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16 June 2021
08:34 hour

$wish Has held the line thus far! Currently I closed every position except wish because it held the line ! 10.20 strong support but also that ema 9 on the 1hr chart was a bishhh rejecting the price ! In order to see momo we need to break that ema with ball

Reddit Stock Market

10/06/2021 - 23:00

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  1. My Watchlist For 3/8/2021 (08/03/2021 - Reddit Stocks)
    Journal: https://docs.google.com/spreadsheets/d/e/2PACX-1vR_jvqS5tgDANyJLIVxgZ72OsmC1BmjwZTLZG8xHKyOG3gcoOTU3JU1E3pHksmRO8MCKoHIfHRpDtTM/pubhtml ​ $ARCT - This is a great value at tgus price and a strong support as well. There is a very slight uptrend as well. good price, all indicators are low; I like it a lot. ​ $AUPH - Another great support within this channel and we are at a great value right here. Indicators all low and showing some life which is great. ​ $DDOG - Just another great value play, with low indicators with plenty of room to run up. ​ $DKNG - A little high for me, so I am going to wait for a better price myself. Indicatotrs all low, and seems to be done with earnings plays. ​ $FIVN - Trend line held super well. Support is right here and looks really good and strong, so it is a good play here. If it can hold up here we may see the POC Shift up. ​ $GRNQ - Great uptrend for a penny stock. Super strong support and has massive breakout history. Could make or break your portfolio if you play this though. ​ $KNDI - Really great penny stock setup right here. Good value for sure, indicators are super low as well. ​ $PSNL - We have one of my favorite stocks just die into value. Used to bounce off the 200EMA like a dream, but now we are going to tryand get into it at this strong support. ​ $SMAR - Gorgeous uptrend, and we have a very strong support here. Right above volume as well so I think this is a great value bullish play as well.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  2. ZKIN 15m Outlook (19/05/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has failed to impress as it has dropped by 8%. As the price of ZKIN failed to found support at $4.80, while being pushed down by a downtrend line, the price broke to the downside. The price immediately dipped to good known support at $4.50, from where it has bounce back above $4.80, however these gains failed to sustain above $4.80. As the bounce got denied, the price of ZKIN continued to fall and went for a test of support at $4.50. It has found some decent support at this level, but with continuous tests of this level, it has eventually led to a breakdown on which we are currently looking at. So where is the price headed? As of where the price stands right now, it's located on a trend line support so it should move higher from here. Speaking about support, current support is located at $4.30, where ZKIN has to find support in order to not fall any lower. Makes sense doesn't it. Let indicators help us. RSI suggests a slight bullish divergence, but it's about to break below 40, pushing bearish momentum to play. MACD wave indicator says that we are currently in the second long selling wave. These waves are pretty overextended and we look for a corrective buying wave to ride the price to at least to $4.80 soon. Unfortunately the overall short term trend has changed into a downtrend as the 20 EMA crossed below the 50 one.   submitted by   /u/imphare [link]   [comments]
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  3. S&P 500 (02/03/2021 - Reddit Stock Market)
    The S&P 500 is hanging on to the March trend-line, barely. I’ve admittedly been back-and-forth on the SPX this week and the unfolding of the Reverse Symmetrical Triangle (RST). The thing that has been firm is the importance of the long-term trend-line. With that, price is close to breaking it, and if it does, then the RST sequence discussed on Monday will be in play – decline off high, bounce, break the low of the first decline. This will have both the desired RST price sequence and March trend-line broken, the ideal scenario for would-be sellers. On a break below 3805, the first level of meaningful support clocks in at 3694, but as is the case with the NDX a broader target is in mind. The rising 200-day is currently at 3442, but will be higher by the time price meets it. How much higher will depend on how quickly the market declines, if it does.   submitted by   /u/Jackmor4 [link]   [comments]
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  4. My Watch List for 3/30/2021 (30/03/2021 - Reddit Stocks)
    $ALDX - Super strong support, brokers price target is super high. I think the potential for this one is massive. ​ $BDR - Beautiful channel up, and it is right near trend line up. This is beautiful but it is very volatile so do not get caught bag holding. ​ $BE - This a lot like $ALDX, with the support being mega strong here. If it holds could be a very easy 10 - 20% quickly. ​ $FET - This trend line is very strong, and it is also right above a support. I love this play, and it may need a few days to develop. ​ $HL - Fantastic trend up and support area. If this also holds could ne a very quick trip to $6.25 for some quick money. ​ $SQ - Again, a beautiful support and trend line up, gorgeous. If this holds it may be massive move coming. ​ $TAST - Quick % and we are right back here again, I love this play. If we hold again it could be the new $KPTI to me.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  5. ZKIN 15m Outlook (17/05/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has fell by almost 3%. As the price failed to hold above key support at $4.50, a breakdown has occurred. This breakdown led to extended losses to $4.30, where the dip was capped. Since then the price has been trying to break above key resistance at $4.50, but so far unsuccessfully. The break above $4.50 is necessary in order to bring the short term uptrend. The break of $4.50 also represents the break above the 50 EMA. Dip at $4.30 has created a new lower high, positive sign. But as the tests of $4.50 were unsuccessful we look for a retest of the trend of lower highs, a dip which has to be bought in order to break the $4.50 resistance. Current resistance is at $4.50, while support is at $4.30. Indicators. RSI is pointing towards on overall trend of higher lows. MACD is not giving a reliable signal, but it seems like the recent price action was mostly based on selling volume, so we would expect a buying one to follow up. Overall EMA trends remains an downtrend as the price continues to fail to find support at 20 or 50 EMA. Each time the price breaks above these levels, it breaks back below them.   submitted by   /u/imphare [link]   [comments]
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  6. Palantir's Stock Makes A Bullish Break. What's Next? (23/04/2021 - Reddit Stocks)
    https://www.benzinga.com/node/20754519 Palantir Technologies Inc (NYSE:PLTR) has plummeted over 50% from its all-time high of $45 made back on Jan. 27. Even when Palantir announced on April 5 it had secured a five-year, $89.9-million contract with the National Nuclear Security Administration, the stock failed to recover. The bottom may be in, however, because on Thursday Palantir’s stock made a bullish break upwards. Some options traders agree and bet over $529,655 Palantir’s stock is headed higher. The Palantir Chart: Palantir’s stock gapped down on Feb. 16 and began trading in a bullish falling wedge pattern. On Thursday, the stock broke out of the pattern and recaptured the eight-day exponential moving average (EMA) and on Thursday afternoon retested the top sloping line of the falling wedge. Palantir has also created a triple bottom pattern near support at the $21 mark, which is bullish. Although Palantir’s stock is trading above the eight-day EMA, it's still trading below the 21-day EMA with the eight-day EMA trending below the 21-day EMA, which is bearish. The stock has a gap left behind at the $30 point, however, and because gaps are filled 90% of the time, it's most likely Palantir will fill the overhead gap eventually. Bulls want Palantir’s stock to hold above the sloping line of the falling wedge and for an increase in bullish volume to push the stock up to its next resistance level at $25.21. If it can regain that level as support, it has room to fill the gap which coincides with the stock's next resistance level near $30. Bulls want Palantir’s stock to fall back into the falling wedge and continue to trade down until it loses support at $21.04. Under the $21 area, there is no support until $17.54 Why It’s Important: When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately. These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.   submitted by   /u/NineteenSixtySix [link]   [comments]
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  7. My Watchlist For 2/16/2021 (16/02/2021 - Reddit Stocks)
    I use the 180D/4H chart for most setups. I also use the RSI, Stochastic, Vortex, and 10-50-200EMA lines. but most importantly, price action is key. ​ MY FAVORITE: ARDX, HLIT, MAS ​ $AKTS - Coming down from earnings run up. Holding this support created by a gap well, and still basically in trend line support. RSI and Vortex are super low. ​ $ARDX - Super beautiful channel up right above support areas. It is trying to push high volume. Right above the 50EMA as well. Stoch and Vortex low which is great. ​ $CAH - this is a strong support, no real trendline here. It did break the 200EMA so keep that in mind. All indicators are low, so will this hold? Either way, very low risk play here. ​ $EMP - Great beginner play. Only 5-6% reward but very low risk as well. Great support area here. All indicators super low which is great. ​ $HLIT - Gorgeous channel up, but the 50EMA broke. 200 is near by, but we have a beautiful support line here too. Indicators low, so I think a reversal is near. ​ $MAS - gorgeous channel right and up; it is showing higher lows. Indicators are fair, but the price action here is absolutely beautiful. ​ $WYY - Beautiful new ascending triangle forming. Right at support and trend, and again the goal is to minimize risk, which we are doing here. Indicators are low, so I think this is another great play.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  8. ZKIN 15m Outlook (22/03/2021 - Reddit Stocks)
