TREE - TGT 310-315 TIMELINE 2 - 3 Days
Look at the gap to the next moving average on the weekly chart, 200 MA. If we break this weekly hammer candle we could have a nice little slide to the this next support. If it bounces this would be a nice buying opportunity for a long swing also. Good money to be made either way
This may drop even further before finding the support, for now it seems to be right on the support(break down possible in coming days)
See attached. Hope you were patient with me.
TREE As noted in my previous post on LendingTree (linked) this is a patient trade that requires a trader to display discipline and belief in the trading plan. The accumulation zone was noted as 285-270 in previous post, and this week TREE hit sub 285 for the first time on the pullback in formation of a true cup and handle pattern. I say "true" cup and handle...
TREE Dont jump the gun on this one, but rather over the next 6 weeks begin accumulating some Lending Tree shares or options in anticipation of a continuation pattern upwards. See below for more close up look. The cup and handle pattern is one of the most misused patterns I see on here, as everyone just wants to call any round bottom a "cup and handle". They are...
As the name suggests, it's a dollar tree. Money Does Grow On trees... Don't they?
THERE IS BOTH A SHORT AND LONG OPPORTUNITY IN NASDAQ:TREE , THE STOCK IS SETTING UP FOR A BREAKOUT BUT THERE IS SOME BEARISH DIVERGENCE ON THE CHART, A BREAK OF $400 BULLISH, ON THE OTHER HAND A FAILED BREAKOUT IS A FANTASTIC OPPORTUNITY TO SHORT. SHORT INTEREST 24% COMPANY PROFILE LendingTree, Inc. engages in the operation of online loan marketplace for...
Rising wedge with over head pivot points. Bullish
It's been a little difficult finding charts worth my time to post. Not only because just about every ticker is in top 10% of its historical IV% percentile, but to me, I just don't see the opportunities some other people might in being long. Nonetheless, I still don't even think people completely understand the fragility of our financial market. Not only are...
it is the 1.618 level, it might be tested again
43% discount from the high, it will drop more and then go back to new highs longer term once even more credit gets unleashed in the system. Short for now is easy money. Really does not mather how expensive the optionchain is, nothing is stopping this from falling further atm. I would suggest some medium term options (half year) nothing more.
Huge move today and still more to day. I like this to the 100MA on the weekly chart. I love the last 2 times we had big moves on the stick because it ran for multiple days and big moves.