Felt an urge to publish this one; very clean wave pattern. The only problem is that wave 3 should not be the shortest wave and this appears to be the case within wave 5. Make of this what you will but I am prepared to put it aside. Swing trade target is $3 for me. Longer-term, probably a 10x from here to $13...
This Bloomberg Technology video discusses Nvidia's positive earnings report and the reasons behind the company's strong performance. The video also talks about potential challenges Nvidia faces in the future, including geopolitical issues and the environmental impact of its products. Nvidia Exceeds Revenue Growth Expectations The video starts with analysts...
Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...
Gold Futures Footprint Analysis on the H4 Timeframe reveals an intriguing market dynamic. Monday's opening saw a bearish candle, characterized by a spike that retraced to the previous Point of Control (POC) volume of the preceding candle. This retracement occurred concurrently with a block of previous bullish orders (513+535), suggesting a potential area of...
NASDAQ:ABUS - I wouldnt be surprised for a jump Supported by fundamentals parameters Good luck
Overview MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) has recently demonstrated a notable upward momentum, indicating potential bullish activity. The stock price has surged by 31.45%, closing at $0.8610. This analysis will delve into various technical indicators, price action, and patterns to offer a comprehensive outlook, including speculative price targets and...
On the chart it's gone up 7 points in 7 weeks or 49 days. After rising for 14 days. A possible delay to June is something to consider.
#platinum reversing at first touch of a 16 year downtrend line. I didn't see it until today, so now I know that this is the prevailing breakout line on the weekly chart. I've drawn a small projection just to better illustrate where I think next resist/supports are, and not for timing.
AMEX:XBI Firstly, I may have an unhealthy attraction to this ETF. I have been in and out of this ETF a number of times over the last few months and overall, just a few $ profit. Having said that this has been basing Since January 2022. The longer the base the bigger the break, or so the Wall Street Axiom goes. It did breakout in February 2024 and quickly failed...
NYSE:CRGY - Weekly Momentum MIGHT keep up Looks like trend line will be broken for good ... good luck
The semiconductor sector is seeing incredible strength today and it looks poised to continue. Tech and Nasdaq may still be preferred even if we see TVC:DXY rise off the lows. Best of luck traders!
Please read descriptions in chart on analysis. overall, not much news this week, just FED speak and NVDA earnings plus Memorial day next week so we can have a choppy week awaiting next week's data
NASDAQ:NFLX Thesis- Netflix was trading in a 6 day range below a key resistance level. Friday it appeared to attempt to breakout. Today I was willing to take NFLX calls at 620.84 and adding to my position at 622.99. I was extremely confident that above 623 we would trade up to 630 and 633.54. Entry- I entered on the 5m higher low at 950ET. This was a high...
The communications sector is seeing incredible strength with NFLX making strong moves on the day. We see this and the broader tech, Nasdaq areas of the market moving higher as well. Good luck traders
NASDAQ:SOFI is now trading sideways within a channel as depicted on the daily chart shown here. The yellow line shows a strong line of support that has been resistance in the past. Overall im bullish but confirmation has not yet been set. This is a great stock to add to your watchlist. If there is a breakout the % return might be huge
Inverted Head and shoulders with strong breakout , increase in volume noticed with positive divergence on RSI
Shah Capital has announced the withdrawal of its campaign against the re-election of three directors on Novavax's board following the COVID-19 vaccine maker's licensing deal with Sanofi. The deal, signed on May 10, entails Sanofi taking a 4.9% stake in Novavax for $70 million at a substantial valuation, including an upfront cash payment of $500 million and future...