Here is a hidden bullish divergence that is still in process. Show to complete by today at 5 PM PT. MY custom RSI has not completed its lower low yet and will by today at 5 PM PT. This means the bullish reversal from a LL will start making its way up. Then hopefully the BULL gets released. J symbol for the month of JUNE and numerics for the day of the month....
AMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no overhead resistance.
The price of DOT is $7.5 today with a 24hour trading volume of 777 million dollars. This represents a 2% price increase in the last 24 hours and a 22.00% price increase in the past 7 days Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust free fashion; sharing their unique features while pooling their security....
Relatively safe bet (no loss on upside) to profit from stable price before earnings on 27 June Profit ratio is 26.8%. expires in 14 days Buy Put 83 Sell Put 89 Sell Call 103 Buy Call 104
I have been watching On Cloud and love their shoes. I wear them all the time now. In-fact, I bought some shares a while ago simply because I enjoyed wearing them so much. The chart above highlights some other levels I am watching if this trade can keep up: 1. The company's resurgence above its IPO price indicates a renewed investor interest, suggesting a positive...
Broadcom (AVGO) has been a major beneficiary of the AI boom, with its stock soaring 53% since the beginning of 2024 and more than doubling year-to-date. While not reaching the astronomical heights of NVIDIA (NVDA), Broadcom's performance remains remarkable. The company's Q2 revenue report was a resounding success, showing a 43% year-over-year increase, while...
BB on the 15 minute chart has earnings in three weeks. Price has been meandering sideways for two weeks after some significant volatility in mid-May. I believe it is now due for a change of phase/cycle as the earnings approach. I will place a long trade here targeting initially 3.10 just below a significant level to the left being the consolidations before and...
NVDA earnings stats based on the last 10 earnings days close to following day close. 11/17/21 293 - 317 + 24 = + 8% 2/16/22 265 - 245 - 20 = - 9% 5/25/22 170 - 179 + 9 = + 5% 8/24/22 172 - 179 + 7 = + 4% 11/16/22 159 - 157 - 2 = - 1% 2/22/23 208 - 237 + 29 = + 14% 5/24/23 305 - 380 + 75 = + 25% 8/23/23 471 - 472 + 1 = na % 11/21/23 499 - 487 - 12 = -...
Looking at the financials of the Woolworths here in this South Africa the brand is staple to high middle income class groups, year on year the company's EPS has been steadily improving after Covid. Just waiting for price to fall to a suitable price before the earnings reports are out in September. Looking at price, I am also waiting for clear Elliot Wave count to...
I must say, and as I wrote the other week ( see here ), the winners of the GameStop resurgence was GameStop itself. They now have $4 BILLION in cash on their balance sheet. That's right – a strong community can do wonders for a brand, its backing, and the company itself. Between Roaring Kitty, Ryan Cohen, and everyone on Reddit, they just created a viable business...
EURGBP I neither trade the news nor any SMC or chart patterns, etc. I trade solely and exclusively based on algorithmic structure. According to the algorithm, a long swing trade is warranted here. I have mentioned the entry level and TP (Take Profit) and SL (Stop Loss) below. BUY ENTRY = 0.84345 STOPLOSS = 0.84042 TARGIT 1 = 0.84991 TARGET 2 = 0.85400 TARGET 3 = 0.86016
Cigna hit new record highs in March. Now, after a pullback, some traders may see opportunities in the health insurer. The first pattern on today’s chart is the March low around $330. CI has held that level for more than a week, which may suggest support is in place. Second, the current stabilization is occurring at the 100-day simple moving average. That may...
This is a short term and risky Iron Condor for 7th June, going over earnings on 5th June, but with high premiums. Iron Condor = Buy Put 105 Sell Put 117 Sell Call 126 Buy Call 137
This Condor ending 7th June, reached its target (just) with 100% profit and allowing to keep the full premium. Iron Condor = Buy Put 105 Sell Put 117 Sell Call 126 Buy Call 137
Introduction: Stooges ($STOG coin) was born as a criticism of the current crypto world. A totally ridiculous coin that's shaking up the crypto world with a pie in the face. Inspiration and Purpose: Inspired by the legendary Three Stooges, this coin is here to prove that not everything in life has to be serious. It's fast, it's silly, and it's on Solana,...
GE is now priced at 5% below its recent ATH. The daily chart shows it to be on a VWAP breakout over two standard deviations above the mean anchored VWAP originating in 2 and a half years ago. Price has dipped and pulled back to the midline of the Bollinger Bands and buying volatility is fading as can be seen on the indicators. I see this as a safe point to...
Adobe's stock price has been declining over the past month, currently trading below its 50, 100, and 200-day moving averages, with the chart drawing a "death cross" pattern around mid-April, which further confirms the bearish sentiment. The stock now trades at a 25% discount compared to the highs earlier this year. The Volume Oscillator currently stands at 1.3%,...
VTRX is on a 120 minute chart, currently trading at 90% off its ATH and 50% above its absolute long term support level. Price tried to cross above the long term mean VWAP 3 months ago but was rejected. I anticipate that in time it will try to so so again. From 3.3 to a target of 9 would be a move in the neighborhood of 300%. I will take a small position long...