Entered trade as SLI came through the previous week's high after a two month pullback to the 100-day line and experiencing volatility contraction over the last couple of weeks of trading. My stop loss is under Thursday's low. If the Electric Vehicle trade stays hot, the lithium stocks, such as SLI, should continue to rise with the E.V. stocks.
Today we will take a look at ROKU. What can we see from a technical perspective? a) Currently, ROKU is on a Drawdown of 60% from the previous ATH on JUL 2021. And if we take the first top on February 2021, we have been on a drawdown period of 290 days + b) The main bearish structure we have right now is the descending channel. While the price stays...
Started position in TEAM this morning after it undercut & reclaimed its PEG low yesterday. Very small, 30bps risk. Will increase position size if the stock reclaims its PEG day anchored VWAP and again if it clears its inside pivot around $462.50. Stop loss is below yesterday's undercut low.
Half size position taken on the 11/10 breakout with a stop below the day's low. Closed early as the breakout came back in on overall market weakness. Did not want it to gap against me the following day. Looking to potentially rebuy. Company is showing absolutely elite levels of growth currently & should be boosted by the infrastructure bill.
It took some time for the Xpeng stock to pick upt some momentum, but it is looking better now! We expect the price to increase to an area around $75 in the first step, before another correction sets in. In the long-run, however, the stock should move towards $143. Push it to the limit!
The Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or...
Semiconductor solutions and design company with accelerating EPS and the sales to support growth. Breakout of very long term base going back to 2015 after earnings report in August. Showing very good volume characteristics. Relative strength breaking out to new highs with stock taking out its pivot point. 100bps initial risk, willing to add if it begins to move higher.
Jinko has finally broken out on the chart, as you can see. I think this is a great solar/green energy stock pick. I expect the whole solar energy market to do really well in the coming months, with rising general electricity costs
The Market's longer term uptrend still intact. Breadth is deteriorating again. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are...
DOCS has been following a typical IPO pump the past few weeks. It's starting to finally show signs of weakness and the 100 area is a key zone. Two shooting star candlestick patterns have been plotted, and today's candle confirms it. Expect DOCS to revisit the 9EMA at the 90s price level at the very minimum
The Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or...
50MA is about to catch the 200MA, and if Unity breaks 130, should be able to confirm uptrend to fill the gap above. Unity made a higher low last Thursday before regaining momentum upwards. RSI is holding above 50, still in an uptrend MACD is positive still 4H chart shows hidden bullish divergence
DDOG is forming an ascending triangle on the 4H chart. Price has been sideways ever since the bullish earnings that landed it above 130. Price can be seen making attempts at higher highs and lower lowers during every impulsive move up and down. OBV is rising Price is tightening, volume dropping I believe this can break out to 140+ by the end of the month as...
Analyzing stock Kimberly Clark 1971-1991. According to the book Good to Great by Jim Collins, the stock achieved a fifteen-year result 3.42 times higher than the market. I want to compare the period from the book in which the stock achieved excellent results (which was in the 20th century) and update that comparison with data from the 21st century to see how the...
The Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names...
The Market may have some more room to the downside with the longer term uptrend still intact,The Mega Cap stocks have earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm...
Penn National Gaming, Inc. is an American operator of casinos and racetracks, based in Wyomissing, Pennsylvania. It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also controls a 36% stake in Barstool Sports. With the US consumers sitting on over $5.4 trillion of additional savings as a result...
FXCM's NAS100 is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode but each is showing a convergence/loss of momentum. If the EMAs are able to switch to diverging, developing angle, and separation, it may indicate that the short-term traders are starting to align with the daily. A movement of stochastic to 80...