    Since the last 15m Outlook, the price of ZKIN has grew by 11,4% as the is being traded in the middle of $13 of $12 area. In the last Outlook, we've expected a move to $10, which got rejected as the price found support really high at $10.63. After that, a strong resistance was found at $11.40, the price dipped again to $10.65 and $10.71, which created a clear trend of lower highs looking just on the pivots, a bullish sign. The breakdown to $10.71 led to buyers to come in as this is how ZKIN does the run ups. First of all it dips, then see a run to the upside. So the dip to $10.71 resulted in a 25.4% increase almost within an hour as the gains were capped at $13.43 per share. Currently the price has found support at $12 per share and again trends higher. A break of $13 will bring bullish momentum to at least to the local top at $13.43. A break of this bespoke top at $13.43 can lead to extended gains above $14 area easily, a break of $13.50 would be needed as a confirmation. As of writing this analysis, the price of ZKIN retested 20 EMA, and is now looking for a test of $13 to happen next. The price action seems to be printing a bull flag, which is a bullish continuation pattern with target above $14 area. MACD is currently in a second buying wave and as we know, usually three buying waves occur in a strong uptrend. An update, MACD has turned into a selling wave, but we have 15m of price action ahead of us that can change this forecast. Overall trend is a strong uptrend as the price just found again support on 20 EMA. RSI however is not giving any bearish divergences, but is about to break below 60, which would result in lack of bullish momentum. We wait 2 more minutes to see the next 15m close.. The RSI closed below 60, and we are now looking for a correction to 50 EMA at $11.40. We look for a correction to $11.40   submitted by   /u/BreianaOlson [link]   [comments]
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  9. My Watchlist For 3/15/2021 - Not Financial Advice lol (14/03/2021 - Reddit Stocks)
    $ADVM - Just a great value with a lot of super strong support over the last 3 - 5 years below it. Indicators are diving so we need some form of life first. ​ $ALVR - This is a very strong support area for sure. It is on the POC so it may consolidate here for a while. But all indicators are low and it is at support! ​ $CMT - Right on the 200EMA and support, right ahead of the uptrend channel. Indicators are low but still pointing south so it needs a few days. ​ $COGT - Just a great support area and it is important to understand that is all it has. But fantastic support and history here. ​ $DOCU - Was a beautiful channel, but now it is a horizontal play. This is a super strong support area and low risk play. For a full move we can see some great profits. ​ $GOGO - Horizontal triangle play is forming here. We are right by trend line and support. All indicators are low so we got plenty of room to run up. ​ $NFE - We are a bit above trend line support but this is a beautiful setup. Let earnings come and do and move from there. ​ $PAGS - Beautiful uptrend and we are right there. I would wait for the price to get back above the 200EMA, but this is a beautiful setup. ​ $VG - Beautiful channel down but it is right at support as well. Great support area and trend, and this can really make some great moves if the market continues moving up.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  10. ZKIN 15m Outlook (20/05/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has dropped by 2% as it's being traded for $4.34 per share. On the hourly outlook we have spotted a falling wedge pattern which had bias to break to the upside. This pattern has broke to the upside yes, but the gains were pretty mediocre as they were capped at $4.60 per share. The minor pivot resistance has been tested 4 times in a row with a series of unsuccessful tests which eventually led to a breakdown to good known support at $4.30. The price action seems to be creating a rounded top pattern, which has bias to break to the downside, below $4.30. Currently we are seeing that the price is testing the support at $4.30 and has created a new lower low, following the pivot low at $4.34 by a low at $4.30. What are indicators suggesting, will the price recover or fall below $4.30? A break below $4.30 will surely not be ideal as there is little support below it and could lead to some serious losses. RSI has failed to break above 60 several this. This failed break above 60 is connected with price action being unable to break above $4.60. MACD wave indicator is currently suggesting that a selling wave is present and the bearish volume is increasing. Overall trend on this short time frame is a strong downtrend. A break below $4.30 will lead to extended losses to $4.20.   submitted by   /u/imphare [link]   [comments]
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  11. Nasdaq 100 Broke Big Support, S&P 500 Teetering: Technical Analysis (02/03/2021 - Reddit Stock Market)
    U.S. INDICES TECHNICAL HIGHLIGHTS: S&P 500 on the verge of breaking the March trend-line Nasdaq 100 already below March trend-line, may target long-term support U.S. stocks are breaking down after undergoing what looked like a successful support test. The once-leading bull market darling Nasdaq 100 is trading below the March trend-line. FANMAG (FB, AAPL, NFLX, MSFT, AMZN, GOOG) and TSLA have been under some pressure recently, while old school names (i.e. Dow stocks) have been rallying. With the broader indices starting to roll over we could see a concerted stock market sell-off develop. The March trend-line held on Tuesday, with a sizable reversal occurring in the NDX. This pointed to the possibility of the pullback ending, but that doesn’t appear to be the case anymore. A close below the Tuesday low will help really turn the picture bearish. The first level of support to watch is the high from September 2 at 12439. Beneath there lies smaller levels, but given how extended the market had become in recent months, a broader downside target looks at risk here. The 200-day MA is rising up, currently at 11563. Pulling back to the weekly log chart, we can see the top of the once decade-long bull market channel. This also aligns roughly with the 200-day MA. A decline to that point would be a sizable drop off the highs, but in the grand scheme of things it might turn out to be yet another moderate bull market pullback. We’ll have to wait to make further judgement on pullback versus something more damaging.   submitted by   /u/Jackmor4 [link]   [comments]
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  12. ZKIN 2h Outlook (23/04/2021 - Reddit Stock Market)
    Last time we've taken a look at a higher time frame than our usual 15m one, it was a daily time frame. The bias of this daily time frame remains unchanged, price found support at trend line and we look at least for a oversold correction to $7 area. Can the smaller hourly time frame confirm this bias? As we've said yesterday, we've spotted an important aspect about the chart on larger time frame than the 15m one and now we are bringing it to you. It seems as the price has formed a trend reversal inverted head and shoulders pattern. A clear break above $5.60 can confirm the pattern break to the upside, however a break above $6 will be a strong confirmation. Yet a break above $5.90 could be enough to see stronger extended gains. The hourly overall downtrend now lasts almost a whole month and this trend is not likely to continue as it's very overextended, oversold bounded to a correction higher. If the price breaks above $5.60, we look the hourly trend to change into an overall uptrend again. RSI continues to fail break above 60 bringing bullish momentum into play as the trend is still a downtrend. MACD is on a buying wave and bullish pressure is increasing. Key resistance levels. $5.80 $6.00 $6.33 (pivot resistance), if the price gets stuck here, we may see a bigger inverted head and shoulders pattern. $6.80 $7.15 If we have to summarize the recent price action, the dips were bought and lack of bearish presence is surely a concern for bears which could lead to potential reversal as price action is suggesting.   submitted by   /u/imphare [link]   [comments]
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  13. ZKIN 15m Outlook (18/05/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has increased by impressive 16% as it's being traded above psychological resistance at $5 per share. The double bottom pattern seen a success! As the price broke trough the key resistance at $4.50 and broke through our break confirmation level at $4.55, extended gains to the next key resistance were being immediately seen! The price action then took a deep breath and done a test, which would decide whether this rally can continue or this would be just another spike. As the price found support at previous resistance at $4.50, the gains has continued to extend. The price was then testing the key resistance at $4.80 for a while with a successful break in the end! This successful break has quickly led the gains to $5.25 where it has found some resistance. As of where the price action stands right now, we look for a retest of previous resistance at $4.80 to confirm it as a support before any further move to the upside. Strong volume is present. Indicators. RSI has broke above 60, meaning that bullish momentum is present with no signs of slowing down or any bearish divergence. MACD is in a really strong buying wave while the buying volume keeps increasing. The overall short term trend has finnally changed into a strong uptrend. A break below $4.50 could change the trend back to downtrend. However this is pretty unlikely to happen. As of writing this analysis, the price has found support at $4.80 and is ready to move higher! Resistance levels $5.00 $5.25 $5.40 $5.60 $5.80 $6.00   submitted by   /u/imphare [link]   [comments]
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  14. $NVTA: bullish Bat pattern still in play with invalidation line at 29.20. See targets on chart. Most ideal entry at this point is on next support (purple rising line, around 33), but now's ok too. Second pic is zoomed in more. //Tags: $SPX $SPY $ES $N (19/04/2021 - Reddit Stock Market)
      submitted by   /u/PerennialSynergy [link]   [comments]
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  15. Momo Inc. (MOMO) Q1 2021 Earnings Call Transcript (08/06/2021 - AlphaStreet)
    Momo Inc. (NASDAQ: MOMO) Q1 2021 earnings call dated Jun. 08, 2021 Presentation: Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter of 2021… This content is for members only. Visit the site and log in/register to read.The post Momo Inc. (MOMO) Q1 2021 Earnings Call Transcript first appeared on AlphaStreet.
