Obviously NVDA is in a Euphoric FOMO Mode and almost impossible to pick a top. However From Erections Come Corrections add the nice little double top and it makes it compelling for bulls to take profits.
Stupidity is the best way to make money, so don't give it back.
It's been a while since I have been posting on a regular basis. I came down with COVID a couple weeks ago and thankfully that was the first time I have had it. Hopefully it was the last too. Elon has people worried as of late and with good reason. One thing that makes index's so attractive is you're not subjected to the whims of an eccentric billionaire. Tesla...
TSLA has been setting up for a potential rally to test upper 200s, but first it will see sharp downside to 218-223 (point target 220) by 12/13/2023.
- Needs to stay under 239.88 for this to playout, otherwise it can bounce to 260s
- If makes sustained TSLA break below 220 then there is downside continuation risk to 180s
So looks like a double top on NVDA on 3 day and weekly. I think we could hit the 200d/ma and it could take a year. Long way down.
This stock has been super human over the past year though so who knows.
GME SAVE THE TAPE!
Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20
and about to waterfall again. Despite my several follow-up warnings over the last year and a half people
continue to fight me on this. SMH!
The popular narrative is that NASDAQ:MSFT is going to benefit from AI and if there's a downturn, the stock will hold up.
I have a different view. I think we've topped here and will only see lower prices going forward.
Over the next year, I anticipate NASDAQ:MSFT 's price dropping sub $200 to the support levels on the chart.
Only thing that would change my...
TPs in the chart.
A move to the low targets is unlikely because they are situated beyond -3 Standard Deviations with a 0% accumulation.
I do believe NVDA is in a unique situation here. It has topped probably ages ago but the rest of the market is keeping it from actually tanking. A bit of a psychology thing that goes like this:
"Well, since SPY and QQQ and...
Solar Edge technology stock experienced the most aggressive sell-off in 2023 since it went public. A rebound from pre-covid prices attracted investors and we saw one of the highest buying volumes in the stock's history.
This can be a sign of a bottom and a possible rebound to $100 and beyond. The first position was filled when the market opened.
Since our last study, we have observed that TSLA shares are trying to resume the medium-term uptrend by attempting to break through the last top at $246.70. The problem is that the price failed to close above this resistance on the daily chart, so the upward movement failed to materialize. The link to my previous public analysis is below this post, as usual.
We closed out Friday very well with a $1.27 / +7.58% in retained Market cap growth. Don't get me wrong we could give some of that up tomorrow, but I believe we should be in wave 3 of iii right now so to sputter out this early would be worrisome. Not to mention we haven't even breached the wave 1 of iii high. We need to breach wave 1 by enough that it gives room...
the long-awaited Tesla Cybertruck event is happening tonight, and investors are eager to see how the unveiling will impact TSLA stock. If you're thinking about going long on TSLA, here are a few things to keep in mind:
Consider the Potential Impact of the Event
The Cybertruck event is a major catalyst for TSLA, and it has the potential to send the stock price...
I traded NASDAQ:TSLA last week when it broke out of that inner wedge pattern. It went quickly and then pulled back. I made a good profit on a 2-day trade. A link is below for last week’s idea on the trade.
It looks to me that Tesla is finding some support in the low $230’s area. I have an alert set just over today’s high. If it triggers and the market are doing...
What's going on Team SKILLING:US100 : MARA
Avoid margins, and do not ask for money to buy your shares.
Let's all be better, get a 2nd job, and save money so you can invest in this opportunity.
I know there are other mining companies in the US, but Marathon Digital Holdings is still my favorite because I think they are making the effort to cut their energy...