Clear uptrend on Oracle #ORCL american stock. Planning longer term longs at Monthly demand zone. Buy at nested lower timeframe demand levels and imbalances. Buy call options or protective married puts
Strong weekly demand level on Facebook at 151.96 for long term setups Longs at weekly and daily demand imbalances Potential demand being created higher around 166
New Weekly demand formed on APPLE #APPL around 151-ish. Previous weekly demand level at 143 played out really well. Long bias. Potential weekly demand imbalance being created around 159.
FOXF breaking higher, longs at weekly demand and monthly demand zones around 33 and 27.50 price areas. Clear bullish bias with new demand imbalances and levels being created.
Long term buy setup at monthly demand level around 54.83. Clear big picture long term long bias at areas of demand
We are long on the Amazon. Targeting the near term resistance on the AMZN, at the 963 area. AMZN in the near term is technically positive. We recommend an opportunistic buy with an entry below 944.76 with a primary target at 963.23.
Under Armor missed their revenue target after 26 consecutive quarters of at least 20% revenue growth. Since trading above $52.50 in 2015, their shares have fallen 60%, now trading under $22.00. This article from spring of last year sums up the "athletic wear" market pretty well. For me, I think this stock needs some time to settle down. The article speaks...
$REN I will be looking to short depending on Price action at the open. The stock is a previous runner where it managed to almost get to 9.00. However, following four days of solid volume with massive gains, the chart looks over extended and had fading volume. I will look to enter on the open or possibly into the late afternoon to hold over the weekend depending...