VineethBhuvanagiri

VineethBhuvanagiri

The chart is starting to resemble a bear flag to me. I think it will test support at 1135 and then run up into earnings in October.

VineethBhuvanagiri

Finished right at resistance today. It could go either way so I'm on the sidelines. I'm leaning towards a slight pullback before it tests ATHs again.

VineethBhuvanagiri

I think there is a good probability that AMZN will test 1500 again. Overall I'm bullish but this is looking really overbought. Additionally, those two uptrend lines are cloned.

VineethBhuvanagiri

GOOGL has held 1030 support numerous times. I think if it opens up tomorrow we have a potential of seeing 1050 again. Otherwise I think it will go back to 1000 and then bounce.

VineethBhuvanagiri

I'm currently long QQQ but low volume ascending wedge into channel support is not looking good. I think we may see a bit more to the downside possibly testing the 152 support.

VineethBhuvanagiri

Overall bullish with earnings coming up but possibility of 152 retest. Selling calls at 150 level.

VineethBhuvanagiri

Googl is still holding the $1000 support and has a history of running into earnings. I think there is a possibility of testing 1140 into earnings.

VineethBhuvanagiri

I have a hunch that this head and shoulders patter can play out. Short-term bullish - AMZN usually runs into earnings - but bearish after that.

VineethBhuvanagiri

I think that GOOGL will continue to slide tomorrow and eventually find support at the 1075 level. Been trading in this channel for some time now and seems to be strong support. Sold some calls EOD today to take advantage of the possible move to the downside and will sell some puts on the 1075 test.

VineethBhuvanagiri

Big RSI Divergence on QQQ. I think there is a good possibility of testing the bottom of the channel again.