the pattern that is forming is very similar to the pattern for the run up to earnings on Feb 8th. The current pattern is just on a smaller scale. There's a double tap at the top of the +2 Regression trend. 9 is crossing the 20 SMA to the down side. BB is starting to squeeze and RSI is facing down. There is a nice support ledge at 163.40 on the volume profile....
With the double tap on a -2 deviation and surprise earnings in the positive, we should see some upward movement on GS.
Looking for a retracement similar to previous earnings. Indicators are showing some signs of reversal but will wait for confirmation on the reversal before entering swing trade.
OK so I charted this a while ago to go to 785. well now it's beyond that and I'm just going to hold until the split on 7/19/21. what happens at open on 7/20/21 will determine what happens next.
TSMC is providing chips for AAPL and AMD until they can get their chip shortage under control. A clear winner in the current sprint to catch up, but maybe not for the marathon. American companies should be getting funding in infrastructure bill to help them get ahead in the future, but for now I think this play is the best one. RSI & MACD are currently flat...
Another chip shortage stock and this one needs more input to make a decision. Look for consolidation until mid July. 9/20 EMAs twisting, 50/100 SMAs twisting. RSI is facing up but the MACD is flat. 2 outcomes with equal profit/loss outcomes. Bearish: KL drops below 55 and holds sees a drop to 51. Bullish: KL rises over 58 and holds sees a rise to 62 to fill...
AMD has been consistent over the past year. The chip shortage could blow this whole consolidation out of the water and I would need to revisit then. following the previous patterns. I bought at 82.42. looking for a swing to 95. It has been going according to plan so I moved my stop loss up to 93.25. Looking to exit Tuesday/Wednesday for a 12.50 profit. Will...
AAPL currently following previous trend between the pucks. Bouncing close to the -2 deviation and making it's way back up to previous ATH. Also filling the boat. If it can break above the previous ATH then we can see a run up to +2 deviation as previously done before.