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$SLV | #IShares Silver Trust $22.30 Target
The inevitable selloff arrived and it looks like it may have some more room to fall.
We see $22.30 as a possible level of support which may be temporary.
Lots of inexperienced traders FOMO'd into this so weak hands all the way up from the mid teens.
Multiple gaps are also negative, so caution needed and avoid a falling knife
$SLV | #IShares Silver Trust $22.30 Target
The inevitable selloff arrived and it looks like it may have some more room to fall.
We see $22.30 as a possible level of support which may be temporary.
Lots of inexperienced traders FOMO'd into this so weak hands all the way up from the mid teens.
Multiple gaps are also negative, so caution needed and avoid a falling knife
$SRNE | #Sorrento Levels to Consider
Another major day for the stock with a 30% rally, which hit resistance at Fibonacci expansion and Horizontal resistance.
Further upside targets are at $20.00 & $22.50 where there is also confluence of resistance.
The stock is overbought now but is very popular among day traders so gains must not be taken for granted.
Price actions above $26.80 is very limited so resistance is not substantial, thus rallies can get exaggerated and frantic.
Support is very limited now and any fall could be quite deep so keep stop losses and respect them.
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$SRNE | #Sorrento Levels to Consider
Another major day for the stock with a 30% rally, which hit resistance at Fibonacci expansion and Horizontal resistance.
Further upside targets are at $20.00 & $22.50 where there is also confluence of resistance.
The stock is overbought now but is very popular among day traders so gains must not be taken for granted.
Price actions above $26.80 is very limited so resistance is not substantial, thus rallies can get exaggerated and frantic.
Support is very limited now and any fall could be quite deep so keep stop losses and respect them.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$JMIA | #Jumia Tech Levels to Consider into Earnings
After a 250% move in 2 months, things are getting very lofty for JMIA , but as earnings approach
the bulls are still involved.
Option activity is bullish .
Sentiment and momentum are on the side of the Bulls.
$20.35 Fibonacci resistance has currently halted the run, a break above could set up a move to
$26 & $31 where we have major pivots .
To the downside $18.20 & $16.00 are support levels to watch for any dips or selloffs.
$PLUG | #PlugPower Still Has Some Power To Go Higher
Possible long on break above $12.20.
Next major pivot $13.50
Limited upside resistance to $15.50.
Stock is overbought but still popular among day traders
so technical indicators possibly not as relevant.
Care needed as support is weak and well below current levels.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PLUG | #PlugPower Still Has Some Power To Go Higher
Possible long on break above $12.20.
Next major pivot $13.50
Limited upside resistance to $15.50.
Stock is overbought but still popular among day traders
so technical indicators possibly not as relevant.
Care needed as support is weak and well below current levels.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$NCLH | #Norwegian Potential Targets
Potential upside targets if rally is sustained
- $15.70 - $15.93 POC & FIB resistance
- $17.62 Volume shelf resistance
- $19.43 Overall .236 Fib level
- $21.50 Local Fibonacci Golden pocket
Rally could come to a sudden end so tale care
and keep greed & FOMO under control.
19% short interest
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$NCLH | #Norwegian Potential Targets
Potential upside targets if rally is sustained
- $15.70 - $15.93 POC & FIB resistance
- $17.62 Volume shelf resistance
- $19.43 Overall .236 Fib level
- $21.50 Local Fibonacci Golden pocket
Rally could come to a sudden end so tale care
and keep greed & FOMO under control.
19% short interest
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$AMZN | #Amazon Weekly On Support
AMZN stock has reached some strong support.
-The 7MA on the weekly has been support since March,
- The Up-trending channel is also now in range and has provided great
support from March lows.
Recent weakness needs to reverse soon before we get a trend change.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$AMZN | #Amazon Weekly On Support
AMZN stock has reached some strong support.
-The 7MA on the weekly has been support since March,
- The Up-trending channel is also now in range and has provided great
support from March lows.
Recent weakness needs to reverse soon before we get a trend change.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CARS | #Cars.Com Parked on Support
After huge move post earnings , the stock has consolidated and possibly found support
on the 200ma and horizontal support.
Will be looking for potential bounce to the $10.00 region where the Fibonacci GP has held as resistance previously.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CARS | #Cars.Com Parked on Support
After huge move post earnings , the stock has consolidated and possibly found support
on the 200ma and horizontal support.
Will be looking for potential bounce to the $10.00 region where the Fibonacci GP has held as resistance previously.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$JPM | $112 Target for #JPMorgan Short-Term
Stock has managed to cross the much hated $105 level pre-market,
lets see if it can stay there and possibly set up a move to the 200ma @ $112.
Yesterdays rally was cut short buy the late day selloff.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$JPM | $112 Target for #JPMorgan Short-Term
Stock has managed to cross the much hated $105 level pre-market,
lets see if it can stay there and possibly set up a move to the 200ma @ $112.
Yesterdays rally was cut short buy the late day selloff.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.