DaBears1

DaBears1 Updated 

Friday created a Head and Shoulder play and this morning it retraced Friday's Loss. On its way down? I think at least in the short term

DaBears1 Updated 

This is the unpleasant version...and there isn't enough upside until we close above 3420, so I'm bearish until then.

DaBears1

Look for confirmation at $5.40

DaBears1 Updated 

Bigger downside?

DaBears1 Updated 

Massive gains in the SP500 were primarily from Apple, etc. on Sept. 1st and 2nd and may have been anomalous. The majority of the index was already moving into correction territory. If this is the case then a 5th wave down perfectly meets at the 200MA. Economic indicators were somewhat positive on Monday (median income) and Tuesday (consumer confidence), but the...

DaBears1 Updated 

(If SPX stays below 3375, possible scenario) -5th wave down matched up to1st wave -SPX support line Pre-Pandemic -SPX support line Post-Pandemic A new month begins and we'll see what the market sentiment looks like after jobless claims. Especially with all of the permanent layoffs from Disney, Airlines, etc... THURSDAY, OCT. 1 8:30 am Initial jobless claims...

DaBears1 Updated 

Take a look at this stock - The 4 Hour just completed a Head & Shoulder correction at about $70.86 - The correction indicates a drop to about $63.35 which will trigger a larger Head & Shoulder correction down to about $49.85 (200 MA)... Take a look and decide for yourselves. If this plays out then it may be an indication of an overall market correction.

DaBears1

Debate, Jobs Data, Housing...? 200 MA on the table

DaBears1

H&S Move lower - High volatility October before the election and too much uncertainty if the market will BiDown or TrUmP.

DaBears1 Updated 

Major resistance around R2 with Fib retrace from the top. If it moves through the next stop will be R3 and up to $24

DaBears1 Updated 

Vaxart is retracing its losses from the peak and will stop at R3 before deciding to go up to 13.55 or back down. That's the next major hurdle.

DaBears1 Updated 

OMI is currently consolidating with support. Looks like $17.65 to $20.90 upside. This stock is great to hold long - Major cup and handle and could hit $33 soon. Check it out

DaBears1 Updated 

Cup and Handle and broke through Head & Shoulders resistance. Support at 6.35 then 6.60. First stop is $7.20, $8.93, and then $10.18. Major upside

DaBears1 Updated 

I think tomorrow is the last bear play down to 22.36 - This completes the H&S correction and the stock should rebound to 27.21 then potentially move to $33+ before the market corrects in October.

DaBears1 Updated 

1st Wave down from the Top of the Right Shoulder bottoms at $66.88 (today's close) and is equal to a price drop of $16.85. The top of the 4th wave is 66.88 or today's close and the 5th Wave will bring the price down to about $50 where it should find support and consolidate into a wedge established by today's high.

DaBears1 Updated 

Head & Shoulders reversal began with Fib retrace from $95. It'll run down to the 200 MA which is currently about 45.60. Look at November Puts for $50 - Heavy Volume

DaBears1

I really like this stock. It just broke the downtrend and hit resistance at $5.35. It could have resistance around 5.70-5.95 and then break for $6.25 plus. It's also coming out of a long Cup and Handle so the upside here is $9, $12, and beyond.

DaBears1

Just broke out of resistance and retraced. Looks like $4.54 up next