One of the best performers in the tech sector and one of my favorites to watch, alongside NFLX. Which makes perfect sense. People stay at home, watch movies and order shit online. This one gave me quite the FOMO because I only opened my broker account last week and I had a very strong feeling it was going to behave this way. Still nice to have my hunch...
CRYN is a tech company. I found it on ROBINHOOD for under $1 per share. BUY CRYN around $0.70 - $0.93 TP1: $1.30 TP2: $1.35 TP3: $1.40 SL: 0.10 At $1.40 is where we see resistance & the stock could go back down and yo-yo, up to down, to up again in this area. If the market is good in months to come this tech company could buy up. I have doubts as I see it...
4H Chart Explanation: - Price bounced on the bottom of the Weekly Ascending Channel. - Price broke the Descending Trendline and started its up move. - Now, price has free path to go towards the ATH Zone. Weekly Vision: Daily Vision: Updates coming soon!
We have all heard the stories of people getting in trouble shorting Tesla. That was in the middle of the bull market. We are not in a bull market anymore. But Tesla still may not be the best short, this week. And here is why.
Dell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here. Dell is my number one short position with out-of-the-money put options into June.
NASDAQ 100 is tracing a final minute 5 wave of minor C that will complete intermediate wave 2 up. After this move is complete the index should start its path to new lows. Possible target for the reversal is at 8,600 points. FOLLOW SKYLINEPRO TO GET UPDATES.
4H Chart Explanation: - Price bounced on the Support Zone and broke the Ascending Trendline. - After that, it is on a Bullish Corrective Structure. - After the price breaks it, price will up towards the Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
I look for bottoms but here is a potential top. After a major run up we are experiencing distribution chop here. If fails to break 9$ it will drop from here. Looking at history it has hit highs here 4 times and all have been tops. This is major Resistance. Potential to retrace to $6 range. That's a good size short. Hope this helps
$AAPL's final descent has begun. Targets in purple. Final target 141.
NASDAQ:AMD stuck between the long time trendline and recently formed resistance at 42.50. Today, the market closed at 42.30, but the price bounced multiple times during this week from mentioned above resistance, so let's see what is going to happen when the market will open tomorrow. The trendline corresponding with a high VPVR's volume node and this is the...
Let's see what happens Monday/Tuesday in the markets. MSFT is still up 26.7% in the last year (despite Coronavirus selloff) - it should not be considered cheap with current P/E ratio: 26 (down from P/E ratio: 32 in February). Terrific company with a lot of prospects going forward but there is much better value to be had elsewhere in the market right now. MSFT is...
4H Chart Explanation: - Price broke the Ascending Trendline. - It went down towards the Support Zone and bounced from there, developing a pullback. - Now, price has potential to move down towards the Support Zones. - We are looking for sell setups on lower timeframes. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price bounced on the Critical Point, bouncing on the Weekly Ascending Trendline. - After that, it started an up rally of 15%. - It broke the Micro Descending Trendline and, now, has potential to move up towards the Resistance Zone. If it breaks it, it has a free path towards the All Time Highs Zone. Weekly Vision: Daily Vision: ...
$AAPL finally broke down and closed below trend. Fakout or not? I went short Friday, expecting a small backtest before free-fall towards 178-180. Would set stop around 246.
On February 8th I hinted that the market may be low-key hinting of a large sell-off. Unknowingly, no one was aware to the magnitude of the selling. With the virus clearly acting as a massive Black Swan, the markets (as I have been saying repetitiously) over the last while, are in deep trouble and the selling is FAR from over. Many stocks have, especially in tech,...