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live: stocks forming theory chart patterns


Rishabh Tyagi

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26 (Tue) Sep (C, MSFT, AAPL, MRVL, DIS)

C tried to recover after hitting the swing support around $40 on 12th Sep, but failed to sustain. The price it back at the support. If the level is broken it can decline more. 

https://www.tradingview.com/x/xxdOuL05/ 

MSFT back at the 313 support. It has failed to sustain. Looking bearish.  The next support is at $295. 

https://www.tradingview.com/x/qPwx2WIB/ 

AAPL, MRVL, and DIS are also looking weak. 

https://www.tradingview.com/x/A8ZJQYBS/ 

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(pre-market) 4 (Thu), May: Yesterday, SBUX has trapped many buyers/longs. The more it fails to recover the gap, and sustain current levels, we will see more shorts buildup in the stock, leading to a potential decline. The next swing support is near $97.

Learn more about gaps: https://www.asktraders.com/learn-to-trade/trading-strategies/gap-trading/

 

image.thumb.png.d06274e164f2651c54af4ea06258fdb5.png

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09 (Tue) May  (PLUG, GDX, ABNB)

PLUG has broken current support level. Heading towards all-time lows. Short any rise in the stock. 

snrhrotc

 

GDX is failing to sustain the price near resistance. We can see sellers taking over. Next support is at $33, and then $26.

5fDCM95f

 

ABNB has formed a reversal doji candle near resistance level - $130. 

L27GQNu1

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11 (Thu) May  (TQQQ, AAPl, Dis)

TQQQ has given a breakout. 

TXOoynFn

AAPL chart analysis. The stock is trading near highs, with strength. The price has been trading in the range for 4 days. On 4th May it trapped many sellers with a sustaining gap-up. If the price gives a breakout, it can make new highs. Wait for it to break the current trading range. 

eXCVnEMV

Bearish breakout in DIS. Next strong support at $84.

Rm6cxakd

 

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