I think its wise to hedge here. Its often a waste of money but now is not one of those times. Caution.
Retraced the FIB from post covid ATH breakout almost perfectly.
Fastly was beat down on subpar earnings. It was a nice long off the low. Scaling in and adding to position at each fib retest. Have to be patient with this one. This has been a month long trade thus far. A hold below a previous fib and I will exit the trade.
Huge beat last earnings. Slow run up and then a spike after. I expect earnings to be priced in a bit here and we get a better run up leading in. I think we have to take profits prior to earnings though if the market prices in a beat or at least solid earnings. Earnings 11/16/2020 I'll be buying the dip again after we find a bottom after following earnings. Some...
Looks like a lot of upside even though things seem rather volatile. May have a tweaked version of EW. Reversal at any point could be harsh though, so stay nimble. $QQQ $TQQQ swings and scalps.
Cup and Handle set up with a company that is in an increasingly high demand market. MACD cross. RSI Power Zone. They outperformed projected earnings and dumped on good numbers. $ZM has outperformed them in growth and market price but I don't see this as a very brand loyal market. Zoom will get some competition as companies look to streamline administrative...
Huge cup and handle forming. May be a great opportunity...
We should see this eat up at least part of the gap. The dump was due to some bad news on one of their new treatments. ST Long
Since we hit the "bottom", we've had 5 up trends for an average of 8 days each. We've had 4 downtrends for an average of 3 days each. We are currently on day 11 of the current uptrend. We are due a downtrend but it is very likely that there will not be enough downward momentum to carry us past a few days of downside. If we continue on in this pattern it will be...