User: MississippiMan: Support and Resistance


slopechart_SNE.jpg
slopechart_SNE.jpg
Gopher head spotted! Another ATH.
MississippiMan
slopechart_ABBV.jpg
slopechart_ABBV.jpg
Not really a cup and handle. The circle is where a handle was forming when covid hit. In any case, the horizontal...
MississippiMan
slopechart_CHD.jpg
slopechart_CHD.jpg
ALL TIME HIGH
MississippiMan
2
slopechart_REG.jpg
slopechart_REG.jpg
Spinning top doji. Price has fallen back once again to the last high fractal that can be turned to support. I expe...
MississippiMan
slopechart_INT.jpg
slopechart_INT.jpg
Low risk long if you're looking for an oil and gas play. 23.12 short term stop.
MississippiMan
1
slopechart_UPS.jpg
slopechart_UPS.jpg
Thinking we get a boost in sympathy with FedEx will be looking to short with the right candle around 115.
MississippiMan
slopechart_JBHT.jpg
slopechart_JBHT.jpg
Prime shorting material here. Who is going to drive through protesters in the streets? Easy stop.
MississippiMan
1
slopechart_FAST.jpg
slopechart_FAST.jpg
Time for some profit taking perhaps.
MississippiMan
slopechart_URI.jpg
slopechart_URI.jpg
3rd touch rejection from trendline.
MississippiMan
1
slopechart_CBRL.jpg
slopechart_CBRL.jpg
Short term bulls would like to see the red horizontal hold as support, while longer term holders need at least the...
MississippiMan
slopechart_DG.jpg
slopechart_DG.jpg
Looks like we're about to get another bounce higher after testing the bullish breakout of this rising triangle.
MississippiMan
slopechart_MNST.jpg
slopechart_MNST.jpg
Bullish breakout and successful test (so far).
MississippiMan
slopechart_BLL.jpg
slopechart_BLL.jpg
Bullish breakout. Thinking long call spread.
MississippiMan
slopechart_TDG.jpg
slopechart_TDG.jpg
Think I'll try a 400/425 long call spread. Channel bottom will be my stop. Target will be upper channel boundary....
MississippiMan
slopechart_LEA.jpg
slopechart_LEA.jpg
Long when and if price moves over last Friday high. Target: 118.50 Stop: close under blue horizontal
MississippiMan
1
slopechart_ALV.jpg
slopechart_ALV.jpg
Low risk long idea. Stop is a close under blue horizontal.
MississippiMan
1
slopechart_INSG.jpg
slopechart_INSG.jpg
Classic retrace to breakout. I am long this. Easy stops.
MississippiMan
slopechart_AOS.jpg
slopechart_AOS.jpg
Price is at top of channel and was repelled from bearish trendline today.
MississippiMan
slopechart_DHI.jpg
slopechart_DHI.jpg
Bearish engulfing on today's candle.
MississippiMan
1
slopechart_PAG.jpg
slopechart_PAG.jpg
MississippiMan
1
slopechart_R.jpg
slopechart_R.jpg
Will look for a long position with a bullish candle tomorrow. Stop will be a close under channel support line.
MississippiMan
1
slopechart_ATCO.jpg
slopechart_ATCO.jpg
Long with a close under the blue trendline as a stop.
MississippiMan
slopechart_NS.jpg
slopechart_NS.jpg
My charting book says this is a good time to short, just need the right candle.
MississippiMan
slopechart_CPB.jpg
slopechart_CPB.jpg
If you are bullish this a great time to enter. You can use the blue trendline or the blue horizontal for a stop. N...
MississippiMan
slopechart_BOX.jpg
slopechart_BOX.jpg
Approaching a 5/5 star shorting opportunity.
MississippiMan
slopechart_AAP.jpg
slopechart_AAP.jpg
Earnings miss? Bullish! This could be a shorting opportunity as it opened at 140 and closed at 135. Not exactly...
MississippiMan
1
slopechart_$XBD.jpg
slopechart_$XBD.jpg
What an interesting chart! Bullish breakout "pre-Covid". Bearish breakdown at the "Covid" lows. 2 failed attempts...
MississippiMan
slopechart_LEN.jpg
slopechart_LEN.jpg
Just keeping an eye on this because it seems like an almost perfect short setup chart-wise.
MississippiMan
3
slopechart_T.jpg
slopechart_T.jpg
If you are looking for 8.75% dividend and a trendline to hold.
MississippiMan
1
slopechart_SMG.jpg
slopechart_SMG.jpg
Hitting resistance on upper trendline.
MississippiMan
slopechart_BTI.jpg
slopechart_BTI.jpg
Short opportunity on retracement of broken overhead support. I will probably buy a 44 put several months out and u...