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  16. Buy these two stocks for near-term gains; Nifty en route to test life-time highs soon (20/05/2021 - Financial Express)
    On the daily chart, the Nifty continues to hold above a rising trend line that has held the important lows of the last few months.
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  17. My Watchlist For 5/11/2021 - Low Risk Plays With A Proper Stop Loss (11/05/2021 - Reddit Stocks)
    $AMAT - Great triangle that is approaching the support as well. I like the deal but I want a slightly better price here first. ​ $ERII - We have a very strong support, but we lost the trend line which is a bit upsetting. This is a great support area but we may consolidate here for a few days. ​ $FNGU - Most y'all just buy tech anyway so here is a great blue chip tech ETF at value, give it a shot it may be easier than managing $GOOG and $AMZN separate. ​ $LIVN - We are a few days or dollars from the BEST value - but this is a great area to be. If we hit the support trend we may see a great move up. ​ $LPRO - We lost the channel up trend somewhat, BUT this support area is very strong. I wish we still had trend support but this is still great. ​ $SPT - Approaching support trend as well, and support is right here. I do enjoy this play but I REALLY need to see some life first. ​ $SQ - Amazing play right in value - Love this kind of play here. If we see some life it may be a great HODL. ​ $SVRA - Great breakout potential, but we need a slightly better price to me. I do like this play a lot, but I want a better buy in myself.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  18. PLTR Analysis: Expectations (02/03/2021 - Reddit Stock Market)
    Buy the dip? Palantir is in a very crucial position right now sitting on strong support. With volume and publicity increasing over past few months, PLTR can be seen as a huge buying point as of now. With a dip coming from the choppy/bearish market and pullback from recent breakout, we are sitting pretty. We are looking for a bounce off of support to continue this strong uptrend. If we fall below support, it could be GGs. Option flow is saying we are bullish, but break on support will say otherwise. Either way we will find out in the next few days. https://preview.redd.it/9h9v5bq42ik61.png?width=1706&format=png&auto=webp&s=5f09b721b3035177ad78dde51a311bb2f058f349   submitted by   /u/MoistBands [link]   [comments]
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  19. ZKIN 15m Outlook (16/03/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN fell 15% in value as one ZKIN is share being traded at $7.40 area. After the price of ZKIN haven't been able to break above $8.80, the price broke below $8.40 which led to extended losses to $7.80. Then the price tried to get back into the $8.40 - $9.00 area, but the gains were capped at $8.50 where a pivot was created. After this denial the price broke below $7.80 which led to extended losses to $7.30 area. The price has dipped below $7.30 level all the way to $6.90 where losses were capped and dip was bought. As dips still continue to attract buyers this oversold dip was bought and the price is currently testing the previous support, which acts as a resistance now at $7.80 per share. A break above $7.80 will lead to extended gains to $8.40. A break below $7.20 will lead to extended losses to $6.70. The price has to break above $7.80 shortly in order to change the short term trend into an uptrend as EMA's started to point towards a downtrend. RSI has bounced from the oversold zone below 40, but is again on thin ice as it's holding at 40 level. MACD is in a second strong selling wave and is testing a change into a buy signal. However a third selling wave can still be seen. Such correction as we seeing now could have been expected as yesterday ZKIN saw strong gains. What is important that the daily trend now consists of higher lows. ​ ​ https://preview.redd.it/onyt6wniyen61.jpg?width=1280&format=pjpg&auto=webp&s=991a114f0a427e4b67d7a560f9d43cbc583532d8   submitted by   /u/BreianaOlson [link]   [comments]
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  20. How To Trade Opening Range Breakout (ORB) (Scanners Included) (15/03/2021 - Reddit Stock Market)
    TL;DR: Breakdown of how to trade the opening range breakout strategy. Included screens and scripts to add to your charting to make it easier to use. You can download those and view the full post here: https://maxxprofits.com/ I'm sure some of you have heard a little bit about the ORB Strategy whether that be through different online communities or educational content. This is a very simple, easy to use strategy that allows you to see when breakouts or breakdowns are happening on a specific stock. I am going to show you how the strategy works and how to use it as well as give you the studies to put on your ThinkorSwim charts, give you the scanners to scan for stocks that had a breakout or breakdown, and give you an easy to read column to add to your watchlist to see what stocks are breaking up or down. Let’s jump into it! How It Works There are several ways to trade this strategy but first let's talk real quick about how it works. The way the opening range strategy works is it takes the highest price of a stock within the first 30 minutes of the day and the low of the first 30 minutes of the day and draws lines for both. So let's breakdown a quick example. Say TSLA opens the day at $575, then within the first 30 minutes it has a high of $578 and a low of $571 within that first 30 minutes of the market being open. This strategy will draw a line at $278 and a line at $271 on your chart. Then you can play the chart multiple ways off of those lines, let’s take a look at the most common strategies. The strategy will also create a grey box highlighting the first 30 minutes of the day. It will also draw a line at the "midpoint" or the middle of the opening range high and low. Opening Range Breakout https://preview.redd.it/halmybp1f3n61.png?width=1800&format=png&auto=webp&s=b0176bfa8b350a510c9138c279a1cc6292fd5894 As you can see from the chart above, all the lines and data are already drawn out for you. You can also see the stock break above the red line, that would ideally be your entry for a long or call position. You can then see the stock has a nice run-up after the breakout. This is the most common way to play the ORB strategy. Opening Range Breakdown https://preview.redd.it/uqzfulr2f3n61.png?width=1794&format=png&auto=webp&s=341bf484b4c3a360d06364b9c21fdbf203794af6 The second most common is the Opening Range Breakdown, this is essentially the opposite of the breakout, you are watching for the stock to break the bottom ORB line and then you would enter a short or put position and as you can see the stock continues to dive lower. Opening Range - Support/Resistance https://preview.redd.it/3c239v64f3n61.png?width=1784&format=png&auto=webp&s=c42abb12904da8f7499f53a812dce5198d8a978e The final way to play this is as an intraday Support/Resistance channel. AIG chart above is a good example of that. You can see how the stock just traded a little sideways right on that bottom ORB and then bounced up off of it. You can play this the reverse way as well if the stock trades sideways up at the top of the ORB. Important Tips: When playing this strategy make sure you are utilizing the 5 minute chart. When using the breakout or breakdown strategy, DO NOT enter the trade until the 5 minute candle has closed above or below the top or bottom orb Scanners I will also provide a scanner that will scan for all the stocks that are above the top ORB as well as all the stocks that are below the bottom ORB. This is great because maybe you don't have a lot of stocks on your watchlist, well this will scan the whole market for stocks and pull all the ones that have a breakout or breakdown. The possibilities of finding a trade everyday are endless! This scanner always finds a bunch of stocks everyday for you to trade. Here are all the studies you can add to your ThinkorSwim platform to get started with trading the ORB strategy: Opening Range Breakout Chart Study: http://tos.mx/U3wNJQ Opening Range Breakout(Above Top ORB) Scanner: http://tos.mx/OfhG4K Opening Range Breakdown(Below Bottom ORB) Scanner: http://tos.mx/yHriZl Hopefully this helps you understand how to trade the ORB strategy and these scanners help maximize your profits! Feel free to comment if you have any questions.   submitted by   /u/TheBreadMakerr [link]   [comments]
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  21. “You should never have to exercise options.” Was incorrect in this situation to exercise my put option? (27/02/2021 - Reddit Stock Market)
    I had $1.50 SNDL put options where my break even was 1.35. SNDL options are bought and sold in .05 increments. I came in at 0.15. When SNDL briefly reached 1.30 there were buyers at 0.20. On the day of expiration I noticed that SNDL had over a million buyers 1.31. The price of the stock would go down to 1.31 and was propped up by buy all these buys at 1.31. The option was worth 0.18 but the increments for sale are 0.05. I had a sell order for 0.20, but there were no buyers all day. I could have easily sold the option for 0.15 to break even, but instead I exercised by buying 10000 shares at 1.31 and selling at 1.50. I was able to make the difference minus the premium on the put option. It was only about $75. If I held the option to expiration does that $0.05 increment still apply? The option was worth 0.18, but there were no buyers at 0.20. Is this way I should have handled it?   submitted by   /u/wiserone29 [link]   [comments]
