원문 보기
hello traders Johnny stock okay calm today we're looking at Baba Tesla nvidia Lockheed Martin win and US Steel let's look at Babbo first stretch chart if you're not sure Baba short it up here we definitely are going to get a pullback on this one we filled this gap we've we filled the gap here at 98 53 it could go to the hundred even number you do have another couple gaps here the 105 if you Shore it up here at 96 86 add some more at 105 and then possibly use 110 as a stop out or so you got to use money management on stocks like this because it could go up to the moon like it did he went up on massive volumes because of earnings but now it sputtering out you can't get too far stretch from the 20 ma without it coming back to the to the shore we call it's like the ocean once it goes up it's got to come back but now looking at Babbo we had a nice push up nice pull back we have an inside bar bearish pattern still macro bull micro bear but these patterns here at the highs they tend to fail and next thing you know we're heading down so we're going to keep an eye on this in fact let's stick a fib from here to here so yeah so we came into the 750 miles back up try to recapture the 750 actually the 50 retrace fifty percent now we're back to the 750 but now we're in a bearish pattern setting up to go down so in the next couple days into next week if the market sell i think bob was going to head down weekly chart we got above this pivot but we did not confirm i want to see a close above this green candle and then possibly we're going to move up into this area which is the 10 4 44 and then if you're not sure this thing you have to start shorting it here even at a hundred even number 105 you got to add more and then let this thing play out it will be coming down monthly chart you take a fib from the top to the bottom we're at the 618 which is a big Fibonacci at least for us here at stock bookie and this could be the end of the road like I said on the weekly chart if we get to 10 4 45 or so definitely short this thing if it gets the 110 got ashore in it use this as a stop out maybe 112 the confirmation and then you got to step aside but we're getting stretched here and we're going up on earnings and hype and Bob was going up you know maybe they'll name the fang and stick a be at the end for Baba I don't know but but I'm just saying right now it's getting stretched it's moving up on height if the spy starts to dump bob is going to come straight in let's look at Tesla Tesla on the daily chart still strong we're still above the two mas but it did come back below we are come confirmed underneath the 20 we did not recapture the 750 retrace so you know it's a 50-50 shot here but you know looking at this you remember this with the hype and the cars and oh my gosh you're building nine thousand cars a day and it's so great the model 3 and then we had foam inside bar and look at this collapse right here everyone was upgrading it oh man this thing's ready to break out I think I was the only one saying short this thing short this thing in boom look at that short when all the way 2203 204 got the bounce i think earnings or maybe the car started on fire i don't even know goes back up recaptures the moving averages now setting up inside bar below the 20 ma we closed below these mas it's gone it's going it's going to go right here to 2020 827 then we'll wait for pattern and see if we can fill these gaps down here and then possibly lower again it's in a 50-50 shot I'm still a little bit bearish on this one on this inside bar but we'll see how it plays out on the weekly didn't tell us much other than let's see where to the close to 2016 20 to 25 the 20 ma is 225 13 so it did close below the 20 ma so now we got to get to blow this candle to confirm if we hit the 50 and crack that area we're probably going to fill this gap right around to 1684 and start to head down on Tesla again making lower highs look at its boom lower high low or high if this thing does go up and if you're not in a position then you definitely have to shore it up in this area and this trend line and just use this high pivot as a stop out or I mean go go maybe half position where you can use the all-time high and if it gets a little higher you can always add these are markets you have to add and you have to use strict money management or you're going to get creamed believe me so anyways kind of neutral but again we did close below the 20 it could start heading down next week's going to be a really really interesting week especially after options X let's take a look at Nvidia this one won't give up either well this one they're going to take take Netflix out and replace it with nvidia and it's going to be great monthly chart we talked about this the other day stretched 6237 is my area it gets above there it could possibly move a little higher maybe 265 even number and then 70 even number and we'll play the even numbers like that but when the 20 ma is at 31 39 you just cannot get your 30 something dollars stretched from the MA 20 ma just it just it's just going to end up coming in that's it even on this one this did the 20 ma is at 4722 on this one it's incredible but again it's going up on height it's the strongest name out there and they're just sending more suckers in and every time they get more suckers in they're distributing in their faces and they're selling this one's a lot well seven million on the day so it's not that light volume but they're distributing up here slowly but surely I mean this thing had great earnings why why it should be a 70 bucks right now but again we popped up inside bar popped up I want to see a close above this bar here it closes above this red bar and then confirms above the all-time high I believe we can go higher if it does not confirm up there and we closed below 60 69 we're going to fill this gap around 50 74 and we're heading right to the 20 ma which is 58 57 if this cracks we're going right to the 50 ma will wait for set up and then we'll see if we're going to short it or if it moves back up and retraces then we'll short again but this one folks on the monthly now that's no good it's going to come back in it might a little time because it is a monthly time frame but in a couple months it's going to be lower let's take a look at Owl Mt this is another one everyone's getting all bullish oh man it's it's it's LMT there's mores and they're building this and it's going to be great and keeps going up now you know what we have a little topping tale here and this is a monthly on volume if we if this encloses