원문 보기
hey guys Jason here for chart guys a lot of our members have been interested in 5g stocks so we are gonna start doing some sector coverage see how much interest there is now we're going to start by looking at mr VL m r VL has had a fantastic day I believe this is due to some upgrade news whatever it is Bulls are in absolute control and they are completely dominant in today's action and my only concern is for tomorrow's upside continuation we have a lot of overbought conditions we've got a couple of key resistance tests coming up so this is almost a marabou so close meaning Bowles had complete control almost into the very end of the day just a minor minor upper wick here how much was that our clothes was 2680 a 2682 high so a 2 cent 2 cents away from where bruised our clothes so a lot of momentum here going into tomorrow my only concern with that is that we have a lot of room during which we can consolidate and see for our higher lows our last for our low isn't till on way down here $24 psychological so we can come all the way down to that level and still be in a four-hour uptrend and a daily uptrend we need to establish a base of support where we deal with how we do it that will be determined by price action but we need to be aware that we are overbought on for our time frame we're near over but in the daily timeframe and it doesn't get much better on the hourly so expect to see some pullback and some consolidation before we see a lot of upside continuation on the hourly timeframe we have a resistance of 21 26 89 2708 and then 2762 above that we did have a very brief period of consolidation with a low on the hourly time frame at 26:47 best case scenario for the Bulls tomorrow would be to open up get resistance to 26 89 pullback establish a higher low above 26 47 and allowed these RS eyes to cool off before making a continued up side attempt for longer-term moves so a lot of interest a lot of hype on em RVL right now very exciting trading and we'll see what we were able to do tomorrow if we can get over 27 64 that would be profound for long-term positions and long-term interest in mr vo next doc we're going to take a look at is X Ln X this one is not quite as bullish as Mr PL was but we do have some potential here we had our low 8922 we've established a high or low in the daily timeframe so that is good and that's a first to foundation for an overall trend change we do have resistance at ninety eight eighty six bowls are over some other key resistance levels but we are seeing property and gun today's candlestick so if bulls are in full control as we would like them to be this should not be the case we are seeing some weakness it's not to say we're not gonna see continued strength but I'll be me gonna be a little more hesitant than we would be if we saw a nice strong marabou so close signaling that those bulls are in control for the very last moments of the day so on the daily timeframe we need to go over ninety eight eighty six to have an overall daily trend change we are still in a daily downtrend until Bulls are able to lock that higher low higher high situation in that confirms the trend change until that is done we are simply looking at lower highs underneath 98 86 so Bulls have some proving to d here is a nice rounded bottom carving up that support we need to see some consolidation because we're very close to overbought 6752 this is a makings for a nice cup and handle type formation which is really in this case gonna be focused on this right-hand side and I'd like to see a couple bars maybe three for giving that a nice bull flag type shape showing that consolidation but maintaining that strength by having the Bulls up in the area of 96 85 that would be nice potential setup and then looking of course for a break over nineteen eighty six to set in that daily higher high that we talked about here are the Bulls on the hourly timeframe nice upside move sideways consolidation respecting that EMA v so that's gonna be important for us if we lose EMA five and tomorrow's action that will be the first sign that there is going to be some further downside because we have maintained that for last two trading days we want to see more of the same we want to see a little bit of an upside move then that sideways consolidation giving us a four-hour bear flag or sort of both like and four and then looking for a break over 98 86 97 80 is going to be an important level for us in tomorrow's trading action should Bulls decide to make an attempt that is not a bad place for a little bit of pullback we're still going to be overbought current RSI 72 24 on the hourly timeframe so a nice move to the upside rejection from that would set up a nice pad that we can use for those consolidation opportunities but overall some potential here we do need to see these overall trend changes change for the Bulls on the daily timeframe if we failed to break 97-80 we're gonna be looking for I'll move to the downside and potentially setting up perhaps a weekly equilibrium but it's gonna look more elegant on the daily timeframe so that's what I'll be watching for on Excel and X next talk we're gonna look at is a di analog devices Inc