MississippiMan
slopechart_BWA.jpg
slopechart_BWA.jpg
Rejection from overhead former support
MississippiMan
slopechart_AZO.jpg
slopechart_AZO.jpg
Looks like it's time for the down move in this sine wave.
MississippiMan
1
slopechart_SBUX.jpg
slopechart_SBUX.jpg
Hoping that heroic blue resistance can hold the line and turn back this bull rush. Still short until a close above...
MississippiMan
1
slopechart_XLP.jpg
slopechart_XLP.jpg
A little study on trendlines. I set it up on this @$50 stock with the notion of entering short on the second touch...
MississippiMan
3
slopechart_AAN.jpg
slopechart_AAN.jpg
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...
MississippiMan
2
slopechart_XLP.jpg
slopechart_XLP.jpg
Triple top pattern.
MississippiMan
CAT_102218.png
CAT_102218.png
The way I trade currently.
MississippiMan
2
slopechart_CVX.jpg
slopechart_CVX.jpg
Something to keep an eye on. Leaning bearish but waiting on break of lower red triangle support. Stop will be clos...
MississippiMan
1
UNH_101918.png
UNH_101918.png
Various chart art of a stock that seems to only know one direction. No directional bias from me, yet. So far on th...
MississippiMan
1
SBUX_triangle.png
SBUX_triangle.png
Buying Nov16 57.5-52.5 put spread for for 2.50 if I can get filled in the morning.
MississippiMan
1
CMS_101018.png
CMS_101018.png
Gotta go short!
MississippiMan
slopechart_CMS.jpg
slopechart_CMS.jpg
5Y daily CMS
MississippiMan
slopechart_ORLY.jpg
slopechart_ORLY.jpg
Bought $ORLY Oct19 350-340 put spread -4.60 calling a triple top.
MississippiMan
SMG_TT.png
SMG_TT.png
Triple top reversal.
MississippiMan
SMG_DT.png
SMG_DT.png
Double top reversal.
MississippiMan
slopechart_SRLP.jpg
slopechart_SRLP.jpg
Short. 27.40 stop. 25.50 target.
MississippiMan
slopechart_NS.jpg
slopechart_NS.jpg
Double top, descending bearish red trendline, just waiting for that ascending green dashed trendline to be pierced...
MississippiMan
slopechart_O_100718.jpg
slopechart_O_100718.jpg
Another short idea in the realty sector.
MississippiMan
RDN_100718.png
RDN_100718.png
H&S Watch, as opposed to a H&S warning. Still playing with Powerpoint.
MississippiMan
VTR_PNG.png
VTR_PNG.png
Health care and real estate short in one. Testing powerpoint use in editing charts.
MississippiMan
slopechart_EL_trendwick_100618.jpg
slopechart_EL_trendwick_100618.jpg
Missed chances.
MississippiMan
slopechart_EL_trendwick_100618.jpg
slopechart_EL_trendwick_100618.jpg
Trendline using wicks.
MississippiMan
1
slopechart_EL_trendclose_100618.jpg
slopechart_EL_trendclose_100618.jpg
Trendline using closes.
MississippiMan
2
slopechart_NKE_100518.jpg
slopechart_NKE_100518.jpg
A closer look at NKE.
MississippiMan
2
slopechart_NKE.jpg
slopechart_NKE.jpg
A bounce to 83.50 after this trendline break down to 75 would be my ideal continuation.
MississippiMan
1
slopechart_CMG.jpg
slopechart_CMG.jpg
All kinds of interesting things going on here in $CMG. I think I would get short if 476.28 (yellow line) is retak...
MississippiMan
slopechart_DG.jpg
slopechart_DG.jpg
Would like to see a retrace back to 107 to get short. However if price drops immediately below 102.88 I would cons...
MississippiMan
1
slopechart_CAT.jpg
slopechart_CAT.jpg
Looking at a bounce off of 158 blue resistance line. Target is top side of descending red channel. Stop 158.
MississippiMan
slopechart_HBI.jpg
slopechart_HBI.jpg
Long Monday stop at 16.10
MississippiMan
slopechart_XLY.jpg
slopechart_XLY.jpg
Yesterday's candle completed a NR7 pattern. Purple dashes are the range. A close above or below is the signal to o...
MississippiMan
slopechart_FDX.jpg
slopechart_FDX.jpg
3 different forces at work to push price down.
MississippiMan
slopechart_KR.jpg
slopechart_KR.jpg
Earnings drop. Should find support @ 27.50
MississippiMan
1
slopechart_ETR.jpg
slopechart_ETR.jpg
If your looking for a utility short Entergy just had a double top and an engulfing bearish candle. Stop at 86.
MississippiMan
slopechart_SLV.jpg
slopechart_SLV.jpg
SLV hovering around 5 year lows. Thinking of selling 13 puts tomorrow. Comments or advice welcome.
