After breaking the downtrend last month, JD was able to create a higher low and now doji'd the past two days. Time for it to pick a direction and we strike
Heading into the week ARKG is on my radar for a play either side... If it breaks the hi of friday(green line), we can fly and if it breaks the low of friday(red line) we can dump. I am really excited to see what happens with this.
TSM Looks to be about to complete an Inverted Head and Shoulders pattern on the 4hr time frame. A break of the trend line and hold should be a good entry. A break of 123.50 would be the super safe entry. Neckline to head is roughly 13pts, so the expected move from the neck to completion should be the same which would put our High End Price Target at roughly...
NASDAQ:ABNB I has been consolidating in a large range from around 174-214. It tapped the 173.50 support a couple of times last week and may be looking to reverse and head back up to to the upper end of the channel. The confirmation would be the hold of the support while also breaking through the trend line(green), this would also serve as your safe entry. First...
NASDAQ:NVDA Take a look at NVDA on the Daily timeframe. It had a nice consolidation at the top, that looks a lot like distribution. It had a failed rally and then started to come down and test support and then another rally, this time on lower volume which is where we are right now. I failure to hold support in the 475 range could be the break needed for the mark...
