collintwols

collintwols

AAPL might find support at $143 from the 1.168 fib. It's their fault; they didn't put USB-C in their iPhone again!!!

collintwols

$JBLU sandwiched between two fib confluence zones at $15.65 and $14. Watch oscillators to know what will happen at the more significant fib overlaps. Looking bearish now if it runs into $14. More to follow.

collintwols

As I'm reading Fibonacci Analysis by Constance Brown, I'm practicing using fibs as she did during her successful career. As I was messing around, I realized that ADA was hitting perfectly on two fibs that I was able to draw. I'm not yet to the part that allows me to predict where it's heading, but just wanted to share this! I found two confluence zones where...

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$LCID formed a Three Buddha Top (aka Head and Shoulders) which means if it doesn't find support at $22, then it will fall to test support at the bigger $21 support line. Hopefully that would provide a good bounce, but I'll be watching carefully in case it starts heading down to $18. Might be a good time to look at some Puts and targets in mind! Usually you want...

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$WATT created a double bottom and is rebounding. Next targets: $3.00 and $3.60. I'm just in a LEAP for WATT so not too worried about the little dips as long as it stays healthy!

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$VET looks to have created a double top. The last candle was a belt-hold engulfing candle (two reversal indicators) and today was followed by a downward gap (that turns into resistance). I just opened a Put to take advantage of the decline to either verify the support with the gap left on 1Jun for a 5% gain (more with options) or if it closes that gap and...

collintwols Updated 

FLR MACD just crossed the signal line and could be setting up to be exiting a nice triangle. Watch for it to shoot out of the triangle, come back to test support, and then it should go up to the next resistance level at $33 or get stopped by the fib at $27. 15-43% gain in the short term, more as long as it stays above the trend line!

collintwols Updated 

@BullTrendz1 turned me onto this one. $SOS is making some moves and has yet to run into the resistance coming up. 18-34% gains in the short term, and if it pushes through there it has 90% gain until the next level of resistance.

collintwols Updated 

$FCEL looks to have found a bottom after breaking down out of the rising wedge. It bounced off the big 618 and is trying to break the little 236 as it climbs back up. If it break the little 236 I'd call it a good new bottom and a great entry if you got out before it broke the wedge. 42% gain if it goes back to previous highs!

collintwols Updated 

$TOUR is on it's way just like the chart said it would. I like how it's going a bit slower now. If it busts through the .5 the .618 should be a rather easy next target for another 20% gain.

collintwols Updated 

$TTOO unfortunately did what was expected and broke down out of the descending triangle. It's still on track and once it breaks through the 236 I'll be happier and add some more call options.

collintwols Updated 

$RYAM has a nice gap from May2019 and just had good earnings report. If it breaks the 618 fib it should be an easy run to the 718 for 36%! Options are available as well!

collintwols Updated 

$PLL looks like it's trending upward with good targets. I just bounced off the 618. Once it finds support or breaks the 618 I'll be entering for targets around $87 for 30 percent gain.

collintwols Updated 

$FLR just broke past previous highs and next targets present 43-78% gains (or more with options) from gaps back in 2019. I just bought three Jul $22.5 calls and three 19Mar puts just in case it dips next week due to high RSI.

collintwols Updated 

New support identified, and if it stays on an uptrend over the next two days, $GRWG is a buy at $47 on its way to test the recent resistance at $55 which should be a solid 17% gain, more with options. I used a Renko chart here to clean it up and more clearly show the support and resistance levels. I'm still learning, but I certainly love how clean and easy that chart is!

collintwols Updated 

SU looks to be setting up a rising wedge and running up against my 618 from pre-COVID high fibs. I cashed out my option and will get back in once I see whether it breaks down out of the wedge or if it pops through the 618. Last time I ignored a rising wedge I missed out on gains, so I followed the pattern this time! SU is still in overall great shape and I will be...

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SPCE looks like it broke out of its descending wedge by a $2.50 gap. I will wait for confirmation (at least three candles above the close of the gap or for it to come back down to $17 then bounce back up) before I enter. It was a high volume breakout day but would've been a stronger buy signal if it was a green day.

collintwols Updated 

$NNDM setup a nice ascending triangle which, if it breaks upward tomorrow should result in another 10% gain day to the .5 fib level at $12.15. I've been down since the mid-Feb dip but I added some more calls yesterday since they were "on sale."