This chart highlights key movements in RILY's stock with changes in short interest and trading volume serving as focal points. Initially, short interest grew from 4 million to 11 million from the start of November to the end of December, indicating increasing bearish sentiment. However, a notable shift occurred in February, with a slight decrease in short interest...
NASDAQ:ADBE has recent pulled back to the levels where it becomes a buy and strong buy. Fundamentally the stock is valued at 650-700 levels, hence the majority of analysts median is at 640-650. Technical analysis shows that we are at important fib-level with 475 being a strong support level. We may observe a rapid upside by next earnings, which was the case in...
NASDAQ:AAPL It has formed a Head and Shoulders pattern on the 4-hour chart, and it is hovering around the bullish trendline from the previous year. The direction it takes is uncertain at this point. However, based on the bearish pattern, it is expected to move downwards. It's worth noting that many Head and Shoulders patterns have failed to materialize,...
Introduction: The Resilience of Coinbase NASDAQ:COIN Originally, this article was slated for publication several months ago. We've been keen observers of the market dynamics from the beginning. Recently, there has been a significant downturn, yet for those who understand, this has not been a deterrent. Instead, it highlighted the efficacy of Dollar-Cost...
Since our initial investment in Marathon Digital Holdings NASDAQ:MARA in early October 2023 at $7.31, the landscape has dramatically transformed, propelling Mara to a striking $33.77. However, the journey hasn't been devoid of challenges, notably the three-month sideways movement troubling the stock and a pervasive sense of FUD (Fear, Uncertainty, Doubt) among...
It is a BUY BUY BUY for ZM. It's a 1 to 3 years play, going back up to the 588.00 price level and beyond. Its GREAT for CALL OPTIONS or just a straight up shares BUY. ZM is good to BUY NOW or wait for pull back on the Daily chart to BUY.
It's a BUY BUY BUY for SNOW. BUY now or wait for a pull back on the daily to BUY, but either way, SNOW is a GREAT BUY. This is a 1 to 3 year play, going back up to the 405.00 price level and beyond.
IONQ- SIGNALS BEGIN: -Demand have confirmed. -Engulfing candle. -Inversed pattern at the bottom. -Volume confirm.
The JPMorgan Chase CEO's WSJ was interviewed recently with Wall Street Journal Editor-in-Chief Emma Tucker, for a range of topics. JPMorgan Chase & Co. Chief Executive Jamie Dimon ranked geopolitics as his top worry and said he's less optimistic about a soft landing than Wall Street in an interview on Thursday. While Wall Street seems to be betting of a roughly...
Quick chart. Price targets marked. It needs to break over that massive trend otherwise, I'd be careful as a bull. Support is somewhat weak until we reach that 450 level. Bigger support comes in lower at around 236. But both are fairly strong levels. RSI is kind of getting up there and showing signs of maybe this being an exit move to the upside before a...
Possible count for a finished corrective at an interesting price point. Now, the only issue here is the impulse count of the last C-wave. There is a slight overlap between the 1 and the 4, but it is just a slight overlap and the end of the 1 there is a sizeable wick, so I would allow that. The wave 5 here could also not be finished yet, but that's often...
4/27/24 - outsized move for the stock on eps -17% seems too much. however, growth subdued for next 2 yrs doesn't help. even 8% implied fcf yield while juicy and sticky-ish base... is not exactly what the mkt wants to pay for this -ve growth i'm sensing - it's probably closer to 10% for this type of scale + net cash + sub 5x EV/revenue multiple names. downside here...
Today's candle on google is a doozy. Way gap up and drop till the end of the day, closing way above Bollinger bands and extreme volume spike; all making of a blow off top condition. Next week, we could see some strength to go a bit higher, but, it should run out of steam first. These conditions call for a short, but have to be careful on a massive blowout...
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...
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
Bio had to be chased a bit but ultimately it did what I expected. if they don't scare you out they will wear you out. Well, they wore you out first in this case and then scared you out. :D
GOEV was in the $ 4.50 to $5.50 range 1-2 months ago and on the 60 minute chart appears to be in a round bottom or doble bottom reversal concurrently with TSLA continuing to fall on the expectation of an earnings miss. GOEV's last earnings was a beat. It burned about half the cash that the analysts forecasted. The relative trend index indicator suggests a...