Cheesy-Bean_and_Rice-Burrito

Cheesy-Bean_and_Rice-Burrito

channel on daily, weekly has massive trendline break with consolidation this thing can always run because of the high short interest. r/r looks okay here for a move back to blue line, but could also get a lot more silly with upside

Cheesy-Bean_and_Rice-Burrito

Covid cases not hitting peak yet... long multi year downtrend. Getting some upside lately. Decent r/r .. risking a bit over a dollar to see if it gets back to test that $30 mark

Cheesy-Bean_and_Rice-Burrito

bounce, into 50.51 stop losses took out daily lows, ez liquid is to upside on short stops triggerdd

Cheesy-Bean_and_Rice-Burrito Updated 

Still heavily shorted, fundamentals aren't playing a role in this moving currently. Chart beaten up heavy and volatile. Still has room to go up if it squeezes again. Fib extension for target areas. Small size, wider stop.

Cheesy-Bean_and_Rice-Burrito

Looking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from. Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's. I'm long at 0.775

Cheesy-Bean_and_Rice-Burrito Updated 

Here's a 30m chart to highlight detail of the inverse head and shoulders built on CRWD. Green line weekly support goes back to the lows of August 2020. Purple box is a large daily gap left from late last year up to $138 area. If looking from peak to trough of the head and shoulders, it's roughly $16 from neckline to low of the head, in a breakout of neckline it...

Cheesy-Bean_and_Rice-Burrito

Long channeling wedge with a technical breakout and 38% short float, this might start getting some legs towards that $25 POC from the previous 6 months. Starting to see covering in some of these highly shorted stocks that had fallen dramatically over the last year and a half. Long UPST since early this morning.

Cheesy-Bean_and_Rice-Burrito

VERU has a huge volume gap, 23% short float, cup and handle on the daily, with earnings coming up within 3 weeks. Might see some covering going into earnings.

Cheesy-Bean_and_Rice-Burrito

If looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher. In recent days I've noticed some unusual options activity in a...

Cheesy-Bean_and_Rice-Burrito Updated 

Boeing is at the bottom of 2021's value range, with 2021's POC just above that. Just outside last year's value range and well above the POC. Weekly RSI is showing just about 70 (overbought) mixed with price close to touching the upper Kelt channel. I'm short a small amount of BA and looking for a retest of last year's value range of around 185-187.

Cheesy-Bean_and_Rice-Burrito

Specifically looking at yellow here, although purple, larger pattern in the making may play out as well with a large rally into the end of the year. With media barking about how September is such a poor month for stocks + a lot now baked in post-Jackson hole meeting, I could see a large rally begin soon into SPY 420ish (5.82% move roughly). Potential of a higher...

Cheesy-Bean_and_Rice-Burrito Updated 

Been bearish on the market since the beginning of the year. Not sure it slows down here anytime soon. Could continue to chop but still see downside ahead over next 6 months.

Cheesy-Bean_and_Rice-Burrito

Bearish on MRNA, though earnings are always a toss up. If we see a breakout to upside, I believe it's a good short opportunity. Earnings may just flop, and it finds itself testing neckline of weekly H&S, sloppy looking one at that. Notable areas that could see short term reversals and/or support... $102, 95, 88, 75

Cheesy-Bean_and_Rice-Burrito

There's plenty of research that can be done on why I am fundamentally holding this long term. It's getting into zones I am comfortable adding to the position. There are outside forces that have kept this stock beaten down for many years as they are the major big tobacco killer, as a micro-cap. My outlook is that when the switch flips and tides turn, this stock can...

Cheesy-Bean_and_Rice-Burrito Updated 

Small hourly bullish momo divergence, could be small move higher into recent resistance or turn into breakout on larger timeframe. 6-10 candles to play out typically, move higher can be short lived.

Cheesy-Bean_and_Rice-Burrito

Hourly chart, forming a W for the time coming off the 30k level. (a) We have hourly W top test into lows from January resistance, having just broke it 2 days ago as support. (b) Break down on hourly and retest trendline double low, break that and we are headed for MAJOR WEEKLY technical level. (c) W plays out and breaks out above January lows, likely if it...

Cheesy-Bean_and_Rice-Burrito

Bull flag on weekly, but I have my doubts this breaks out unless entire crypto market pivots. Could be merely a technical bounce here both on previous top from last May + bottom of weekly descending wedge. There's decent r/r on a bounce attempt for $100 which is a psychological level as well as where there was indecision (doji) 3 weeks ago. Scenarios I see from...

Cheesy-Bean_and_Rice-Burrito Updated 

HYPE rally, only use for APE as of now is land, land gets sold out, nobody needs APE for time being, huge correction Big pennant, into a rising wedge. High valuation, lots of FOMO, even for those who can't afford the land.