ImmaBruin

ImmaBruin

Analyst average price target as of April 1/2024 was $280 Falling wedge? Support around 207 and more at 200 Looking to enter around 207 for a swing trade.

ImmaBruin

Bullish long term. See whole market pullback this week to reset for next leg higher. But with that I think this cold pull back to $148 area where there is strong support. From there I expect to go higher RSI over 70 MACD reversing

ImmaBruin

MACD showing signs of reversal to negative RSI at 56 - nothing to note here Inverse head and shoulders looks to be forming. Could be good to get in around $90. Looking at selling the $90 PUT

ImmaBruin

Sitting right near two support levels $47 and then $45.75. 18% to reach first level of resistance and 26% to reach the second level of resistance. RSI is low 40s at this time. At time of writing it is a day after the ex-dividend date (0.25c/share). Will look to add first at $47, then $45.75 if drop continues. Need to research how involved they truly are in...

ImmaBruin

Big green day. Hitting resistance at $117 area. Could push to $121 before pulling back but I believe it will retest the $110 area before exploding higher. With that I sell at $117 with aspirations to capture in the $110 area for the next rally upwards. This saves me $7 per share if it retraces compared to the $4 per share potential gain. I believe here the...

ImmaBruin

A company that I have always liked but has always been too expensive for me. Just posted a blowout earnings and it is being killed with the market. The price analysts have put it over $400. But as I have learned do not try and catch a falling knife. I am looking between the $230-260 area to add. As you can see the 50SMA is also acting as a resistance line as...

ImmaBruin

What will happen? Apple is trading right on support. If it does not hold the support then it would trend down to 157ish. If it does hold the support then it could head to 176ish. Apple additionally just went below the 50 SMA meaning it is bearish. Prior to reaching 157 AAPL would need to traverse the 100 SMA. So that would need to be taken into account. Going...

ImmaBruin

Earnings coming up. Seems to be consolidating. Some good questions posted on Robinhood for earnings call; and interested in the way in which they address the questions I do like the company. I like what they stand for, where a portion of your payments is donated. I like their idea of using AI and ML to address insurance. How do they make money? Why is there no...

ImmaBruin

Stock is in support/buy zone. There is resistance at 35ish. There is also a crossing over of the 100 SMA with 50 SMA meaning there is bearish sentiment. Right now I would play this by selling put options around the support/resistance line. I would not mind being assigned the shares. The company is legit as it has many of the top exe from tesla and other...

ImmaBruin

With previous resistance at the 3200 area we are approaching again. Looking for signs of reversal to down side such as rounding top, head and shoulders, or double top. Right now I see a double top likely forming. I am looking to enter into a short soon, possibly next week. Further reasoning: 1. On the daily time frame 50 SMA is proving to be a resistance and was...