Discover and read the best of Twitter Threads about #momentum

Most recents (24)

Analysis: #NYSE $RCL

Case 422 #RoyalCaribbean Group

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

#RCL 1/4
Chart 1
Monthly Chart: The huge declines seen in the first quarter of 2020 saw price exactly halted at the #Fib. 0.886 at 20.34. A strong bounce has seen the #SMA 200 at 57.11 reclaimed but firm resistances are positioned at 63.24 (2009 .....

RCL 2/4
..... #trendline, turned resistance), 2016 #pivot at 67.15 and synthetic resistance at 79.67. A close above the latter will see a run towards the major #resistance zone of 94.42 - 116.22.

RCL 3/4
Read 4 tweets
Analysis: #NASDAQ $TRVN

Case 421 #Trevena Inc.

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

#TRVN 1/4
Chart 1
Weekly Chart: Price has recovered off the all time low at 0.38 and managed to close/hold above both the Feb, 2017 #trendline and #SMA 200. The break higher has stalled at the Mar. 2017 #pivot at 3.67. Further up the .....

TRVN 2/4
..... unfilled gap of 5.16 - 6.67 exists, then the major #resistance zone of 9.62-11.34.To the downside, #support begins at 2.38, then the May 2020 trendline 1.86.

TRVN 3/4
Read 4 tweets
Analysis: #NYSE $UAVS

Case 417 #AgEagle Aerial Systems Inc.

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

#UAVS 1/4
Chart 1
Daily Chart: Ever since April's kneejerk move, price remains contained in a triangle with falling #momentum. Price needs to close above #trendline resistance at 3.55 and then hold above 4.35 to target 5.57, further up .....

UAVS 2/4
pivot #resistance at 6.25. To the downside, price is currently holding above the SMA 20 at 2.94 with immediate #support below that at the #pivot 2.30, then the #confluence of the #SMA 50 and synthetic at 1.99. And below Apr.2020 support at 1.44.

UAVS 3/4
Read 5 tweets
Analysis: #NASDAQ $NBL

Case 415 #NobleEnergy Inc.

Special Request: @CarlosSarPrada

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

#NBL 1/5
Chart 1
Monthly Chart: The strong down move seen in Mar. 2020 was halted by the #Fib. 0.942 at 5.08, price has since then reclaimed Sept. 1974 #trendline. Immediate resistances, Oct. 2011 trendline at 13.42, then July 2018 trendline .....

NBL 2/5
..... at 19.94 and Apr. 2019 trendline at 27.67. Long term conditions are very #bearish, price would need to close above #pivot resistances at 27.06-29.14 and hold above 30.72 which will .....

NBL 3/5
Read 6 tweets
Analysis: #NYSE $BORR

Case 414 #BorrDrilling Limited

Special Request: scepticman via Stocktwits.com

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

#BORR 1/4
Chart 1
Daily Chart: Price broke above Jan. 2020 trendline #resistance but now needs to close/hold above 1.55 which will then target 2.33 (selling interest at both levels) to pivot resistance at 2.63. Further up a .....

BORR 2/4
..... #confluence of resistance #Fib. 0.382, synthetic and SMA 200 at 3.63, 3.60 & 3.42 respectively. A close above the former targets 5.73-6.06. Immediate #support at 0.86 (Mar. 2020 TL) then 0.54 (buying int.) and then Mar.2020 #pivot at 0.41.

BORR 3/4
Read 5 tweets
Analysis: #NASDAQ $QLGN

Case 411 #QualigenTherapeutics Inc.

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

#QLGN 1/4
Chart 1
Daily Chart: Just holding above the #SMA 50 and 20 with Jun. 2020 #trendline support at 4.56 and below the Dec. 2019 pivot at 3.88. Further down block positioning at 2.80-1.40 then synthetic #support sloping .....

QLGN 2/4
..... at 1.06. To the upside price needs to close above the SMA 200 at 6.45 then challenge synthetic #resistance at 9.53 - a close/hold above targets #Fib. 0.618 and #pivot at 13.62/64 respectively.

QLGN 3/4
Read 5 tweets
Analysis: #NASDAQ $AIKI

Case 408 #AIkido Pharma Inc.

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

#AIKI 1/5
Chart 1
Daily Chart: Price needs to break above Apr. 2020 #trendline resistance then close/hold above 1.40 for upside #momentum. A close above 2.44 is required to target synthetic #resistance at 3.62, then 5.21. To .....

AIKI 2/5
..... the downside a #support zone of 0.94/75 exists. A close below 0.48 could see the price target 0.29.

AIKI 3/5
Read 6 tweets
Analysis: #NASDAQ $NTAP

Case 405 #NetApp Inc.

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

#NTAP 1/4
Chart 1
Monthly Chart: The strong decline seen in Feb. 2020 saw closes below the #SMA 50 (support since 2016) and #Fib. 0.50 at 49.24. Watch for closes below the SMA 200 at 37.51 and controlling pivot 33.51 - a break .....