this is an overall daily down trick we're seeing lower highs pretty consistently in this is the area during which we're gonna expect to see a lower high anything under 11341 is gonna be a continuation of this pattern so if I'm going to be looking for longer-term entries I need a break above 11341 we've already tried to establish a higher low by holding above 104 58 on the candlestick on the 31st so getting over 11341 will be a confirmed trend change on the daily timeframe and then locking another higher low or establishing that consolidation pattern which is gonna be a little bit of icing on the cake here but so far until that is done we are in a lower high and lower low situation today's candlestick is a relatively average volume indecision candlestick long upper and lower wicks so no real control one way or the other nice to see a gap up here in continuation from yesterday's nice green candlestick or should say Friday's green candlestick but today's doesn't show a lot of direction and if we fail to break above 1 12 26 it's likely we are going to see a downswing and try to either establish a higher low above the 31st slow of 107 or what is that 104 95 Oh perhaps a break through that with a failed support test and just resumed that overall daily downtrend so a lot hanging in the balance right now on this daily and decision let's take a look at the four hour timeframe see who's in control right now we got a high over one 110 99 so the four-hour Bulls are in control we do have a four-hour uptrend in place which is good and that is what we need to see before that carries over into the daily not quite overbought but getting there 60 to 40 for RSI on the 4 hour time frame so what needs to happen now as Bulls need to establish a higher low somewhere against maybe EMA 26 would be an ideal 109 49 probably around 109 80 tomorrow in the first few candlesticks maybe get ourselves a nice little bull flag break 112 26 and then the goal as always right now it's 11341 failure to do that will see some downside moves on the hourly timeframe this is a little more consolidation than I'd like to see I'm going to treat this as a bit of a bull flag I'd like to see more contained consolidation and then more strength this is too many candlesticks for me to be considering it as a longer-term potential upside move we are consolidating our our site is under 70 but this is not quite something that I'm happy with I'm basically filling in the blanks here looking at this big flagpole I'd like to see maybe four or five candlesticks containing that action and then simple moves so far bulls are just not showing up and we were setting lower highs and lower lows giving ourselves a very established 15-minute downtrend and you can see that here so the very first thing the Bulls have to do is get out of this 15-minute downtrend because if it continues any further we're gonna be looking at a hourly downtrend losing support we have quite a ways to go before we can possibly find our last hourly higher low which depending on out here look at it it's going to be 108 46 or possibly if you're being driven our generous 108 98 so a little bit of a balance situation here on a DI no clear direction one way or the other Bulls really need to break 11341 or alternatively establish a higher low above 104 58 taking a look at GLW Corning Inc this chart is a little bit choppy and there's not a lot of clarity here for me regardless of what time frame I'm looking at on the weekly timeframe I don't see a lot of information that I can utilize we did break over 30 53 we didn't do it with any convincing action and the following week was very bearish on big volume looks like its earnings related and now we are consolidating between Rema 26 and Rema 5 and 12 on the weekly timeframe no real direction here very similar on the daily timeframe no matter how we look at it we are just bouncing around between some key levels so we need to have trend we need to have direction in order to utilize charts for our advantage for our time frame it's really it's a four hour downtrend we are looking at lower high pretty consistently and we were in an uptrend until we lost that lot with the break of 29 29 psychological as support and this is a pre market level for us the only thing that has any sort of clarity at all right now is this hourly downtrend here's our lower highs lower lows so in order to break out of this Bulls need to stay above 29:41 or alternatively break 3016 tomorrow and get a high over 30 42 that will allow them to build out this hourly pattern get into a little bit of an hourly uptrend and try to carve out some sort of semblance of stability and what has otherwise been a really really choppy market so not a lot of direction on GLW not the one I would pick for my day trade situations and until more clarity is developed and this chart involves a little bit I would be looking elsewhere for some trades right now the only thing that happened would have me interested would be a very very strong break over 30 16 consolidation against 30 42 and then a resistance test around 30 to psychological all right the next stock we're going to look at is a bgo Broadcom inc three