Closed rejecting TL. And if you zoom out there is a big cup & handle with a false breakout to the downside of the cup. And currently retesting at the same time as this h&s retest the cup we shooting to the moon on lennar. I think. Comment, like, etc.
Intel just gapped down after its last earnings release as margins tightened from almost 60% last year to 53.3%. Trouble lies ahead as well since Intel’s 7-nanometer manufacturing is delayed which will give AMD a 6 month head start to eat away at Intel’s market share. Intel has responded by initiating a huge $10 billion stock repurchase program. This is in...
Home Depot is currently trading near its 21 day EMA. Bulls will need Home Depot will to push through the 21 day EMA resistance level to take the stock up to its recent high. Although we see a double bottom, which is known to be a bullish reversal pattern, please be aware that this chart can also be interpreted as seeing a simple price consolidation pattern, such...
INTC OCT-20 $60.00 CALL @ $0.16. Intel undervalued, aggressive OTM long.
Marked are the Expiry Day range for Bank nifty for tomorrow. The market should close tomorrow within the range with more bullish bias.
Could we see reversal here, I'm swinging this to 125 by 9/25 or 10/2. Apple is just sleeping right now getting ready to take off
Even though Microsoft did not get the tik tok deal i still believe Microsoft will have no problem continuing their growth. They now have that cash to invest in other small tech start ups which i think will be a lot more fruitful then having tik tok in the long run. Tik Tok is a fad, like SO many other trending products now a days. I hate tik tok and social media....
Nordstrom has been a big loser since COVID-19 and is on a long-term downtrend. However, it's been on a short-term uptrend since late August and just blew through its July highs. The next objective will be the early August highs around $17.50. Our goal is to ride the short-term trend for as long as it lasts during September and October. We don’t want to own this...
In my yesterday’s trade log, I said "NIFTY is on it’s way to the upper boundary of the gap -11633. I don't know how fast it can travel, But I expect that target to get achieved in this expiry. If It gets to 11633 in the next two sessions, I plan to take a reversal trade with tight stop loss. Till then, just ride the trend using intraday breakouts." Nothing...
Good evening all, Our levels have stayed steady. I believe that the price will not move much the upcoming month. If you would like to add revenue to your positions sell covered calls and puts. You can collect a nice premium while we wait for movement later on.
over $154 and I'm looking to take this to $177. $110 was the bottom. First Pt is $168 but the overall move is to $177 for the swing.
30min version with weekly lines
2HR version of the weekly lines