$UBER Multi-year trendline failed on rising volume.
But this could be the most bullish signal for this stock.
IF we see a reclaim of the trendline which aligns importantly with a clear liquidity level - It would be a gift.
$64 is an important reaction level and with earnings coming up, anything can happen, very quickly.
$IBM Looking for one of two scenarios to enter a long here.
A) Consolidation in this range and $241 to hold.
Will enter on a break above $247 in a few weeks if it hangs out up here.
B) Pullback to $232 demand/buying trend & LTF liquidity grab down there.
Will enter on grab and seller failure
Need to hold $215 to stay bullish
$BSX Still not convinced. But maybe earnings reaction this week will change that.
Still watching the low $50's for a short through the $42 level. I personally want to go long in the $30's if it's offered
$MCD Entered short-term position here yesterday.
I have a feeling i'll be taking profit and reloading again for a HTF play when the time comes.
It is Mickie Dee's after all!
$MCD Very attractive setup in my playbook.
Reclaiming HTF breakdown level after finding HTF demand.
Volume very supportive
LTF/HTF Structure alignment (LTF Cup & selling trendline)
Clear trade Entry/TP/Stop on the $246 retest.
$QXO Haven't posted or really looked at QXO in a while as it's been all down hill since April.
We're at all-time lows but worth keeping an eye on as volume is starting to slow and we're seeing divergence on the daily RSI.
Very correlated to the macro housing environment/rates specifically so don't see it running too hard just yet. But when things clear up, this is my #1 pick to triple+ from current prices.
$CRM Holding up beautifully with time to earnings.
After the August earnings gap-up, we retraced on low volume and, very bullishly, held the gap while performing one of my favorites - the "X' factor (made up - but essentially falling out of a bullish trend and then gapping up back into the bullish trend while at the same time out of a selling tend).
Expecting this to make a fast run any day now toward $300