I am liking the upward trend channel but if you trace the channel and look intra day (5 min) you can see price ranging in the top end of the daily channel. This in indicative of a break out to the upside since when we zoom out we have a flag. Keep your eyes peeled but a BABA break out is due.
LVS has been on our watchlist all of last week. Now with the earnings gap we got in on Friday. LVS is going places!
We can see a Sym triangle and a possible HnS forming. Gun sales at an all time high. Good time to buy and hold and for options I would wait for neckline break to confirm entry.
AMZN has a chance to break out upward and two chances to break out downward or can possibly range for a while.
Triangle formed waiting on a breakout. Key support Identified.
BABA is currently ranging with a bearish divergence signal (hard to pay too much mind to it in an uptrend). I identified key support levels that if broke should lead to a subsequent downward movement.
One way or another we are waiting on confirmation from AAPL.
I have outlined the range in red. If BIDU continues up out of the range this would be a breakout. If it retraces back to the orange line a break below confirms the range.
AMZN possible in a double or entering a range. We will find if price makes it to my support line.
With elections coming up and the anticipation of a blue wave + a contested election. I think money rotation and uncertainty can make this 100% possible.
Things are finally started to look more realistic in this market. The uncertainty is starting to show. Here are some bear flags.
As indicated by the graph I think Draftkings is running out of steam a bit.
Nice bounce on the DAL MFI almost too predictable. Does it still have steam?