MMAT Squeeze $we held above the strong support 1.60$, now we breaking out from 2.25$ resistant level if we held above it we will see a test for 2 profit.
Squeezemomentum
SCWB- Sustained Uptrend Curently in a Momentum SqueezeSCHW has done well in a bad year for the market. the earnings release in October looked good.
The stock has gained 25% in the past 4 months very consistentl which shows relative strengh
compared with SPY which has descended badly.
On the daily chart it is sitting above an ascending Ichimoku cloud. This has been trading above
VWAP since Late October showing an overall bullish bias.
The Momentum indicator shows a current squeeze with the Bollinger Bands constricting around
the price action. I am looking to trade this as a call option with a one-month expiration.
Fundamentally, SCWB will be busy this December as the number of tax loss sales to
book capital losses will likely be astronomical.
MULN $ Alert Targetif we open the market above our current level of support 0.60$, and hold it , we going to have continuation for the pump till first profit taking around the 0.67$, then the 0.76$.
on the other hand if we broke the 0.60$ on the market open , then the short will drive the price till our strong level of support above the 0.53$, and holding above this level we confirm the strength of the bull, to retest the 0.60$ later today and going towards our 2 profit taking .
BBBY Reversal Area we visiting an important support for NASDAQ:BBBY which is holding above the 6$+, if we consolidate above that support , we going to test our resistant and first profit taking around the 8.16$, and then if we break it , we going to test the second profit taking around the 11$+.
if we broke the 6$ support , it's means the short is in control , and go to other bottom above the 4$+.
AVYA Pivot $ Levelwe need to hold above our current ascending live in order to confirm the bullish momentum and ugh breakout around the 2.70$, and then going towards the 3.90$.
if we didn't hold above our ascending live , we going to test our bottom for this month above the 1.14$.
SYRS Squeeze $ the premarket is above our support the orang line , we should hold to confirm the price continuation till the first profit taking , then if we broke this level we going to have a test for the other 2 profit taking .
remember the profit taking area is area of possible rejection and short coming in , the only way to find out that we will continue to go up, is breaking those level and holding above it .
let's hunt for Friday .
BBBY Breakout Zone $we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant.
cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
BBBY Reversal $ Target we have huge bearish momentum after hours after we got rejected at our resistant around the 28$, now we have to have a reversal above the 17.60$+, in order to retest this resistant and have a breakout and squeeze over the 30$+, other wise the short will take the price to the bottom price above the 13$+.
BBIG Squeeze $we have a support above the 1.32$, if we hold that support , we going to have accumulation then a test for the 2.20$ squeeze area, to go towards the 3.50$+.
BBIG $ Squeezewe need to hold above the 1$ level to confirm the strength of the Bull and going to rented the resistant around the 1.32$, which will give us the momentum to go to the squeeze area around the 2.20$ , of course if we hold 4h candle above that level .
RDBX Bottom reversalwe tested our resistant level yesterday around the 5.15$, and we got rejected, now we have critical level to hold , which is above 3.70$+, cause if we broke it, we going to have huge short volume to drags us until the bottom price level for RDBX, which is above our ascending line above the 3$+.
still the 5.15$ is squeeze level target, if we hold it , and make it our support to test the 9$+.
TSLA, Dropping prices!Hello traders. Tesla has been consolidated and tomorrow we might have a dowtrend, by the way the gap could be negative!
The prices might drop from 751 (PP) to 738(S1), to 716 (S2). hoping that prices don't break at 702 that it would confirm a new drop to 620, not tomorrow, but during this week.
On the high side, we could have 774 to 785, conditioning that the prices bounce on the pivot Control point, pivot point 751
All this is to keep the technical reversal of the last uptrend.
If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term.
Please keep checking the trend, pivot point levels.
The key. The prices should bounce on the pivot level to go higher.
NASDAQ, Downtrend, The supports should work!!Hello traders. Nasdaq has been consolidated and tomorrow, We might have a strong sell zone, the last resistances, and support that I showed before still working and tomorrow we should check if the prices won't strongly break down at 12359 and if the prices do it, it should bounce at 11906.
The target for tomorrow S1 -S2
All this is to keep the technical reversal of the last uptrend. If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term.
Please keep checking the trend, pivot point levels, and the support and resistance I have plotted in the chart.
The key. The prices should bounce in the pivot level to go higher.