Unicorn members please see Video Section for these tickers.
MO
Potential 1-2-2u. I like this ticker for a potential upside and downside play, this ticker will pay no matter the market condition. Market up, it will trigger up, Market down, it will trigger down. Here is how!
MO Closed at $46.45, monthly .50 retest level with a weekly reversal pattern off the bottom of the weekly BF. The Weekly trigger price target is $46.97, a rejection out that zone sends this ticker in back down being that we already have a 2down trigger on the month. However if this ticker can hold above $46.97, I anticipate it to hit price target $47.37. $47.37 is the true break level for that 6m 3-2-2up trigger. Needless to say, we will be rollin this ticker week after week due to the potential.
- If the market looks strong on open $46.29 would be the daily buy in zone for a Continuation up potentially triggering the weekly 122. The weekly Price target of $46.97 is the area to watch closely.
- Due to the weekly trigger and PT being the monthly active 2d trigger retest, we want to take profits and watch price action here. If we get over that level, then take the actionable signal up to next PT at $47.37
- The tricky thing about this ticker is it if we break $47.37 we are fully triggering that 6month 322 which will make this month an outside bar.
- Safest unsure way is to either take the break of $47.37 or play the rejection reversal pattern out the monthly retest zone $46.88.
- See video for a more detail explanation.
MRO
Oh I really like this one, we triggered the monthly 2d with no retest and a weekly potential reversal pattern 1-2-2U
This ticker looks to fully test the monthly .50/.618, why? because it bounced off the bullish Yearly .50 and closed within a weekly BF.
- Look to get a position at the ideal buy zone $25.89, don't try to be perfect with entries.
- Or buy at the break of $27.07
- Price targets are weekly trigger $27.07 $27.94 $$28.55
The reason I have $28.55 as a final target is because I cannot ignore that quarterly inverted hammer, so if this ticker once to continue up we need to break over this level and hold. All patterns are in continuation up patterns, so we playing the weekly actionable signal and taking advantage of the retest levels.
NVDA
Everybody knows NVDA is my baby lol. Potential 2-1-2U on the week and still inside on the month.
This ticker can literally do whatever it wants and very much giving outside bar vibes, however none the less I still anticipate the upside targets to hit even if it triggered 2d on the week.
- Your easiest entry is a break of $148.99, look for any signs of volume or momentum out this level and we are off to the price targets.
- Price Targets $151.00 $156.67 $157.43 $160.42
- If Market looks week then turn your attention to the potential monthly 2down trigger at $138.84 a break and hold below that level sends NVDA to the bottom of the BF
ETSY ROLLOVER play
The Potential 22Reversal Up we were expecting last week is now in play this week, we got the monthly 2d trigger. Now itβs time to play it up to retest and grab our potential put position for the monthly idea. Please see last weeks idea on this ticker for more insight!
ETSY keeping with the theme from last week, we can take advantage of the monthly .50 retest and also look to grab our put position.
- Ticker is in a good spot to buy in at open, invalidated if gap up. Look for retrace to enter if gap up.
- Price target is $126.49 $130.20
- Due to this being a rollover, I am not going in much detail see last week notes