Discover and read the best of Twitter Threads about #fib

Most recents (24)

Analysis: #NASDAQ $NIO

Case 481 #NIO Inc. - REVISITED

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NIO 1/4
Chart 1
Weekly Chart: The buy odas on Dec. 2019 analysis never triggered. A new all time high was recorded, with price stalling at the Sep. 2018 #trendline. A close/hold above 21.33 will target synthetic #resistance at 24.67 then the first objective 26.39/48 and ....

NIO 2/4
.... main objective at 30.55. To the downside, #support begins at 14.98/57 with a close below leading to July 2020 range. Major support is seen at #confluence of #Fib. 0.50 and July #pivot at 11.12/09 with synthetic support and #SMA 20 rising towards the levels.

NIO 3/4
Read 4 tweets
Analysis: #NASDAQ $EVFM

Case 474 #EvofemBiosciences Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#EVFM 1/4
Chart 1
Attachment 1
Weekly Chart: Price broke below the 2 year triangle and stopped just short of the Sept. 2017 #pivot at 2.01, below that the all time low of 1.79. We note buying interest at 1.10, 0.86 and 0.59. Immediate #resistance begins at .....

EVFM 2/4
..... the broken July 2018 trendline sloping at 3.90 then the Jan. 2018 #trendline at 6.64. Farther up the #confluence of the control point and #Fib 0.50 at 7.33/34 with a close above the latter targeting the balance point at 12.06.

EVFM 3/4
Read 4 tweets
Analysis: #NASDAQ $CHWY

Case 471 #Chewy Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CHWY 1/4
Chart 1
Weekly Chart: Price spiked up clipping synthetic #resistance and fell back down on heavy profit taking. The failure to close/hold above the June 2020 #trendline warns of further downside probes towards the 50.30 #pivot with .....

CHWY 2/4
..... minor #support seen around 49.43- 47.73 (#SMA 20, trendline and #Fib. 0.50). And below that better support is seen around 42.75- 39.41

CHWY 3/4
Read 4 tweets
Analysis: #NASDAQ $NAV

Case 470 #Navistar International Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NAV 1/3
Chart 1
Monthly Chart: Conditions are restricted to a large triangle and messy. The May 2008 #trendline is formidable, we look for a close above #Fib. 0.618 at 51.06 then a hold above the trendline to get things moving. We note decent sized sales around 61.41- 64.94.

NAV 2/3
Chart 2
Daily Chart: A large unfilled gap appears at 41.09- 36.50. The best #support is seen at the Fib. and Mar. 2002 trendline at 33.75. Proceed with caution, tricky conditions.

The #Strategy is printed on the image.

$NAV 3/3
Read 3 tweets
Analysis: #NASDAQ $ITCI

Case 469 #IntraCellularTherapies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ITCI 1/5
Chart 1
Weekly Chart: A huge up move was seen today but formidable sellers are still present between 33.94- 42.66, price needs to close/hold above the synthetic sloping at 45.52 which is the minimum requirement. Further up the #Fib. 0.786 at 54.63 and then .....

ITCI 2/5
..... the reactive balance point at 56.02 - which is highly sensitive to up/down closes. A close above the Nov. 2015 #pivot is required to target 71.07.

ITCI 3/5
Read 6 tweets
Analysis: #NYSE $PEG

Case 468 #PublicServiceEnterprise Group Incorporated

Requested by: @Andrea27345585

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#PEG 1/5
Chart 1
Monthly Chart: The large declines seen in Q1 2020 found buyers around the #SMA 200 and Fib. 0.50 at 37.83- 36.84 respectively. Current conditions are restricted within the triangle and #momentum is negative and on stall. .....

PEG 2/5
..... Immediate #resistance is 55.53 (Jan. 2020 trendline) with #pivot resistances at 55.94- 56.87 (SMA 20 containing at 56.24, then synthetic resistance sloping at 60.13. Further up the Jan. 2008 #trendline at 65.01 but long term #bullish control is .....

PEG 3/5
Read 6 tweets
Analysis: #NASDAQ $CRBP

Case 467 #CorbusPharmaceuticals Holdings Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CRBP 1/4
Chart 1
Weekly Chart: Price failed to close above Oct. 2016 #pivot and today's huge move down has left an unfilled gap at 2.45- 8.46 and is finding some buyers around the #Fib. 0.886 at 2.12. Aggregated stale .....

CRBP 2/4
..... longs are stranded at 3.95- 5.35 and 6.22- 7.01. Conditions are very #bearish and we do not rule out seeing a new all time low in the months ahead. The best #support is noted at 1.78/38.

CRBP 3/4
Read 5 tweets
Analysis: #NASDAQ $TER

Case 465 #Teradyne Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TER 1/4
Chart 1
Monthly Chart: A good base was established in Jan. 2019 coupled with good #momentum has seen price rise strongly, crashing into the Mar. 2018 #trendline resistance and the Fib. 0.786 at 91.34. A correction lower is .....

