Disney had an excellent earnings report last week. Today it is moving off its support of the moving average cloud on the chart and going higher on a day when the general market is sideways at best. A table shows its strength as compared with other commonly traded stocks. I will take a long trade here and perhaps hold it until the next earnings.
Netflix (NFLX) has gone a long way since our November 28 2023 buy signal (see chart below) that reached our $580 Target, giving more than +20% return: As the price has been consolidating for practically 2 weeks, it is time to update our outlook for medium as well as long-term investors. The long-term Bullish Megaphone pattern that started on the July 13 2022...
On 1 120 minute chart, SIRI is now well positioned having tested the support of two sets of VWAP bands anchored back two earnings periods and so 3 months apart. The mean VWAPs are confluent and so form strong support. I expect the price to return to the early December high and test that level. In the past day a buying volume aberrant spike was printed. The...
Jan 04th 2024 1. The weekly swing is bearish on the weekly time frame. (See green 1 for strong market structure) A. I expect price to move through my risk management strategy to move from 1 to the 2 on the weekly timeframe 2. Price is currently in the equilibrium between the weekly high strong (see green 3 & 4 for reference) Price is more likely to move from...
Spotify (SPOT) opened considerably higher yesterday but almost closed the 1D candle flat as it couldn't diverge more from the general bearish market sentiment. Clearly this opening jump indicates the stock bias to continue the bullish leg of the Channel Up that started on October 23, but a small pull-back along the majority of the market is probable, which can...
Almost a month ago (October 31) we gave a strong buy signal (chart below) on Netflix (NFLX) with the price reacting immediately having entered a non-stop rise: Due to the sheer aggression of the current bullish leg of the Megaphone as compared to its previous ones though, we have to downgrade our medium-term target to $580, which will make a perfect +69.30%...
Storj is about to print an evening star, could lead to a leg down to 200MA support. ⚡️⚡️ #STORJ/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.8X) Amount: 5.0% Current Price: 0.4425 Entry Targets: 1) 0.4455 Take-Profit Targets: 1) 0.3515 Stop Targets: 1) 0.4925 Published By: @Zblaba $STORJ BYBIT:STORJUSDT.P #Storage...
Netflix (NFLX) has established itself above the 1D MA50 (blue trend-line) since the aggressive price jump of October 19 on its bullish earnings. Still, the price is failing to break above the top (Lower Highs trend-line) of the blue Channel Down and technically the longer it fails to do so, the higher the chances become of a rejection. Until that happens, we can...
The positive performance of Comcast's shares coincided with a buoyant stock market, as the S&P 500 Index and the Dow Jones Industrial Average closed at 4,358.24 and 33,739.30 respectively on Tuesday. Despite trading volume for Comcast being reported at 15.4 million, below its 50-day average of 17.2 million, the company's stock outperformed several key competitors...
Netflix (NFLX) had a great run since our March 23 long (see chart below) and gave us more than +51% return in 4 months: The long-term pattern remains a Bullish Megaphone and right now the price sits on its bottom (Higher Lows trend-line) as well as the 1D MA200 (orange trend-line), which has been unbroken since November 10 2022. On top of that, the 1D RSI is...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Never Bet against American Families and Culture The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California
Looking for trade opportunities in the futures market educational content. For live traders
NETFLIX - We can observe a typical example of head and shoulders pattern formation that is looking to conclude right around earnings on the 18th of this month. The pattern suggests that if we see a drop to $280-$290, we can seek a $70-$90 raise in the upcoming week after the earning report relies on the 18th of this month. NETFLIX missed the last earnings with a...
Bias: Big gap up into resistance so expect a pullback early on but ultimately expecting a bullish move higher Top Watches: Long - CARR, C, ENVX, MU, INTC. Short - STEM Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and...
LivePeer Token is pulling back to 200MA after breaking the downtrend, a bounce towards Fib 0.786 would make sense. ⚡️⚡️ #LPT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.8X) Amount: 6.3% Current Price: 8.515 Entry Targets: 1) 8.472 Take-Profit Targets: 1) 10.694 Stop Targets: 1) 6.987 Published By: @Zblaba Risk/Reward=...
It will pop to post earnings and run to 272 in comings weeks no doubt.
Bias: Choppy Neutral (Leaning Bearish) Top Watches: Tune in to my Live Stream @9:50 EST for my list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!