The chart speaks for itself. We are at a pivotal point in the market especially with the upcoming election. A/D line must hold up and we need a bounce on Monday *vaccine* lol
This is a tricky one but I want to be long on BYND. As you can see as it has held support over the past couple trading sessions it has been accumulating volume and is setting up nicely to make a move to $200. This one is wanting to go higher and in a market with not a lot of major competition BYND could make another run up. *NOT INVESTMENT ADVISE*
I think DDOG is about to go on a long uptrend. It is in a continuation patter or triangle/wedge whatever you want to call it and it had exponential volume to the upside. Look at the chart and see how similar they are. *NOT INVESTEMENT ADVISE*
SRNE is an interesting one. Just looking at some moving averages it might be looking like this stock is headed towards a massive run. If you beleive history repeats itself then you can see that the last time the 20EMA crossed the 50MA was in April. SRNE has not accomplished that yet but if it does I think it could be rather good long position. I would set a stop...
This is a textbook symmetrical pattern. I have traded this stock before and I do like how it moves. If market conditions are good in the morning I would think about buying this one. The point of control for the range this triangle is in is about $15.89 so if I were to buy I would set a stop limit a little under there so you wont get faked out. Solid chart all in...
I am not a Fibonacci expert by any means but it does seem to provide good direction of price movement. I use it to see if Fibonacci is lining up with what I am seeing. You can also see that the 20 EMA provides pretty accurate support and resistance so I will wait to enter this trade until PLT can get on top of the 20 EMA. PLT reliant on market so make sure...
All stocks eventually retrace. For more reasons than one I think the Gold run is over. I think stocks will continue to be bullish as we progress through this covid era. Technology is booming and holding support even on sell offs. I believe BTG is forming a descending triangle and will retrace to the 33% level which is found a lot on retracements. However, BTG is a...
I traded this one on the way up to $15 and I believe this stock just experienced a pull back and it will be on its way back to $15. As always there is risk so manage because as you can see on the chart this chart does form triangles and they can be both good and bad for the bullish movement. *NOT INVESTEMENT ADVISE*