Bounced off the top of a previous channel which is now acting as support. Ready for the upside
Nice consolidation we've had for the past week. Looking for upside action headed into investor day next week. Looking to retest all time highs and blue skies from there!
Cathie from ARK has added DKNG into two of her funds now, ARKW on 2/1 and ARKF 2/8. This created a nice pop in movement outside of the channel. Now the top of the channel is acting as support leading into ER at the end of the month.
18.52 showing good support at 78.6% on the fib retracement. The first targets we're looking for are 22.51 and 25.10 areas. Something to also keep in mind, short float of 72%
Great breakout from the triangle, ready to test new all-time highs!!
Target is at the bottom of a long-term channel. Ready to see some upside!
Nice move to the upside and Cathie (ARK Investment) has continued to buy this ticker. Looking at 98 and 100 targets then all-time highs again if the upside trend continues.
Blow out earnings today, don't fight the trend! $100 by end of the year!
Support has been pretty strong here a the bottom, let's see if we can get a strong bounce and breakout!
Great breakout from the triangle over the past couple of days.
The 38% on Fib Retrace bounced multiple times. while 23% has been a nice consolidation area.
Very tight within the triangle of this bull flag, ready to push back to all-time highs!? A strong point of control on the volume profile
BBBY is holding the 50% Fib retrace as strong support within this triangle. ER is coming up on Jan 7th and news can change the analysis. TTM Squeeze is showing upside momentum into a squeeze and MACD is curling to the upside on the daily. If the support holds we can see a strong breakout to the upside. If it fails, we can see a strong downside through the volume...
AMD is expected to read all-time highs after Goldman Sachs raises target price to $110 from $96, watch this trend and if it can break out above $99
BABA found support and ready to move back up to fill the gap!
Sitting nicely on the point of control volume shelf which is also the 61.8% on the fib retrace. TTM Squeeze and MACD's setting up to the upside.
DIS in my experience does not hold gains well after pops after a couple of days. There's a huge gap in volume which if reached could knife drop down to previous levels of buying $155 area. Not saying it will go that low, but I see a healthy pullback before it pushing naturally back to all-time highs. TTM Squeeze and MACD's are already showing momentum/curling to...
FCEL announced an offering a couple of days ago at 6.50 a share and it looks like it bounced nicely off the 200 and that price. MACD curling and TTM squeeze showing bullish momentum.