TER 2/4
..... currently underway, heading towards the 68.19- 66.00 #pivots, below that the #Fib. 0.50 at 59.12. A close/hold above 20 year trendline #resistance will find formidable sales around 102.60 but the long term target is 118.58- 125.37.

TER 3/4
Read 5 tweets
Analysis: #NASDAQ $ETSY

Case 464 #Etsy Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ETSY 1/4
Chart 1
Weekly Chart: The strong up move seen in Mar. 2020 has found synthetic #resistance at 134.31 tough to clear and price has begun a correction lower. The Apr. 2020 #trendline is flimsy and we expect a .....

ETSY 2/4
..... move lower towards the #confluence of the Fib. 0.382 and Apr. 2016 trendline at 89.70.

ETSY 3/4
Read 5 tweets
Analysis: #NASDAQ $LCA

Case 463 #Landcadia Holdings II. Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#LCA 1/4
Chart 1
Weekly Chart: The correction lower seen in July - Aug. 2020 failed to fill the gap by 1.11. The rebound has been strong with good #momentum. Price needs to close/hold above 16.36 to to target 19.27 then 22.22 and .....

LCA 2/4
..... must not close below the #Fib. 0.382 at 14.37 as this would target block #support at 13.22- 12.16. The balance point at 11.31 must hold.

LCA 3/4
Read 5 tweets
Analysis: #NYSE $SHLL

Case 462 #TortoiseAcquisition Corp.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SHLL 1/4
Chart 1
Daily Chart: Since peaking at a high of 58.66 a correction lower has seen price gravitate towards the broken June 2020 #trendline, a break lower targets minor .....

SHLL 2/4
..... #support (#pivots at 40.00- 37.00, the Aug. 2020 trendline and #Fib. 0.382). Stronger support is seen at 32.65- 27.44.

SHLL 3/4
Read 5 tweets
Analysis: #NYSE $RKT

Case 460 #Rocket Companies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#RKT 1/4
Chart 1
Daily Chart: Price has stalled at the synthetic #resistance at 34.16 and profit taking has ensued. Strong break below the Aug. 2020 #trendline support has left an unfilled gap between 19.15- 30.61. Mild .....

RHT 2/4
..... #support seen at the 24.90 pivot with #SMA 20 at 24.62. Farther down the #Fib. 0.618 at 23.96. The danger is a break below 17.50 targets 16.06- 15.94. Synthetic support at 10.38 must contain any downside probes.

RKT 3/4
Read 5 tweets
Analysis: #NASDAQ $ALT

Case 456 #Altimmune Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ALT 1/4
Chart 1
Weekly Chart: Conditions are very negative with falling #momentum and now expecting a break below the #Fib. 0.618 at 14.95. Farther down the #SMA 20 at 14.33 then May 2020 #trendline and synthetic crossing over at 12.68 with synthetic .....

ALT 2/4
..... slope at 12.22. Major #support is seen between 9.48- 6.05. To the upside #resistance at 22.65- 25.63 but only a close/hold above 33.92 will see this gain traction.

ALT 3/4
Read 5 tweets
Analysis: #NASDAQ $ATRS

Case 450 #AntaresPharma Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ATRS 1/4
Chart 1
Monthly Chart: The 2012 range continues to dictate conditions. To get things going a minimum close/hold above the July 2012 #pivot at 5.58 is required, but this must be followed up with .....

ATRS 2/4
..... the close above 2 balance points at 5.73 and 6.11. Higher up #Fib. 0.236 at 7.74 then the synthetic #trendline at 8.97 and it is only above here that medium term #bullishness is achieved.

ATRS 3/4
Read 5 tweets
Analysis: #NYSE $PSTG

Case 447 #PureStorage Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#PSTG 1/4
Chart 1
Weekly Chart: Mar. 2020 saw price move down to a new all time low at 7.93 and failed to connect to the June 2016 #trendline. A good bounce followed but lost steam at the #confluence of #resistance s (synthetic trendline, the Nov. 2019 trendline and .....

PSTG 2/4
..... #Fib. 0.50 at 18.53). Higher up the 20.00 #pivot and Fib. 0.618, then another synthetic sloping at 23.04. A close/hold above 25.05 targets 25.73. To the downside #support is seen at 12.70- 7.62 and then 6.89.

PSTG 3/4
Read 5 tweets
Analysis: #NASDAQ $LYFT

Case 442 #Lyft Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#LYFT 1/5
Chart 1
Weekly Chart: The price has been trending lower since its debut, #momentum is very negative and multiple resistances are seen all the way up, beginning with the Mar. 2019 #trendline at 33.47. Further up 41.35- 42.84 (#Fib. 0.382) with a close .....

LYFT 2/5
..... above 51.09 running into heavy #resistance between 53.90- 52.74. A close above the latter will be long term #bullish and will see price creep up towards 66.62- 67.45. To the downside, the .....

LYFT 3/5
Read 6 tweets
Analysis: #NYSE $THC

Case 440 #TenetHealthcare Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#THC 1/5
Chart 1
Monthly Chart: Ever since the breakdown of the Jan. 2015 #pivot at 42.28 conditions have been range-bound within $30. Price needs to close/hold above Sept. 2014 #trendline #resistance at 44.63, .....

