MONDAY: JD
TUESDAY: NIO, WMT, HD
WEDNESDAY: NVDA, TGT, LOW
Views from multiple time frames with Weekly Technicals
JD
JD still needs that 100 print for psychological reasons with this 2 fibs up there @ 98.03 – 101.11 before last week’s gap can be looked towards and then that 70 – 68
NIO (covered in so many ways Friday, but still never oversold the 1Hr)
WMT
Weekly showing negative divergences with that 200.0 fib already shoved up to @ 154.06 with a good strong 135 base formed now to protect the dip to 125
HD
Printed 299 on Monday which hints psychological 300 is still due.
The Fibonacci ping-pong between the 200.0 and 161.8 are forming sell signals on the Daily with BULLS needing to defend 250-240
NVDA
Got that 600 print Monday pre-market
So you see where that 589 comes from that I’ve table pounded long exit – SHORT a few times with, there’s still lots of protection above 500 and more @ 480-475 holding this 9000% gainer from 2009 up
TGT
Throw darts at this or burn it @bvwakefield as it protects that -150 zone to avoid that gap from JUL
LOW
Rolled over SELL SIGNAL Weekly like HD, would love a short entry above that 168 for 140 in Q1 2021, but for now 152 is legit support. Didn’t draw it, but you could see there a drop to 140 just touching that RESISTANCE CHANNEL TOP from 2018 – 2019 – Covid
I’m not in any of these, but will gladly play the after earnings if the setup is primed. With them all in the 1st half of the week, some good credit there to be collected on NOV 20 CALL SPREADS – especially if we can get the OPEX PATTERN to throw in a blow off Monday like last week