My Level: Long off $94.60
Why: Annual pivot and Previous low
Provided nice opportunity last time when it came off annual pivot, so looking for the same this time. Maybe make a double bottom and push back up
My Level: Long off $101.25
Why: Prior Quarterly pivot & 65% Fibonacci retrace level
Had a really strong day today, closed on highs. Watching it off 100 for a few days or so, if market shows some strength tomorrow I think $AMD might be good for a join around that $101 level
My Level: Long off $130 & $129
Why: $130 is Prior monthly and you have a monthly pivot and quarterly around $129
When this stock was down around $125, I told how ridiculously oversold the name is, was on my #midweekwatch few weeks back. Want to see the action on it tomorrow, stayed really heavy all day. Hoping for a continuation tomorrow. Doesn’t mean it cannot...
My Level: Long off $125.30
Why: Previous low, 200D & Annual Pivot
This name is little bit oversold. You can see 200D is at $125.30 and Annual pivot is at $125.15
Long off $21.10
Why: Previous low, Quarterly pivot and 50D SMA
comments: Macy's is an interesting name, has a nice trend on the daily which lines up with my level if you draw a trendline. Been pretty strong since earnings, now pulled back a little. What im looking for is a higher low off this level
My Level: Long off $164.40
Why: Previous low, closed above 50D SMA and has a higher low on the daily
It has based around 155s area and made a nice higher low off 50D SMA
My Level: Long off $102
Why: Previous lows, 200D SMA, Monthly & Quarterly pivot
Closed above the 50D SMA. I don’t know if the market is gonna gap up or down tomorrow. I want to be prepared if it comes into 200D SMA, I wanna be live there
My Level: Long off $40.45
Why: Quarterly pivot, 50% retrace from today’s action and 50D SMA
Looking for little bit of retrace, closed on highs. If it clears $41 can head into the next consolidation area around mid $42s. Not a huge ATR, but could provide a nice opportunity
