TER is one of the few stocks moving with momentum in an indecisive market condition. It is a semiconductor stock that has a similar technical pattern to AMD, with Dark Pool buying intermittently through the bottom formation. The stock recently pushed through strong resistance. With earnings in 3 weeks, this may be the start of a pre-earnings run. Watch the next...
We are currently sitting on the original kick-off line dating back to 1993. This line may provide the support for an eventual move towards the 2000 ATH of 98+
AMD is once again in the pre-market activity trading and the stock price is up ahead of the market open. A large lot surfaced from the Dark Pools on the retail side of the market. This is a rare event, indicating that a large institution is accumulating AMD.
... for a 1.13/contract credit. Metrics: Max Loss/Buying Power Effect: Undefined/$270/contract Max Profit: $113 Break Evens: 20.87/33.13 Delta: -4.36 Theta: 3.28 Notes: Earnings in 22, so not looking to stay in this trade for long. High implied at 66 with excellent options liquidity ... .
A: What is Nvidia? This is a $200 stock. Thinking we will move up through the flag/wedge we've been forming. Hoping for a reach and ride along the multi-year kickoff trend line used as a stepping stone to potential ATH in the somewhat distant future. Long @135, looking for 225 at least. Will begin selling 225 covered calls against my position close to the...
Facebook continues to trade as expected however, the decline might be halted at the 50% Fibonacci based on how the current structure is unfolding.
My concerns of anything more than a pullback are subsiding, Chinese PMI is in expansion once more which is confirming that the majority of poor economic performance is likely finished. Over the next 6 months we expecting to see hard data underperform, compounded with a rising dollar it is a headwind for equities.
Pretty clear long term channels dating back to 2000 and 2003. Plus a steeper near term growth channel has formed between two uptrend lines, confirmed with multiple touches. Looking for SOX to step up into new highs and for much of the past resistance to become support. (1) - Looks as though this move down may have already occurred this week and we found some...
Analysts do not have an economic slowdown priced into their fiscal year 1 & 2 earnings estimates.
From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months. I would love to hear your feedback, have a wonderful day!
- Long term forecast. -The Ichimoku cloud shows what you need to know. -Be patient. An analysis, not an investment advice.
1. Bearish trend in weekly chart: 2. Fibonacci retracement level around $25-27$ reached from previous high in Septembre 2018; 3. Upward trend since the begining of the year losing momentum and volume to back it up to newer hights; A. To watch recent support level at around $15-$16 for any bounce back or breakout; B. To watch major support level at around...
This is a company that showed up on our radar last December, its performed fantastically since! Near term risks are present so do yield caution.
I believe a hawkish Fed will be a policy error but it will help regarding trade negotiations.
When you short a stock you are taking on infinite risk, if the roles were reversed I would not be as tactical with this position. For now, it looks like we will trade slightly higher before another opportunity to short appears.
An analysis on BTC and AMD today with an overview on some interesting features on WAVE PM that allow for predicting large moves before the range even breaks! Some very powerful tools and paradigms are at work here, if you'd like to learn more about the indicators do follow the links in the signature.
AMD is quite a mixedup genius lately and right now preparing for another leg down. - SPY / QQQ and broader market is currently setting up for an atleast smaller correction. A bigger correction is possible (the case if brexit discussion leads to more confusion etc etc.) - If correction would come to the whole market AMD is a great tool to short downwards since it...