A ratio chart divides the value of the Nasdaq 100 by the value of (S&P 500+Dow 30+Russell 2000). The large spike in the blue line to the left illustrates how the NQ became so overvalued in relation to the S&P, the Dow, and the Russell. If the ratio pulls back, I would say it may find its balance around the lower red line, after retracing the recent parabolic...
Update to Feb. 6 Idea. Now I am watching this more closely, and will be playing this with options. I was first interested by this ticker around Jan.18, when I first traded it based on the BANG stocks momentum and technicals.. but as I observed and gathered more info, the big picture became more clear to me. Speculation: - At the start of new bubbles, CapEx...
Nice cup and handle with a falling wedge breakout - targeting 25+ next week. Some more extended targets are: 26.65 27.13 27.83 Good luck!
Any dip buy around these levels makes sense. Hold NVDA long term. Earnings on 2/24/2021 could be affected by semiconductor shortage.
The companies financials seem solid and revenue seems to be improving. But most importantly the tech is great and the CEO is clearly passionate about what he does. Maybe needs to work on his presentation skills ;) We just need more good news, contracts, a positive earnings report, and more buyer volume to help flip the weekly MACD!!! Also, institutional...
Bearish rising wedge pattern on declining volume. Under the VPOC could see a fall to the 234.00 area.
Dip Buy Scenario this week for FUBO. Watch for momentum to hold this week.
Possible Dip Buy Scenario here if momentum can hold. Watch NET this week.
Possible Dip buy on DKNG if momentum can shift right here. Watch for a defined trend this week.
IHRT has support levels around $13.80 and resistance at $15.08. IHRT's earnings is in 9 days with an expected EPS of 0.28, if IHRT can exceed expectations, it will breakthrough it's resistance level.
EDIT had its little mini breakout and then fell down through support. Any chart I post please be sure to zoom out and do your own TA as well. I always stress risk manage and trade smart. Here we have EDIT bounce off 200MA with dragonfly doji, all happening at the bottom of a major trend line (4H chart). Nice risk/reward and solid upside potential here. Good luck!
Count/Fib relationships too clean. Don't hate the player
Bullish bat pattern complete. My last bullish bat on EXPR scored some nice profits, will PLTR line out to do the same? PLTR rsi is oversold, possibly pinned off the 200MA. I waited for it to start rising out of the bat here and will wait a bit more for entry long on this bullish bat pattern. My entry is the buy signal that I set to alert me on my iphone as I...
Great Company!! Debt to Asset Greater!!! Cash Flow Great!!! Balance Sheet Great!!! Income Statements Great!!! This is a Great Autonomous/Robotics Company.. Buy before the hype!! Jackpot Stock!!
VGT compared to 5 alternatives (QQQ / IGV / XLK / FTEC / IYW) AMEX:VGT | NASDAQ:QQQ | AMEX:IGV | AMEX:XLK | AMEX:FTEC | AMEX:IYW Expense Ratios VGT 0.10% QQQ 0.20% IGV 0.46% XLK 0.12% FTEC 0.084% IYW 0.43% Holdings After looking at the graphs, I am only considering VGT / QQQ /...
The sharp pullback after earnings may be in. Having built a small base it looks ready to make a move back to recent highs. Thin volume area above that it can move quickly through.
We are emerging nicely from the selloff. We have a Positive Squeeze happening with bullish candles. After all the selloff was overdone. With a low PE ratio of 24.93 and and a nice EPS we are at a good spot over the next week or so to move higher. Also the volume increase into the close was very nice. This is why I rarely hold stocks into earnings :) GL!