So, facts: 1) 500-503.50 zone is the obvious resistance for now 2) 21EMA is a solid support at this point 3) 490 is quite a good support 4) 8EMA - not sure if it will clearly hold the price next week. 5) 494-496 - potential support zone for building another Higher Low What I expect: 1) One of the scenarios for me is the price confirming one of the support levels...
PLTR looks ready to explode today 25.50 key zone Target should be 30.00
I see potential Flag breakout. 35M Shares Outstanding. 20.00 zone
CVNA might offer another entry today. Might be a fake breakout first. But still interesting.
Another flag/wedge. Maybe it needs couple days to go. Another thing - earnings report is soon, so for now I'll keep in on my watchlist and see what happens.
Uranium made a pullback as a wedge pattern. Support here is 21EMA (29.00 zone level flip). 30.00 - potentially interesting zone for a breakout.
NYSE:ALV reported today and looks like a potential long. I see here potential H&S breakout (106.60).
Yesterday we saw a gap down on report, so I'd like to update NASDAQ:TSLA idea. The stock was pretty weak yesterday and as a result the price didn't hold the 200 zone as I mentioned here: . But overall, we still have the Weekly Inv. H&S. The left shoulder level is 180. Another support level here is the lower boundary of the descending channel. Yesterday,...
I want to share the levels and zones, where I expect a pullback. 1. TRLs at 480-482 (somewhere here will be 8EMA) 2. Pivot 478.60 (somewhere here will be 21EMA)
The stock is tightening up and getting ready for a breakout. I will watch it and interested in buying. The key resistance zone is 200.
Tesla will report as soon as this Wednesday, Jan. 24, after the market close. Personally, I don't plan any trading activity here before the report. But at the moment the stock is in a technically interesting zone. I see a double technical pattern here - Inv. Head and Shoulders. Based on the structure of the daily chart, the price is now in a potential right...
Yesterday after gapping up, the market tested the Jan-17 High/Close. Then broke through 8EMA and closed strong. Now the nearest support level is the short-term moving average - 8EMA. The nearest resistance levels are now at 478.60, together with TRL. It's important to note that yesterday's move was driven by strength in the semiconductor sector as well as the...
Yesterday, the first support zone - 21 EMA (green on chart) - was confirmed. In case the price loses this zone, the next potential support will be the left shoulder level of Inv. H&S (467.80). If the price goes lower, then we can expect a reaction from 465, which is ATH. I'm also considering here Bottoming Support Trendline as potential support.