Last week's candle seemed like the Amazon ride might be over for good. This week bulls attempt a heroic reversal. Test on weekly 20 EMA/ mid Bollinger band and getting support there is kind of a big deal. However, there is a MACD bearish cross on the weekly, along with resistance right on the mid Bollinger band on the daily time frame (not on this chart, but it is...
Walmart is the biggest retailer and the biggest employer in the US. This is a very simple setup with great risk-reward US bulls do not want to see this fail.
GCTK is an unshortable penny med tech stock. It is now overextended and fundamentals do not support a move higher. Idea is on the chart. Overbought at this point and likely to fall by Friday as traders take profits for the week.
There has been a lot of propaganda of late talking about the BRICs will replace the US or China Yuan will etc.. this is flat-out silly talk designed to influence unsuspecting people for political purposes. This chart BKF/SPY is a comparison chart BRIC and the US. However, BRIC is now BIC since Russia has been cut out by US sanctions. In my view, BIC is...
FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but thrives when spot silver rises as its fixed expenses in mining allow for increases in margin in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX that moves slower when metal prices rise or fall. I see the quick geopolitical...
If you haven`t bought WDC before the previous earnings: Then analyzing the options chain and the chart patterns of WDC Western Digital Corporation prior to the earnings report this week, I would consider purchasing the 67.50usd strike price in the money Calls with an expiration date of 2024-9-20, for a premium of approximately $9.10. If these options prove to be...
If you haven`t bought the dip on CL: Then analyzing the options chain and the chart patterns of CL Colgate-Palmolive Company prior to the earnings report this week, I would consider purchasing the 90usd strike price Calls with an expiration date of 2024-4-26, for a premium of approximately $0.80. If these options prove to be profitable prior to the earnings...
If you haven`t bought LRCX before the previous earnings: Then analyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week, I would consider purchasing the 880usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $34.05. If these options prove to be profitable...
If you haven`t entered SPOT in the buy area: nor before the previous earnings: Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week, I would consider purchasing the 270usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $20.30. If these options prove to...
If you haven`t bought the dip on PEP: Then analyzing the options chain and the chart patterns of PEP PepsiCo prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $4.70. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain and the chart patterns of PPG Industries prior to the earnings report this week, I would consider purchasing the 2500usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $2.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
this big move from the morning is fading into a late day sell off. im targeting the value area poc short according to market structure along the lines of the pattern ive drawn.
SPCE since November has formed a bear flag that is cracking today. Caution for bulls is in order. This is a very simple structure setup.
NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH
Could this be a bullish intraday play for NVDA on Monday?
Skechers ( NYSE:SKX ), the renowned Comfort Technology Company™, is striding confidently into the future with yet another remarkable performance in the first quarter of 2024. The global footwear leader announced its financial results, showcasing impressive growth and reaffirming its position as an industry powerhouse. Record-Breaking Sales and Exceptional...
Canopus Biopharma (CBIA) is showing potential for a bullish trajectory over the next 1-2 weeks, contingent on upcoming updates. The first target lies at the confluence area of the first trend line and Fibonacci ratio resistance around .0006. If this level is breached, the next target is at .0010. Above these levels, I'll set my personal sell limit on 75% of my...