red it's a huge topping tale if this thing retraces back up into the to 62 63 area use this tale as a stop out or the all-time high with confirmation and get out easy short if you're not short short up here or wait for the retrace use the high as a stop out and make it easy on yourself but if we get a topping tale we're going to rate for the retrace to the top and then if we get back into the 263 area you short this one with both hands we use my strict money management you don't want anything over ten percent of your total portfolio in any trade especially in these markets what good volume let's look at the weekly weekly chart i still like this breakdown bar on the weekly I mean we engulfed almost two candles here to weekly candles that is bearish it barely held the 382 if we close below this 250 area we're heading down straight down to 242 if that breaks we're going right into these pivots at 234 and if that cracks will wait for pattern of course we'll get down into the 226 area and possibly lower let's look at the let's look at where the 20 ma is here to 14 yeah so if these cracks were definitely going down right into hair right into the 226 area and may be lower I mean you have these pivots here so that's going to be some support you have this little breakout area so but let the play this one day by day week by week and see what's going on but I'm this breakdown bar on the weekly engulfing almost two weeks of up moves that's bearish to me my opinion of course let's look at when when this was at this this was just a good one I you can't ask for more you have all these guys coming in and you know inside bar pattern company comes they're all they're all get oh my gosh here it goes here it goes comes right back in retraces up to the eyes full four days down we had a little bit of support up in this area let's take a new fib down in here this is great we cover we covered some we covered half of the wind and let's see here we covered at 97 16 we took the trade at 102-95 and that actually be covered it today at 97 16 that was great I mean we hit the 50 ma we almost touched the the fifty percent retrace and then they bounced it up a little bit that's okay there we captured the 50 ma now we're going to wait for sideways pattern see if we get a Down move that's on the daily the weekly pattern get nice inside bar and what I like it be closed below this we recaptured it they popped it up right into this top here and boom it's that's it never could get above never could get above and here we go so if this inside bar plays out gosh I think we're heading to 81 bucks I mean we got to get through the 50 ma this area here 8863 but ultimately I think we're going down to 80 130 let's see how this place and we are in a slightly bullish pattern up here but i love these inside bars here so look it's above this area then you just stopped out here right at 10 525 with confirmation easy trade we already sold half we have a break even in it gets above here we'll see how it reacts and we might actually add that half again it short it again x this was another one oh my gosh everybody everyone getting bullish again and I think you know down in here oh it's great then it was like oh oh here we go here we go and then ahead Ernie's great earnings oh my gosh you got to get in the US Steel it's going higher they hiked it hype did hyped it now they're slamming in everyone's face what do you think everyone was doing here if you would have bought this thing down at six seven bucks if you're not selling up here on all the hype and the volume you're a this is where everyone's dumping well all the small guys are buying and all the smart money's going thank you very much you got to think people huge resistance up in here so people who try to go long you know because it bounds they hyped it bounced a a bit everyone who bought up here and got slapped either they were selling down here with panic selling I mean look at the volume someone came in here and saved this thing and just pushed it up and then CNBC caught wind of it hyped it hiked it hyped it right here to whoever got left holding the bag here they didn't sell down here right when this wait when price got up into this area the the bag holders here they were selling their like I am out of this thing this I am done I can't take this anymore comes back in from the selling then it starts moving up again on the markets moving up and then good earnings and blah blah blah and then oh my gosh hype hype hype hype hype as this thing's moving up and everyone's getting all giddy oh it just keeps going we're shorten this thing we just keep adding shorts as it's going up and now we're in the money already and it looks like to me we're starting to break down nice nice downward momentum sideways for about four or five days and boom we close below this 50 ma I'm thinking we're going to fill this gap right in here right around 1910 and we could possibly move lower we're going to see how the markets react if the spy and everything else starts to move down it's over this thing's this thing is going to create are in and X is going to go right back down let me stick this in there though I just want to see I don't like these up sloping trend lines a little too much for me but you know now looking at this time let's do this let's put the FIB in there let's add this into the air yeah so 750 yeah if this thing gets back to 1846 or so you got this trend line if you're short this thing from up in this area you got to think about taking some off the table but I still think it could possibly get to the 1652 and ultimately touch the 200m a right at 1410 but we're going to take this thing day by day week by week but this breakdown bar here engulfing this whole move up that is ugly we are definitely going to go back to 1876 if this area cracks that's it we're going straight back down and I only made it up to this 50 retrace so I'm going to stick another fib in here from this area let's see that's six yeah 1438 this area here we could possible we get to so if you're short this thing from up in this area you got it you got to stick with it all the bag holders here they're all selling they're like I'm taking my money thank you very much for getting me back here so I really believe this thing's going straight back down and if the markets start to dump look out it will alright guys that's it for tonight is friday going home going to enjoy the weekend everybody thanks for watching my videos hopefully i'm helping somebody out there we only use technical analysis here at stock polka dot com and
Comments 0