Last month (April 18, see chart below), we called for a short-term buy on Rivian Automotive (RIVN) but expected one more pull-back before the absolute bottom: Since however the price broke above the 1D MA50 (blue trend-line) and closed a 1D candle above it too, we have to revise it and we consider April's low to be the bottom (Lower Lows trend-line) of the...
Yoshi appeared in AMEX:DNN at looks like it is prepared for big jump!
I am sure soon price will comeback to test this channel at least once, before going down even lower or after a trend reversal.
Bear flag showing here on spy and a few other indexes/ sector. This bear flag would be consider a handle for a inverted cup and handle. Smaller time frame looks like this spy And heres NQ We are headed back to bear flag support around 500.. from there we could either finish one more bounce higher 511-514 before finishing the leg down to 480 The bear...
There is a strong resistance above the price. Most likely will be rejected next week. If you have decided to trade this idea, you can enter now at 16,59 and target 11,48. Wish you good luck.
Buy Starbucks ladies and Gentleman. I have a couple good reasons to invest in Starbucks as I will be myself. 1. Starbucks Weekly and Monthly Bullish Triangle Formation, and Bullish Harmonic Bat Pattern We can see an (ABCDE) correction, and Starbucks has already popped 7 percent from this universal trendline. The Bat pattern on the weekly chart inside of this...
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.
Been watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy. Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on...
Microsoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud...
Looks like the early beginnings of an inverse H&S on the MSTR chart. Neckline around $1340. Will be watching for the breakout to confirm this pattern. Early targets: - $1480 - $1670 RSI trending up. Looks even better on the daily chart. With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
There’s a potential gap fill at the open on Monday below, but there’s also 2 gaps above current levels. A head and shoulders top breakout suggests the PTB are likely to quickly mount a pullback to pre Monday gap levels… with 20% short interest if enough retail players get onboard again we could see another round of squeeze and hedge fund blow ups. The falling...
This is my next "warren buffett" long play. Last play was NYSE:CVNA at around $70-80, now $120. Check my posts... The arguement for TSLA is; 1) Cult following (Apple, GameStop, etc) 2) First Mover Advantage 3) Cutting Costs via Automation/Layoffs 4) Elon (Jobs, Bezos, Gates, all CIA Assets via In-Q-Tel) 5) Supports Israel (CIA ;) ) 6) Financing ( 0%...
There exists a short term and long term bullish case for GameStop. Fuelled by the last short squeeze this company has a strong cash position thanks to investors buying up new share issues and is poised to begin turning a profit in its retail division thanks to store closures. Patience may be required to see these consolidations begin to take effect and the...
on the daily chart, HOOD witnessed a strong rebound after forming a new higher low at 16.22$, to violate the resistance level at 19.44$, after BofA double upgraded Robinhood (HOOD) to Buy from Underperform. then remaining above 19.44$, will push the stock to test the last major peak at 20.55$, which is the level that needs to be violated, to confirm the major...
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.
Canopy Growth Corp. engages in the production, distribution, and sale of cannabis and cannabinoid-based products for both adult-use and medical purposes. The firm operates through the following segments: Canada Cannabis, Rest-of-world Cannabis, Storz and Bickel, BioSteel, This Works, and Other. The Canada Cannabis segment includes the production, distribution, and...
Faraday Future Intelligent Electric ( NASDAQ:FFIE ) has experienced a significant increase in its stock price, jumping 67% in premarket trading on Friday, following a 479% surge on Thursday. The EV stock is now trading at $1.70, the highest return for any stock listed on the New York Stock Exchange or Nasdaq. The market cap on NASDAQ:FFIE is now up to $70M,...
In todays video I show you guys how I screen for stocks with a bullish swing trade timeframe. Hope you enjoyed