Lilbuddadude

Lilbuddadude

SPY is still trading at the top of the daily megaphone pattern and looking VERY weak. Lots of dojis at the top as the buying pressure is leaving and people are taking profits on an overbought market. If the 410.50 support level doesn't hold, expect BIG moves downward. Be careful out there and make sure you have a plan if the market drops. I personally am...

Lilbuddadude

After trading sideways the past couple days, SPY broke out of another channel. Looking bullish again.

Lilbuddadude

Pinterest had a big sell off last week, falling over 7% in a day. This sell off was a result on analyst at Cleveland Research giving it some bad news expecting retail spending to decelerate. This sell off was an overreaction in my opinion, and nothing that should take away from Pinterest in the long term. Pinterest has been killing the social media game, greatly...

Lilbuddadude Updated 

Vet has broken out of a faking wedge. MACD about to cross on the 30 min. Looking good for more upside!

Lilbuddadude

Falling wedge breakout confirmed with crossover on the 1hr MACD Possible price targets shown.

Lilbuddadude

Simple idea for Apples current uptrend. Overbought on smaller 1hr timeframe and could see a small pullback before making higher highs. Bearish for the next week Bullish for the month

Lilbuddadude

Bearish Divergence on the hourly chart with the RSI. If the price breaks our of this current uptrend channel, it will likely fill the gaps and retest the new supports Been a wild week for the market. What do you guys think will happen?

Lilbuddadude

We may see some more higher highs. Short it when it reaches the top of the megaphone.

Lilbuddadude

Just wanted to show another analysis but on the hourly chart. Good chance this one could see a breakout soon.

Lilbuddadude

Great setup forming for a trade on CHEWY. Its currently trading in a bearish rectangular pattern and could have a breakout soon. Stoploss should be above resistance if going short or below support if taking a long position. Hope this chart pattern helped!

Lilbuddadude

Great Risk/reward setup here as VLDR is at its bottom support in the "Loading Zone". Stop loss/ close trade if closes below support

Lilbuddadude

Two important levels to look out for. The upper resistance/ATH and the lower support. Will play it depending on if this ascending triangle plays out and we break through the triangles/yesterdays highs. What do you guys think will happen tomorrow? Disclaimer: Intraday play only!

Lilbuddadude

Just an idea for a possible near term price target. I was bearish until we had a clear break of the channel it was trading in. (See my last post). Once we gapped up on Friday out of the channel, my bear case was invalid and I purchased calls for a nice little gain. The trick to trading is to not be stubborn and stick to your plan. Whether the stock is hitting...

Lilbuddadude

Potential bearish flag forming on SNAP. Volume also declining on flag. Keep on you radar

Lilbuddadude

-My last SPY prediction was spot on and the price bounced right off the bottom support and up to the resistance. As we can see, the price reacted well to the resistance and stayed inside the channel. Candle closed as a possible shooting star candle and Indicators are overbought on the 5 & 10min chart and a pullback to support is very possible. -I'm short going...

Lilbuddadude

Price broke main trendline. Down from here...

Lilbuddadude

NIO broke through the channels support on the 9th touch. That support will now act as an upper resistance. Next support is marked in white at the bottom and the price will likely retest it before seeing another high.

Lilbuddadude

Still bearish short term. Just an idea