The_Gains

The_Gains

Looks like we had a bearish breakout below the wedge. Can see this pulling back to the .236 fibonacci. Short profit target $61.50. *DISCLAIMER* I will say this is possibly a high risk play as it looks like price action is pinned at the .382 which can also be a reversal point like the .236. That being said, if you are long this is not a bad place to DCA but I...

The_Gains

I can see this breaking below the wedge and pulling back to the .786 fibonacci. As always - wait for breakout before entering this specific type of wedge play. Use a stoploss -not financial advice

The_Gains

Currently in a wedge, breakout will determine direction. Hoping for the upside!

The_Gains

We have earnings tomorrow but friendly reminder that we did have a major breakout from a bullflag, all things held constant we should approach our profit targets nicely.

The_Gains

Possible double bottom here forming around the level 2 fib. Use a stoploss please. *this is not financial advice*

The_Gains Updated 

As we can see we had a reversal break below the rising wedge, short profit targets are the 1.272 fib and 1.618 fib. *This is NOT financial advice* USE A STOPLOSS PLEASE

The_Gains

As we can see there is a possible double bottom forming here. Profit targets are as shown. *this is not financial advice* Use a stoploss please

The_Gains Updated 

If support here holds at the .786 fib (light blue line) NVDA will see new ATH. Profit targets are as listed. Use a stoploss please. Also - May is historically good for semiconductors. Bullish! *this is not financial advice* please use a stoploss.

The_Gains

double top is facing rejection with the current triple bottom forming... profit target is 185. *This is not financial advice*

The_Gains

Scenario 1: M top, we'll go to $40 Scenario 2: stay in wedge until bullish breakout. Scenario 3: stay in wedge until bearish breakout, goes to $40 feeling bearish on it. *this is not financial advice*

The_Gains Updated 

Updated idea model with redrawn support lines. Should bounce here, if not i'm buying more shares at 32 and 24 if it gets that low.

The_Gains

Excellent buying opportunity at $26 for RDDT *This is not financial advice*

The_Gains Updated 

Normally don't use exponential moving averages but assuming the past holds true this might work. Granted, the interest rate/inflationary/political climate is much different now than in 2021 so price action may not act the same but all else held constant I think we could possibly bounce off this level.

The_Gains

Massive head and shoulders forming. We are literally 5 points away from bottom here, there is literally no down side. If this fulfills it is an EASY play

The_Gains

As we can see we had a bearish break below the wedge/flag. This is indeed a reversal indicator. We can see this pulling back to either the 1.272 or the 1.618 fibs. Great DCA levels.

The_Gains

My bear case scenario for VSCO has the stock dropping to about $5 before heading higher. I will say current price is finding some support (horizontal green dotted line) which if it holds can cause a wedge to form sending us higher. That being said, I dont think the drop is done. If you are going to buy at these levels it is not a bad idea, but dont go all in and...

The_Gains Updated 

Potential bullflag breakout on the daily as well as confluence with an MACD bullish crossover on the daily chart. I'd buy some options here.

The_Gains

As we can see before a big spike in vix we have a consistent historical pattern of getting wedged. We recently broke out of a major wedge hinting that we may be in for some high volatility.