Took me 10 years & a half to find a chart I could see a realistic outcome going into earnings. Hella frustrating - even more so because some (what looked to be) decent setups ended up getting destroyed come earnings. Regardless, this is a real particular type of short play to me just because of how reliable it's proven itself to be. Last ER play that sticks out to me w/ same pattern (
FDS) - couldn't have played out better. 55 low MA (white) w/ issues of gaining traction above 180WMA - red flag. The curve is really the outlier for a target, just because it's more of a dip you can call if you know how to call the top before it. I usually like to see price right below 271% fib, & regardless of if it's in middle of 271%-314%, the 20EMA above 223% fib is / should be the short entry point. Any move above the 314% fib would obviously be a stop, but I think $W &
AMZN are the only tickers I've seen this setup on before that've gone above & beyond that point (let alone had it been upcoming earnings). If anything, my original idea on
FDS was based on the white curve forming a pocket (how it typically does for a dip) @ or right around where dip should / would end up. In this case, the 55 rejection of 180 WMA may / may not be something more than a dip.
Comparison patterns :
FDS,
WLK,
BABA,
BIDU,
FANG,
TECL,
CA
More than a dip Comparisons :
FDX,
DQ,

Comparison patterns :
More than a dip Comparisons :

Not
Hate how it doesn't post the actual link. İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.