a nice long trade opp. from oversold level - chart showing incoming strength. a move to $20 - 22 is likely possible. SL - dec. lows...
we have head and shoulders with broken channel ..buy at 19.45 ..first target 24.20 .. finally target 28.00 stoploss18.26
Seems an inverce H&S is forming , we are close to reversal , strong support here
Trendline break Demand Zone confirmation (3/17/2021 drop based rally) Entry 18.2 Stop 16 Target 25 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
NYSE:ATUS pushing the extremes of the 99.9% probability cone. Bids filled at $17.55. Probability Cone is based on the Expected Move. While Expected Move only shows the historical value band on every bar, probability panel extend the period in the future and plot a cone or curve shape of the probable range. It plots the range from bar 1 all the way to bar...
Here's a deeper dive into my own trading plan for ATUS. Risk management is key here and I'm opting for the tighter stop loss for the bulk of my trade.
Altice USA, Inc. (ATUS) oversold on the daily! Based on support and resistance we have: Price target: 28.90usd Stop loss: 18.50usd
Two levels of interest for a possible reversal on Altice.
Looks like it's reversing to me. I have been reading a lot about trend reversals lately... so take that information for what it is. To me, it looks like its got major profit potential.... as do all trend reversals pre-maturity...
In previous chart published, it showed false breakout due to ER big sell off trapping a lot of bulls. This stock has been tough to crack. Now it has closed the gap. Will it breakout of the upper trend line this time for real? Price target - 38 Stop loss - 32.82. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes...
ATUS is hitting previous support. Look for a bounce similar to the last two times.
Altice USA shares briefly broke support and now it is pushing back up through it. In the past, when it has tested this support, it has bounced back up. In addition, the MACD and RSI indicators also look extremely bullish. I think this stock is pretty much a 10% guarantee. Target sell $38. Good Luck!
Break out $40 reiterated. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows...
Breakout target $40. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows...
$ATUS - 76% Short Interest??. Is this one ripe for a short squeeze?
Looking for a breakout here. Sell-point 40+; Will become clearer later. Cup and handle formation on the chart; it could breakout tomorrow or late today. More details as this unfolds, but a position has been taken, and the average cost seems pretty nice. -BEST N SHYT! -BDR
Haven't played this ticker before, but it looks like a solid risk/reward play with decent OI/Volume on 12/18 contracts. Potential Contracts: 12/18 35c 12/18 36c ATH breakout play. The entry trigger is the yellow line above ($35.40). Looks like this one really wants to pop off.