CameronDWills

CameronDWills

The area shown highlighted in red is the area to exit and watch for a reverse in the trend. Tomorrow could be a red day for Tesla albeit briefly before following its trend up. It is close to the center of the resistance and support lines, and is sitting just under its psychological resistance of $1000, so tomorrow morning at market open is a good time to watch...

CameronDWills Updated 

Overall up trend, and it's in a better spot between the resistance and support levels compared to other tech stocks. Its dip was especially drastic at the end of last week. I'll be watching for it to drop below the area highlighted in red which would signal a trend reversal. Overall, based on this chart and overall sentiment in the company, I see Netflix as seeing...

CameronDWills

The longterm trend is up, short term trend is also up. However, the current trading price is close to a long-term resistance level and the MACD is about to cross down. This makes me unsure without seeing how the first half of Monday goes... if the bottom of the area indicated in red is broken, then it's a long way down. Otherwise, a long position is the right play.

CameronDWills

First, I zoomed out to the weekly and daily charts to establish a long term trend and identify current support (red area) and resistance (top of green area) levels. The purple line represents the shorter-term trend and support level. Based on the market movements on Friday which took just about everything down with it, and the fact that there has been no severe...

CameronDWills Updated 

USO continues to follow the purple downtrend I drew last week. The short term bull trend couldn't hold and today opened below the support levels (shown as 1st the horizonal purple line). I was able to get cheap $3.5 calls at market open, and could've taken a 75% profit but decided to chase more gains (bad move) and the market closed with my options up about 30%...

CameronDWills Updated 

First, we look at the 1 week chart and establish there's an overall bearish trend. This is indicated by the downwards purple trend lines. Then we zoom in to the daily chart for more details and establish a level of support, indicated by the horizontal purple line. We also determine the short-term bearish signs and determine there's a loss of momentum. This new...

CameronDWills Updated 

It looks like the tons of volume that entered the market on JNUG last week is the only thing keeping the price afloat. Overall the stock is bearish, dropping from over $100 to single digits. Short-term, it's getting ready to test the resistance (shown by the horizontal green line. We can see a bullish trend over the last few days, steadily making higher lows....