#Premarket Price Testing Up-channel Option on News by curtmelonopoly on TradingView.com

Look out for a charting scenario similar to the earnings pop in Macy’s from yesterday during premarket. Related link here.

Technicals:
1. Trading 2.75 in premarket as of writing, up 26.27%
2. Price has been testing its MA’s, with bounces off the 200, 100, and 20
3. MACD pinched, and is turned up
4. Overhead diagonal resistance is currently being tested premarket in the 2.70-2.80 range

Fundamentals:
$NVAX up 22% in #AfterHours trading after news: Novavax -3.56% NanoFlu™ vaccine demonstrates improved immune responses compared to egg-based, high-dose flu vaccine.
https://www.marketwatch.com/story/novavax-stock-jumps-15-after-positive-flu-vaccine-study-2018-02-28?siteid=yhoof2&yptr=yahoo

For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact



#Premarket Elliot Symmetry After 100 MA Bounce by curtmelonopoly on TradingView.com

Currently trading at 32.30 in premarket, up 1.57%

After price established an anchor-point at its 100 MA (green arrow) for this Elliot wave , each impulse has been testing the following:
1. All-time highs at (1), which were subsequently broken, for a bear-run
2. 200 MA at (2) and (4)
3. Reversal at neck-line on (3), corresponding to a pivot off price at its 20 MA

Observations:
Overhead resistance at the 100 MA (~32.75)
MACD hasn’t pinched yet

Fundamentals:
https://finance.yahoo.com/news/dicks-stop-selling-assault-style-130343515.html?.tsrc=rss


For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact



#Earnings Breaks Up-Channel, Testing All-Time Highs #Premarket by curtmelonopoly on TradingView.com

Technicals: 
1. Currently trading at 24.53 in premarket, up 16.64%
2. Green arrows show tests at the 200 and 20 MA’s, with each one coinciding with pivots off conventional lines ofsupport/resistance (red-dotted lines)
3. Orange lines point to pivots off an up-channel option, also using lines of support/resistance as pivot points
4. After reporting strong earnings , price has broken out of its up-channel on significant price action and has established a new continuation over diagonal resistance
5. All-time highs are at 24.69, as of writing

Fundamentals:
Earnings – https://finance.yahoo.com/video/etsy-ceo-q4-beat-shows-113300115.html?.tsrc=rss


For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact



Possible Up-Channel Continuation Testing Trad. MA’s+Sup/Res by curtmelonopoly on TradingView.com

Watch out for a possible bullish continuation as price tests several traditional indicators.

Technicals:
1. Currently trading at 181.75 in premarket, up 0.16%
2. Elliot wave analysis uncovers symmetry following an up-channel option, with (5) pivoting off conventional support (red-dotted line) at ~175.60
3. NOTE: Thick green arrow shows price has tested its 20 MA, with next test at the 200
4. IF price continues to follow its up-channel, and provided that resistance is broken at 185.03, THEN its next price extensions are: 188.50, 195.25


For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-trading-periodical-contact



$SPY Trading SPDR SP500 Price Targets to Mar 8 Price Time Cycle by curtmelonopoly on TradingView.com

Price Targets: 255, 270, 287

Comment: US stocks set for a positive open as earnings, GDP take center stage https://www.cnbc.com/2018/02/28/us-stock-futures-dow-data-earnings-and-politics-on-the-agenda.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo

For my Personal Trading Plan “How to Trade $SPY SP500 0.03% Move” follow-up posts and complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact


Up-channel Option Testing Highs in #Premarket, #Earnings by curtmelonopoly on TradingView.com

Technicals:
1. Currently trading at 46.94 in premarket, up 0.75%
2. Green arrows show price has been respecting its MA’s, and has tested the 200, 100, and 20
3. Red circle shows the MACD has turned up, and is signaling bullish
4. Red arrow signifies previous high, which price is currently testing in premarket

Watch out for a possible break over previous highs as Square continues to prove out its up-channel option.