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  22. ZKIN 15m Outlook (14/04/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has gained almost 7% in value as it's being traded back above $7 per share. A first bull signs start to show up as volume has increased sharply today. We've already had the same amount of trades today by now, that we had yesterday! A volume spike led to a price spike to $8 per share. A strong buying demand has arrived as the price broke above $7.00 and change the overall trend to uptrend. The price failed to hold at $8 which would be expected from such sharp move from a downtrend, but it has managed to find a support at 20 and 50 EMA's, which means that the 15m uptrend is likely to begin! This will lead the long almost 6 days long 15 minute downtrend which made the price of ZKIN very oversold. Same as before. This is no more any early optimism, but it seems like another uptrend as we've expected is forming. The key support is located at $7.00, where the EMA's are located. A break below this support would lead to a prolonged downtrend, which ZKIN's price can't really handle in order to remain in overall uptrend. Maybe one more dip, but it's unlikely. RSI continues to see some bullish pressure as it's in a trend of higher highs and lows. A break above 60 as you may know by now, will bring bullish momentum, pushing the price back to $8 area possibly. MACD is in a buying wave with no further plans, that she would like to tell us on this time frame. Overall trend has changed into an uptrend! We now expect, based on our continuous analyses and outlooks, the price of ZKIN from now on to move higher, in a trend of higher highs and higher lows.   submitted by   /u/BreianaOlson [link]   [comments]
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  23. Feeling great about TGT (21/05/2021 - Reddit Stocks)
    I am a huge TGT fan. Watched my position grow from a price of $90 up above $220 today. I saw many price target revisions between $250-$260 come out after earnings. I usually comment TGT in the threads I see asking for top picks. It’s satisfying to see a long held pick grow consistently. It’s validating to see strong fundamentals as well as future vision lead to price growth, especially as I see several posts saying earnings are totally detached from share price. And I feel compelled to cheerlead my favorite stock. Wanted to share with the community and see what others are thinking about Target   submitted by   /u/Didntlikedefaultname [link]   [comments]
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  24. $ZKIN we look for a correction higher, possibly testing $5.40. (10/05/2021 - Reddit Stock Market)
    Since the last 15m outlook the price of ZKIN has fell by 6% as it's being valued slightly above $5 per share. We've expected in our previous analysis that the price will move towards a test of $5.60, which break of could easily reach $6 per share. At first try, the price action wasn't able to break above previous local high at $5.47, causing the price to test the support of the flag pattern. Support failed to hold and the price broke below it, however this dip attracted buyers and a break of $5.60 happened. The break of $5.60 led to extended gains to almost $6 per share, as gains were capped at $5.97. Impressive volume has arrived, however the price action wasn't able to sustain above bespoke resistance at $5.60, which led to a selloff. Currently the price is still under selling pressure and has created a new lower low at $5.06, luckily just a $0.03 lower than the previous one so nothing too significant. As long as we don't see a drop below $4.80, the price should just be fine. Current price action won't tell us anything about possible reversal, however the 5 minute time frame seems to be forming a falling wedge, which we've seen previously. RSI is creating a bullish divergence, an inconsistency between the oscillator and the price action. The price action has created a lower low while the oscillator created a higher one. This fact is pointing towards a correction to the upside to occur. MACD is in a really significant selling wave, however such strong pressure has never been able to sustain for an extended period of time base on the chart history. We look for selling volume to falter from now on. Overall trend unfortunately wasn't able to sustain in uptrend as the price broke below both 20 and 50 EMA, meaning the short term is a strong downtrend, but an overextended one calling for an oversold correction to the upside. In conclusion, we look for a correction higher, possibly testing $5.40.   submitted by   /u/BreianaOlson [link]   [comments]
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  25. Dollar, Gold And Silver: The Market Takes A Break (03/05/2021 - INO.com)
    The market does not move in a straight line. I anticipated a correction to start in the U.S. dollar index (DXY) as it moved down too far without a break, and it came at the end of last week. Traders decided to book some profit ahead of a weekend, pushing the price of the dollar […] The post Dollar, Gold And Silver: The Market Takes A Break appeared first on INO.com Trader's Blog.
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  26. $ZKIN. Another one to the moon? (22/04/2021 - Reddit Stock Market)
    Since the last 15m outlook the price of ZKIN grew by almost 5% as it's currently valued above strong resistance at $5.40. What has happened since the last outlook? As we've expected, the price first of all seen a dip that has attracted buying pressure. This is now pretty common in ZKIN price action. The buying pressure from the dip has created a bullish pattern called a bull flag which has managed to broke above $5.40. Break above $5.40 led quickly to extended gains which retested the key resistance at $5.80 twice before giving up. As the gains were capped at $5.80, the price failed to break above the key resistance which has led to a deeper correction with low at $5.21. What's important is that this dip was bought into and the price is back above $5.40, which is important for the price to hold above in order to remain in short term uptrend. As the dip was bought, we are looking for another test of $5.80, a break of this level could lead to some serious gains. Indicators. As we've said, the price of ZKIN is currently in overall short term uptrend. RSI is neutral level meaning no momentum is present, but in overall uptrend. MACD is pointing towards a corrective wave which losses are starting to falter. Oh, and one more thing. From the first look at the chart, we've immediately spotted one important aspect about the chart that we will interpret on a higher time frame so stay tuned.   submitted by   /u/BreianaOlson [link]   [comments]
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  27. ZKIN 15m Outlook (21/05/2021 - Reddit Stock Market)
    The recent price action failed to attract buyers as the price has decreased by almost 3%, although we were expecting a move to the upside. Even though it seems like dips are getting bought, the price has managed to breakdown below $4.20, resulting in a new low at $4.04 where it seems like it finally attracted some decent buying power. Still the price doesn't show any clear indication of a trend change, just a dip that got bought. It's important to break above $4.20 to close daily candle in similar fashion as we are used, to make it seem as the dips to $4 area are getting bought on regular. We think the way how ZKIN will change it's trend will be an oversold bounce, a dip that will lead into a strong buying pressure as before. On the bright side, it's enough to break above resistance at $4.30, which break of will change the short term downtrend, into an uptrend. Current support is located at $4.10 where the support was strongest in this drop and resistance is located at $4.20. Indicators. RSI broke the trend of higher lows, broke below 40 which led to the bespoke break to $4.04 per share. As of right now, RSI is above 40 meaning that the bearish momentum isn't anymore and the price shouldn't drop further. MACD has started a corrective buying wave with buying volume increasing so far. The overall trend still remains a downtrend.   submitted by   /u/imphare [link]   [comments]
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  28. $SPOT with interesting setup (23/04/2021 - Reddit Stock Market)
    Checking out Spotify today and it has some interesting looking action in options market and price chart has some profitable setups. First, call action is really heavy today and at the ask with a lot of energy so buyers are paying up for calls in size. https://preview.redd.it/ug6nf8axhyu61.png?width=1906&format=png&auto=webp&s=0e411d36ae7e228e911452d7495040a2d1d0f802 Second, the overall landscape of the options market by contract is really bullish with calls overwhelming puts on most strikes. https://preview.redd.it/u9utd671iyu61.png?width=1906&format=png&auto=webp&s=f3bc354729e2b42cb6cc6e55eb1b93a1fce21dc0 Gamma Exposure is back to neutral now (after being bearish) so if it flips bullish it will support BTD action in price if it gets started. https://preview.redd.it/nk51o1zaiyu61.png?width=1906&format=png&auto=webp&s=c0b2d4afe606262584884f4fbf4557a1260dbb4f Looking at the price chart - it held support at the critical bull/bear pivot and is now challenging the VWAP (blue line). IF it clears that then resistance is only at the pink VPOC node (volume point of control) and then the red FVG (unfilled auction gap) at $349. Momentum is picking up stronger and is bullish if today's price action finishes this way. https://preview.redd.it/dbpd08qbiyu61.png?width=1906&format=png&auto=webp&s=6cd7412c47c208276560a1125c03751c845cee74 So two ways to play it as I can tell: 1) If price breaks through the VWAP then it could easily get bullish up to $349. 2) If price fails at the VWAP or at the pink VPOC and doesn't get back to $349, then a good short may formulate. Good setups forming either way with the action in $SPOT. Definitely some tradable price action.   submitted by   /u/voliswell [link]   [comments]
