RECAP VIDEO
Unicorn members please see Video Section for these tickers.
ETSY
Potential 22Reversal Up however this ticker will be one we will roll over as well, due to it being a Monthly play idea. See Monthly ideas for this ticker play idea, okay lets focus on the weekly.
ETSY Closed at $119.78, if this ticker can hold $122.17, I anticipate it to retest the monthly .50 at $130.20.
- Look for ticker to build over $122.17 and hold with a bullish daily pattern. So if ETSY can close Tuesday green, that would be a good sign of reversal on the daily which in turns triggers the weekly 22 Reversal up
- The tricky thing about this ticker is it can also reject that $122.17 level and come down to retest that $114.89, $108.36. That is the ideal move we want to catch however we want a good entry to do so.
- See video for a more detail explanation and go with your gut.
MSFT
We bringing this ticker back out to play, please note that this ticker is also in my TOP 10 tickers to play for the year. However here we will just focus on the weekly with the potential 2-1-2u. I don't like playing inside bars because a 3bar is easily created after them(price fake outs). Im good at recognizing them, so you’re in good hands lol.
Lets break MSFT down, you can also see me speak out this ticker in last year weekly reports
- If this ticker can hold $234.64, it can push up to targets $244.63 & $248.89
- Ultimately I am slightly bearish on this stock, so if it does not hold $231.48, then grab your put position. Dont buy it early though and here's why?
- This ticker can trigger that monthly 322 and bounce immediately if that upside target isn't test before trigger. The monthly price action is giving me bounce vibes and i’ll explain why in the video.
ARW
Potential 2-1-2Up on the weekly is highly likely, once this ticker breaks $106.64 it will look to fill that wick on 12/12(which is also untested)
The daily is in a consolidation and holding nicely, however it does have mother bar issues. SO with that being said, this ticker will require patience. If you can get a position at $103.09 and keep on watch, as long as that level holds it will push up to trigger weekly 212 & the two week 322.
- Look for price to hold $103.09, potentially creating a 1-2-2u for Wednesday
- If price triggers up out the gate then a potential 1-2-2d can form for Wednesday
- Upside targets are $108.64, $107.96
