Discover and read the best of Twitter Threads about #pivots

Most recents (18)

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: #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 $GME

Case 457 #GameStop Corp.

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

#GME 1/4
Chart 1
Monthly Chart: Long term conditions are very #bearish, as a new all time low printed Apr. 2020 at 2.57. Important break above Aug. 2016 #trendline but strong resistances seen throughout of note #pivots at 13.27- 15.74. Further up major .....

GME 2/4
..... #resistance at 21.60- 26.58 with buy/hold stranded longs at 31.84- 35.98

GME 3/4
Read 5 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: #NASDAQ $BOXL

Case 402 #Boxlight Corporation

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

#BOXL 1/4
Chart 1
Weekly Chart: It's been one year since price closed back above #SMA 50. As a minimum price needs to hold above synthetic #resistance at 3.67 to challenge the major resistance zone .....

BOXL 2/4
..... between 5.77 - 7.24 (Fib 0.382 and #pivots). A close above #Fib. 0.50 (8.87) quickly targets 11.05.

BOXL 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: #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: #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: #NYSE $KODK

Case 283 #Eastman_Kodak Company

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

#KODK 1/4
Chart 1
Weekly Chart: Another blow to the bulls as a new all time low of 1.50 was recorded in Mar 2020. Price is currently holding above the #SMA 50 and attempting a close above the SMA 20 - immediate #resistance is seen at .....

KODK 2/4
..... 3.21 then 4.20/85 #pivots and #trendline with the SMA 200 at a distant 6.32.

KODK 3/4
Read 4 tweets
Analysis: #NYSE $NKE

Case 64 #Nike Inc

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

Thread 👇👇👇

#NKE 1/4
A great chart, rising in an orderly fashion - #bullish in the medium and long term but slightly toppy and neutral in the short term.

NKE 2/4
Chart 1
Weekly Chart: Monthly #Fibs, #pivots supporting further upside into a rising channel - the current object is 104.56/70. Strong support lies beneath the channel around 67.00-63.50 area - also the #SMA 200 valued at 67.70.

NKE 3/4
Read 4 tweets
Analysis: #NASDAQ: #MSFT

Case 29 #Microsoft Corporation

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

Thread 👇👇👇

MSFT 1/6
Microsoft has been in a strong #uptrend since the break/close above the previous all time high of 59.97 which happened Oct 2016. A monthly close above 144.45 will eventually target 155.40 and 158.25 within 5-7 months.

MSFT 2/6
Chart 1
Monthly Chart: The strong trend supported by #trendline support, TL #pivots and natural pivots. A close above 144.45 targets 158.25

MSFT 3/6
Read 6 tweets
Analysis: #NASDAQ: #AMZN

Case 11 #Amazon.com Inc

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

Thread 👇👇👇

1/8
Amazon has seen a tremendous uptrend since early 2015 culminating in a top @ $2050.50 reached in September 2018. Conditions since then have become broadly range bound.

2/8
Chart 1
Monthly Chart: The most important lines - TLs, #TL pivots and horizontal #pivots have been laid out. Watch for monthly closes below these levels to get an indication of the next moves.

3/8
Read 8 tweets
Analysis: #NASDAQ: #GOOGL

Case 10 #Alphabet Inc Class A

Alphabet Inc. was created after a corporate restructuring of #Google Oct 2, 2015

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

Thread 👇👇👇

1/16
Google had been in a healthy uptrend ever since it was launched as an #IPO. A broad $300 range developed in July 2018 and this range is still being played out.

2/16
Chart 1
Monthly Chart: #Trendline and #trendlinepivots drawn off the most reliable closes. Horizontal #pivots off peaks act as strong support.

3/16
Read 17 tweets
#Analysis: #Derived: #NATU3

Case 5 Natura Cosmeticos SA (NATU3)

Currency in BRL

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

Please do your own research!

Thread 👇👇👇

1/11
A very strong trending stock which went #parabolic and beginning to lose some momentum. The trend will remain strong.

2/11
Chart 1
Monthly chart with strong upward moves closing above the #pivots, marking new highs.

The stock has gone parabolic making a new all time highs.

3/11
Read 13 tweets
#Analysis: #NASDAQ: #ENDP

Thread 👇👇👇
Case #2. Analysis #Endo International PLC (ENDP)

This company has had a very good 15 years but the last 4 years have proved miserable for buyers. The charts say it all - in 2019 we've seen all new time lows and the future does not look bright. ENDP shares the same fate as ...
... other #opioid companies. I personally wouldn't touch this stock unless it broke the upside substantially. Healthcare stocks have been performing badly for most of 2019 - there are much more attractive stocks in other sectors. ...
Read 13 tweets
#PIVOTS Do you know? There are 4 types of CPR relationship vis a vis Prev day cpr; 1)HB ( today’s cpr entirely above prev days cpr) 2) OHV ( today’s cpr partially above prev day cpr) 3) LV (today’s CPR entirely below prev days cpr) 4)OLV (today’s cpr partially below ....
....Prev days cpr) 5) IV (Inside Value) (Today’s cpr is within Prev day’s cpr) 6) OV ( Outside Value ) ( Today’s cpr is engulfing Prev days cpr) ; Each of this relationship denotes a clue; 1 is predominantly bullish, 2 mildly bullish, 3 bearish, 4 mildly bearish.....
....5 possible trend day, 6) possible range bound day. Closing price point adds further strength to the above clues, for eg I case of 1 of price closes above the cpr, the bullish view is strengthened.....
Read 5 tweets
#PIVOTS General rule - 1) If next days lower cpr is higher than today’s lower cpr, then most likely price has a bullish structure. This is called HV (higher value) relationship; 2) The opposite is LV (Lower Value) relationship; .....
......3) If next days CPR overlaps on the upside then it is called HOLV ( Higher overlapping value) relationship and it denotes most likely a mild bullish structure. 4) The opposite is LOLV (Lower overlapping Value) relationship.....
....5) If next days cpr is completely within today’s cpr then it is called IV (Inside Value) relationship and possibly next day could be a trending day; 6) If next days cpr is completely engulfing today’s cpr then it is called Outside Value (OV) relationship ....
Read 5 tweets
#TRADING Weekend Learning Time; Power of #Pivots ; Yesterday's BNF futures resistance was clouded with a confluence zone involving 1) prev day vwap, Camarilla L3 and Floor pivot low. Market gave 3 opportunities to short when it pulled back to these confluence zones.
Pattern to be watched out for short : 1) Camarilla L3+Floor Pivot Low + Prev day vwap 2) Price dropping below this zone 3) Short position execution at the first pull back after confirming price action at this zone. 4) Addnl confirmation LTF RSI below HTF RSI. 5)Stop abv CamL3.
Why I didn't act yesterday? I had a loss trade and after booking I stopped looking at the markets. So best I can do is to learn from the charts and tweet whatever I have observed.
Read 3 tweets

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