Looking to reach next fibonacci extension level soon. Keep an eye for a possible pullback when reaching 318 or a continuation. Next fibonacci level at 350$... Just saying :)
Descending triangle and low volume. IMO this will be back to testing support soon.. ... unless there is another pump to dump share in the likes of DB or JP Morgan!
Looking at the daily chart, there are few bullish signals for $ROKU: 1. It broke above the current down-trending channel; 2. It broke previous resistance level at around $135-136. Will need to wait for a confirmation/consolidation and level of new support. !!!! carful next big resistance is only few dollar away around 152-153!!! 3. Ascending triangle formation...
Again reaching the resistance level around 315$ I see three scenarios IMO: 1. It will form a small cup and handle pattern and move higher. 2. It will break through resistance level, move higher and use the old resistance as new support. 3. It will be rejected by the resistance and will go back to re-test support level at 295$
Bouncing off nicely again from the lower channel. Hopefully will see some breakthrough above 315$ in the next month or so! $COST
Keeping an eye on $OPK. The shares price just crossed previous 2.90$ which was both resistance and 52 weeks high. If the price remain above previous resistance and become the new support, we could see the price spike up! Long term still not sure, but there is bullish momentum on this stock IMO
Share price is staying put above the upper channel. Looking at the30 min. and hourly charts, you can notice that it has already bounce off the resistance level 2-3 times in the last few days, indicating that it has found new support level. IMO with more and more states having a second wave of COVID-19. there will be renewed positive sentiment for TECH companies,...
Nice cup & handle patters on $MSFT! Looking for 210$, 228$ and 240$ approximately on the Fibonacci scale.
$ZM moving higher since January 2020! Bullish trend still in place at the moment.. breaking the upper channel. Will monitor it for few weeks to see how the situation develops. IMO, however the issue of COVID-19 persist! That could fundamentally change this projection.
LONG TERM BULLISH!! Looking for a small pullback before possible enter a trade. There is a CUP&HANDLE patter forming, but it could go straight throughout it and continue higher instead. Will keep an eye on it.
The stock is trending higher since mid march 2020. Unless there is a turn for the worst in the economy and jobs numbers, based on my daily chart, it will trade higher and higher. However, on a 30 minutes chart, it appears to be some resistance around 264$ (still too soon to know for sure). Therefore I will be looking to enter a short trade on the downside in...
Looking if from a technical prospecting can bounce off from previous resistance, otherwise we might see it all the way to the 40s. $NKLA
Not your ideal cup & handle, but will monitor it in the next few days to see if it will trend higher after it closed the possible "handle" for a long position.
Looking at the weekly chart, COSTCO is at an inflection point. I am looking to enter a position in few days depending on how it moves. If it will bounce off the uptrend support, $COST might test again resistance level around 220$. If it is not able to stay above the uptrend support, we might see it going back to the channel main support at around 280-285$. ...
Look for another Bullish Flag formation... Its all time high! Will look for upcoming day if trend will continue or will have a due correction!
Need to stay above 50% on the fibonacci chart! If it does next resistance at 78! After that next level around 81.65$
BMA forming a coup and handle patter. This could be a huge potential for the stock IMO! However geopolitical uncertainties and usual trade wars crap, might screw up this beautiful chart!