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  29. $ZKIN 15m Outlook. Time for $9 per share? (17/03/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has rise over 12% in value as it's currently being traded under $8.30 per share. Yesterday attempt to move higher failed as it was capped at $7.50 three times in a row, resulting in a triple top. Fortunately this triple top was canceled as the price found support at the pivot support at $6.75, which has resulted in a double bottom formation. Dip to this level attracted a lot of buying pressure and so far has resulted in almost 30% price increase in under few hours. (from $6.75 to $8.74) The break of $7.30 led to a stronger buying momentum. To see similar volume soon, the price of ZKIN would need to break above $9.00 per share, which is not impossible just not likely as much to happen in this run. A more realistic would be a test of this bespoken resistance at $9.00 and then retest of $8.40. As the price stands now, is currently in area from $7.80 to $8.40. Indicators. RSI is strongly bullish as its highly above 60 resulting in bullish momentum still being present and has a lot of room for correction before losing this momentum. MACD is in a strong buying wave and the bullish momentum keeps increasing, however it can be capped soon as statistics suggests. The short term trend has turned into an strong uptrend as 20 EMA broke above the 50 one.   submitted by   /u/BreianaOlson [link]   [comments]
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  30. XL Fleet Update (post-short report) (07/03/2021 - Reddit Stock Market)
    I really think XL Fleet is a great buy. After the fallout from the short seller's questionable (IMHO) report it has bounced back a reasonable amount already. Let's not forget that, just before said report, XL Fleet released a Press Release informing the public of a major deal with the UBS arena to install 1,000 wireless vehicle charging stations which could become one of the largest charging site of its kind in the country. They also entered into a Partnership with Curbtender to create a Fleet of all-electric and plug in hybrid garbage trucks. Over the past 2 days, several experts are still declaring a 60% Upside Potential Technical Analysis Of the stock shows that now is the time to enter into a long position. "1.A wedge started to form end of December 2020, and usually this leads to outbreak in stock price. 2.The wedge strained stock price movement in Q1 of 2021, and finally break out was downward due to broader market selloff. 3.A fair support should have been the green line, but I believe sell off and wedge downward break out motivated the short seller to release his report only to cause major downward collapse towards the golden line 4.Now the 1M question, is whether the golden line is the bottom. I drew this line in gold, because I think this was the golden price to buy. In my opinion it is , by looking the size of rebound after price touched the golden line (more than 16% increase in 4 hours) in addition to high oversold conditions. 5.Now depending on price movement/rebound size on Monday, I can see a second short ranged wedge forming on the hourly chart that could lead to massive price outbreak." -credit for stellar analysis r/bullmarketbeast Self-imposed Disclaimer: It is my opinion that XL Fleet is set to rise to record levels. This post contains “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. As always, do your own DD! P.S. Before anyone comments on this warning people that my account is relatively new. I realize my karma is low, I'm working on building it up. I just don't feel right artificially inflating my karma score through pointless posts and comments that have no substance. Hopefully me pointing this fact out myself will alleviate anyone's concerns as to my intentions or the validity of my statements. Every effort is made by me to provide original sourcing (best effort practices) of all quotes and expert opinions, as well as any news reports.   submitted by   /u/Electrical-Painter29 [link]   [comments]
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  31. $MSFT Bullish Sentiment - DD Included (10/03/2021 - Reddit Stocks)
    TL;DR: In depth breakdown of MSFT and why I believe it is a good buy at the moment. I did provide chart breakdowns and analysis in the post but cannot post them to this subreddit. If you would like to read the full post including the chart breakdowns you can do so here: https://maxxprofits.com/p/msft-bullish-sentiment ​ The tech giants really took a hit recently. While a lot of people panicked and sold on the hype of inflation and chip shortages I took this opportunity to buy buy buy. This article is going to focus on one of those buys specifically. Microsoft (MSFT) Not only do I believe that MSFT is a great stable company but it’s also at a price point that I would consider a value. Some of you reading this might think…Wait a second, how can a company be a value buy when it’s sitting near all time high’s? When I say value I don’t mean the Graham-Buffett type of value investing. With this market those types of buys are rare because everything has gone up, up and away. What I’m looking for is companies that I feel strongly bullish on for many years to come aligning with certain technical indicators on the chart. Let’s dive into the meat and potatoes of why I feel MSFT is a great buy. {Chart Breakdown} As you can see MSFT recently peaked at all time high’s of $246.13 on February 16, 2021. After divvies were paid we see it trickle down to the 50EMA and slightly bounce up until we hit the market correction that arrived in early March. On this chart the blue line is the 50EMA and the pink line is the 200EMA. I use these two points for various reasons but just know that the 50EMA(blue) acts sort of like a support line. We can see it trickle down a little bit below it but the last time it saw more than two weeks under the 50EMA was March 2020 and we saw it drop below the 200EMA as well for obvious reasons. {Chart Breakdown} Crossing below the 50EMA is a bearish sign to a degree. Crossing below the 200EMA is a hard bearish sign that we shouldn’t ignore. Thankfully, MSFT is far off from it’s 200EMA and I don’t see it getting close anytime soon. Part A of my technical analysis focuses on the price bouncing off it’s 50 day moving average. We now know that the market has corrected, the price rejected the support and reversed and unless the market flips it and reverses it we should see some movement up. Part B is where the real magic lays. For anyone who hasn’t traded with me in the past - I live by the MFI. I get questions all the time why I choose MFI over RSI and just know…MFI don’t lie. The MFI stands for Money Flow Index and it shows the money coming in and out. It helps traders identify overbought and oversold levels. The MFI starts getting overbought when it crosses above 60. I personally don’t really consider it truly overbought until we cross above 80. Oversold levels are 20s and below. {Chart Breakdown} This is a zoomed out daily chart of MSFT going back to summer of 2017. The MFI only crossed below 30 twice in the past 3.5 years. October 10, 2018 and March 04, 2021. MSFT had some ups and downs in 2018 and people didn’t like that so it sold off. It didn’t really start recovering until late December of that same year and that recovery didn’t stop until our friend COVID arrived: {Chart Breakdown} Now, with the price dropping significantly one would think the MFI would immediately go into extreme oversold conditions….but it didn’t. The price of MSFT dropped from 190 to 131 in such a rapid short time but our MFI held strong at 31. Since then the MFI has dropped down to 31-32 on two other occasions and quickly reversed: {Chart Breakdown} Each of these reversals saw a +10%-15% price increase fairly quickly. In the times of roaring GME gains I understand that 10-15% seems like weak sauce but to us investing vets thats a solid ass play. What makes this play even better is that bounce off the 50EMA. In my personal opinion with the combination of the MFI being so low we are about to see MSFT soar past it’s all time high and fly with the eagles in the cloud. Standard Risk: Buy MSFT stock $235-$237 Riskier: Buy MSFT LEAPs for January 2022, March 2022 or June 2022. Balls to the Wall Risk: APR 23 $240 Call Are you fucking insane: MAR 19 $240 Call There you have it folks. Again, this isn’t financial advice it’s just the opinion of one investor to another. I hope you enjoyed this break down.   submitted by   /u/TheBreadMakerr [link]   [comments]
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  32. Robinhood help!! (20/03/2021 - Reddit Stock Market)
    Okay so I am really REALLY new to stocks. The only experience I have is in middle school there was a simulator website that was based on the actual stock market prices at that moment. The only thing was it didn't implement that the stock market opened and closed. So I bought $1.00 in Hershey today while the stock market was closed and the line was flat. My less than one stock is still in queue (I pourpously am only using small sums of money I know I won't get much back in return if it sky rockets but I don't know that much so I would rather play it a bit safe) My question is will my share be when the market opens or when I bought it during the flat line?   submitted by   /u/Possible-Country-180 [link]   [comments]
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  33. ZKIN 15m (05/05/2021 - Reddit Stock Market)