NTAP 2/4
..... below the latter could quickly target 27.02-26.53 (Fib. 0.786 & #pivot).

NTAP 3/4
Read 5 tweets
Analysis: #NASDAQ $CAKE

Case 403 #TheCheesecakeFactory Incorporated

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

#CAKE 1/4
Chart 1
Monthly Chart: The strong decline seen in Feb.-Mar. 2020 has seen the complete breakdown of the control/pivot at 37.45 and with it the #SMA 200 - which had been supporting the trend since 2009. Support was eventually .....

CAKE 2/4
..... found at the #Fib. 0.786 at 16.46 and a $15 bounce ensued Mild #support at 2008 #pivot 14.08, below that major zone of 10.02-6.41.

CAKE 3/4
Read 5 tweets
Analysis: #NYSE $SOGO

Case 400 #Sogou Inc.

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

#SOGO 1/4
Chart 1
Weekly Chart: June 2020 strong up move has seen price hold above Mar. 2019 #trendline and close above channel top 5.53. An unfilled gap at 7.93-5.88 exists. Firm #resistance is seen at the #Fib. 0.618 and .....

SOGO 2/4
..... sloping synthetic trendline at 10.71-11.42 respectively. A close above 14.77 targets 17.64-18.33 further out 20.52.

SOGO 3/4
Read 5 tweets
Analysis: #NYSE $HOG

Case 397 #HarleyDavidson Inc.

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

#HOG 1/4
Chart 1
Monthly Chart: The short term trend is #bullish but neutral long term with good 2 way action seen as major #resistance seen at 49.80 - 40.00 (2014 trendline, SMAs 200 & 50 Fib. 0.382, #pivots). A close below the 1990 #trendline (slope at .....

HOG 2/4
..... 12.46) targets major #support 10.10 - 4.62 (Fibs. 0.886, 0.942, 2009 channel).

HOG 3/4
Read 5 tweets
Analysis: #NYSE $NAK

Case 392 #Northern_Dynasty_Minerals Ltd.

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

#NAK 1/3
Chart 1
Monthly Chart: Price is attempting to close above the 2012 #trendline #resistance and the immediate target is 3.68 with a close /hold above targeting the 2011 #pivot at 5.36 - a close above targets cluster top and #Fib. 0.382 at 8.21/44 respectively.

NAK 2/3
Chart 2
Daily Chart: Price is resting on the May 2020 channel top with positive #momentum and good #support seen at 1.80/30 then #SMA 200 at 0.73.

The #Strategy is printed on the image.

$NAK 3/3
Read 4 tweets
Analysis: #NYSE $LUV

Case 391 #Southwest_Airlines Co.

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

#LUV 1/4
Chart 1
Monthly Chart: Feb. 2020 closes below the 2014 #trendline and 2015 pivot (46.29) witnessed the loss of control - the downdraft saw price target the #confluence of #support of the 2000 #pivot and 2010 channel top trendline and price .....

LUV 2/4
..... bounced up $20. The Apr. 2020 pivot (31.25) and #Fib. 0.618 (18.23) are under pressure - a close below the latter retargets the May 2020 low.

LUV 3/4
Read 5 tweets
Analysis: #NYSE $SYK

Case 390 #Stryker Corporation

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

#SYK 1/4
Chart 1
Monthly Chart: The loss of pivot #support at 197.52 saw price spike down quickly targeting the 2012 #trendline and #Fib. 0.50 at 128.56 with failure to close the #SMA 50. The upside reaction has been positive and .....

SYK 2/4
..... immediate resistance lies at the 2019 #pivot then 204.86. A close above trendline #resistance, sloping at 229.06, targets 274.02.

SYK 3/4
Read 5 tweets
Analysis: #NASDAQ $DKNG

Case 387 #DraftKings Inc.

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

#DKNG 1/4
Chart 1
Weekly Chart: The #parabolic move seen in Apr. 2020, as expected, saw a correction down to the #Fib 0.50 (27.70) - a 2 week close below sees price fall down into strong #support 20.50 - 16.80 (Fib. 0.786, #pivot and .....

DKNG 2/4
..... #SMA 50). A close above 42.00 is required to target 54.22 and further above 61.93.

DKNG 3/4
Read 5 tweets
Analysis: #NYSE $WM

Case 385 #Waste_Management Inc.

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

#WM 1/4
Chart 1
Monthly Chart: Since reaching a new all time high of 126.79 price fell heavily, smashing through 2016 #trendline support, eventually finding #support at the #confluence of the #Fib. 0.382, pivot and .....

WM 2/4
..... #SMA 50 (88.96-86.26). A good bounce ensued but failure to close above 112.21 #pivot resistance is problematic. Synthetic #resistance sloping at 130.88.

WM 3/4
Read 4 tweets
Analysis: #NASDAQ $ERI

Case 383 #Eldorado_Resorts Inc.

