Analysis: #NASDAQ $OCGN

Case 520 #Ocugen Inc.

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

OCGN 1/3

Daily Chart: A base has now been confirmed and price has taken off. An unfilled gap has been left behind with block #supports engulfing the gap. Price is correcting low and targeting 7.90 and possibly the bottom of the .....

OCGN 2/3

..... gap. To the #upside, price needs to gain a foothold above 18.57 then 22.45.

The #Strategy is printed on the image.

OCGN 3/3

Read 3 tweets

malteseinvestor

@malteseinvest

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

malteseinvestor

@malteseinvest

Analysis: #NASDAQ $LVGO

Case 368 #Livongo Health Inc.

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

#LVGO 1/3

Chart 1
Weekly Chart: Strong #momentum has been building since April 2020 and price closed strongly above July 2019 #trendline resistance and has risen to a new all time high - synthetic #resistance is seen at 100.76.

LVGO 2/3

Chart 2
Daily Chart: Price has risen strongly and an unfilled gap between 85.72 - 82.50 has appeared. The best #supports are 71.80 and 67.35, we plan our first entry slightly above and will attempt small longs.

The #Strategy is printed on the image.

$LVGO 3/3

Read 3 tweets

malteseinvestor

@malteseinvest

Analysis: #NASDAQ $HOLX

Case 267 #Hologic Inc.

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

#HOLX 1/4

Chart 1
Weekly Chart: A violent reversal was seen since recording the all time high of 55.25 - the constant failure to close above 57.00 caused a loss of momentum and price crashed through multiple #supports wiping out 50% of .....

HOLX 2/4

..... all gains. Long term buyers were positioned at the #Fib 0.618 at 26.86 with the monthly #SMA 200 at 25.61 and price has recovered strongly. Closes above 52.16, 54.32, 57.00 are required to target 65.50

HOLX 3/4

Read 4 tweets

malteseinvestor

@malteseinvest

Analysis: #NASDAQ $SWKS

Case 266 #Skyworks Solutions Inc

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

#SWKS 1/4

Chart 1
Monthly Chart: Since 2015 price action has been trapped in a $65 range, the inability to break away cleanly and close above the #trendline #resistance (currently:124.50) continues to hamper upside progress - monthly close above is .....

HWKS 2/4

..... required for 144.60 then 166.15. The long term trend is #bullish and strong #supports are between 53.00-45.00.

HWKS 3/4

Read 4 tweets

malteseinvestor

@malteseinvest

Analysis: #NASDAQ $APPS

Case 145 #Digital_Turbine Inc (Revisited 1)

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

Thread 👇👇👇

#APPS 1/3

Chart 1
Weekly Chart: The Dec. 2018 uptrend has broken and price is set to drift down further, especially if a close below 5.70 is printed. The next #supports are 5.25/12 and then 4.73/00. The SMA 200 sits at 2.48 and the long term #trend is still #bullish.

APPS 2/3

Chart 2
Daily Chart: The #Strategy is printed on the image.

$APPS 3/3

Read 3 tweets

malteseinvestor

@malteseinvest

Analysis: #NASDAQ: #NFLX

Case 13 #Netflix Inc

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

Thread 👇👇👇

1/12

A strong #uptrend that began in 2013 and peaked at a $423.31 in June 2018 and ever since then downside pressure has been building especially around $385.00 level. The trend is still healthily #bullish - for now a broad range is in play.

2/12

Chart 1
Monthly Chart: Synthetic #trendline pivots have been calculated over various peaks and troughs. A trendline and trendline #pivot mark the upper #resistance boundaries. Trendline #supports have also been added.

3/12

Read 12 tweets

Discover and read the best of Twitter Threads about #supports

Most recents (9)

Related hashtags

Discover and read the best of Twitter Threads about #supports

Most recents (9)

Related hashtags

Did Thread Reader help you today?