NYSE:NIO bull flag breakout on 1D, broke out of downtrend channel. Failed to break out past &, now looking to re-test. Above 9.54 looks good for leaps past $10. Eyeing May calls and shares in this spot. Stop loss below $8 on shares.
Rounding bottom formed and in tact above 10.15 area
With lower highs we have a bearish continuation pattern. Daily candles broke the bear trend but we don't have a confirmation candle of the move and we haven't change patterns to a bullish pattern so still playing some shorts mixed with my longs on tickers like RIOT and MARA.
AAPL is the chart that our members chose in chat for me to review daily. This chart study will include the following:
Trend Analysis
Comparative Analysis (Compare to broader market)
Volume Spread Analysis
Conclusion & Trading Plan
Please note, my goal is never to predict. It's to analyze the market and produce reasonable trading plans based on my...
