Wedging down Triangle. Bullish Divergence in MFI, RSI & MACD. Bullish Crossover on MACD
Three gap pattern indicates exhaustion. Bullish divergence in MACD.
Monthly Bullish Hammer a close above $80.23 in Feb needed for confirmation.
Lower Low, but Higher MFI, indicates Bears are exhausting. High possibility of trend change imo
Acc/Dis line indicates significant accumulation at these prices
Ambarella Inc. has a very nice trade setup in the daily chart. We can enter at market with a tight stop, so I think it's worth it to take this trade. You could initially book partial profits on a daily high retest to make the trade risk free and aim for the time and price target on chart. Estimated time of arrival is by December 31st or sooner. Good...
Scalp and gap play Confluence zone around gap DMA 50 comes to the rescue. T.W.U.C @BLawrenceM Music at work: www.youtube.com open.spotify.com
3/5/15 Update We Keep Knocking on the door of the wedge and are turn back each time. Once again that is why we have a trigger on rather then a buy signal on a range. Until we break out of this wedge we will continue to roll over. I am looking for a rotating back down on the 30 minute stochastic and the a pull back on the hourly and the final rotating back up for...
AMBA expected to open at 63.69 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
These are my notes on my other chart about GPRO will follow TWTR's post lock up trend. But this chart is just the GPRO chart. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down....
(Updated from earlier today because I readjusted the Channel Lines and looks like possible lane divergence on Daily could be setting up) This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to...
This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down. But overall gpro is still following what TWTR did...
I am looking for AMBA to bounce off of its 100MA and lower channel trendline. I do caution that I believe we might see a flush through the MA and trendline before using it as support. With the gpro lock up, we might we support levels flush through before bouncing. I have set up a buy target just below the MA and trend lines between 48-49. I have a tight stop of...
Updated 2-16-15 I did an updated on 2-12-15 but it got tagged as a Twtr and not a Gpro chart. Updated: 2/12/15 This is an updated to my "GPRO WILL FOLLOW TWITTERS PRE-LOCKUP CHART" chart. The major important update here is that I have changed the channel lines that I had before. New Channel in Red: Support around 42: Old Channel in Dashed Black: Support...
Updated: 2/12/15 This is an updated to my "GPRO WILL FOLLOW TWITTERS PRE-LOCKUP CHART" chart. The major important update here is that I have changed the channel lines that I had before. New Channel in Red: Support around 42: Old Channel in Dashed Black: Support around $35. It looks like the new channel has acted as support in the past. Gpro actual bounced off...
I am looking fro GPRO to follow a similar path to Twitter before and after its lock up. Twitter's Earnings before Lock Up Beat: Stock Dropped 10% Gpros's Earnings before Lock Up Beat: Stock Dropped 10%+ Twitter Bearish Stochastic leading up to lock up Gpro has a bearish stochastic leading up to lock up Twitter dropped days leading up to lock up and 14% on...