barrycharts

barrycharts

Potential reversal setup forming in LAZR. We have a small bull flag within a larger bear flag, so I still feel that it will break to the downside, unless we keep getting heavy inflows into tech. Volume looks really good, with lower volume on red days and higher volume on green days. 20 day avg. volume is also increasing. With a bounce on the lower orange...

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Whether you're a short term trader or a buy-and-hodler, there could be a good swing play in this stock if it can hold the $134 support level . SRE has broken above the top of the recent range of the last year and is making strong support at these levels in form of a flag. Volume as also been increasing despite any major price changes. To take this trade, we'll...

barrycharts

Right now, we all see that SPY is dicey. But I don't think it's a top. At least I don't want to think it is. I think we will come down and retest support again a the trendline. SPY is going to have hard time breaking out without the trendline, whether it is the 2020 blue trendline or the 2016 orange trendline. Also don't get too scared by time cycles or jump the...

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PYPL is looking good. Today it bounced off of support despite gapping down. It was brought to my attention after seeing many large call option blocks come in ahead of earnings. If we get a bounce tomorrow, there may be a lot of money in store. It's near the bottom of its range of the flag, so now is a great entry point. In the most bullish case, I could see it...

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Oil plays are set up right now. Beautiful cup and handles. Bounces off the trendline and just launched off the 20 SMA. Lot's of resistance ahead, watch for a volume spike to get through. Give it some time. (3 months). Oil go Xoom.

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Kinda doing this one for fun, it's cheap with low risk. (Tight stop). Macy's is at a pivotal point, and is trying to reverse the bear trend, which is still apparent on the weekly chart. Fundamentally, it's a dead business, with -$259M in revenue and with insiders owning only 0.12% of shares. Long term is still bearish but I think price action is just doing it's...

barrycharts

Everything I have to say is on the chart. Basically, we could get a bounce at 41.8. It might fake out to 37.50 and then bounce. Set your stop accordingly and ready to play to the downside. Lot's of potential either way here. Most important thing is manage your risk. Meme stocks are ruthless.

barrycharts

I'm sure this has been pointed out before but I thought it looked really cool. Look at the tops and bottoms vs the fib channels. Fib dates for fun. Do you think this is all a coincidence and my brain just decides to find what it wants to see? Or does the same equation for the spirals in snail shells actually affect the markets? Long until June. Gonna be red, bet.

barrycharts

Long until June, short afterwards. White lines are fibs, with 0 and 1 being 8 months apart. This works best on the monthly chart. The orange is there to demonstrate fibs fractal nature. Each fib either lands directly on a red candle, or has a red candle immediately after it. But most of the time, it lands on a red candle. I would also like to say that I'm just...

barrycharts

Everything is explained in font on the graph. Lol. If I'm making an obvious mistake, call it out. Thanks.