very very strong days in a row coming up against the key resistance 3:05 75 from June 28th beyond that we do have another resistance at 307 77 then nothing on the day later 320 330 320 320 correction so a lot of potential here a lot of momentum good volume but as we know we need to consolidate we can't move this fast without establishing a base of support because if we do we're liable to simply fall down just as quickly so what are we gonna look for well first of all we need to check our our sign levels on the daily timeframe we're at 67 51 so what's possible unlikely but possible we'll see another green day tomorrow but that would mean that the Bulls are very very overextended and very tired on the daily timeframe and no doubt even more so on smaller timeframes that makes us expect and and desire that daily consolidation and it can look similar to this situation with one two three big candlesticks then we just go sideways for a while establish a higher alone the weekly and then we see upside continuation so we belong through a couple key levels oh now we're gonna look for consolidation on the four-hour time frame our RSI 79 72 the last little brief consolidation we've had is 293 67 so it's possible that the Bulls can come all the way down to that level set a for our higher alone and then continue that would be the best-case scenario with the healthiest scenario for long term positions in a VGO the likelihood that we're just going to continue going straight up is not very hot so we're gonna be looking for these hourly and for our higher loans as entry opportunities if we are very very interested in long positions in AVG oh that's the sort of thing that we want to find our early time frame we are extended 8252 and we have had an even more brief consolidation opportunity just ever-so-slight probably a 15-minute level 358 so it's unlikely I would think if we get a strong pull back then we're gonna hold that level I think that for our level is much more likely that would filler a little bit of our pre market after-hours gap here and if we came all the way down like that on the daily timeframe it gives us that nice opportunity allows us to set some key for our levels but also gives us an opportunity to close this gap to fill those nice support levels out build that base of support that we need for that long-term action hourly timeframe very very extended so let's see what the Bulls are able to do I don't expect to the same sort of action that we saw today tomorrow he would be nice and if we blow through 3:05 75 and 307 77 I will be impressed but I will be stalking and waiting for these consolidation opportunities for any sort of long term entry in stocks like AVG oh hey guys taking a look at CIE in no real interest in this one for me we are in a clear weekly downtrend we're in a clear daily downtrend we have a double bottom 3585 we're using extended hours the only reason I would be interested in looking at CI en is if we get a break about 37 24 that would look at changing this daily trend with a new higher high above 37 24 and we need to establish a higher low above 35 85 no real interest in CI en until the trend changes if you're looking for long term entries at the very least you got to have your daily timeframe behind you otherwise you're just trading in chop and you need a trend to make money in in this market alright looking a CIA weekly timeframe on this weekly timeframe we are very clearly in a nice strong weekly I've shredded resistance at 67 49 so a break over that will have me interested and that will have established a weekly higher a low at 62 57 this new area following this massive break up so that's what we like to see we like to see this higher high as we like to see support established EMA 5 has been respected for several weeks now going back to July so things are looking healthy this is nice consolidation and we can see that we are comfortable at 65 94 but cautious because obviously we are close to being overbought there 6957 is another resistance time on this weekly timeframe on the daily things looking good we had a little bit of a tightening range here we are establishing higher highs we've resumed the daily uptrend with a break over 65 33 that was a key signal consolidation day to day let's see what the Bulls are able to do tomorrow resistance of today's high of day is going to be key 66 47 on the daily timeframe not quite overbought on the 4:00 hour we are looking to establish a higher low above 64 95 this is nice perfect consolidation new high new high or low then a break above 66 47 we'll continue this for our uptrend on the hourly timeframe we can see that we were consolidating after being overbought trying to establish a 4-hour high or low looking for that trend change still above our human 26 and facing EMA 5 as resistance so the best-case scenario for us tomorrow would be for these bulls to establish a higher low with a low of this candlestick is 65 71 see some strength break above 60 647 and continue this for our uptrend I would be interested in a position above 66 47 with the Bulls showing up improving that they're ready to continue after this brief consolidation
Comments 0