Head and shoulders forming on NVDAThat's it, We have a classic head and shoulders pattern forming on NVDAShortby xanonymous0utlawx1
Trump Media Tumble After Ex-President Found Guilty in NYCTrump Media & Technology Group, ( DJ:DJT ) the owner of Truth Social, experienced a slump in shares after former President Donald Trump was found guilty in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. Trump Media's stock fell about 9% in after-hours trading on Thursday as news of the verdict emerged. The stock, which trades under the ticket symbol "DJT," has been extremely volatile since its debut in late March and has been prone to ricochet from highs to lows as small-pocketed investors attempt to catch an upward momentum swing at the right time. Trump Media ( DJ:DJT ) reported that it lost more than $300 million last quarter, according to its first earnings report as a publicly traded company. For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called Digital World Acquisition Corp. Trump Media & Technology ( DJ:DJT ) fired an auditor this month that federal regulators recently charged with "massive fraud." The media company dismissed BF Borgers as its independent public accounting firm on May 3, delaying the filing of its quarterly earnings report. Trump was charged with 34 counts of falsifying business records at his company in connection with an alleged scheme to hide potentially embarrassing stories about him during his 2016 Republican presidential election campaign. The almost 10% stock price drop amounts to a $330 million decline in the value of Trump's shares. Trump's net worth was $7.5 billion Friday morning, making him the 356th-richest person on the planet. A majority of Trump's fortune stems from his $5.6 billion stake in Trump Media, holdings that were worth $5.9 billion as of Thursday. Trump Media ( DJ:DJT ) went public in March via a reverse merger with a blank-check company after two years of regulatory and legal hiccups. In its two months on the public markets, Trump Media has performed shockingly well, with its after-hours share price still about 25% higher than its blank-check predecessor's stock traded at before the merger's completion. The stock is down from its All-time high of $80 now trading at $48.90 down by 5.5%.Shortby DEXWireNews2
Get ready to accumulate ADBEThis could be a good opportunity to scoop up more shares of ADOBE later this week/month. If it falls through the green bullish trend line and falls further south towards the support line between 258 to 278, that would be an attractive price that I would buy more. Longby dchua1969Updated 4415
Resistance Take Profit"NVDA stock seems to be on an upward trend with clear profit points if analyzed from resistance levels and signals sent from anticipated prices. With both anticipated price levels in mind, what strategies would you suggest?"Longby fame25333
Short BURUA short at 0.3056 to 0.2614 with the necessary risk management will bring a 14.44% returnShortby KyleUK1
Warner, let´s see this movie.This is not a trading idea, it is a long-term investment. Have this company's shares hit the bottom? Many analysts believe so, and so do I personally. Let's put some money into this stock and keep it in the drawer for 2-3 years.Longby SGsauragestion2
$AAL Generational buying opportunity?Just need to look at the chart. Looking at options the put wall Is at $10, so It's possible that it visits that price, but probably just to then bounce back. I'm going long at this price point, Will cost average More if It drops to $10. Longby devdalistudio1
META eyes on 489.05 into Earnings: Golden Genesis fib Top or NotThis is a follow-up to my Big PIcture calling for $489 (click) High Gravity fib has held us in orbit for 2 months. Just got a retest on the day of Earnings release. This could mark the top or start next leg today. Time of this post is BEFORE the release, chart will not show results until next day. . Here is my big picture: ================================================================================================by EuroMotifUpdated 7
MRNA Taking Profit, Watching for a add LONG after a pullback.MRNA has been on fire since the earnings beat 4 weeks ago and has added 60% to its market cap in the past three months. It compares well with NVAX which as a prior penny stock has more volatility and upside potential. In general vaccine stocks are performing well as COVID RSV and influenza vaccines are active in research are Viral Hepatitis vaccine enhancements and the drive for an HIV vaccine. MRNA is strong and perhaps becoming overbought. The mass index indicator has topped and maybe falling to the trigger line. I will take a one- third partial off my position here and wait for a pullback with reversal to add back into the position at a lower price. The tandem of MRNA and NVAX has been very profitable for me. Careful in trade management will help me keep it that way.Longby AwesomeAvaniUpdated 4
FFIE in a rising channel breakout ( RIP FSR) LONGFFIE is rising in a Keltner channel with a moving average channel superimposed. On this 15 minute chart, FFIE went from a low volume trend down to a reversal with volume on the morning onf April 8th with the continuation into April 9th. This is a volatile penny stock. Long trades are taken when price crosses through the moving average channel especially if there is a corresponding volume spike. The exit when price touches or crosses the upper boundary of the Keltner channel. I have added the ATR stop loss indicator to manage the stop loss and its advancement up as price rises. The trend up is now 35% but could easily continue higher. I will take a long trade here with about a 5% stop- loss targeting 0.1184 and 0.1234 as recent pivots to the left.Longby AwesomeAvaniUpdated 7
OKLO a pre revenue green energy startup LONGOKLA represents a high risk high reward play on green energy. It is a pre-revenue nuclear power generation plant in Idaho destined to sell electricity to the grid as well as nearby government customers including a miliary base. As such the risk is inherent but so is the potential upside. This is a long trade buying at the bottom and looking for 50% upside or more. On the 120 minute chart price is ascending through EMA lines in the past couple of days. Price is rising as compared with anchored VWAP lines and the RSI indicator confirms bullish momentum. I will take a long trade here especially as making a trade supporting green energy helps in a socially responsible way the energy trend in sustainability.Longby AwesomeAvaniUpdated 3
