The SPY and IWM have completely diverged. On the back of rate cut expectations, many investors are piling back into the junk and high beta names. A clear relative strength move has occurred in small caps: IWM Whilst the megacap stocks have been sold off. The SPY sliced through the 50 MA yesterday and cofirmed the break below. Although this is typically...
Tesla gave us some insane profits from our last set up below, now it has turned however. Earnings has resulted in a single day 12% loss and probable continuation after. So what should we do now? Our theory is that Tesla is in it's third major wave and therefore can't take out is low for this to remain valid. We expect Tesla to make a higher low, probably above...
Stock has dropped almost 40% from it's ATH into a pennant into earnings. Short sellers would be insane not to cover on any good news or if sentiment just stops getting worse. Tech as a whole looks due for a bounce, AMD was a bottom indicator in 2023, could do it again in 2024. Upside price targets are 155, if through then 200 Stop loss = breakdown of the pennant
Two targets Linear and Log projections Both are juicy obviously Brian Armstrong timed their IPO perfectly and extracted billions of dollars kudos to them Wouldn't it be something if Coinbase was to return back it's #IPO price this coming bull , seems like destiny
and now the sitting begins for the Digital Fortress of the US of A should be a nice ride towards $100 only for those who got volume .. -- this is the only stock i own... unloaded UBER TWTTR at $30 unloaded FB at $30.. - time to sit tighter
Looking good for higher now that we are trading above the POC. We need to flip the VWAP into support next to really aim for the VAH (White Line). Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your...
Apple is bullish and in an uptrend channel on the daily timeframe. With today's close will confirm, a break out above the resistance area around 195-200 (to become the new support/demand zone) and a break out of the double-bottom pattern. Target is set to the upper levels of the channel at 250.
Daily chart with ichimoku. Price under the tankan and under the kinjun. We are above the cloud. Be careful, the cloud is thin and prices could pass through it easily. The SMA 200 is under the cloud, so no worries. MACD increasing, but above the 0 line. The RSI is slightly below 50. To conclude, the trend is bullish, we must monitor the break of my red line,...
Late cycle catch up momentum play? seems likely #APPL is closing in on $200 could that push the laggards higher?
I can. See it. And also Believe it. These securities are measured in #Fiat which only becomes worth ... less with each passing year. Until #Vivek comes into office, of course and backs the dollar with a basket of commoditie! (maybe that basket may include #BTC) Inverse head and shoulders has massive linear and log targets Will be fun to watch this play out.
W Formation formed on Microsoft. The price broke up and out of the formation and now it's heading on up. We see a similar trend with Apple and the Nasdaq so they are all following suites. NATURE: High Probability Price>20 Price>200 Target $571.86
Based on fundamentals and technicals of course! This company I expect to comfortably trade as a double digit company by years end And during the #Bitcoin bull top even has the potential to tag this log projection we can see an Inverse head and shoulders clearly being formed. Yet to trigger, but it has some impressive projections. Will Bitdeer outperform...
There are speculative doubles and there higher probability plays. I like HOOD as a firm play to accelerate into the $50 region sometime in Q4 great chart for Momentum players while the true believer should already had their bags packed long ago.
There's been a global paradigm shift As Biden's re-election prospects diminish and recent events are raising concerns. While US and Europe valuations are within fair value range based on forward P/E ratios the tremendous laggard China has turned its corner in cracking the chip after Pres Xi spent about $2T equivalent in US dollar that is a lot but at least he...
It has doubled since the peak Recession fears of 2021 #BTC has also more than doubled #SOL has 4 or 5 X'd This chart is combined price chart of #Googl #Appl #MSFT #Amzn #NVDA #NFLX #META U can see the two head and shoulder tops in 2021 and also the inverse head and shoulders in 2022 The clean break and run. And also the Bull Pennant which has already...
I wager #TECH is still the place to earn better gains going forward. It also doesn't carry the risk of #Financials and it is not dragged down by slow growth "stable" companies like utilities. Bleeding edge has always been the place to grow your money and with #AI manifesting itself for the next wave of user growth along with #CRYPTO you need exsposure to...