    Since the last outlook the price hasn't changed much as it has changed less than a one percent, unfortunately negatively changed. The last price action pattern flag has failed to break to the upside as the gains were capped at pivot at $5.94. It looked very promising yesterday for the short term trend to change, however the price broke back below 50 EMA, prolonging the overall short term downtrend. Dips still continue to attract buyers as the dip bottomed out at $5.70 and found some decent buying power as gains quickly retested key resistance at $6. Somewhat decent volume was seen today at market open, both buying and selling. Overall current price action is still managing to hold above both EMA's, above current support at $5.80. It's important for the price to stay above this level in order to change the short trend. We now look for another test of $6. Indicators. EMA's as we've said are still suggesting a downtrend to be present. But as long as the price stays confidently above $5.80, we can be expecting finally a change of the trend. Because trend is way more likely to continue than to change, that's why we are seeing another bit longer downtrend. MACD just gave a buy signal with a second oscillator signal as a buying confirmation. Demand indicator is very close to show bullish momentum being present, a break above 60 will do the trick, however it has to find support at afterwards in order to continue in this buying pressure.   submitted by   /u/imphare [link]   [comments]
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  34. Since the last outlook the price of ZKIN has increased by almost 3%. (07/05/2021 - Reddit Stock Market)
    The price of ZKIN shares has successfully broke from the falling wedge bullish pattern to the upside with a local top at $5.50 per share. This breakout has failed to sustain and immediately tested support at $5.20 where it has attracted buyers and once again immediately tested $5.40 area. Currently the price of ZKIN is still giving the resistance at $5.40 some hard time. It's not important now to break above this value, rather stay above it and confirm $5.40 as a support. Confirming $5.40 as a support would change the overall short term downtrend into a long awaited uptrend. The overall trend remains still a downtrend, hovering above $5.40 can easily change this trend. Still this is just an oversold bounce, but considering it's coming from a bullish pattern which sometimes changes the trend, it's likely to get changed. Current resistance is now at $5.40 and support at $5.20. RSI is in a clear trend of higher highs and lows. A break above 60 is necessary in order to see another move to the upside, that could reach the price of $5.60 with spikes higher. MACD is in a long buying wave. A corrective wave is expected soon as this buying wave is pretty overextended. In conclusion, the short term signals are pretty neutral, with a lack of clear direction for now.   submitted by   /u/imphare [link]   [comments]
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  35. Atos . The next big hit . (06/06/2021 - Reddit Stock Market)
    Good morning from Europe guys ( malta ) . I have held atos at 3.18 , 25k worth of shares . Battled trough the storm and held trough the 1’s ... well done to all holders . I urge people to be patient . I honestly think , realistically this will be at 10-15 in July and this is why : 1 : shorts have to cover their position , remember when we went down to the 1’s ? Those were people trying to take your money !! The more we hold , the price goes up meaning shorts have to cover by buying shares which will make the price sky rocket . 2 : Russell index : certain amount of shares Have to be bought ( millions ) from the 25th onwards . 3 : ‘ overwhelming positive results ‘ from phase 2 trail . 4 : possible buyout from large pharmaceutical company’s . 5 : respected tutes like vanguard etc .. added their position in atos . GOODLUCK ! Just friendly advice : i bought express inc at 1.18 and sold at 2 . Bought amc at 2 and sold at 5 . Bought herts at 50 cents and sold for a loss because of de listing ( now its 6 ) ... i wont make that mistake again .. i am going to hold .   submitted by   /u/Jp_199522 [link]   [comments]
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  36. Plays For The Upcoming Week (Mar 22-26) (22/03/2021 - Reddit Stocks)
    Happy Monday r/stocks! I've been posting these every week over in r/options which some people actually enjoy so I thought this would be beneficial here for some of you. I'm SUPER LATE compared to when I usually post this, but below you'll find the watchlist notes for potential plays this week! I usually do a livestream every Sunday and do the charting so people can watch and learn, but I couldn't do it yesterday. However, I had the Discord members send me their tickers so that I could chart them when I had time. Below is my technical analysis with targets for what they sent me. If you want to see the charts along with the notes included, you can view them here. Last week was rough for everyone (although I'm sure everyone will agree that the Powell pump on Wed was AMAZING) so I hope this week is a lot better for you! -Davin ------------------------------------------------------------------------------------------------------------------------------------------------Recap From Last Week’s Watchlist // Tickers = 6 // Targets Hit = 2 // Success Rate: 33% $RIDE----No targets hit. Held the support we identified, but couldn’t fill the gap up to $18. Slowly bled off the rest of the week down to a low of $12.60 $AQB----first target hit on Monday. It was $0.01 away from reaching our second target. Been choppy all week, but still holding above support line that it was resting on the prior Friday during AH $UBER----no targets hit. Highest it reached was $61.02 on Tuesday, but that was still $0.28 away from our first target. Fell all throughout Tuesday and Wednesday, stayed above 200 EMA on 4hr chart from Wednesday to Friday. Now back above 23.6% fib level so could be a potential play heading into this new week $AM----no targets hit. Uptrend support didn’t hold and slowly trended down throughout the week. $PLTR----no targets hit. First target was missed by $0.28 which was during premarket on Monday. PLTR took a doodoo throughout the rest of the week and hit a low of $23.39 ------------------------------------------------------------------------------------------------------------------------------------------------ *\* - denotes the plays from the members that I really like and will be watching as well $FUBO: seems to be holding support along the 61.8% fib level which is plotted as $29.55. If that holds and volume comes through we could see a gap fill up to $35.77. It’s holding support really well AND showing low volume the past two weeks, which is great to see if you’re wanting to go long because it shows strength even with decreased trading. PT if $29.55 holds: $33 (conservative) > high $35’s ​ **$SPCE: Looking at the daily chart, I’m thinking it’ll fall down instead of head up, but we’ll have to see what happens during PM and Monday. If it can reclaim the downtrend resistance as support, then we can focus on the resistances as our targets. But, I’ll focus on the downside for now with how the chart is looking unless something shows me otherwise. PT: $30 (low of prior trading day candles) > $28 (200 ema) > $24 (0% fib level from drawing on downtrend) ​ $TME: Has earnings coming up later this morning, which is likely why it had a small run the past three trading days. Looks to have made new highs, so it’s a bit risky getting in now. I personally hate trading things when it’s at new highs until it starts consolidating and making new levels, but that’s not to say there’s no money to be made. I drew a fib extension to see what we’re dealing with and it looks like it already made it to the 100% extension level and is holding it as support on the 4hr. Hard to make a prediction where this could go ahead of earnings as I haven’t done any DD on the company, but I’ll give targets shown with the support/resistance levels below. PT (upside): low $31’s > high $32’s PT (downside): $30 > $29 > mid $28’s ​ **NFLX: Pretty much trading sideways the past two weeks. Hopefully that changes this week since the earnings report is coming up in about a month. Need to watch and wait to see if it breaks out of the consolidation it’s doing right now. More importantly, it needs to get above that $511 level and hold it as support to push up. If it fails that, we could see it drop towards the 200 EMA and uptrend support line, but I’m leaning more towards the upside due to earnings. PT (upside): $516 > $530 > $542 ​ **$AMD: Great looking chart as far as a buying opportunity goes. It’s near the key support level ($73.71) of the consolidation channel it’s been in since July of last year. Price is sitting on top of the 200 EMA on the daily chart as support, but if that gives we could see it falling to the uptrend support/key support in consolidation channel at what point I’d definitely want to take a position either shares or options a few weeks to a few months away. PT (upside): high $81’s > high $84’s > $87 > $89 PT (downside): high $77’s > high $75’s > $74 ​ **$RBLX: Bounced off the support at $67.17 and now trading real tight along the 200 EMA on the 4hr. Will need more trading time to see which way we’re heading because we’re also trading within a symmetrical triangle. Could break up towards resistance (which I’m leaning toward the most) or down towards support at which point I’d pay attention for a bounce. PT (upside): $72 > $76 ​ $AAPL: Will be paying attention to this as we have a current call option in play, but looks to be heading up from support (both the uptrend and downtrend) which is great! PT: mid $121’s > mid $122’s > $124 > $125 ​ $SBBP: Currently charting this as PM opened up and it took the hell off (LOL). If it holds this level at $4.63 we could see a gap fill to the high of PM of $5.46. PT (upside): $5.46 > $6.33 > $6.82 > $7.00 ​ ------------------------------------------------------------------------------------------------------------------------------------------------ Disclaimer: This information is for educational and entertainment purposes only. I am not a financial advisor and this does not constitute financial advice. What you do with your money is 100% your responsibility.   submitted by   /u/dnautatrades [link]   [comments]
