This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which...
My play on words... lol. I'm thinking with NVDA earnings next week we could go even higher. The last time SPY flew extra high was on NVDA earnings last quarter. Back to the chart, staying above the mid point of the channel is key. This weekly parallel channel provides the levels for the daily too.
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...
FVRR has been on a long term downtrend for sometime but that will change soon based on recent price data metrics and a strong QTR earnings call. This a perfect stock to seed if you're looking for Fundamentals + Technically ripe stock prospect. Based on recent long term data this is gradually shifting already and inching closer to breaking structure. Net volume...
If you haven`t sold AMC before the APE merger, after which it went down on share dilution: Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week, I would consider purchasing the 3.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.37. If these...
Hi traders, Focusing on Gilead Sciences, Inc. (ticker symbol: GILD), we can see that it has formed a falling wedge pattern over the past few weeks, indicating a potential bullish reversal. Despite recent challenges, there are compelling reasons to consider a long position in this stock. Gilead Sciences has been a key player in the pharmaceutical industry, known...
If you haven`t bought BABA before the previous earnings: Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.74. If these options prove to be profitable...
SBUX on a daily chart with two sets of VWAP bands anchored to dates back in one year ago and two years ago shows SBUX to be at the same price level as the low pivot of 2022. Price has bounced off the lower most of the VWAP bands and moved up in the past three trading days with higher than usual volume. I believe that short traders are buying to cover and...
Crown Electrokinetics Corp. focuses on commercializing electrokinetic technology for use in the smart glass market. The company offers electrokinetic film technology for smart or dynamic glass. It develops and sells optical switching films.
At one point this week, GameStop was up some 265% from Monday to Wednesday. That's 48 hours of trading, up 265%, and on rather large sums of volume at a $10+ billion market cap. This is real money, fast money and that's why it's hard to ignore such price action. While many traders made and lost money on this hype trade, there is one group that played it...
GameStop's stock ( NYSE:GME ) price dropped about 20% after a meme stock surge by investor Keith Gill. The company announced plans to sell new shares and lower its sales forecasts, causing the stock to fall back to Earth. GameStop ( NYSE:GME ) now expects first-quarter sales to range between $872 million to $892 million, significantly lower than the $1.24 billion...
ZOOM remains bearish. Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019. After that if we get bullish divergences, it may be the time to accumulate zoom stock. If we break below previous all time lows, new lows may be coming as the price will enter the discovery mode to the downside...
If you haven`t sold RUM before the previous earnings: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 7usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.22. If these options prove to be profitable prior to the earnings...
If you haven`t bought PSFE before the previous earnings: Then analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $1.42. If these options prove to be profitable prior to the...
SBUX of late has been in a descending channel and has sloped down heavily in April. It is now in deep undervalued and overbought territory at the bottom of the channel and above the 3rd lower VWAP band line. The RSI lines ( both faster and slower) are bearish as well. My trade plan is to watch Starbucks for a reversal which may be signaled by bullish...
J'anticipe un coup de bambou, sur cette banque et plus largement les banques régionales US.
J'anticipe un coup de bambou, sur cette banque et plus largement les banques régionales US.
J'anticipe un coup de bambou, sur cette banque et plus largement les banques régionales US.