Bhimireddy

Bhimireddy Updated 

Price is consolidating nicely at prev resistance after the recent up move. We need a confirmation candle to enter the trade, but the setup looks really good with CNXMETAL also ready for breakout

Bhimireddy

AMD broke out of multi week consolidation yesterday and seems to be ready for the next leg up

Bhimireddy

Price made new all time high today. I would wait for a pull back or consolidation to enter, which you might not get considering how price behaved after break out in the past. But unless you are a positional trader, I would not consider adding at current levels due to high stoploss (below today's low)

Bhimireddy Updated 

Chart is pretty much self explanatory. We are right at the downward trend line which needs to be cleared to make a move higher or we fail at this level to trend back to recent lows. In either case, wait for a pull back to get a low risk entry. With all the new lock downs, I am leaning towards an upside break but will wait for price to dictate that entry

Bhimireddy Updated 

Square had a nice run last week and was few cents away from the all time highs after earning pop. Expect price to break through the overhead resistance and keep pushing for new all time highs for days or possibly weeks

Bhimireddy Updated 

Micron had nice run to make new all time highs. Its forming a bull flag above the early 2020 highs. Expect this to consolidate at the current level and make a push higher

Bhimireddy Updated 

NYSE:BABA has a 40%+ rally from December lows and nice consolidation over past month and half. Wait for breakout or enter close to 173 range. Potential target: 230

Bhimireddy Updated 

Bank of America is resuming trend on multi year flag pattern. Break out close today EOD

Bhimireddy

NASDAQ:NFLX is at a make or break level. Either we push through the current overhead resistance and make new all time highs or break down and head lower. Price is already at resistance. looking to enter a trade if a solid close happens on daily candle

Bhimireddy Updated 

Stock has a nice rally from the December lows and consolidated nicely from the rally. Stock resumed its upward trend and a nice pin bar at support on 4/22 for entry.