Fundamentals:
Earnings: https://www.marketwatch.com/story/square-earnings-bitcoin-may-generate-buzz-but-its-not-what-pays-the-bills-2018-02-26?siteid=yhoof2&yptr=yahoo


For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact



#Earnings Breaks Heavy Resistance in #Premarket by curtmelonopoly on TradingView.com

Technicals:
1. Trading at 30.19 in premarket, up 9.65%
2. Price has broken heavy resistance at previous highs on earnings news, as of writing
3. MACD is turned up, and still has some space to go
4. Previously, there have been tests at the 200 and 100 MA’s, coinciding with a mean reversion working into an ascending wedge/up-chnnel option over ~25.30

Fundamentals:
Earnings before opening bell: https://www.cnbc.com/2018/02/27/macys-q4-2017-earnings.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo

For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact



Up-channel Option Broken in #Premarket by curtmelonopoly on TradingView.com


1. Trading at 180 in premarket, up 6.31% at time of writing
2. All-Time Highs (ATH’s) at 181.15
3. Up-channel option has been broken in premarket, with price re-testing its MA’s
4. MACD is still turned up, with next test at ATH’s

Fundamentals:
Palo Alto Networks 2.28% reports quarterly profits of 86 cents per share on software sales: https://www.cnbc.com/2018/02/27/stocks-making-the-biggest-moves-premarket-cmcsa-tol-disca-panw-fit-seas-more.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo

For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact


Trading the $NFLX Move (Technical Chart Set-up)

Below is part two – a follow-up to our previous alert. *Apologies* We lost this post to an infrastructure bug, hence why it has been sent out again.

Our Trade Alert in Review. 

We posted the $NFLX alert in premarket this morning based on news: https://tech.economictimes.indiatimes.com/news/internet/india-is-a-key-part-of-international-subscription-growth-netflix-ceo-reed-hastings/63074364

At time of our alert, NFLX opened at 288.75.

$NFLX closed the regular session at 294.16 for a gain of 1.87% on the day from its opening price.

Your Trade Set-up.

Here is the basic structure of the $NFLX chart set-up for swing trading (or day trading) the move.

Real-time $NFLX chart link: https://www.tradingview.com/chart/NFLX/GRp4Tv9v-NFLX-Netflix-swing-long-above-295-83-targets-337-92-or/https://www.tradingview.com/chart/MOMO/SWdmgJ1n-How-to-trade-MOMO-setup-on-chart-price-targets-swingtrading/

$NFLX Netflix swing trade long above 295.83 targets 337.92 or under 254.33 Aug 16 2018. #swingtrading

Swing Trading the Move:

Bullish Option: Long to first target at 339-342 if price breaches 293.72

OR if price fails;

Short to price target in the 255-265 range.

Refer to time – price cycle noted on the chart on August 26, 2019.

Part One of Post:



Testing Previous Highs in #Premarket by curtmelonopoly on TradingView.com

Did you find value in this setup? Our Swing Trading Newsletter Service is only $1.99 for the first month ($119/mo. thereafter). Click here to learn more


Trading the $MOMO Move (Technical Chart Set-up)

Below is part two – a follow-up to our previous alert.

Our Trade Alert in Review. 

We posted the $MOMO alert in Friday premarket based on a buy-out of their smaller competitor Tantan (see bottom of post).

At time of our alert MOMO premarket was trading up 8.71% at 33.19.

$MOMO closed the regular session at 35.75 for a gain of 17% on the day – adding another 8% gain after our alert.

Your Trade Set-up.

Here is the basic structure of the $MOMO chart set-up for swing trading (or daytrading ) the move.

Real-time $MOMO chart link: https://www.tradingview.com/chart/MOMO/SWdmgJ1n-How-to-trade-MOMO-setup-on-chart-price-targets-swingtrading/

$MOMO, chart, trade, setup

How to trade $MOMO set-up on chart – price targets. #swingtrading

Swing Trading the Move:

Long to first target 33.35 – 33.65 (hit Friday) as did the second price target of 35.25 to 35.40 (hit Friday).

Long (preferably on a pull-back and bounce) to next price target 39.10 if trend continues long to 42.90 and on to 46.75 (see horizontal support and resistance lines on chart).

OR if price fails;

Short to 31.54 and on to 27.70 in a downtrend.

Refer to time – price cycle noted on chart April 5, 2018 at 08:00:00 AM – expect volatility leading in to and out of that date.

Part One of Post:


$MOMO 38.75 Full Extension Price Target on Bullish Channel Break by curtmelonopoly on TradingView.com

News: Momo Inc. acquires ‘Chinese Tinder’

Price Targets:

1. First target hit at 33.64, currently up 8.09% in premarket on news (see above).

2. Next target at 35.40.

3. Full extension price target at 38.75.

Did you find value in this setup? Our Swing Trading Newsletter Service is only $1.99 for the first month ($119/mo. thereafter). Click here to learn more