MississippiMan
1
slopechart_VTR.jpg
slopechart_VTR.jpg
Will be looking for a break below the green trendline to get short for a swing trade.
MississippiMan
slopechart_ULTA.jpg
slopechart_ULTA.jpg
Next stop 313? Jeez
MississippiMan
1
slopechart_NKE.jpg
slopechart_NKE.jpg
Let's see if that blue or green line acts as support.
MississippiMan
slopechart_WYNN.jpg
slopechart_WYNN.jpg
Yikes!
MississippiMan
2
slopechart_DLTR.jpg
slopechart_DLTR.jpg
Shortable via credit call spread.
MississippiMan
slopechart_AAN.jpg
slopechart_AAN.jpg
Shortable. Target 45.
MississippiMan
slopechart_ETR.jpg
slopechart_ETR.jpg
Bearish on utilities? Resistance will be tested around 85.
MississippiMan
slopechart_DNKN.jpg
slopechart_DNKN.jpg
Baskin Robbins is a part of this ticker. Interesting chart.
MississippiMan
1
slopechart_ROKU.jpg
slopechart_ROKU.jpg
Nice jump. Let's see if it can get back to 56.
MississippiMan
slopechart_XLY.jpg
slopechart_XLY.jpg
If you are a bear, you have to short this on principle, right?
MississippiMan
slopechart_XHB.jpg
slopechart_XHB.jpg
Key backtest of broken bullish trendline. I saw someone else mentioned it here just double checking my charts.
MississippiMan
slopechart_IYR.jpg
slopechart_IYR.jpg
Pretty bearish fractal.
MississippiMan
1
slopechart_ITA.jpg
slopechart_ITA.jpg
Close your eyes and hit the sell button on that call spread. According to the chart, price is at the top end of ho...
MississippiMan
1
slopechart_NFG.jpg
slopechart_NFG.jpg
I'm calling this a double top head and shoulder pattern. Unless it forms a triple top.
MississippiMan
4
slopechart_AAP.jpg
slopechart_AAP.jpg
Funny another gap fill. Losing steam or consolidating?
MississippiMan
slopechart_AZO.jpg
slopechart_AZO.jpg
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...
MississippiMan
slopechart_CMG.jpg
slopechart_CMG.jpg
I'm not convinced by this up move. I'd be happy to see 500 so I can get short again.
MississippiMan
slopechart_TDOC.jpg
slopechart_TDOC.jpg
Shooting star could be a reversal signal.
MississippiMan
slopechart_ATU.jpg
slopechart_ATU.jpg
Getting long with a target of 30.
MississippiMan
slopechart_ULTA.jpg
slopechart_ULTA.jpg
Waiting for 279 to get short.
MississippiMan
slopechart_DIS.jpg
slopechart_DIS.jpg
Approaching overhead resistance.
MississippiMan
slopechart_AAN.jpg
slopechart_AAN.jpg
May be worth a look to the short side.
MississippiMan
1
slopechart_CMG.jpg
slopechart_CMG.jpg
Time for my monthly bearish trade on CMG. Will probably be a long put spread. Nice shooting star candle.
MississippiMan
2
slopechart_XBI.jpg
slopechart_XBI.jpg
Gonna call this a triple top and sell a call spread tomorrow.
MississippiMan
2
slopechart_XHB.jpg
slopechart_XHB.jpg
Critical test of bearish trend line (magenta).
MississippiMan
slopechart_XLU.jpg
slopechart_XLU.jpg
Looking for a reason to get long XLU? Unbroken 5 year trend line and horizontal support at @47.
MississippiMan
1
slopechart_CNP.jpg
slopechart_CNP.jpg
Maybe worth a long call if it pivots around 25.50
MississippiMan
slopechart_GE_41918.jpg
slopechart_GE_41918.jpg
GE closing in on support. Earnings tommorrow will likely indicate whether they hold.
MississippiMan
1
slopechart_AIZ.jpg
slopechart_AIZ.jpg
One of the trend ender dojis. Worth further attention.
MississippiMan
slopechart_RIOT.jpg
slopechart_RIOT.jpg
Short Alert. Ahhh never mind. Heheh
MississippiMan
1
slopechart_AIZ.jpg
slopechart_AIZ.jpg
Short Alert. Gap up to resistance. Proceed with caution.
MississippiMan
slopechart_XOP.jpg
slopechart_XOP.jpg
Short Alert. Has a vague head and shoulders look about it.
MississippiMan
slopechart_COP.jpg
slopechart_COP.jpg
Short Alert. Doji candle. Proceed with caution. COP has already burned me once.
MississippiMan
slopechart_AEIS.jpg
slopechart_AEIS.jpg
Short Alert. Is that a bearish hammer?
MississippiMan
slopechart_GM.jpg
slopechart_GM.jpg
Short Alert. Perhaps a scalping opportunity tomorrow.
MississippiMan