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WISH nice start today large wedge

WISH follow up

Posted by ridgetopab on 8th of Jun 2021 at 01:51 pm

WISH nice start today

large wedge view

TCS rolling up working off pull

Posted by ridgetopab on 8th of Jun 2021 at 11:49 am

TCS rolling up

working off pull back and gyrations from earning report and op-ex 

MA ribbon needs to cross to bullish config, target longer term retest of previous high (if markets hold up)

LABD rtm bounce play after

Posted by ridgetopab on 8th of Jun 2021 at 11:43 am

LABD rtm bounce play after 06_07 sharp drop

BIIB seems to have lit

Posted by ridgetopab on 8th of Jun 2021 at 11:34 am

BIIB seems to have lit off bullish moves for XBI sector

ATRS follow up 1st target triggered

APTX first target triggered on move out of tight coil, significant insider buying reported in May

XBI giving up some of yesterdays gains, longer term trend still down

RVP ... nice follow through

Posted by ridgetopab on 7th of Jun 2021 at 01:56 pm

RVP ... nice follow through on BO with share buy back news

low PE small cap

SPWH pending merger for $18

Posted by ridgetopab on 28th of May 2021 at 12:58 pm

SPWH pending merger for $18 explains flat line

SPWH  unusual pattern long squeeze, low

Posted by ridgetopab on 28th of May 2021 at 12:56 pm

SPWH  unusual pattern

long squeeze, low p/e with high institutional ownership, net earnings AMC Jun 2

NAVI update still trending, not bad

Posted by ridgetopab on 27th of May 2021 at 12:01 pm

NAVI update

still trending, not bad for a dividend play

KRR.TO nice little run to PT

Posted by ridgetopab on 27th of May 2021 at 11:54 am

KRR.TO

nice little run to PT  with support from move in $GOLD

onwatch for consolidation and setup for next push

TCS nice action with earnings and

Posted by ridgetopab on 27th of May 2021 at 11:47 am

TCS

nice action with earnings and big option positions moving price

quick bounce from oversold and potential for eventual test of previous high

QRTEA hit measured move +/- after

Posted by ridgetopab on 27th of May 2021 at 11:44 am

QRTEA

hit measured move +/- after breaking out, pull back and working higher

XBI update  ... plug pulled coil

Posted by ridgetopab on 21st of May 2021 at 04:00 pm

XBI update  ... plug pulled

coil break down

XBI ...ST (10min) contracting range daily

Posted by ridgetopab on 21st of May 2021 at 03:25 pm

XBI ...ST (10min) contracting range

daily range between 20,30,50 sma overhead resistance and 5,9 ema support below

losing momentum, LABD on watch for trigger

BMY ... ST reversal from over bought divergent high shooting star today

MS down graded PT to $62 Apr 30 

Will previous pattern of selling off from spikes repeat?


RXRX  heading up with report

Posted by ridgetopab on 21st of May 2021 at 02:31 pm

RXRX  heading up with report of Cathie Wood 's ARKG buying

TCS  nice 2 day bounce gap

Posted by ridgetopab on 21st of May 2021 at 01:35 pm

TCS  nice 2 day bounce

gap down on good earnings (but missed expectations?), large option straddle positions for OpEx today so may account for action

lower p/e and CEO reported to be buyer so  potential for more follow through to the upside

ANVS rocket ship today Phase 2

Posted by ridgetopab on 21st of May 2021 at 01:30 pm

ANVS rocket ship today

Phase 2 trial results reported

SBOW  typical blow off topping

Posted by ridgetopab on 14th of May 2021 at 02:20 pm

SBOW  typical blow off topping pattern on earnings report

in this case it was buy the news (May 5 report) then bail with profits

weekly chart back to a 2019 support resistance range with lots of room to move higher

BW ... yoyo from pivot

Posted by ridgetopab on 14th of May 2021 at 01:26 pm

BW ... yoyo from pivot high to pivot low

coiling but, divergence on the daily RSI, CCI and MACD, also CMF went negative

60min chart MA bearish and price could not hold supportéresistance at 7.90

Nov low (2.11) to Mar high (9.90) Fib retracements   6.92 / 6.00 / 5.08

SPY trade position for weekend

matt and steve presented different trading strategies for the long SPY trade.

If in doubt take your profits and enjoy the weekend, or (assuming a loss is acceptable in your plan) adjust your stops and hope for the best.

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