As the title states CRYPTOCAP:BTC shows a bullish pattern of an ascending triangle. Once we get a break of the shaded rectangle we can look to entry long with our stop just below that area. Looking to ride this into ATH and targeting roughly $75k to $80k. trade safe!
This video breaks down how i took a trade on NASDAQ:NFLX short today and how to avoid the mistake of taking reversal trades when using the RSI and MACD indicators.
NYSE:TGT looks to fill the gap it created after earnings. This play is simple and if TGT closes below $165 today we can look to enter short and run it into the shaded area. Trade safe
Amd recently broke out when it cleared prior resistance at roughly $185. it has since shown some weakness and a possible pullback to that $185 area. The 1hr TF shows that we have started to pivot and a break of the $200 whole number was confirmation as well.
With the recent bearish news on NYSE:BA we can look for a support break at $200 and take it short. Boeing in showing weakness in al technical and fundamental indicators.
NYSE:SNAP always falls after earnings only to recover! we see bullish divergence on the RSI and a HUGE gap to fill overhead. Looking to play the bounce here with selling the $10/$11 puts.
If you follow me then you know that we played the GAP fill on NASDAQ:TSLA with success and now we look to change our view and go bearish. Some have sized this up as a Bear Flag but i see a rising wedge formation that has broken down and we look to short $TSLA. I have given it room to move with such a massive move down but we should see continued weakness and a...
Nothing crazy here but NASDAQ:ROKU continues to follow that downward trendline and respects the previous supports broken. If this turns down from the current test of resistance then the short play is intact. BUT if the trendline is broken along with resistance, then this setup is nice to take long considering that the RSI indicator appears to be bottoming a well.
With recent surge in chip makers and AI tech. NASDAQ:MU is a great name to watch after the recent trendline break and RSI curling!! Looking to take this name long this week over $87.
To say this name has been on absolute fire lately is an understatement and its hard to not put it on our watchlist every week until it cools down. The TA is simple here, i like NVDA long if it can reclaim $800.
This chart is interesting because as you can see NASDAQ:GOOGL has had a STRONG uptrend and continues to respect the trendline over time. on the other side we see that we have weakness in the near term and have breached the 50ema and the shorter term EMAs have crossed. If the trendline is broken we can look to short under $139, if we see a bounce materialize here...
NYSE:DIS found support at the gap area and looks to break $113 for a nice long set!
We see that NASDAQ:ROKU has started to bottom after earnings. The yellow circles below show that when the RSI has bottomed price has then risen. We also have a gap to fill after earnings and we are right on the trend line up. I like shares down here along with some cash covered puts at about the $60 strike,
NASDAQ:HOOD recently broke through resistance from the recent high. The shorter term EMAs (9 and 21) have crossed and we see bullish divergence (RSI) on the daily timeframe. This builds a strong case for the bullish narrative. We continue to look for strength and go long over $14.50
Overall with the chip sector on FIRE, i like NASDAQ:AMD here to continue its hot streak and hold the $200 whole number. I'm looking for higher highs and looking to take this name long over $205. If the $200 number doesn't hold at support then short opportunity will be available with a price target of $190 - $185. Play this safe!
I am watching TVC:GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before...
Looking at EURJPY we has a sell signal on the means reversion Strat with the RSI starting to curl over. The play is simple here and we are looking to scalp 25+ pips off this move. Stop loss is set to 163.25 and take profit is at 162.35
We got a buy signal coupled with bullish divergence on the 4hr timeframe. We are targeting 1.06200 and have a stop loss of 1.0561. Should get some sort of relief before the trend continues.