TEAM - Atlassian CorporationStarted position in TEAM this morning after it undercut & reclaimed its PEG low yesterday. Very small, 30bps risk. Will increase position size if the stock reclaims its PEG day anchored VWAP and again if it clears its inside pivot around $462.50.
Stop loss is below yesterday's undercut low.
TEAM
$CRWD $SQ $TEAM $NFLX I OptionsSwing WatchlistCRWD 4H I CRWD is still testing ATH levels near $290. Our scanners picked up more activity betting on a break to $310 before 11/19. CRWD average price target is $315.
SQ 4H I SQ filled the gap last week and the OS ALGO SQ $250 calls we highlighted on our watchlist went from $3.85 to $15.50! Or a 300%+ play! Seeing support near $250.
TEAM 2H I The OS ALGO TEAM $410c 10/22 contracts we highlighted last week ended up going deep ITM. TEAM is reporting earnings on 10/28 after hours.
NFLX 4H I NFLX outperformed the market after beating earnings. Its average price target is $677, and we are starting to see a bearish divergence on the RSI.
$ROKU $SQ $TEAM $MSFT I OptionsSwing WatchlistROKU 4H I Our scanners picked up an interesting trade before market close on Friday. ROKU $325c 11/12, it was a $500K trade. Setting an alert on a break from the trend.
SQ 4H I There is a mini gap to fill from $252.75 to $255.50. Our OS ALGO picked up bullish activity on SQ $250c 10/22 @ 3.85 before market close on Friday.
TEAM 2H I Possible ascending triangle pattern on TEAM. Retesting 52 week high levels amid strength in the cloud sector. Bullish OS ALGO activity on TEAM $410c 10/22.
MSFT 2H I After a strong move on the cloud sector the past few days, we are seeing MSFT back to testing ATH levels near $305. Watching for a breakout above $305.80.
PLAN - Bullish call flow Aug 27thAnaplan, Inc. is a cloud-native enterprise SaaS company that helps improves business performance. Options - Over 3800 Sept $70 calls bought Aug 27th, Put/Call ratio is .21. Related tech business software names that did well for earnings, TEAM, MNDY, CRM, BILL. Currently above the 200 SMA, $61.8.
Atlassian seems to want to surpass the recent highsAtlassian is a software company that produces services for management and collaboration within the working groups.
A hot topic today, considering that many companies have decided, first for the covid and now because they have realized that work goes on even faster, to make work their staff remotely or from home and without time or office constraints.
This is surely the revolution of the century as far as the world of work is concerned and all the previously existing preconceptions about the fact that the staff had to necessarily live in the offices for at least 8 hours a day have been overcome.
Many companies have managed to reduce costs, others to give a higher quality to the work of their employees, thus encouraging greater collaboration and better productivity.
Many have done so, and many are still adjusting, but one thing is certain: those who produce software for business collaboration can only benefit from this office revolution.
In fact, the Marketmiracle advisor that identifies the interests of the various market players has provided an input signal for the company $TEAM or Atlassian that produces some of the main software.
The signal is a LONG input at a price of 250.42 usd for a target of 288.71 usd with a potential profit of 15.29 % really not bad if it came true for a company of this caliber.
From the fundamental point of view according to some sites that I follow as a reference Atlassian seems to be below its fair value and seems to be solving a large part of its debts, with a year-on-year growth forecast by the very high analysis.
It would seem that everything is in order for a further price increase.
Analyzing the graph we realize with the company is already close to its maximum and this further push would lead you to touch up its absolute maximum.
I decided to take a position on the title, I think there may be an even brighter future in this particular moment that has certainly hurt us very much from the health point of view but taught us many other things from the point of view of work and human.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
XAUUSD IS ABOUT''A BUSSS4H Timeframe-
A wonderful triangle formation. With the consolidation working in nice lil areas, I am expecting big movements with either downside potential towards to the resistance now support level.
Or
Continue its uptrend with more bullish power and form a new resistance level.
Either way, I will be keeping an eye on the charts getting ready to enter when the market deems worthy.
Good luck Traders and lets go team!
GOLD +7 Profits in a row & GOLD FutureAfter Successfully catching the break around 1833 and taking profit around 1850 we look for re-entry to continue to higher levels.
In this chart you can see all of the key levels to look out for - 2 channels - support & resistance areas.
Long-Term I a very bullish on both Gold & Silver I believe we will see $5,000 gold in the future. For long-term investors DCA the dips. For trading follow the trend.
GOLD +8 Profits in a row & Next TradeOur team played the breakout from the H&S Pattern securing 1833 - 1850 profits. We re-entered at 1852 with a TP1 1858 TP2 1860. Posted in our previous posts.
Now we are looking for re-entry. Do not enter here. If we fall Back to a strong support that can be good re-entry. If we break a strong resistance that is also a good entry point.
Ultimate target 1900. Happy Trading.
How NOT to Invest Lets me discuss basic human psychology.
Most investors only want to invest when stocks are BOOMing and reaching an all time high!
Does this sound like you?
While most investors avoid stocks when they first begin or when they reach their lows.
Some Rules of investing:
1) Buy when the stocks dips at appropriate levels & better yet at early stages - do your due diligence
2) Never buy ATH wait for a pull back or another opportunity (There is always another opportunity)
3) Check RSI Levels (Oversold) & MACD (Cross over downtrend) :: (BASIC TA)
4) Only invest in sound companies that you believe in the long-term
5) Buy the hype sell the news (To an extent)
6) When everybody is talking about it - its time to plan your exit
7) Be an early adopter on the technology bell curve not a late adopter or WORSE a LAGGARD.
(Bitcoin @ $1 = Innovator - Bitcoin @ $100 Early Adopter... ect)
Example: Chinese EV stocks
Here is an example of LI Auto the time to buy was when nobody was talking about EV (Electronic Vehicle stocks) if you perhaps could see the future in these companies & foreign country opportunities. That was the time. Most people rushed in at $50 when the stock was HOT. As you can see the RSI was very overbought & MACD cross over. Now you can buy in at a much more FAIR cost @ 30 & on a 3 point trend line. If you believe in a stock this is the proper way to DCA.
There was also a negative news event (big surprise) but I doubt much traction will come of it. Many Americans invest in Chinese stocks.
Happy Trading!
TEAM weekly/daily 167.25-159.4 pro: 1. origin of weekly move 2.TEAM weekly/daily 167.25-159.4
pro:
1. origin of weekly move
2.W/D/240 min coninciding zone
3. 3 exciting candle in daily
con:
1.smaller exciting candles in daily 1st one
2. small candles in rhe letf of zone
3. all tech stocks are coming down drasticlayy for past 2 trading session
Confirmation entry only
pro:
1. origin of weekly move
2.W/D/240 min coninciding zone
3. 3 exciting candle in daily
con:
1.smaller exciting candles in daily 1st one
2. small candles in rhe letf of zone
3. all tech stocks are coming down drasticlayy for past 2 trading session
Confirmation entry only
Atlassian Corp $TEAM$TEAM is very close to break out. It is just below $191.72. Watch for a breakout with heavy volume to be long
12 months Consensus Price Target: $172
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx