TGT - Gaps to Fill Down - Earnings Miss - Trade Cautiously
Waiting for confirmation break of white trendline to enter bearish.
Trade Entry
Will update with specifics once trend breaks.
Chart Details
Earnings miss on TGT caused gap down, almost filling top gap in chart.
Other large gaps down to $73.
Bearish EMA cross and bearish 10WeekMA price cross, but price still in “fakeout channel”.
Must confirm break of channel to indicate entry for downtrend.
About Me
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Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, SHAK Bullish, MCD Bullish, LEVI Bullish
Trade Entry
Will update with specifics once trend breaks.
Chart Details
Earnings miss on TGT caused gap down, almost filling top gap in chart.
Other large gaps down to $73.
Bearish EMA cross and bearish 10WeekMA price cross, but price still in “fakeout channel”.
Must confirm break of channel to indicate entry for downtrend.
About Me
2 WEEK FREE TRIAL MEMBERSHIP UNTIL 2/15/2020
www.moneypatterns.com/
Options Strategies, Video Technical Analysis, Daily Updates, Subscription Memberships, Equities & Crypto, Weekly Breakdowns, Charting Service, & More in Members Area!
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, SHAK Bullish, MCD Bullish, LEVI Bullish