- Weekly Trade Ideas
Salesforce.com ($Salesforce(CRM)$)
The weekly chart is currently closed near crucial support. Watch for a potential bounce or breakdown below.
Recently, it has been on a downtrend but momentum seems to be stopping and has the potential for a short-term bounce.
If breakthrough 286.91, my targets are 289.05, 291.02, 292.31.
If fall beyond 282.30, my targets are 280.24, 277.66, 275.90.
Meta Platforms ($Meta Platforms(FB)$)
A big rejection last week brings this back to the range. Look out for potential weekly rising wedge breakout.
In the daily chart, the price breakdown from the rising channel, retested and continued falling.
If breakthrough 335.80, my targets are 337.75, 341.06.
If fall beyond 331.81, my targets are 329.40, 325.51.
Square ($Square, Inc(SQ)$)
Double tops can be seen on the weekly chart. Bearish trend. Watch for continuation or reversal.
It's been trading in a range past few trading days and a breakout at either side may see a big move in price.
If breakthrough 217.10, my targets are 218.78, 222.83.
If fall beyond 209.86, my targets are 205.28, 203.62, 201.15.
Set stop-loss according to your risk appetite if you like my ideas and choose to take the triggers. Take profits early if low volume or the price action does not look good.
Disclaimer: The levels given are my own opinions and not investment advice. If you choose to follow the trade, do note that you are responsible for your own money. Prioritise your own risk management, expel emotions & focus on your trading plan.[暗中观察]
Intraday trade strategy/guide:
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