GME became around 20% of the weighting of this ETF from around 1.5% If you haven't been investing on the Reddit Frenzy, and you wish you had; now is your second chance. 21ema is the support level to watch currently, as it has held in the past; and is giving great risk-reward as we are just above it. Volatility can be extreme, so set clear defined limits to...
Delivery platform unicorn Glovo chooses StrongPoint as preferred supplier for grocery picking solutions StrongPoint today announces that Glovo, the on-demand meal and grocery delivery platform available in 22 countries and one of Europe’s leading technology unicorns (a valuation of over USD 1 billion), has chosen StrongPoint as a preferred supplier for grocery...
Depending on QQQ weakness or strength, can play this long or short. Absent any significant QQQ strength, can wait for 340.50 as entry. Notice how it’s at the bottom of the Bollinger band and getting “pulled” back up towards the mean (20 day MA).
Looking at past price action, it tends to bounce ~7% after hitting the 34-50EMA cloud. We'll see if this type of analysis proves accurate. That lines up with this fib extension at 149.48, giving us a nice upside target. Entry point is drawn based on recent price action.
Does $BBBY want a wave 5 to $25+?
NASDAQ:OSTK had an breakout of an inverse head and shoulders pattern. If the line holds it's worth a long position. Long-term this is a long anyway. Related tickers: OTC:TZROP OTC:OSTKO
CVS just hit prior resistance with a daily candle matching the previous peak. Not only that, WBA had a breakout of a massive downtrend, but the last two days formed a tweezer top so there is some bearish correlation here. I expect CVS to get rejected from here and move down to the bullish trendline at around $70.
As a retail investor, the idea of chasing the ultimate trade and making the one that changes it all is always on the forefront of the mind. Personally, I am one good trade away from my dream Porsche. Tesla easily becomes alluring for just that trade. I mean when the $830 strike goes from $37 dollars to over $5K in three days who could blame you. The problem is the...
TGT Target pretty much top of channel that extends back further than shown here Might be decent opportunity to seek a pullback test 180 previous high... Had quite the move recently Options Call open interest all around 185s Jan & Feb Though its not really a heavily traded options name Also it's not a super liquid name in general so is prone to decent gappy moves...
EURUSD H4 - As we know, practically the mirror image of DXY. Trading above the s/r zone, resistance price at 1.22700-800, new highs required to maintain upside trend, and subsequently downside trend after fresh lows on DXY.
Swing pick. Bullish falling wedge and consolidation ready for breakout. Basing above the VPOC dating back to the last impulse move in late June. Fib levels shown have good confluence with fib extensions. One target provided above ATH as well. S/L 268.53.
Perfectly tidy midterm uptrend since the beginning of July. One-touch on October 30th, and here we go again to test that uptrend strength. But this time, we've got a 0.236 Fibonacci support acting as a safety net. Also, we can observe a rebound on that RSI's oversold lower band (30). This Sunday, Republican and Democratic party leaders announced that a deal...
Since mid Oct, this particular group of marquee Consumer Discretionary stocks - McDonalds MCD, Dollar General DG, Home Depot HD, Lowe's LOW - show a deteriorating pattern which the Dow DJI and the NASDAQ indices do not.
This pattern first started once a week in November and has slowly developed into every other day, retail longs on the extended Euro Dollar have been pumping liquidity to short sellers. The following day usually has a nice pump and the lower lows and higher highs as the "uptrend" continues. Now that stimulus has passed I believe that more big sellers will begin to...
Nice bounce coming in for NYSE:WMT at the 50 day moving average. Seeing the cycle analysis, I feel there may be some downward pressure to slow the pace for about 10 days, but WMT is at a strong support trend. We should see a consistent run up in the current channel from Jan to Feb. Potential to hit $160+ by earnings. I consider WMT to be a good long-term hold...
Beautiful flag forming, breakout could see a nice move, thin volume above 175 area.