This stock really like to make expulsive moves, I marked up a few ones with blue arrows. Now is sitting on a support, no price action yet but it doesn't give you much time to think. So I just bought a bunch of this and now just wait.
You can tell this chart is manipulated but I got rid of my stop loss and drew a line I thought the chart would bounce on and here it is. These are whales washing out traders left and right. RSI is the lowest it has been in two years, I personally am holding out here.
This stock is heavily manipulated but looking to begin the range upward again. This is an example of how I map out risk to reward and why I believe the stock will trend upward soon. As usual the reward is always at least 3x the risk. Purple support has remained strong since April.
if we can break out from 6 month uptrend and above 13.25/trend resistance then I think move to 16-19 can come 🎯
rejection here and dip to 11.08-12.08 will come first before more rip..
recent PA tells me trend resistance breaks soon though, lets see.. boost and follow for more! thanks 💛
On the above bi-weekly chart price action has corrected over 90% since the sell signal (not shown). Now is an excellent long moment. Why?
1) A strong buy signal (not shown).
2) Price action is printing on past support, look left.
3) Bullish divergence.
4) Weekly Dragonfly DOJI candle.
5) No stock splits.
Is it possible price action falls further? Sure.
Is it...
NASDAQ:WW may be showing resilience off this 10 handle which gives me the impression a chance at 12.5 again may be in the cards, we'll follow to fin dout.
Price is trading at a strong support zone. Is holding the bullish pattern very well. I see a lot of potential to the upside according to past behavior. Now, it could take a few more weeks to climb higher, this is a 2 weeks chart. I already have a long position and sold same covered calls while I wait for the bulls to show up. I'm adding next week and wirting more calls.
Buy idea on WW as you see on the chart if we have the breakout with force the resistance line by a big green candle with a large green volume. In other hand, we will have a reversal trend if only if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume. Thanks.
On WW as you see on the chart we have the breakout with force the vwap and the support line by a big red candle with a large red volume so it's mean that we will have a big probability to have a downtrend. Thanks!
Leading into earnings, WW who recently acquired a company that prescribes weight loss medication through telehealth with Ozempic being the hallmark medication. Earnings for this medication and service are slated to be high on rather robust earnings to begin with. We first showed interest in this stock this year near a low of 3$ and have been rolling calls all...
Went up too fast and very close to the Feb. top, could form a double top.
The volume is also too big, sign of exhaustion.
Bought April $7.5 put for $2.60. My break-even is $4.90
I will close my position before expiration.
Target: the gap-fill at $4.25
Placed a GTC order to close my long put at $3.4
"Perhaps it is one secret of their* power that, having studied the fluctuations of prices, they know that history is inflationary, and that money is the last thing a wise man will hoard."
*the Medici of Florence and the Fruggers of Augsburg to the Rothschilds of Paris and London and the Morgans of New York
Will Durant
I am no economist, but the charts say that...
WW 1D Wolfe Wave bullish completed 11/7. A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
Interesting trade here. Uptrend, in a longer downtrend channel, inside the main long term uptrend channel. Falling wedge with a possible H&S, but a slight dip below neckline on the left shoulder makes me think a fake out and makes an IH&S. Also while not a true gap to the left; dotted lines represent potential weak area in price and could see it run down to the...
breakout on 6 times to average volume on strong earnings
finally passed 30-31 resistance level
it seems that the stock has enough fuel to get to 40 area
