While the sector is likely to rally here, I expect more holders to make their exit. Absent any major news from Roman or a Gov't statement from Niger regarding the property, it's unlikely to mount a reversal. Chart is showing a downward continuation pattern.
The Greek Option Trader Swing Alert MSFT 5/3/2024 $402.50 CALL Profit Target: $403 *Disclaimer* We do not provide financial advice, all content found in our channels is for education purposes only. We will not be held liable for any actions taken by you as a result of what you learn or see. What We teach & share is PERSPECTIVE only.
Given the recent decrease in earnings and the substantial holdings of shares by major institutions, it appears prudent for investors to consider taking profits and bolstering capital. This is particularly pertinent given the current bearish sentiment in the broader market, as evidenced by the downward trends in indices such as the S&P 500 and DJIA. Against this...
NASDAQ:PWFL - Strong Weekly Momentum may keep up - good luck
Reasons Why !! Key Financial Insights: Stock Price: Amazon’s stock reached a peak of $189.77 on April 11, 2024, showcasing a remarkable uptrend1. Market Performance: The company’s strong market performance is evident as the stock price hovers close to its 52-week high. Behind the Surge: Amazon continues to dominate the e-commerce space with innovative...
Franklin Resources, Inc. (NYSE: NYSE:BEN ) unveils its second-quarter financial performance, showcasing resilience and strategic prowess amidst evolving market dynamics. With a nuanced approach to financial management and a focus on innovation, the company navigates challenges while charting a path toward sustained growth. The reported net income of $124.2...
I have a list of several names I had been jotting down in my journal since January. My pendulum picked this stock after I asked for a name that would make money the fastest of the bunch. The levels I get are to watch for a high around $25.49 - likely tomorrow - to short. I was guided to get a date, which is Friday. So I'm thinking this is only for this week,...
Analyzing the options chain and the chart patterns of RIOT Platforms prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.98. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hi everyone, Despite a significant drop of 21% today, our indicators suggest the downtrend might not persist. A rebound above the daily level could signal a bullish trend, potentially leading to a weekly cross above the monthly. This could aim the price towards the $63 mark, aligning with the 0.618 Fibonacci resistance level. Conversely, if the price dips below...
In December, the Chinese government released draft new regulations aimed at curbing excessive spending and time wasting in video games. Shares of the industry's biggest players: NetEase and Tencent, which generate 100% and 50% of their operating profit from video games, fell slightly on the news, but were bought back. Firstly, this is still a draft document and is...
If you haven`t sold FSLY on this head and shoulders chart pattern: Then analyzing the options chain and the chart patterns of FSLY Fastly prior to the earnings report this week, I would consider purchasing the 12.50usd strike price in the money Calls with an expiration date of 2024-6-21, for a premium of approximately $1.81. If these options prove to be...
Testing top of range after bull flag breakout. Huge double bottom sideways range with 37.75 reistance. We may be on verge of breakout right now. Hold tight stops could attempt entrys here. If we dip in 36 and 34 are huge support buys. This should easily see 50+
If you haven`t sold ETSY before the previous earnings: Then analyzing the options chain and the chart patterns of ETSY prior to the earnings report this week, I would consider purchasing the 70usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $12.15. If these options prove to be profitable prior to the earnings release,...
My dowsing is bringing my attention to TSLA & is does it in an "interesting" way I'm beginning to understand (I think). I have a scale I made up with a couple stocks, indexes and couple other things with directions or swing hi/low, and I'll ask to show me the most important thing to know for now. It often is a little early, which I understand, but sometimes...
Tsla share repumped today to retest the broken upper trend There are a lot of movement expectations : 1- The Price close above the Key LVL 205.30 then we can find the prices go up again to try to rebuild new wave (not expected by myself) 2- The price is retesting the upper trend showing at the drawing, so later on we will see push of selling the share and this...
Market Sentiment and News: AMZN has recently made headlines with a record number of same-day and next-day deliveries, an operational milestone that may reflect positively in investor sentiment. With the earnings report slated for tomorrow, the market's focus is honed in on Amazon’s financial health and future guidance. Price Action Analysis: Over the recent...
TSLA is doing same think it did last time, flush out lot of bulls. I think if there is any more downside it should be 145. The volatility during the FOMC will impact tesla, but should bounce back stronger. Dollar cost averaging is best. Buying between 145 to 170 is what I'm looking at. Cheers, Happy investing NASDAQ:TSLA
Reasons for bullish bias: - Falling wedge breakout - Bounce from strong support - Entry at LH breakout Here are the recommended trading levels: Entry Level(CMP): 195.70 Stop Loss Level: 136.71 Take Profit Level 1: 243.83 Take Profit Level 2: Open