Special follower request: @AliTheTrader1

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

#ERI 1/4
Chart 1
Weekly Chart: The huge breakdown seen in Mar. 2020 saw all gains from 2015 wiped out. Price, eventually, found support on the #Fib. 0.942 and bounced strongly back into the old trading channel. .....

ERI 2/4
..... A #cluster sits above the #SMA 200 and 2018 #pivot at 34.88/55 respectively with slowing #momentum.

ERI 3/4
Read 4 tweets
Analysis: #NASDAQ $APHA

Case 381 #Aphria Inc.

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

#APHA 1/3
Chart 1
Monthly Chart: The Mar. 2020 decline found #support in between #Fib 0.886 - 0.942 (2.95-1.88) and failed to close below the 2016 #trendline. Immediate #resistance at the #SMA 50 (6.40) then major resistance 7.55-9.32 (2 year trendline, Fib 0.618, #pivots).

APHA 2/3
Chart 2
Daily Chart: #Momentum is rising with good support off the main SMAs - primarily 4.27/20. Better support seen at 3.96/67.

The #Strategy is printed on the image.

$APHA 3/3
Read 3 tweets
Analysis: #NYSE $WPM

Case 380 #Wheaton Precious Metals Corp.

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

#WPM 1/3
Chart 1
Monthly Chart: Price closed strong above 2011 #pivot #resistance at 42.53 and recorded a new all time high of 47.69 and is targeting 2011 #trendline resistance sloping at 57.48. A close above 58.89 targets 83.00 in the long term.

WPM 2/3
Chart 2
Daily Chart: Price is getting toppy at these current lofty levels and #momentum is slowing. The best #supports appear around the 2011 pivot with the #SMA at 42.73 riding on then 37.76/13.

The #Strategy is printed on the image.

$WPM 3/3
Read 3 tweets
Analysis: #NASDAQ $ALDX

Case 378 #Aldeyra Therapeutics Inc.

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

#ALDX 1/3
Chart 1
Weekly Chart: A good bounce seen from the all time low 1.48 set in Mar. 2020, reclaiming the 2014 and closing above 2018 #trendline resistances. Immediate #resistance is seen at the #pivots 8.08 and 10.15 - a 2 week break above the latter targets 13.80.

ALDX 2/3
Chart 2
Daily Chart: #Momentum is positively building, the #SMA 50 is riding the Mar. 2020 trendline at 4.27. Immediate resistance at 6.27, then top of the partially filled gap and #Fib. 0.382 at 7.30.

The #Strategy is printed on the image.

$ALX 3/3
Read 3 tweets
Analysis: #NASDAQ $AUPH

Case 377 #Aurinia Pharmaceuticals Inc.

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

#AUPH 1/4
Chart 1
Weekly Chart: As expected the 2019 #parabolic move saw a correction taking price between the #Fib. 0.50 and 0.681, stalling at the #SMA 50 - however, the reaction has been disappointing as it failed to gain a foothold above #pivot .....

AUPH 2/4
..... #resistances 17.50 - 18.71. The Nov. 2019 #trendline is under pressure - a close below targets 13.00.

AUPH 3/4
Read 4 tweets
Hello Traders, Below is our trade plan for upcoming week #NIFTY #BANKNIFTY #RELIANCE #INDIANCHEMICALS #TRADING #FNO #SENSEX #relianceagms2020 #FMCG Image
The list of stocks mentioned in the above list have recently crossed their All Time High #ATH #Momentum #Chemicals #Agrochem #FMCG #Telecom
Below is the link to chart where we have tried explaining the idea behind buy on Tata Consumer #Tataglobal #Tataconsumer #FMCG #Breakout #Momentum

tradingview.com/chart/TATACONS…
Read 8 tweets
Analysis: #NYSE $SPCE

Case 374 #Virgin_Galactic_Holdings, Inc.

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

#SPCE 1/4
Chart 1
Daily Chart: Pivots and #Fibonacci levels are almost in perfect synchronisation. #Momentum is flat and the 5 month range dominates, price is currently unable to close above #Fib. 0.618 at 20.69 but ideally a close above the Feb. 11 .....

SPCE 2/4
..... #pivot at 21.94 is required to get things moving. A close above 29.02 will target synthetic #resistance, sloping at 36.83 and above #cluster top 37.35.

SPCE 3/4
Read 4 tweets
Analysis: #NASDAQ $SRNE

Case 373 #Sorrento_Therapeutics Inc.

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

#SRNE 1/4
Chart 1
Weekly Chart: Following the close and retest above 2 year #trendline #resistance the low at 1.39 is now well established. Monthly #pivot resistances lie at 9.95 and 12.92 - the former already used to take profits by .....

SRNE 2/4
..... day traders. A two week close above #Fib. 0.50 at 14.10 will target 16.90-18.30 quickly.

SRNE 3/4
Read 4 tweets

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