COIN managed a nice pop on its somewhat odd news if a partnership with Blackrock. But let’s be honest, if it doesn’t gain earnings momentum and take the overhead resistance it will find itself back below $80 in a hurry. Lots of overhead supply and weakening fundamentals are a dangerous combination in this market.
UPST has started to find a bid the last few days but the road ahead is filled with heavy bags. If the market continues higher the gap fill overhead is a decent target. Beyond that however UPST will run into near endless supply of trapped longs who jumped in on the growth mania. New money may enter with earnings this week but the slightest hint of problems and...
BNTX will pop-up on next earnings day. Technicals suggest the stock has been building a bottom the last couple of months. Now is well above the 50 day EMA and it is begining to challenge the 200 day EMA. The P/E ratio and Forward P/E ratio are in the low single digits. I expanded my position when BNTX crossed above the 50 day EMA.
Keeping a close eye here on CRWD heading into earnings on 10/8'. CRWD has been testing the $195.11 mark for quite some time now and just closed out the week reclaiming its 20-Day SMA. Additionally, it would look like a smaller ascending triangle is forming within a broader falling wedge, accompanied by some slight bullish hidden divergence on the RSI, Bollinger...
We have a Monthly Downtrend that Looks to be showing signs of weakness as well as two Monthly Doji Candles below; If we can get a decent earnings report tormorrow i'd expect that we can see JFrog move up fast into the 61.8% Retracement area.
Uber Technologies Short Term - We look to Buy at 25.07 (stop at 21.38) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported better than expected earnings which is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential...
Sellers again overwhelmed the buyers on a diagonal down trendline. Earnings this week. Perhaps that can help to get over the trendline and claim uptrend.
This stock was behaving much better than indicies. Down only 10% from ATH. Now coming into earnings, giving all signs of strenght. Every time the market is bouncing, it moves higher. Earnings history is consistent. Looking for ATH and higher
Notes: * Strong up trend * Not the best earnings record but the last report was really good * Creating a base within a base * Recently broke above historical highs of 14.42 * Increasing volume since the last earnings report * Recently bounced off of the 50 day line with bullish price action and volume Technicals: Sector: Real Estate - REIT -...
Notes: I last mentioned $MUSA on July 7th, 2022 and since then it has run up more than 12% hitting our target. Since hitting our target $MUSA has been in an orderly pull back to the broken resistance of $262.58 and testing that as support. * Ideally, this should now hold above $262.58 in order to stay constructive. A daily close, or two, would signal...
Hey guys, Just and trade idea on the back of a massively strong day which nearly always gives it back the next day so i wouldn't be a buyer right now. I'm more on the side of shorting for another down day before the markets go to the higher long term down trend boundary. We have GDP numbers coming out and I don't see how they will be good must likely negative and...
In the most recent two-quarters, DUOL has sold off ahead of earnings and then rebounded sharply after reporting earnings beats. Coming into this quarter price action is reversed. DUOL has experienced a strong rally from a quarter ago, clocking in over a 50% gain from the lows of their Q1 2022 earnings in May. This bullish short-term momentum might just be stomped...
$AMZN moving towards its downtrend line. Good results tomorrow could take it to fill its last earnings gap area of $131-135. Will watch for immediate lower support at $117 and then $110 area if the earnings miss estimates
Updating my AAL earnings idea: As you can see, we got a confirmation of the described scenario. It was acceptable to sell intraday using the VWAP pullback point. Also on the second day we got something similar to a flag, which has worked out. But of course, being in a position already on the first day, I would not add on the second day.
Castor Marine MC is less than half of assets. Meanwhile, they have record revenue and profits Q over Q and Y over Y. In short, they're making a killing. They ended their ATM in June. There is no need to raise additional funds and can easily make plays for additional vessels with cash flow. The company is likely considering dividends at this point and should be...
First time publisher and amateur trader.......... Its time for MSFT earnings and with the combination of inflation, global economies, ongoing wars, food shortages, recession fears, supply chain issues, new Covid mutants, and regular old P/E predictabilities, it seems like a crazy and unpredictable market, HOWEVER, its fun to play and pretend like I can guess...
QQQs have had a nice 3 day move clearing its downtrend line. If it consolidates here for a few sessions and holds $300 area, will then look for it to then move towards next target area of $315. Next week will be crucial with big tech earnings (AAPL, GOOGL, META, AMZN etc.) along with the Fed
All I want is to point your attention to this base! Today the stock has a report and is above the 50 EMA, which means I will be looking for entry points! Have a good trading day today, everyone!