Rocket Deal is a series of high probability breakout ideas with time horizon of 2-3 weeks with 10-15% targets . Most of the time you will see the breakouts within 2 days. This maybe useful for swing traders. NSE:ADANIENT in the consolidation zone. Stock will breakout soon. Risk Reward calculation is mentioned in the chart. Assumption : Every trade idea...
RKT has performed better than SPY during the large TECH sell off
RKT stock was brought down recently along SPY with the Tech Sell off. If Green Futures and DAX Bulls continue RKT could break out beating SPY.
Rocket had an exceptional earnings report that blew expectations out the water. Although earnings went well, Price did come down, but as you can see. Primarily it came down to fill the gap highlighted in the purple box. My Bias on #RKT is going Long.
Tesla keeps following the same exact pattern. runs up $65, falls back. runs up $65, falls back. TSLA will most likely be included in th S&P 500 this week which will most likely rocket the stock to even more ridiculous levels. My price target is $540, but... For some reason, I feel this is going to $700. we shall see Debit spreads
NYSE:RKT : One of the best IPOs of 2020. This was corrected to 31% after a bull run. And now once again it is in the correction phase after the parabolic run. I tried to mention everything on the chart.
UPS just formed a Bull flag that if broken to the top should propel the stock to around $178. I do see the possibility of this consolidation to the lower end of the channel which would be $155. If that is broken, we can definitely see UPS work its way down the engulfing candle and find support with a bounce around $145. There is also a MASSIVE gap that needs to be...
Gap fill complete back at 17.90, The down trend will be broken with a slight consolidation. Bull flag puts price target at $25. We may be rejected at ATH temporarily, but any momentum will carry this higher
AMD is that darling that continues taking share from Intel. We have formed a bull pennant with an inside CH. Appears friday we hit the top of the handle. We need to break that $84-81 range to get continuation to my $93 target. This will then get picked up once again by robinhooders and should propel it beyond $100. My top price (which is insane) is $111 which ends...
We've been long this name since $19 dollars, we continue to believe this company will be worth 5-10x IPO value in the coming years! LONG TERM HOLD
Observing price action in ranges seems to reduce asymmetry in this monster snapback we have experienced. Maybe a compelling argument for the next leg up. The outer KC converging onto pre-crash ATHs could help accelerate the melt-up; however, I would be looking to moderately sell into further strength, especially with an election coming up we will likely be coming...
Remember when AAPL used to go up heavily on news... like the "leak" of a new iPhone design or the promise of something cool? It was such a fan-boi stock. Trading TESLA has been much of the same... but it seems the news announcements have often been structural rather than just more of the same kind of stuff they've been doing. The announcements they've made or...
TSLA isn't a car company. It's a software and energy company. It's a fanboi stock like AAPL. Earnings come out on 7/22... my guess? It's going to almost double... to 2K or perhaps 2.4K Why? Because Elon isn't just building cars. He's building an infrastructure for a new energy future. Want to hear the bullish case? Try here: www.youtube.com
missed VET - DON'T MISS #ATOM! Forming the same pattern, double bottom & trading inside a descending triangle, I am not sure which trendline resistance to follow so choose yourself either red or white dotted #notfinancialadvisor #DoYourOwnResearch
9000$ is working as a magnetic line. We can see all different reversal pattern on earth appearing above and below this magnetic Line. Question is why these reversal patterns appears. They appear because of two reasons, price is unwantedly pushed to otherside, after the breakout they move fast and second reason it if they dont appear above or below the magnetic...
75.5 ZONE HELD DESCENDING TRENDLINE BROKEN MOVING AVERAGES CROSSED WAITING FOR A RETEST OF THE BROKEN TRENDLINE ACCORING WITH FIB RETRACEMENT LEVELS WATCHING CLOSELY FOR PRICE ACTION #tradesafe #theforexdaddy