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: Support and Resistance
Gopher head spotted! Another ATH.
Not really a cup and handle. The circle is where a handle was forming when covid hit. In any case, the horizontal...
ALL TIME HIGH
Spinning top doji. Price has fallen back once again to the last high fractal that can be turned to support. I expe...
Low risk long if you're looking for an oil and gas play. 23.12 short term stop.
Thinking we get a boost in sympathy with FedEx will be looking to short with the right candle around 115.
Prime shorting material here. Who is going to drive through protesters in the streets? Easy stop.
Time for some profit taking perhaps.
3rd touch rejection from trendline.
Short term bulls would like to see the red horizontal hold as support, while longer term holders need at least the...
Looks like we're about to get another bounce higher after testing the bullish breakout of this rising triangle.
Bullish breakout and successful test (so far).
Bullish breakout. Thinking long call spread.
Think I'll try a 400/425 long call spread. Channel bottom will be my stop. Target will be upper channel boundary....
Long when and if price moves over last Friday high. Target: 118.50 Stop: close under blue horizontal
Low risk long idea. Stop is a close under blue horizontal.
Classic retrace to breakout. I am long this. Easy stops.
Price is at top of channel and was repelled from bearish trendline today.
Bearish engulfing on today's candle.
Will look for a long position with a bullish candle tomorrow. Stop will be a close under channel support line.
Long with a close under the blue trendline as a stop.
My charting book says this is a good time to short, just need the right candle.
If you are bullish this a great time to enter. You can use the blue trendline or the blue horizontal for a stop. N...
Approaching a 5/5 star shorting opportunity.
Earnings miss? Bullish! This could be a shorting opportunity as it opened at 140 and closed at 135. Not exactly...
What an interesting chart! Bullish breakout "pre-Covid". Bearish breakdown at the "Covid" lows. 2 failed attempts...
Just keeping an eye on this because it seems like an almost perfect short setup chart-wise.
If you are looking for 8.75% dividend and a trendline to hold.
Hitting resistance on upper trendline.
Short opportunity on retracement of broken overhead support. I will probably buy a 44 put several months out and u...
Rejection from overhead former support
Looks like it's time for the down move in this sine wave.
Hoping that heroic blue resistance can hold the line and turn back this bull rush. Still short until a close above...
A little study on trendlines. I set it up on this @$50 stock with the notion of entering short on the second touch...
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...
Triple top pattern.
The way I trade currently.
Something to keep an eye on. Leaning bearish but waiting on break of lower red triangle support. Stop will be clos...
Various chart art of a stock that seems to only know one direction. No directional bias from me, yet. So far on th...
Buying Nov16 57.5-52.5 put spread for for 2.50 if I can get filled in the morning.
Gotta go short!
5Y daily CMS
Bought $ORLY Oct19 350-340 put spread -4.60 calling a triple top.
Triple top reversal.
Double top reversal.
Short. 27.40 stop. 25.50 target.
Double top, descending bearish red trendline, just waiting for that ascending green dashed trendline to be pierced...
Another short idea in the realty sector.
H&S Watch, as opposed to a H&S warning. Still playing with Powerpoint.
Health care and real estate short in one. Testing powerpoint use in editing charts.
Trendline using wicks.
Trendline using closes.
A closer look at NKE.
A bounce to 83.50 after this trendline break down to 75 would be my ideal continuation.
All kinds of interesting things going on here in $CMG. I think I would get short if 476.28 (yellow line) is retak...
Would like to see a retrace back to 107 to get short. However if price drops immediately below 102.88 I would cons...
Looking at a bounce off of 158 blue resistance line. Target is top side of descending red channel. Stop 158.
Long Monday stop at 16.10
Yesterday's candle completed a NR7 pattern. Purple dashes are the range. A close above or below is the signal to o...
3 different forces at work to push price down.
Earnings drop. Should find support @ 27.50
If your looking for a utility short Entergy just had a double top and an engulfing bearish candle. Stop at 86.
SLV hovering around 5 year lows. Thinking of selling 13 puts tomorrow. Comments or advice welcome.
Will be looking for a break below the green trendline to get short for a swing trade.
Next stop 313? Jeez
Let's see if that blue or green line acts as support.
Shortable via credit call spread.
Shortable. Target 45.
Bearish on utilities? Resistance will be tested around 85.
Baskin Robbins is a part of this ticker. Interesting chart.
Nice jump. Let's see if it can get back to 56.
If you are a bear, you have to short this on principle, right?
Key backtest of broken bullish trendline. I saw someone else mentioned it here just double checking my charts.
Pretty bearish fractal.
Close your eyes and hit the sell button on that call spread. According to the chart, price is at the top end of ho...
I'm calling this a double top head and shoulder pattern. Unless it forms a triple top.
Funny another gap fill. Losing steam or consolidating?
Gap filled. I'm going to throw a dart at this one and buy an OTM put with the intention of holding for a few days...
I'm not convinced by this up move. I'd be happy to see 500 so I can get short again.
Shooting star could be a reversal signal.
Getting long with a target of 30.
Waiting for 279 to get short.
Approaching overhead resistance.
May be worth a look to the short side.
Time for my monthly bearish trade on CMG. Will probably be a long put spread. Nice shooting star candle.
Gonna call this a triple top and sell a call spread tomorrow.
Critical test of bearish trend line (magenta).
Looking for a reason to get long XLU? Unbroken 5 year trend line and horizontal support at @47.
Maybe worth a long call if it pivots around 25.50
GE closing in on support. Earnings tommorrow will likely indicate whether they hold.
One of the trend ender dojis. Worth further attention.
Short Alert. Ahhh never mind. Heheh
Short Alert. Gap up to resistance. Proceed with caution.
Short Alert. Has a vague head and shoulders look about it.
Short Alert. Doji candle. Proceed with caution. COP has already burned me once.
Short Alert. Is that a bearish hammer?
Short Alert. Perhaps a scalping opportunity tomorrow.