One of the best long-term performers in the stock market is the semiconductor sector. With a strong likelihood that AI will change the world in the next 10-20 years and disrupt every other industry, there are big profits to be made in semiconductor companies that are heavily invested in AI research and provide the processors to power it. That said, the current...
SOXX has been making two parallel channels, and the other day it bounced off the top of the blue one. It's still within the green channel, however, so it's approaching a decision point soon where it will have to choose one or the other. If the fall continues, there could be a good buying opportunity near the bottom of the green channel and an even better buying...
JNUG shows a bull flag with a potential 50%+ return due to the U.S. market being overextended / overbought. Great risk / reward buy for JNUG.
good swingline move on the weekly, longing target is former highs
Pretty messy DW but I like it for a long selling premium on it, sold 25 puts, bought 20 puts for a bull put spread. 163 credit received, 37 days out
SPXU is reaching a strong support with a potential upside of 8%. Low risk stop loss of 3% makes this a great buy moving into next week.
Good swing trade on DGAZ for a 12% return as it looks like it will bounce off of the 1 hour EMA. DGAZ has been on an upward trend on the 1 hour graph.
UWT (Oil) is extremely undervalued in comparison to its price over the past couple years. Great buy for a potential 20%+ return.
JDST looks to be bullish, making higher lows in the recent weeks. Couple reasons why I think it's on the uptrend: - Phase one of the China trade deal concluded bringing some stability to the world economy; generally this should reduce the demand for gold, lowering prices and increasing JDST, a gold miner BEAR. - Gold prices have a very strong resistance around...
I share my longterm expectation of this trade. Memory prices stabilizing. This could bring great gains for this stock in the longterm view. I am in this trade for a long time. But for those who are not in this trade yet...we got a pinbar on the 4H, which is first good sign for the entry if you still hesitate. You can also wait for the daily candle confirmation.
Biotech has had a hard time of it lately due to both political risks related to the election and litigation risks from the opioid epidemic. All of this, of course, on top of broad market weakness due to the China trade war. However, biotech earnings are better than most sectors this season, so the bear market likely won't continue forever. I've drawn a trend line...
Lyxor STX600 Chemical, with its inverted head and shoulder (bullish continuation pattern).
THIS IS NOT FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH THE QQQ IS ON THE VERGE OF A SELL SIGNAL (RED ARROW) IF PRICE CLOSES AT OR BELOW THE CURRENT PRICE. NASDAQ:QQQ
This is not FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH! Despite the face ripping rally yesterday SPY generated a SELL signal (RED ARROW) and has given back all the gains from yesterday.
Our Proprietary Oscillator has generated a SELL signal on today's close.
The ascending triangle is one of my favorite chart patterns. To confirm a breakout, we need to enter the corner of the triangle and then break above the previous high that forms the top of the triangle. A confirmed breakout usually results in a move about half the height of the triangle, or about $9 per share in this case. One nice thing about this chart pattern...
Natural Gas has been consolidating after huge sell off today. UGAZ and Natural Gas has potential to bounce off the 1 hour 180 day EMA for a 7% return. Wait for confirmation of higher lows and higher highs before entering trade. Observe UGAZ during market open for confirmation of upward push.