Merry Christmas, Happy Hanukkah, Blessed Chinese New Year or just plain ole’ happy holidays in case I missed your holiday tradition this time of year.

The holidays mean a lot of different things to different people. For me,  the holidays typically represent a rougher time period as I do not like being separated from my immediate family. It is something that even after 30 years, I still have not grown accustomed to. I especially miss being a proper uncle to my nieces and nephews.

Regardless of your tradition, just lean over and give your wife, husband, significant other and kids a big hug. Tell your family how much you love them. Enjoy every meal with them like it is your last.

With my emotional speech over, let’s see if the next handful of charts can bring holiday cheer to anyone….I am going to take a look at a handful of different charts, including the following ticker symbols: AAPL, FB, IAG, MU & TSRO.

This update will show a handful of different stocks from various technical analysis perspectives. Is it time to start locking in gains from the Trump Rally as your Christmas gifts? I’m sure each chart has its own Christmas story to tell.

Apple (AAPL)

This 5 year weekly chart for Apple (AAPL) suggests that a pullback to the $110 area looks probable over the next couple of weeks leading up to its next earnings report. I may consider selling 1/2 of my shares into any strength in the coming week if the Santa rally arrives and pushes stocks up into the new year.

This 5 year weekly chart for Apple (AAPL) Indicates a Pullback After Failing to Re-Capture Its Short-Term Trendline Back

If I do sell some shares this week, I will be watching the $110, $104 and $100 areas as possible areas to repurchase my sold shares. This trade anticipates a pullback in AAPL’s share price leading up to its earnings report at the end of January 2017. I will most likely be repurchasing and sold shares before AAPL has its next earnings report.

So I hope to sell next week into any strength, then repurchase shares on a pullback before earnings. Let’s see how well I can execute this trade opportunity.

Facebook (FB)

This 5 year monthly candlestick chart for Facebook (FB) shows that it developed a Bearish Engulfing candlestick pattern in November 2016 and is forming a Doji candlestick so far in December.

Analyzing Candlestick Patterns on Facebook’s (FB) 5 Year Monthly Chart

With Facebook’s (FB) Bearish Engulfing candlestick pattern that developed in November 2016 with selling volume that was greater than the preceding month’s total volume, that leads me to believe that FB’s share price is ready for a longer consolidation period.

If Facebook’s share price does not close its earnings gap-down in this next week, the probability for a downwards move in the channel is greatly increased. A risk to reward ratio of approximately 1:1 is not favorable for an investment. That is currently what FB’s ratio is.

I Am Gold (IAG)

This is a 5 year monthly chart for I Am Gold (IAG). The Fibonacci Retracement Tool placed on the previous downtrend is one method to calculate an upside target price. For IAG, look for a potential move towards the 38.2% Retracement Line, or the $7.16 mark.

But before we start analyzing upside price targets, it is important to monitor the current downtrend and try to get in at the best prices possible. This will most definitely require a scale-in strategy for the best results.

Analyzing Upside Price Targets for I Am Gold (IAG) Once Its Share Price Completes Its Current Downtrend

In my previous bearish updates for IAG, I had always been looking for a pullback to the $2.50 area. Don’t discount the chance of a full 100% Retracement though. The lower you can buy into this downtrend, the higher the potential reward is for the next uptrend.

I will be analyzing daily and weekly chart for IAG looking for possible entry points and will keep you  apprised of any change in my findings. For now, start watching for potential reversal signs below the $3 mark and closer to the $2.50 area. A failure of the $2.50 area to hold means a probable full retracement back towards the previous low of $1.15.

Micron Technologies (MU)

Micron Technologies (MU) has seen some very bullish price action recently, leading up to and after earnings. This 5 year monthly candlestick chart for MU suggests one of 2 next moves for its share price.

Analyzing Longer-Term Upside Price Targets on Micron Technology’s (MU) Chart Using a Fibonacci Extension Tool

Scenario #1 is to hit the $25 mark by the end of December and then start a short-term consolidation period with possible pullback to the $18 area. This scenario could play out if the Trump rally starts to fade in January and the market starts to pullback. Based on the bullishness of MU’s chart, consider any pullback in January 2017 to be a late Christmas gift.

Scenario #2 is to hit the $25 mark by the end of December and then gap-up in January and continue racing towards the $30 mark before any meaningful pullback or consolidation.

Matter of fact, how MU’s share price reacts over the next couple of weeks can hint a lot about the next several months. Strong price action around the 50% Target Line from the Fibonacci Extension Tool and you can expect grand things from MU’s share price over the next couple of months. Failure around the 50% Target Line could lead to a consolidation period until its next earnings report.

Tesaro (TSRO)

The biotechnology sector has been limping around, battered and bruised by texts and tweets. During this time period, Tesaro (TSRO) has been bouncing around and developing a Triangle chart pattern.

Tesaro (TSRO) Analyzing Upside Potential

When breaking out from a Triangle chart pattern like Tesaro appears to be, the upside price targets are based on the widest part of the Triangle. This calculated to a potential $163 upside price target that was previous discussed in the Idea Chamber for Tesaro.

Locking in gains above the $160 area appears prudent. Shares sold at $160 and above should look to be repurchased back at the $123 level where the consolidation for the Triangle chart pattern took place.