$AMD 1D Made a new local high last week, further confirming my bull thesis. Now, looking for a small pullback into the mid-high $130s for a buying opportunity to $159.
$AAPL 1D Paused last week at the reverse gp. Potential local tops here at $177 or $179 for a final wave C down to complete wave 4. A new ATH would invalidate this thesis.
$FVRR I have my eyes set on this for the longer term. Not interested in short term noise. Small cap company I personally believe in. Looks like a giant falling wedge on the weekly timeframe currently into demand. I may think about starting a leap position here. I’m not sure when but when this baby decides to reverse look at all that reward to the topside.
$BNGO I like. Look for be building a base after a big drop. Looking for the DBD or DBR. Nice pattern here. Long over break and hold of top trend line/ Pivot at $3.41 Short below 3.16 Until $3.41 breaks I will only be watching this. Big target still remains $4. Patience will pay here. Keep in mind we are sitting at a weekly support level so I expect a big...
Massive ascending triangle forming. You don't want to miss out on this one I would wait for a few more days to see if it is following the pattern. If it stays in the pattern until mid-late January, it will breakout hard to at least $150 if not even higher. Just keep watching the chart. Don't act on emotions, don't act recklessly, don't be rash. I am personally...
$ROKU 1D Pretty nice chart showing more upside potential to come. As long as lows hold and market strength resumes, we can see Roku test the $270-316 region before any significant pullback.
$PYPL 1D Still tons of indecision and very unclear chart imo. Is THE bottom in? Maybe. Is there another leg down? Maybe. I expect lots of chop to build out a base at the very least. Be patient with this name and wait for some clarity.
$NIO 1D Still not interested in anything long yet. Waiting for atleast $24-26 region to get tested first. No rush here.
$MU 1W Nothing new here. I like other semis better, they have better opportunity imo. Still expecting a pullback on this one.
$LCID 1D Seen quite a few counts from others pointing towards more down. However, I want to provide a slightly more bullish look. **IF** lows hold from here, we may have put in a sub wave 2 and retesting $46 then $52.
$FSLY 1D Strong move on Friday. If lows hold, we can see continuation higher to my wave 3 target of around $50. A daily close over $41.75 will give me conviction for a swing.
$FB 1D Beautiful weekly falling wedge. Expecting a slight dip into my buy zone before absolutely taking off.
$BABA 1D One of my favorites going into the week. Beautiful base building with clean diagonal resistance. Break above + retest would interest me into monthly call swing position.
$AMD 1D Lots of charts look like this. Holding wave 2 fib support. As long as these levels hold, looks like a btfd opportunity. HEAVILY depends on how overall markets react.
$AAPL 1W Weekly MACD cooling off after breaking out. Looks like we are in the middle of a wave 4 correction. Expecting a relief bounce this week to $176-179 region before another dip.
Wedge apex is coming to a close soon on BAC, time frame seems to be putting the break around tuesday open but any whale could pull it through Monday, keep an eye on this as these contracts move HARD
$BABA +126 (Over $126 for calls) Technical analysis: Bull flag breakout News catalyst: "Alibaba Group Holding Limited (NYSE:BABA) hosts a two-day virtual Investor Day event with senior management scheduled to give talks. BABA has traded with extra volatility the day of and day after prior investor days."
$LOW $260 bounce (Bounce off 260 for calls) Technical analysis: Bull flag breakout on the hourly chart News catalyst: "Lowe's holds a Financial Outlook event. The home improvement retailer is expected to focus some of its commentary on operating margin opportunities. Expect some analysis following the event on whether or not Lowe's can close the margin gap...