Hello, Here I've analyzed the PCCE (Put/Call Ratio Equities) in the monthly time frame. Something extremely concerning is taking place for the coming months. We are close to hitting .45 on the put/call ratio which is in extremely overbought territory. What this means is when we are in this level, all of the buying power in the market is already in the market. We...
Two indicators that I use show AAPL is giving off bullish signals just before they report earnings today. Let's sit back and see what happens as they are expected to report earnings today at 4:00PM ET. Stochastics are showing Oversold and have begun crossing over, which is a bullish indication that price could be shifting directions. Secondly, my studies show...
AMD one of the best performers of the year hit a 2.272 fib extension on the monthly previous swing in '06-'08 Bearish divergence formed at that extension perfectly on multiple time frames Weekly, Daily and 4 hr. Could have a head and shoulders top/into a descending triangle possibly with a measured move of around $ 59-53 Fuck ur calls bruh not financial...
Hey traders, I was searching for potential pivot points for long call opportunities and I came across Biogen NASDAQ:BIIB and thought to myself "Hey! This looks good!"... that is until I saw they're expected to report earnings tomorrow. But otherwise, take a look at the chart above. One thing you will see...is that its been trading within a range. I highlighted...
$SNAP above 27.85 can test 29.75, 31.22 next. SNAP reports Earnings on Tuesday after the market closes. SNAP can move 3 - 4 points after earnings. Its possible to see SNAP around 32 with good ER reaction.
Nike NYSE:NKE is trading close to its 21 day EMA. There could be potential for a bullish pullback near the 21 day EMA since its rally from the last pullback on September 22nd was quite successful. Of course, past performance does not indicate future results... We will continue to monitor NKE to see which way it goes.
Great chart - freebie trade, this will work out awesomely.
Consolidating near ATH. Daily volume shows institutional accumulation. Earnings on Oct. 28 AMC. Target: $48-$50.
SNAP is on a wave 5 of a 5 wave pattern. I would like to see it extend to the 50% or 61.8% which is $30 and $32. This should occur sometime around October 21st-27th
Much like most stocks, Chevron NYSE:CVX didn't have a good month of September this year, but it looks like things might be turning around. Looking at the daily chart above, CVX, as been trying to break past the 8 EMA average throughout the last month but found little success until yesterday. Today the price broke through the 13 day EMA. As the stock heads...
strong strong consolidation around the 20MA with 50D support. we're a couple weeks out from their earnings so could expect another set up like last 30days leading into ER where the stock gained substantially. PG product catalog has no reason to miss targets given covid
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...
If there's one stock I had to name for being the most unpredictable, it's TESLA ( NASDAQ:TSLA ). This rather volatile stock is expected to have some pretty big moves going into market close today as the company will be holding their annual shareholder meeting at 4:30 p.m. ET. ...But wait...there's more! Once the meeting is over, the company will immediately...
great reversal potential!
The markets have been selling off over the past few days, leaving most of the sectors in the S&P 500 in the red. A stock that caught my eye today was Target. The discount store's stock prices have been trading near it's 21 day exponential moving average only dipping beneath it temporarily throughout intraday trading sessions. Despite the warning signs of what...