tomcheck2021

tomcheck2021

I am bullish on ALT due to confluence. Option Open Interest shows a wall at £12.00 and $16.00 . EMA 9/50/200 consolidating around 13.50-14.50 where the down trend line meets all 3. As well as the up trend line indicating a pressure point. MACD is giving a buy signal. Bollinger Bands and Donchian Channels are both funneled into this pressure point (both suggest a...

tomcheck2021

I am bullish on ALRS in the short term to catch some profit. looking to buy at the open provided there is no big gap up. Exit Target Price is £31.00. Analysts at BarChart also project a Target Price of 31.00. Target Price shown here via yellow dotted line. If it breaks above it, we may be looking for a nice long to 34.60+. RSI 39, MACD indicates its too early...

tomcheck2021 Updated 

Chart pattern along with price action/ candlestick momentum, indicates to me this can be a bullish entry. AMD looks stable. Implied volatility is reading 47.5% from my broker IB. I will be looking to buy a credit spread at the open, to exit before Earnings as a safety/ risk management measure.

tomcheck2021

FL has a D/E of 0.00 (macrotrends) and a C/R of 1.73 (macrotrends). My analysis shows a long term down trend in a solid looking channel. Down trends of same or very close lengths -49-50 on tradingviews ruler function. Equally, the uptrend show the same at around +39. Now unless FL breaks out of this long down trend imo its set to continue as normal back down to...