Charts I’ll be keeping an eye on and have alerts set for, be sure to note that some of the charts are of daily and some are of weekly candlesticks. There is no need for you to follow & track each and every one of these charts below, but go through them and note which ones would best fit your strategy. Charts listed in alphabetical order:
AAPL (updated text, meant to write “100-day SMA”, not “50-day SMA”)
Bounced right off extended support as anticipated. Still in ‘no-man’s’ land currently, would like to see a higher peak, which would also mean a break above the 100-day SMA + 38.2% Retracement level. All add validity to break of prior peak.
Potential short with break of neckline. Head-and-Shoulders.
Broke out of falling wedge (h/t to @traderstewie for pointing out this pattern), but continue to move downwards. We are seeing a positive RSI Divergence. A long with a stop below its low during the wedge, 87.92, can be used, but would FIRST wait for cross back above 20-day SMA, some higher high candlesticks.
Long if price breaks 54.32/breakout from intraday cup-and-handle on VOLUME
Notes on chart
Stuggling due to increased strength in its competitor CSCO; back at important support level
Wait for break of symmetrical triangle and higher peak
Nice reversal so far, price target noted on chart
Holding Extended Support
Would like price action to tighten up more before breaking out, will likely not long if it just breaks above horizontal resistance with no consolidation prior.
Retesting prior lows, Measured Price Target out of larger rectangle still not hit, but price may not touch that level any time soon, important to see if if prior 4 weeks ago is broken. If it is, then next target of 127.80 is likely next support. Notice how the support lines, bottoms, and Fib Retracement Levels coincide. 127.80 = Measured Price Target, 1/28 Bottom, and 50.0% retracement. Below that is 113, 7/30 Bottom, 61.8% retracement
Something to keep an eye on, to see if it can gain some upside separation from support
TIGHT Range after breaking out
Notes on Chart
Broke out last week, watch for follow-through, or even a long on throwbacks on daily
Uptrend upholding, can choose where you want to long (based on risk preference), can either long at these levels are wait for break above horizontal resistance
Continues higher, watch for follow-through/separation next week
Notes on Chart