$NFLX ripping off earnings makes me very bullish on the rest of blue chips. Want to see price retain it’s upward momentum here - if we can do so my targets are as follows: Primary - $1858 Extended - $1925 Invalidation - $1740 Timeframe is within the next 1-2 months
Look to the scenario of 20 days rule, it's going UP or DOWN accuracy in trend for 20 days. Now, I expect that the volatility will increase, even double to 10 days, but with less movement between 3%-5% range. After increasing volatility, and in next 20 days, with movements like /\/\/\/\/\/\, than in the middle of february, high expectancy of movements to 2650$ price level.
As of 2/12/2020 to date, vaccine stocks (MRNA,BNTX,NVAX,AZN,VIR,ARCT,INO,TBIO,VXRT) had a 233% outperformance against FAANG technology stocks (FB,AMZN,AAPL,NFLX,GOOG). This trend of outperformance is likely to continue in the coming period because valuations of tech stocks need to be held at reasonable levels to avoid a sharp collapse of NASDAQ one day. On the...
235 good buy zone and measured move if we can get it
FANG is one of the names poised to benefit from infrastructure bills and further rallies in the energy sector. I predict we see a return towards the 50% area on the Fibonacci retracement. I see $80 in the immediate future and much more to come if infrastructure is on the democratic agenda.
If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together. Hi fellows, just one of my today daytrades: Nice entry point in supply zone. ------------------------Trade setup --------------------------- Entry: 276.90 Stop Loss: 278.92 Profit target: 271.88 Time stop:...
Markets seems to have rotated to the safer haven stocks today, such as FAANGs and blue chips. SQ, a consistent producer for the year, could be in a much needed pullback or retracement as a result. RSI trend has snapped but is still in bull zone. Key support levels to watch are the 220, 214 and 200. Must have confirmation first, though. Purple box for ideal reversal area.
Cycle Analysis suggesting that NASDAQ:GOOGL has another run upward. I expect it would re-test the high and see a dip around earnings, heading towards mid-March 2021. Yellow window: I'm going to be watching the yellow window as I feel GOOGL still has a little drag left. But, generally, I expect a rally in Jan until about Jan 25. Note: Although GOOGL has...
Following a hold of a 50% retracement late November to retest the top of the established range NASDAQ:AAPL this week has confirmed a break of the 125 level. It has the momentum to retest the ATH with a high probability. The overall move this year did not perform a full retracement pullback to the 50% Fibonacci level. Instead it only held the 38.2%...
A zoomed in look at MSFT daily chart from my previous analysis. The cycles and trend lines are still the same on this one, so I won't repeat those. MSFT bounced just a little early which is not convincing enough for me. NASDAQ:NDAQ will need a breather in the coming week after the stimulus news (positive or negative). I sense there is still a pull-back pending...
AAPL has played nicely in the cycle analysis so far. We are only about a week away until the minor dip entry in AAPL. If you have followed my previous analysis on AAPL, you will see the cycle analysis takes into consideration peaks and dips before the earnings.. Earlier analysis also explains the trend lines, where we would find strong support around $112 for...
overall, if the continuation holds, keep buys or look on lower time frames to add buys upon wicks where price has sold off. Creating a minor zone for buys. If price retreats from the high. the least path of resistance is 12,400 upon a trendline pattern of creating higher low. Trade what you see KISS - Keep it simple stupid. Many thanks, Team Lupa