This is an obvious top.I have never seen a more obvious top in a stock. Short via puts one month and two months out at 120 and 100. Risking all of the premium.Shortby skeletorington222
ENPH - compressed and ready for explosive move ENPH isn’t NVDA ;) It took a while for it get consolidate and build some momentum. It’s so tight here and we can see explosive move like FSLR Target #1 160 Target #2 200 Target #3 230, after a while Stop loss - 105Longby just4tradinUpdated 442
DKNG back again for a Donkey Kong !!Long anywhere here or wait for a pullback to 38. Target 1 - 50 Target 2 - 55 Stop Loss - 35Longby just4tradin2
ASXC CHANCE to make X200 Just buy more ASXC. Long time trade. Maybe a years. But I am will be waiting X200 to my order.Longby farrrgoUpdated 3
Super bullish setupRounding bottom with more than 2 years base. Also a descending triangle. First target 20. Then will see. SL triggers only if a weekly candles breaks down and closes under the 15.5 support level.Longby ArturoLUpdated 3
Time to look for Bearish setupsBreath is so weak but please note that it may take time to develop into a full on correction for the market. I'm watching this leader for any signs of weakness. It could take a lot of other stock down with it. Currently it is sitting below the top fib levels. Shortby Hawaii201717
Is this the mother of all bull flags?….I present before you the daily chart, record volume and incredible volatility all to this point in time Today, Citroen is out one of the largest short traders against NYSE:GME Tomorrow historic NYSE:GME shareholders meeting I’ve been buying and adding to my trade for days Do what you want im HODL Diamond hands Longby FibonaccivixUpdated 3320
Remember the .COM bubble?Remember the .COM bubble? "The dot-com crash was a stark reminder of the risks of speculative investing and the importance of sound financial fundamentals in company valuations." NVidia is the leader, it will survive, but I think many AI companies will drown when that bubble will burst, and I believe it will. If your not in yet, too late. If your in, it's time to cash-in. My POV.Shortby FI5H30NE1113
Time to switch from Momentum trading to mean reversion in GMENYSE:GME The latest Short Interest data has been updated recently by FINRA. Keep in mind that SI data always lags by two weeks as they are introduced. The SI data with a settlement date of May 31 shows that SI has dropped from 22% to 15%. This is a massive drop as it is the lowest number of shares short in nearly 2 years. This also explains (in hindsight) why the gap up on the next trading day (June 3rd) immediately fizzled as there was not as much juice to support the run as before. See chart image below for SI and other financials. We are now in dicey territory. GME is not a small cap stock; it's a $9.5B Market Cap. Investors reacted differently to it this time than they did the last time Redditors took this stock to the moon. Investors quickly abandoned their shorts. They are much less stubborn this time around than last time and certainly don't want the headlines. Thus I would argue that looking for momentum breakouts maybe reckless here. There is a good chance that this stock is done for and will peter-out back to it's normal downtrend. But whether it does or it doesn't, a mean-reversion trade is in order. Either as a dead cat bounce or as a setup to shake out unserious hands, lure in shorts and gather enough momentum for the next bullish attempt. Blue arrow at $21.54 shows minor resistance (TA shown on black & white chart) but I think we will get a flush down to the cyan arrow at $18.06. I will be looking to buy it there. Anyway, that's what I am doing with my money, you do you. Good luck.Longby ConvictionTradesUpdated 224
SBUX bounce playHaven't posted in a while but looking to get back into it. Starbucks tanked after earnings but obviously isn't going anywhere... Theres a chance this 3 month candle turns green which would mean a price of $92 in the next 2 weeks. Longby kyleeto0
Ready to tacke off? The next big move might happen soon. If Broadcom breaks out of the resistance line (purple), wait for the retest on the same line and the next move is set. - The RSI is trending over the moving average, what indicates bullish momentum. - The intermediate trend line (blue) is soon crossing over the long trend line (green) on the 3 Line indicator. --> bullish. The next big move might happen soon. Get ready. Longby ValerianKUpdated 6
Snapchat ($NYSE:SNAP) ready for breakout?NYSE:SNAP Snapchat has been trading in the downward channel from a while and seems ready to do the breakout if critical support level $15.50 is held. This level has been tested multiple times in the past and hopefully the bulls are ready to take an action. As of today, Snapchat is running above all EMAs (9,21,50,200). Multiple Analysts have changed the rating to Hold with a price target of $18.00 - $20.00 in near short term. by Heavyguidance1
