We LOST the orange EMA as support and now it will act as resistance in the short term. It will be an important key indicator if we are planning to flip the trend and go bullish. BUT this is a BEARISH signal as of now.... I will continue to hold swing puts on this and NVIDIA as I can smell weakness and war regarding Taiwan.
If small cap stocks ACTUALLY start to pop, pay attention to medium to larger named small caps since money is still needing some security. This one is breaking a long term down trend with a huge move and good news. $2.77!
Be patient as it may need to consolidate more before it rockets. Small caps will go flying soon and its going to be crazy. Be on the look out for entries near my purple lines!!!!
AMC will follow GME, if you look at the larger time frame it is setting up a LARGE move. Its exhausted to the down side, taking profit at 50% stock gain. wont do options.
Volume profile levels are telling me we can see a 30%+ run to demand zones. Watch out for stop orders getting crushed on a possible gap downs before the pump. But this break could start a little run to my lines.
This is shaping up to be the biggest distrust in long term lending in the United States in history. As we all know the yield curve is highly inverted and its always a great indicator that short term lending is encouraged more then long. Cant wait to see the short term bag holders that did the minimum down payment HAHAHHAA
Its clearly setting up for ATH and a push higher if everything goes accordingly. What I am looking for is the DXY to push above 105 again and the VIX to start pumping, if these dont happen tomorrow after earnings then we are set up to rally until July - October. I can see a pump until election time playing out, volatility is about to pick up big time within the...
I know my charts are not pretty and I look pretty stupid a lot of the times. BUT. I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings. Meaning... if SMCI follows the cycle we will see a huge dump before the...
Just like META and other huge runners. AI bubble is about to burst and my main signal for this is GME and AMC / small cap rallying this hard. It signals a top in each market, soon or later it drops. Tanks before earnings = Buy Flat Line and/ or goes up = Sell and swing puts down to my levels
This companies market cap was squeezed dry. Watch tomorrows earnings for a quick 100% gainer
Small cap stocks will rocket and big cap will go sideways or down. Buy as many small cap setups like this as they are bound to pop. This stocks market cap is 400M.... THERE REVENUE IS 400M!!!!!!!
The crossing of the 55 and 600 Day MA means a bullish change in small cap stocks. If large caps have strong earnings moving forward, I think small cap will follow and break this capitulation. From 175-190$ I will be buying for long term.
EBS has THE main stream Narcan that dominates the market. With increasing over doses though out America. Earnings could make this move like crazyyyyyyyy. If it is not this earnings then it is next, this stock can pop 50-100% in one day. Its a scalp trade.
Gather around the camp fire and lets forgive healthcare and biotech this year... and the last. This year its different, I want to see the rotation in over valuing vaccine stocks again.
Now, I am wishy washy with when I use technical and fundamental's to back my thesis up. This is a technical thesis that has nothing to so with the company, but everything to do with human behavior. Over stretched and weaknesses are showing, TAKE ADVANTAGE. Lastly, you may looks at my ideas and thing "he has no clue what he is talking about", my arrows and...
Bounced off the moving averages and breathe increased largely. I see Nike and this stock bottoming soon and also moving sideways for years to come. Not a lot of growth in the future as my generation moves away from big named brands.
We go to 800 but not before we test the lower trend line. This stock has so much potential and I will wait to see how price forms
I play all my picks off of structure and volume profiles. Structure is lacking and momentum is falling. Best case scenario is sideways