Quick analysis on TSLA - MA5 yellow tapering - MA20 green coming up to 232/240 - Gap fill down to 232 - Summary ==> Look for pullback to 232 to 240 range (also reversion to the mean)
Quick analysis on GOOG - Bollinger Band contracting always coincide with MA5 and MA20 converging too - Take your bets - Bullish ==> Has to stay above 123 - Bearish ==> MA5 cross below MA20 brings it down to gap fill at 112 and then 105
Quick analysis on AMD - Broke out of range and gap filled on Friday up to 108 - Bollinger support will mean sideways or dead cat bounce to test MA5 115 or MA20 119 - Looks well bound for 94 once get rejected by yellow MA5.
Asphen
OPicezzz
:
I still see a possible bull flag but it is weird that the sell pressure is not high for now. key for me is 120. above 120 I take it as a possible bull lag playing out.
icezzz : What’s your trading plan for Goog ? Stay sidelines or trade before breakup/breakdown?
Asphen OP icezzz : I still see a possible bull flag but it is weird that the sell pressure is not high for now. key for me is 120. above 120 I take it as a possible bull lag playing out.
Asphen OP icezzz : so sidelines for now until breakout.
icezzz Asphen OP : Thanks for reply
Asphen OP icezzz : just so you know... I'm options trader. so I don't go in at current prices.
icezzz Asphen OP : If options otm, moomoo lock little of your fund compare to itm?