$AAPL 3 Day Chart - Nice move from the 385 level, that I tweeted about last week. It is currently above 400 which on a short term basis, correspond to the 38.2% Fibonacci Level. So as long as it stays above 400.90, it is a good long.
$AMRN 4 Hour - I want to see if it can reach 7.37 before I can take it.
$ARMH Hourly Chart - That is a huge gap, If it can hold above 43.40, I do believe it is poised to make new highs. If it can't hold, this will be a nice short.
$MCGC Daily chart - Hold that 5.08, and it is a nice long.
$NFLX 2 Day Chart - Very impressive move, I will be watching to see if it can hold 209, and make new highs. If not, it will be a nice short, good for 20 points.
$NXPI 15 min chart - Nice gap, I will be watching for 26.75 to hold, before making a move.
$SCMP Daily chart - Opening right under the 78.6% Fibonacci level. I am not convinced, I think it drops back down.
$VECO Daily chart - Another monster move to the upside, The next Fibonacci level above the current pre-market is 36.80, that is where I think it will go before it pullsback.
I partnered with SharePlanner.com to bring a new trading experience service.
Start Your Free 7-Day Trial Today!
Oscar (also known as Fuinhaz) has the rare skill of uses precision Fibonacci techniques for successful day-traidng. Oscar teams up with Ryan Mallory to provide the most vibrant and actionable trade alerts in the Splash Zone including providing readers with day-trading strategies and setups for readers to benefit from, as well as his daily SPY readings on market direction. More >>
Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!