IPW - a penny energy stock LONGIPW on the 60 minute chart has went 3X since a big beat on earnings and revenue a couple of weeks ago Price peaked at the 3.4 area in the post earnings move higher had has now faded to 1.9 in a healthy pullback and Fib retracement. The down trend from the pivot high on 5/17 ended with a bottom and a golden cross of moving averages on May 22nd. The all-time high for was in the range of 8 back in 2022. I see IPW as having as much as 400% upside. I will take a swing long trade and likely carry it to the next earnings in about 11 weeks. The entry stop loss will be 1.7 to be raised as the trade progresses.Longby AwesomeAvaniUpdated 2
Nvidia Major Top at 1,158.19Nvidia Corporation (NVDA) Elliott wave count from its major bottom made in October 2008 appears complete. On 05/30/24 NVDA high was 1,158.19. Major Fibonacci resistance is at 1,157.70 almost a bullseye hit. Daily MACD – Histogram has flattened out. Stochastic has bearish lines cross. None of the other “Magnificent Seven” stocks confirmed NVDA new high. None of the three main U.S. stock indices made new all-time highs. If NVDA has made a major top it could signal the beginning of a multi-month decline in U.S. stocks. Shortby markrivest6
I went long on LULUAfter it breaks above the support level at 361.66, I decided to take a small position in this company. The question is will it continue to rally or maybe fall back down again? Nobody knows, we are all betting with a certain amount of probability , back by financial figures, story of the company to convince you that this is a worthwhile company to take a stake in. Thus, it is crucial to be conservative in the beginning and until the chart shows you what you want to see, then you can add more in tranches. It is a marathon, so be patient, no need to rush.by dchua1969Updated 4
LCID Anchored VWAP based swing trade LONGLCID on the 15 minute chart is shown with two sets of anchored VWAP lines overlaid being set at the pivot low of April 22 and the pivot high of May 6th. LCID completed a trend down today which began on May 6th. Price has reversed and is breaking up through VWAP band lines on the chart. The faster green RSI line has crossed over the 50 level in the past trading session. Price is now about to cross over the longer mean black VWAP line. I am taking a long trade here targeting 2.88 for 25% of the position, 3.10 for 50% of the position and the reminder for a runner position to extend for the uppermost band lines. The first two targets are based on the intermediate VWAP lines as well as the upper and lower boundaries of a standard Fibonacci retracement. The stop loss will be raised incrementally from its initial setting of 2.74 at the top on the EMA cloud. As the trend down took a few weeks. I am expecting a 2-3 week long trade following a projected trend up.Longby AwesomeAvaniUpdated 4
ZURA a med tech microcap with catalysts LONGZURA a penny stock has catalysts- an FDA action is soon upcoming and an insider bought a lot more shares. The 120-minute chart shows a solid trend up since earnings March 28th. This pre-revenue company beat earnings with less cash burn than expected. Another earnings report is about a month away. Price has settled to the support of the longest EMA line. I see an opportunity here for a long trade toward the earnings in a month. The longer black RSI line above the 50 level while the shorter green line shows the oversold undervalued condition for an entry.Longby AwesomeAvaniUpdated 2
AMC pumps price and volume into fair value zone LONGAMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price and volume have pumps and so also the PV Trend indicator. There is no fundamental footprint on this move. it is a pure meme much like a similar move of GME. I will go long here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n recognition of the volatilit The final target is the $ 120 range pivots of April and August 202. The initial target is the $35 range of the ranging zone of August 2023. Upon reaching the first target I will cut the position to 50% for the leg higher. I will cut the position if momentum fades especially if the volume fades with it. This will be interesting at the least and highly profitable at the very most. Longby AwesomeAvaniUpdated 3314
NVIDIA to 2kNVIDIA following 2017 BTC factal nicely. Blow off top looks halfway through with still around 85% upside. Coincided nicely with a top forming around election time. Strap in and ride this rocket to 2k. Longby rcpberridge88110
ARM eyes on $103.xx: Key resistance to determine trend directionThis is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at $73.57 ============================================== by EuroMotifUpdated 118
CAKE rises on VWAP bounce LONGCAKE on a 30-minute chart with a set of VWAP band lines anchored back one month shows the cycle of a trend up from a good earnings report into the uppermost band lines followed by a retracement down to the slowly rising mean VWAP where after consolidation and testing of that support, price has begun a new trend up. This is confirmed by EMA line convergences as well as RSI strength bullish divergence prior to the price action reversal. I will take a long trade here targeting 39 and 41 price levels reflecting the upper VWAP band lines. These are roughly 5 and 10% as realistic targets with a stop loss below the mean VWAP line at 36.8.Longby AwesomeAvaniUpdated 2
DKNG flushed and then went dry LONGDKNG is a solid large cap with great price action. Today it drained 5% and then put on the stopper. Price reversed and stabilized in the afternoon session. The fall was to below the second lower VWAP band in deep undervalued territory. I see this as a chance to pick up DNKG at a 10-15% discount for a long trade. The dual time frame crossover of the faster line over the slower line is reassuring bullish divergence enough for me to look for the best entry on the lower time frame chart.Longby AwesomeAvaniUpdated 225
GME new bullish momentum LONGGME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below the POC line will be the initial stop loss to be moved to break even upon a price rise of 10% from the entry and then changed to a trailing loss of 10% upon another 10% price rise. I believe that GME is heavily shorted; Accordingly, a short squeeze could add to the push higher.by AwesomeAvaniUpdated 9916
IBM eyes on $163.30 then $158 for possible Bottoms of correctionIBM had the business office monopolized but then lost it. PC's came and they said "it's a fad, we have TYPEwriters" AI came and they said "we have Watson, he plays chess" It has however been in an uptrend with the market. Retrace is now testing a key support fib at $163.30 If that one fails, we have a fallback fib at $157.99 =================================================== by EuroMotifUpdated 3