User: MississippiMan: Support and Resistance
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a couple of decent supports under current price
three point trendline and 4 point resistance turned support horizontal
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bet the house long when it drops back to 38.50
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A definite short candidate with the right candle setup.
1
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4th test of resistance
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A terrible Friday as the bullish breakout from a few weeks back was once again lost. I thought it looked bullish w...
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Short term triangle breakdown.
Conservative short target 82.50
Longer term short targets orange horizontal and c...
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Testing long term horizontal after falling below shorter term support horizontal.
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Buying opportunity for bulls.
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Bullish horizontal breakout with successful test.
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Bullish breakout. Would be more interested if we get a drop back to test the horizontal.
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Looking for support at old channel top.
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The breakout didn't hold and has fallen back below both horizontals. Today's harami suggests a momentum halt to th...
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Finding temporary support here.
3
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Could be finding support here.
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Holding the multi year breakout so far.
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Old high holding as support so far.
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Bounced off horizontal support today.
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Major support almost reached on TLT.
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looks like another ATH attempt
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looks like a head fake with broken channel to the downside followed by an immediate bounce back higher to the chan...
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trying to power through horizontal resistance
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wow
almost 10% in a day
I'd call that a bullish horizontal breakout
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bullish horizontal breakout
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back on the bullish track looks like
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long idea
62 stop
1
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testing breakout of pre-covid high
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powerful breakout from pennant and horizontal
measured move to around 86
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Everybody bought all the guns they need? May be time for a pullback.
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Gopher head spotted! Another ATH.
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Not really a cup and handle. The circle is where a handle was forming when covid hit. In any case, the horizontal...
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ALL TIME HIGH
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Spinning top doji. Price has fallen back once again to the last high fractal that can be turned to support. I expe...
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Low risk long if you're looking for an oil and gas play. 23.12 short term stop.
1
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Thinking we get a boost in sympathy with FedEx will be looking to short with the right candle around 115.
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Prime shorting material here. Who is going to drive through protesters in the streets? Easy stop.
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Time for some profit taking perhaps.
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3rd touch rejection from trendline.
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Short term bulls would like to see the red horizontal hold as support, while longer term holders need at least the...
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Looks like we're about to get another bounce higher after testing the bullish breakout of this rising triangle.
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Bullish breakout and successful test (so far).
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Bullish breakout. Thinking long call spread.
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Think I'll try a 400/425 long call spread. Channel bottom will be my stop. Target will be upper channel boundary....
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Long when and if price moves over last Friday high. Target: 118.50 Stop: close under blue horizontal
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Low risk long idea. Stop is a close under blue horizontal.
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Classic retrace to breakout. I am long this. Easy stops.
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Price is at top of channel and was repelled from bearish trendline today.
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Bearish engulfing on today's candle.
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1
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Will look for a long position with a bullish candle tomorrow. Stop will be a close under channel support line.
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Long with a close under the blue trendline as a stop.
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My charting book says this is a good time to short, just need the right candle.
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If you are bullish this a great time to enter. You can use the blue trendline or the blue horizontal for a stop. N...
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Approaching a 5/5 star shorting opportunity.
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Earnings miss? Bullish!
This could be a shorting opportunity as it opened at 140 and closed at 135. Not exactly...
1
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What an interesting chart! Bullish breakout "pre-Covid". Bearish breakdown at the "Covid" lows. 2 failed attempts...
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Just keeping an eye on this because it seems like an almost perfect short setup chart-wise.
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If you are looking for 8.75% dividend and a trendline to hold.
1
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Hitting resistance on upper trendline.
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Short opportunity on retracement of broken overhead support. I will probably buy a 44 put several months out and u...
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Rejection from overhead former support
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Looks like it's time for the down move in this sine wave.
1
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Hoping that heroic blue resistance can hold the line and turn back this bull rush. Still short until a close above...
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A little study on trendlines. I set it up on this @$50 stock with the notion of entering short on the second touch...
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I HATE to say it, but $AAN could catch a bounce in the next day or two. There is a confluence of support right bel...
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Triple top pattern.
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The way I trade currently.
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Something to keep an eye on. Leaning bearish but waiting on break of lower red triangle support. Stop will be clos...
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Various chart art of a stock that seems to only know one direction. No directional bias from me, yet. So far on th...
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Buying Nov16 57.5-52.5 put spread for for 2.50 if I can get filled in the morning.
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Gotta go short!
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5Y daily CMS
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Bought $ORLY Oct19 350-340 put spread -4.60 calling a triple top.
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Triple top reversal.
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Double top reversal.
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Short. 27.40 stop. 25.50 target.
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Double top, descending bearish red trendline, just waiting for that ascending green dashed trendline to be pierced...
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Another short idea in the realty sector.
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H&S Watch, as opposed to a H&S warning. Still playing with Powerpoint.
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Health care and real estate short in one. Testing powerpoint use in editing charts.
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Missed chances.
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Trendline using wicks.
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Trendline using closes.
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A closer look at NKE.
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A bounce to 83.50 after this trendline break down to 75 would be my ideal continuation.
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All kinds of interesting things going on here in $CMG. I think I would get short if 476.28 (yellow line) is retak...
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Would like to see a retrace back to 107 to get short. However if price drops immediately below 102.88 I would cons...
1
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Looking at a bounce off of 158 blue resistance line. Target is top side of descending red channel. Stop 158.
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Long Monday stop at 16.10
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Yesterday's candle completed a NR7 pattern. Purple dashes are the range. A close above or below is the signal to o...
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3 different forces at work to push price down.
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Earnings drop. Should find support @ 27.50
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If your looking for a utility short Entergy just had a double top and an engulfing bearish candle. Stop at 86.
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SLV hovering around 5 year lows. Thinking of selling 13 puts tomorrow. Comments or advice welcome.
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Will be looking for a break below the green trendline to get short for a swing trade.
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Next stop 313? Jeez
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Let's see if that blue or green line acts as support.
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Yikes!
2
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Shortable via credit call spread.
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Shortable. Target 45.