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  37. ZKIN 15m Outlook (13/04/2021 - Reddit Stock Market)
    Since the last 15m Outlook, the price of ZKIN has fell by another 4% as the price continues to correct lower. In the last outlook we've expected after a break of $7.30 the price to start another uptrend. The impulsive move above $7.30 was impressive, however the gains failed to sustain above $7.30 which led a increased selling pressure. This break to showcases some interesting buying interest. The price is reaching a critical point where buyers have to show their interest in order to keep the daily trend an active uptrend. Yet, the price has still a bit of room to work with. As RSI is giving a bullish divergence signal for a while, we would expect the price to retest at least 50 EMA at $7.15. MACD is in a selling wave, however the bearish momentum starts to decrease as of writing this Outlook. The overall trend still remains a strong downtrend, but we look for any further losses to be limited.   submitted by   /u/BreianaOlson [link]   [comments]
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  38. My Watchlist for 4/28/2021 -- Bruce Swingsteen Is In The House (28/04/2021 - Reddit Stocks)
    $DHT - I think we can get a slightly better deal still here, but this is an amazing value play still. Support and trend coming together well - and all indicators are low. ​ $FHI - Price is right above support, trend line, and 200EMA? Love this kind of rising wedge plays. ​ $FSM - Amazing horizontal play. Not much more needs to be said - this is a possible massive play like $DAO or $IQ was looking like. ​ $GROW - Amazing trend line that came right down to support and 200EMA. Pair this with the life we see, $GROW does have some great potential. ​ $JAZZ - Gorgeous horizontal triangle forming here - which is also paired with the 200EMA? Love it. ​ $SWM - I think we have a few days of dipping left, but this is a great setup. Could be a bit lower and that is what I want. ​ $TROW - Riding the 50EMA beautifully. I think the BEST deal is right below it, but this is a still a great stock to watch. ​ $VRRM - Amazing deal on a great trend and support area. Paired with all indicators low and 200EMA.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  39. Question about selling within long position (08/06/2021 - Reddit Stocks)
    I’m new at this so I’m still learning. I bought into a stock at a bad price, started averaging down and then the stock tanked so I was in the red for a while. I held the whole time never selling for a loss. I’m still in the red but I figured I’d start buying and selling the same stock since I understood how the price was fluctuating and could make money on it now. So say my position was 1.5 and the stock price was 1.2. I bought 100 shares at 1.2 and sold 100 shares at 1.25. Now my app is saying I lost money on the transaction. Is that true?   submitted by   /u/Firah_Crotch [link]   [comments]
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  40. My Watchlist For 3/19/2021 (19/03/2021 - Reddit Stocks)
    $BYND - Coming down fairly hard so do not catch falling knives - but this is a great value. Hopefully this support holds but we can get a nice 8% - 10% swing before it takes off. ​ $CCCC - What a beautiful channel up. No it will not last forever, but this is a beauty of a channel up right near support. I love it. ​ $CCEP - A great wedge up that has more juice lefit in the tank I bet. Indicators all low so we just need one more swing up and we are golden. ​ $EVBG - Let this come to value, this needs a few days I bet. This will eventually be killer, but let the red wash away and let everything settle before buying in, we wait for value. ​ $GMED - Great short term trend up, and nearing a strong support area. I like this play but I need some form of life first. ​ $MTCH - Just another grogeous channel up, called earlier this week - hit my price target - now coming back down. Round 2, I think so ;)! ​ $NOG - Another just beauty of a channel up, at support looking like a whole snack right here. ​ $RRC - A great horizontal channel and a strong trend line up here. I love it and showing some life. ​ $VECO - One more beautiful trend up / wedge up. simply put, I like it a lot.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  41. $ZKIN to the moon? $6.45 per share? (21/04/2021 - Reddit Stock Market)
    ZKIN 15m Outlook Since the last outlook the price of ZKIN has grew by 3% as one share is being traded for $5.44. A lot has happened since the last outlook. In the last outlook we've expected to the price of ZKIN to continue move higher, correct to the upside. As the gains were capped at $5.32, the price failed to attract selling pressure and waiting, sideways game has begun. What happened after is called a long/shorts liquidation move, or a stop loss hunt for those who trade ZKIN. Losses were capped at $4.87, so we may say we have a double bottom bullish pattern. Luckily for the bulls the price has then returned to previous levels. The first try to break above $5.40 was unsuccessful and a bearish momentum has arrived. The gains were then capped at $5.76 and we may speak about this move as a test of $5.80, a strong resistance. As the price stands now, it's key to confirm previous resistance at $5.40 as a support. The overall trend has changed into a strong uptrend. RSI shows an uptrend, but bullish momentum is not active. MACD is about to test a breakdown to a corrective, selling wave. Overall we remain bullish and we look for a test to $5.80 As of writing this analysis, the price has tested $5.80 and a break above it will result in extended gains to $6, while break of $6 can lead to further gains to $6.50 area.   submitted by   /u/BreianaOlson [link]   [comments]
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  42. Watchlist For 4/19/21 -- Anti Hype and Meme Tickers (18/04/2021 - Reddit Stocks)
    $AEYE - I think we have two options, support bounce or we continue to the old trend line. We need a day or two, but $AEYE has printed for me before - can we capture the next move? ​ $DUST - What a beautiful drop right to where we want. Under $17 is still possible so do not catch falling knives, but this trend and support usually hold true. ​ $DVN - Called last week to success, one more time for good measure. CLEAR support and CLEAR trend intersecting, my favorite. This could be a great play tomorrow / this week. ​ $HEAR - What a gorgeous triangle, I love the obvious risk v reward created. If we do get a break out up, this one could be WILD. ​ $JDST - Obviously do your own DD, but this is a great value. It sometimes break below so to get the full move will be impossible, but this is a FANTASTIC deal. ​ $LQDT - An amazing triangle is forming, higher lows and lower highs, so we have breakout potential. I think we have a little more to dip, but this could be a great low risk play. ​ $NXE - Great trend up here; we again have a bit more to dip. But this is a weak support area, I think by Wednesday this could be PRIMED for a big move (20% potential). ​ $PSNL - Anyone who followed me - $PSNL was my baby. It died lol. This is a clear value, and we are waiting on a higher high, but if you like value - this one is it. ​ $UUUU - Another one where we need a day or two - that is kind of the tune for the day it seems. Clear support here, but I want a better deal. Around $5, $UUUU becomes very enticing.   submitted by   /u/No_Seesaw1134 [link]   [comments]
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  43. Goodmorning Traders ... I spy a short squeeze... my 3/26/21 Premarket outlook Technical Analysis on the SPY (26/03/2021 - Reddit Stock Market)
    Good morning Traders, I spy a short squeeze... I will go thru the spy chart in the video below but looking at things this morning here is how to interpret things...Premarket outlook for trading the Spy for consistent profits 3 26 21 ???? I Spy a short squeeze...yep here we go with the pain trade. The line in the sand has been drawn by the bears, if the bulls can break thru it there could be a nice pop up. If not, we’re going down. I Have been looking for a true Trend day structure and it hasn’t quite happened. The line in the sand is 391 if we break thru that area it opens up a path to 393-395. Keep in mind the market makers expected move to the up side is 396.8 and 382 to the down side, there is a high probability we test one of those areas. However, beware of a wall of rejection being built at the 391 area, enough rejection could send us reeling down to 389 and below. Where internals open will be important, we open up at extreme highs and trail off lower we tread water for a bit before falling. Internals open in the middle or at lows it may give the market enough strength to break thru the line in the sand. Let's look at the possible outcomes for the day: 1) We retest the 391-area resistance fail then consolidate between 391 and 389 area before breaking out. 2) trend day up structure, we maintain an opening gap up from yesterday’s close (389.65). In the first 30 min we get a try at filling the gap but hold above 389.65 then we go up breaking thru 391 area with a target of 393-396 area. 3) we test and break below 389 area. Look for retest of 391 to short. 1) We retest the 391-area resistance fail then consolidate between 391 and 389 area before breaking out. 39% probability 2) trend day up or rounded reversal structure, we maintain an opening gap up from yesterday’s close (389.65). In the first 30 min we get a try at filling the gap but hold above 389.65 then we go up breaking thru 391 area with a target of 393-396 area. 41% probability 3) we test and break below 389 area. Look for retest of 391area to short. 20% probability   submitted by   /u/jmj_daytrader [link]   [comments]