THC 2/5
..... then take control of the pivot at 52.77 with a close above eventually targeting 70.23/58.

THC 3/5
Read 5 tweets
Analysis: #NASDAQ $AYTU

Case 438 #Aytu BioScience Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#AYTU 1/5
Chart 1
Daily Chart: The #parabolic move seen in Mar.2020 stalled exactly at the one year trendline #resistance and has since corrected lower to the #Fib. 0.786 at 0.90, the gap has been partially filled - off by 0.45. #Momentum is negative and beginning to .....

AYTU 2/5
..... fall. The range is 2.17- 0.58, heavier at the top due to short term profit taking. Price needs to close above the Mar. 2020 #trendline with #SMA 50 riding it at 1.41, then hold above 1.72 to target 2.01/05 but #bullishness will only be achieved by the .....

AYTU 3/5
Read 6 tweets
Analysis: #NASDAQ $GRWG

Case 437 #GrowGeneration Corp.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#GRWG 1/4
Chart 1
Weekly Chart: Price finally broke above the Jan. 2018 range top in July 2020, since then the price has gone #parabolic. A close/hold above 23.13 will target synthetic #resistances at 30.49-31.22 with a close above the latter targeting 38.27- 39.76. To the .....

GRWG 2/4
..... downside, aggregated short-term buy orders at 16.62, 15.86, 14.77 and 13.53 with the #Fib. 0.50 at 11.97, farther down the strong #support zone 9.39- 7.31 (Fib. 0.618, #trendlines and #pivots).

GRWG 3/4
Read 5 tweets
Analysis: #NYSE $SPAQ

Case 436 #SpartanEnergy Acquisition Corp.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SPAQ 1/5
Chart 1
Daily Chart: The #parabolic move seen in July 2020 has corrected lower and found #support around the Fib. 0.786 around 12.10. Since then activity has been lethargic with falling volumes and little interest to push either side of the range. Price needs .....

SPAQ 2/5
..... to gain a foothold above the 15.45 pivot then reclaim/hold #Fib 0.382 at 16.98. Synthetic #resistance sloping at 17.48, a close/hold above is long term #bullish. To the downside support begins at .....

SPAQ 3/5
Read 6 tweets
Analysis: #NASDAQ $ICPT

Case 435 #InterceptPharmaceuticals Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ICPT 1/4
Chart 1
Weekly Chart: The strong #bearish close below the #confluence of #Fib. 0.886 and Mar. 2020 #pivot at 72.57 and 71.82 left a large unfilled gap at 50.00 - 75.50. #Momentum is negative and falling, a close/hold below 41.67 will cause further .....

ICPT 2/4
..... damage and target synthetic #support at 36.59, farther down another synthetic appears at 14.98, below the all time low of 18.06.

ICPT 3/4
Read 5 tweets
Analysis: #NASDAQ $TTOO

Case 431 #T2Biosystems Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TTOO 1/4
Chart 1
Weekly Chart: Price closed/held above the Jan. 2015 #trendline resistance in July 2020, but the upside reaction has been lethargic and #momentum is falling. A close/hold above Sept. 2019 pivot #resistance at 2.88 is required to .....

TTOO 2/4
..... target 4.40/85 (short-term profit taking zone). Further up another profit taking zone at 5.27/83, then 5.99 pivot - a close here targets the #confluence of resistance: #Fib. 0.382 and June 2018 #pivot at 9.50/58.

TTOO 3/4
Read 5 tweets
Analysis: #NYSE

Case 430 #Nordstrom Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#JWN 1/4 Image
Chart 1
Monthly Chart: Long term #bullish control was lost in Apr. 2019 with the close below the #SMA 200, then in Q1 of 2020 saw price crash lower finding #support at the Fib. 0.886 at 13.30. Block buy orders positioned at 12.47-10.27 and 7.73-6.56 with 1990 .....

JWN 2/4
..... #trendline support at 8.26 and Nov. 1990 #pivot at 4.50. To the upside, strong selling pressure can be seen throughout, beginning at #Fib. 0.786 and synthetic at 21.18/61 then block sales at 25.97-29.34 and above 2018 trendline #resistance at 31.26.

JWN 3/4 Image
Read 5 tweets
Analysis: #NYSE $NCLH

Case 427 #NorwegianCruiseLine Holdings Ltd.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NCLH 1/4
Chart 1
Weekly Chart: The crushing declines seen in Feb.- Mar. 2020 has seen price trade to new all times lows. The upwards reaction stalled beneath the #Fib. 0.382 at 27.18. Block sales appear at 25.88 - 32.18 with the control level above .....

NCLH 2/4
..... 27.34. A close above the Fib. 0.50 at 33.41 targets 41.00 quickly. More block sales positioned at 41.16 - 47.01 with control at 43.56. A close above 47.01 targets 55.84.

NCLH 3/4
Read 5 tweets

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