UAA Might be at the bottom and has a huge amount of upside There are several factors I like about UAA to personally long here in addition to the points on the chart. 1) This is one of the long hold stocks I purchased for my God Daughters in a custodial account. I basically asked them what stuff do them and their friends like to wear. This was back in 2021. This is one of those stocks. The others? Apple and Abercrombie & Fitch ( NYSE:ANF ). Go look at the charts of those companies. For context, "them and their friends" will be middle class and above in private schools. 2) Potential Meme Stonk. I consider any stock associated with Retail goods in 2020 to be a Meme Stonk. Especially if it was in or relied on a huge mall/Store presence. Go look at the fuckary in 2021 for EXPR, Macy's, BBBY, Nordstrom(JWN), GME, AMC etc. 3) Improving Financials, improving company. UAA has made some investments in the short term to improve its long term revenue generation. Having said that, There is some risk. UAA does have a less than stellar debt to income ratio that is being paid down. This is similar to ANF. As long as middle class teens are buying it and support holds, you can manage the risk and have clear exit conditions. This is a fundamentals, chart and Meme Stonk play. #UAA #UnderArmourLongby HotsauceShoTYME111
$PYPL Thanks $AAPLNASDAQ:PYPL It is amazing how much damage NASDAQ:AAPL can do to a fintech giant with a little side hustle announcement. 😱 It was on the verge of breaking out and apple killed it sending the stock back to Jan 2024 lows within 6 trading session. Amazing!Longby PaperBozz116
CHPT - TGT $5 (2026)I think CHPT has started showing some positive smaller financial growth. The subscription business model remains intact although TSLA is the main challenge. Regardless, this company can increase their expansion to EU and elsewhere in the coming years. They do not seem to have such plans. I can only think of local i.e. US growth atm to consider some price growth. Selling pressure has been reduced so far.Longby cryptoshort1
$CLIR to new highsGood Morning Traders, DFV, I like the stock. There is a lot of reasons fundamentally for this to pump to new highs, including pending changes to global regulations regarding emissions. The upside for NASDAQ:CLIR right now is metaphorically, clear blue skies. At ones own risk to reward for entries as the impulse moves up are already under way. This idea will be updated and closed after new highs, but will stay on my watchlist. Have a nice day.Longby vregrdedtrdrUpdated 223
Short term predictionOverall chip stocks been pushed upward extensively and seems not decisive last trading days. Correction and ranging price actions are expected. Lets see what happens!by MoneyJumperUpdated 1
Broadcom - Just be careful...NASDAQ:AVGO is quite overextended and retesting resistance so you have to be careful. Broadcom is rallying. This is a pretty obvious fact, considering that Broadcom is up roughly +330% over the past 1.5 years. Eventually we will see a correction, the only question is when and where. Currently, Broadcom is retesting a resistance trendline which has been pushing price lower for over a decade. Maybe this is a good area to close partials and monitor price closely. Levels to watch: $1.840, $1.140 Keep your long term vision, Philip - BasicTradingShort02:38by basictradingtv2217
Dell (DELL): Analyzing Recent Trends and Future ExpectationsDell Technologies has experienced a remarkable rise of approximately 440% within a span of about one and a half years. However, this impressive ascent has been marked by a bearish divergence at the current top. The RSI has been forming lower tops while the price chart has been forming higher tops, indicating weakening momentum. Current Situation: Trend Channel: Dell shot above the trend channel, but quickly corrected downwards with a significant gap down, losing around 12% in a single day. Support Level: The price found support within the trend channel, likely marking Wave A. Expectations: Wave B and C : We anticipate the formation of Wave B followed by Wave C, potentially moving into the open gap area. Although part of the gap between $94.44 and $104 has already been tagged, there is still some remaining that could be fully closed. Critical Levels: It is crucial for the $80 level to hold. A break below this level could lead to further declines towards the $68 or even $60 range. Key Points to Monitor: Bearish Divergence: The bearish divergence on the RSI suggests potential further downside. Gap Fill: Watch for a potential move to fill the remaining gap. Support at $80: Maintaining support at $80 is critical to prevent deeper declines.Longby freeguy_by_wmc4
If you think $GME trades irrationally……Do you think the spikes we have seen on GME recently are just mindless fomo? Take a look at the weekly chart using Fibonacci retracement from approx the bottom of Roaring Kitty's super rally starting the week of his first YouTube video in 2020 to the top Now that we’re in 2024 and Roaring Kitty is back Where have they spiked to and where did they land? Where are we now? Remember every level of the fib retracement is important You decide HODL ROOOOAAAARRRRR DIAMOND HANDSLongby FibonaccivixUpdated 7715
Don’t panic.All we did was move down to the 200MA 1HR this is typical of ANY stock…… Chill this isn’t a waterfall and not a crash We’re probably going to see a bounce as this is the accumulation stage. The only ones who got destroyed were same or next day options traders. My recommend is to buy the stock only as you can cut losses or take profits if and when needed Clear heads always prevail Diamond hands *As a kudos to Roaring kitty that guy is very honest posting his losses like that live stream to the world Longby FibonaccivixUpdated 2212
Bullish on Roaring Kitty We have few opportunities to make exceedingly high gains on one trade, this is one of those times. As a note don’t get greedy and if you are substantially in the green take profits or sell your investment stocks to trade with profits I’ll be selling the spike then reentering the trade at the selloff to rebuy to the roaring kitty live feed Longby FibonaccivixUpdated 2216