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  44. Thoughts on ALTO? (16/05/2021 - Reddit Stocks)
    ALTO Ingredients just crushed earnings estimates. Although they missed on revenue they recently spun off a tone of underperforming assets that hurt their revenue but improved their bottom line significantly. Furthermore, they have recently had millions of shares bought by big time institutions including Vanguard, Credit Suisse, Citigroup, Renaissance, Baird, Wells Fargo and many more. 54% of float is held by institutions. Not to mention short interest seems to be decreasing which should point to overall confidence these guys are doing well. Full disclosure I do have a small position and this of course is not financial advice blah blah but it seems like this should be a stock getting far more attention than it is. What am I missing?   submitted by   /u/wheattoasts [link]   [comments]
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  45. $MSFT Bullish Sentiment - DD Included (10/03/2021 - Reddit Stock Market)
    The tech giants really took a hit recently. While a lot of people panicked and sold on the hype of inflation and chip shortages I took this opportunity to buy buy buy. This article is going to focus on one of those buys specifically. Microsoft (MSFT) Not only do I believe that MSFT is a great stable company but it’s also at a price point that I would consider a value. Some of you reading this might think…Wait a second, how can a company be a value buy when it’s sitting near all time high’s? When I say value I don’t mean the Graham-Buffett type of value investing. With this market those types of buys are rare because everything has gone up, up and away. What I’m looking for is companies that I feel strongly bullish on for many years to come aligning with certain technical indicators on the chart. Let’s dive into the meat and potatoes of why I feel MSFT is a great buy. Processing img p4q012vcx7m61... As you can see MSFT recently peaked at all time high’s of $246.13 on February 16, 2021. After divvies were paid we see it trickle down to the 50EMA and slightly bounce up until we hit the market correction that arrived in early March. On this chart the blue line is the 50EMA and the pink line is the 200EMA. I use these two points for various reasons but just know that the 50EMA(blue) acts sort of like a support line. We can see it trickle down a little bit below it but the last time it saw more than two weeks under the 50EMA was March 2020 and we saw it drop below the 200EMA as well for obvious reasons. https://preview.redd.it/btsx3v2ex7m61.png?width=2544&format=png&auto=webp&s=db41e0a55a920ee437bff4626bddbc466d664bef Crossing below the 50EMA is a bearish sign to a degree. Crossing below the 200EMA is a hard bearish sign that we shouldn’t ignore. Thankfully, MSFT is far off from it’s 200EMA and I don’t see it getting close anytime soon. Part A of my technical analysis focuses on the price bouncing off it’s 50 day moving average. We now know that the market has corrected, the price rejected the support and reversed and unless the market flips it and reverses it we should see some movement up. Part B is where the real magic lays. For anyone who hasn’t traded with me in the past - I live by the MFI. I get questions all the time why I choose MFI over RSI and just know…MFI don’t lie. The MFI stands for Money Flow Index and it shows the money coming in and out. It helps traders identify overbought and oversold levels. The MFI starts getting overbought when it crosses above 60. I personally don’t really consider it truly overbought until we cross above 80. Oversold levels are 20s and below. https://preview.redd.it/2oatr1mfx7m61.png?width=2728&format=png&auto=webp&s=8dea6bc3722ae7927b847aa7def1b7b541d1a6ae This is a zoomed out daily chart of MSFT going back to summer of 2017. The MFI only crossed below 30 twice in the past 3.5 years. October 10, 2018 and March 04, 2021. MSFT had some ups and downs in 2018 and people didn’t like that so it sold off. It didn’t really start recovering until late December of that same year and that recovery didn’t stop until our friend COVID arrived: https://preview.redd.it/x2c85b0hx7m61.png?width=2710&format=png&auto=webp&s=a40f0d2d9847fd7c3071e9149141a36e725719d1 Now, with the price dropping significantly one would think the MFI would immediately go into extreme oversold conditions….but it didn’t. The price of MSFT dropped from 190 to 131 in such a rapid short time but our MFI held strong at 31. Since then the MFI has dropped down to 31-32 on two other occasions and quickly reversed: https://preview.redd.it/5sn0aj2ix7m61.png?width=2736&format=png&auto=webp&s=a8f7a0821820e153bb71d656bf9acd1cc351fb2a Each of these reversals saw a +10%-15% price increase fairly quickly. In the times of roaring GME gains I understand that 10-15% seems like weak sauce but to us investing vets thats a solid ass play. What makes this play even better is that bounce off the 50EMA. In my personal opinion with the combination of the MFI being so low we are about to see MSFT soar past it’s all time high and fly with the eagles in the cloud. Standard Risk: Buy MSFT stock $235-$237 Riskier: Buy MSFT LEAPs for January 2022, March 2022 or June 2022. Balls to the Wall Risk: APR 23 $240 Call Are you fucking insane: MAR 19 $240 Call There you have it folks. Again, this isn’t financial advice it’s just the opinion of one investor to another. I hope you enjoyed this break down. ​ TL;DR: In depth breakdown of MSFT and why I believe it is a good buy at the moment. If you would like to read the full post including the chart breakdowns you can do so here: https://maxxprofits.com/p/msft-bullish-sentiment   submitted by   /u/TheBreadMakerr [link]   [comments]
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  46. Mexico Imports of Electrical Apparatus For Line Telephony (12/06/2021 - Trading Economics)
    Imports of Electrical Apparatus For Line Telephony in Mexico decreased to 1050150 USD THO in April from 1107778 USD THO in March of 2021. Imports of Electrical Apparatus For Line Telephony in Mexico averaged 1142191.42 USD THO from 2014 until 2021, reaching an all time high of 1549130 USD THO in November of 2018 and a record low of 692125 USD THO in February of 2020. This page includes a chart with historical data for Mexico Imports of Electrical Apparatus For Line Telephony.
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  47. Does anyone trade solely on the chart and indicators without doing DD? (27/04/2021 - Reddit Stocks)
    Anyone here enter / exit positions solely on the chart? And maybe include a little layman's knowledge into your decision? Mainly like what the general perception is of that company A lot of people seem to do a good amount of digging into a company's financials etc. Before they make a move, but for those of us that just don't have the time and patience, do you just utilize what the chart is giving you? example: stock A is approaching a 50 SMA line which it has shown support at for the last month or so, time to buy. stock B is approaching a strong resistance level, time to sell and if so...has this approach worked out for you?   submitted by   /u/MatticusXII [link]   [comments]
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  48. Just closed my position on ICLN at a big loss (20/04/2021 - Reddit Stocks)
    Never would have thought I would sell an ETF down 25%. This ticker just bleeds non stop, mainly due to PLUG which is an overinflated penny stock which the ETF has not dropped for whatever reason. Why should I be paying maintenance fees to not have the managers of the ETF do their job and drop losing holdings? I held a $31 average on this thing, and I honestly don't see it getting anywhere near there for the next couple years. I bought during the hype of Bidens presidency but now that that has died down, reality has kicked in. Green energy is still many years off in the future. What are your thoughts on this etf?   submitted by   /u/heyyowhatsup90 [link]   [comments]
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  49. A hypothetical situation with rare (poor liquidity) asset question (09/04/2021 - Reddit Stock Market)
    Yesterday, when screening available asset available on by brokerage account, I've noticed that some of them have almost no bids/asks at all, and maybe a few transactions during a week. I know that for stocks with good liquidity the market price is usually very close to the one you see in the live chart, but I don't know what happens in some edge cases, for example: Imagine an asset XYZ with the last market price $150 and the following sell (ask) orders: market order market order limit order at $100 limit order at $90 and no buy (bid) orders at the moment. An hour later someone makes a buy (bid) market order Would the order be executed against (3) or (1) with the price of (3)? Also, what if on both sides there was only one market order, how would then be the price calculated?   submitted by   /u/thecrissbehind [link]   [comments]
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