if we can break above that level we will test 56k. Otherwise, if we get a strong rejection and fails to break above 52k we will probably see next buy...
There is a cup and handle formation on Link. I created the entry and profit area. 38$ pt
XLM breaking out from the cup and handle. I created the risk reward ratio for entry and stop loss
XLM is next for a breakout. I added the stop and entry price
Been watching for this stock for a while now. 9.66 is very important level. Today we broke the 9.66 level and shoot up to 10$ in the premarket and tested the same resistance level during regular trading hours. With over 2x daily volume, it's showing first impulse to the upside run. Going to slowly accumulating shares for it's next run 15$+