Costco has been my no 1 performing stock in the last 3 months . took sell from 603. now Cost has completed an impulse drop down. i expect a correction. the current correction does not seem complete yet . in my view. a corrective leg should have a 3 wave correction. However am bearish and would sell any rally .
AAPL Closed below 138 today after bouncing off the previous pin candles on the weekly tf. am looking for a further downward movement on this.
Last week , i posted this setup and noted the break of 270 was critical for a long term down fall. am looking only for sell positions here.
took some short positions from 603. costco is performing as expected.wld continue to look for more short opportunities.
am currently watching costco for a reaction from the upper channel line. if we get a price action reversal on a lower timeframe, i would look for sell trades from this area.
tsla has been forming higher highs from the low of 704 region. my projection is 1486 zone. now the question is would tesla get to 1250 first before 1400.
costco had a good earning report this week. i am watching this pattern form wld follow up keenly to see if costco gets to 549 area. that would be a nice area for shorts and it completes the gartley pattern. this setup might not be suitable for all parties. i prefer swings.
cost found rejection in the upper trendline. am lookin for sell trades on this.
Nvda has formed a small triangle on the lower tf. i would look for a break out and trade in line with the break out
Nvda has closed on the weekly with a pin bar rejecting from 266. would look for sell opportunity next week
Costco sell in place. costco is bouncing off 517 area. looking only for sell trades here/
am looking to take sells on amc. looking at current price action and market trends
sq update . having found support at this level. break of 110 critical for continuation to 128
AM looking to buy amc from 18 level. am already in . a bounce off weekly levels look okay
Roku has bounced off support and seems to have completed the ending diagonal. would look for buy trades on this.
look for long trades if u get a bounce off those lines
pfe had a earing report this week. price respected the 50.44 level. would look for buy opportunities.
Costco found support at the previous resistance area at 468. A nice bounce occurred on friday and we got a move up today. only look for long positions on a retracement.