Erictaylor

Erictaylor

Looking like a W pattern that broke out. And now abnb coming back in to retest the W pattern as support. I’m going long on 100 calls between 107.50and 107 area. I think in the coming weeks abnb could explode. Good luck be safe probaly would close if we start closing bodys below 107 and opening below as reistance

Erictaylor

Since breakout of 412.62. Spy has been ripping. It’s headed back into key resutance levels. 417.47. 418.60. And 420. Personally I think spy will follow this risinf channel trend. I think spy may have enough power to break 420 today or tomrorow…. Now if we break 420 a lot of volume is going to come in. This can allow for very large short stops to get hit and...

Erictaylor

So we discussed the possibility of a W pattern formed on that 57$ retest. As of now we got it ! One thing to watch closely thou is this 60$-60.40 level. Although this idea I have is potentially a nasty breakout trade, we do have to be carful Becuase we have 2 lower highs in place and a flat bottom at 57$ So technically this can be a bearish pattern. If we...

Erictaylor

Range idea this is very very early. It may breakout from here Howver I am speculating a short entry on NvDa at 298.50 area. If we pop and hold 298.55 and hold as support then this idea is wrong and close imediatly. I would wait on this idea for the next 45 min Becuase we should have an answer. If nvda breaks 298.60s and holds then don’t enter anything However...

Erictaylor

This is pretty solid setup. Tesla had consildation ascendinf triangle with 165 reistance. We broke out at headed towards 174 which rejexted and headed to retest 16480-165 which the buyers held strong If we look at this as a backtest of previous reistance as new support it looks pretty bullish. Now if we draw a trend reistance down the whole chart as...

Erictaylor

Since my last post when we were creating a W pattern at the low of 17$ I was saying long So far we have played out close to a T of my expected idea (I drew it in with white squiggles ) LOl Now ai is it my first key reistance. Also we ended up putting in a cup and handle pattern on smaller time frames with nexkline at 20.60 This key reistance we are at is...

Erictaylor

Last time I posted this I was telling long at 133321 and add if we did happen to dip to 84485 We dipped a little below but right between the 2 levels. I loaded up the boat at my level. We have since then ripped up. This chart does look like an inverse head andhsludlers forming. Howver. I have also see crashing patterns setup this same way. So the best thing to...

Erictaylor

This is setting up nice we put in a double bottom at the 50$. We had a trendline break and push up. If you compare this chart to a 15/30 min chart on C3 ai you’ll see the same setup and what it did after this same setup I’m looking on coin to pull back in and make a double bottom at that most recent low after the trend break. It can make a lower low and still...

Erictaylor

Has been bearish howverr since breaking 165 this has had some bullish price action. We did see a rejextion of 177 which is a key previous support but holding 165 is a bullish look so I’d play off that support. If we lost that and held below then 162-161 is that previous support but it would show a more bearish chart then it already looks. Remeber back ta 125 on...

Erictaylor

So this thing blasted off and has been non stop sellin off since blow off top. Obvisouly big risk big reward. Howver I have 2 key supports based off previous pattern consildation zone befoee the rip. The top reistance of that consolidation pattern prior was 133321wjich is roughly around where it is now which is why I am posting this idea here. This level could be...

Erictaylor

This was a crazy runner. Got clapped hard but on daily we are holding up at the 200 and 100 ema. To me it’s worth a shot with stoploss below 8.70. Buying anywhere from 8.88-9.15 should give us a decent averge for a small risk stop below 8.75 or so. Targets are 12.40 and 15$ take some off at those leave the rest for moon LOL.

Erictaylor

Although Btc could Blast out of this symetrical triangle at the top, it is supported between 29.8 and 28.1. We have shown some serious support as 27 k there is a lot of similarities to a rising brodening wedge If this was to break 27k and flip to reistance this pattern over sometime could take Btc down towards 25/24k. Now of course what happens at that 25/24 k...

Erictaylor

Getting extremely tight here. Symetrical trinagle. At the top of the range. Considlation station. If we break out of 29,8 and hold tarhet is 33k. We will still have to battle 30k but this could give squeeze we need. If we break below 28.100 and hold below target is 25k but 27k is still key support we would have to battle.

Erictaylor

Pretty solid breakout today of 164.30-165 area. This is pretty big for Tesla as 165 was a key support of trend previously. I have downtrendin reistance at 178 looks like we can still come fall back in for a back test. Key support is somewhere between 163-165 so anywhere in that zone for me could be a huge buy zone. I’ll be waiting for the backtest retest...

Erictaylor

Since the 20.42-21.45 range breakdown C3 ai dropped down towards mid 16s. It’s held up for weeks down here and as of now doesn’t seem to want to drop lower. It’s possible it is gearing up for another move and hienstly I was thinking downside for weeks now. Howverr now that I’ve been watching the buyers steppin in at lower 17 range I’m starting to speculate that...

Erictaylor

Buy in this range. Stoploss 6.85. Target 9-10$. Lower support possibility of a breakout if we rip through 7.60 and use as support. This could be a big breakout. Get ready !

Erictaylor

Large support we have held every time so far. Will it hold again? If we do fail then 160 is key support as well as 156 would target the bottom of the rising wedge. Howverr the support has held over and over. As well as 163 being key support. So for me I’d short 166.35 or 167.45 pop up, and stop above 168.50 Remeber every time we tapp 163 we do seem to bounce...

Erictaylor

Been in a huge range all year. Could be a large ascendinf triangle but it’s no where near ready for the breakout. Everytime we enter upper range we don’t hangout long but man do people get bullish as all hell. Granted tech stocks have been leading heavily and prob the key reason spy has held up so well, I don’t think it’ll be lasting much longer. Overall spy has...