If you haven`t sold STT before the previous earnings: Then analyzing the options chain and the chart patterns of STT State Street Corporation prior to the earnings report this week, I would consider purchasing the 72.50usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $0.90. If these options prove to be profitable prior...
UPS comfortably consolidating on a monthly support level. I’m looking for a breakout to the upside - above level 154.50. I have a 3 month time horizon and looking for a 20 point move back into supply.
Caterpillar (CAT): NYSE:CAT For Caterpillar, we are currently dealing with Wave (3), which is soon approaching its maximum at the 461.8% level of $385. Following this, we expect to see Wave (4) and then Wave (5), marking the end of our largest cycle, which concludes in Wave I. This sets the stage for building larger positions over the long term, although this...
Tesla Inc. is gearing up for a significant reveal on 8 August this year, as it plans to introduce its much-anticipated robotaxi. This move comes at a time when the company is navigating sluggish sales and increasing competition from more affordable Chinese electric vehicles. Elon Musk, the CEO of Tesla, announced on his social media platform, X, the upcoming...
In a strategic move reflecting the dynamic landscape of the automotive industry, Ford Motors ( NYSE:F ) has announced a delay in the launch of its new three-row electric SUV on Friday after market close. The decision comes amidst evolving consumer demands and a reevaluation of the company's electric vehicle (EV) strategy. Originally slated for release in 2025,...
Since our last analysis of Monster, we've observed a significant rise to just over $60. However, we now believe that Wave B has concluded. There's a scenario where we could climb higher, but we don't subscribe to that view. We suspect a double top formation near the $60.50 mark, corresponding to the Wave I cycle, and anticipate a five-wave downward structure...
Nike tends to have corrective phases every now and then. We are now seeing one of the biggest corrections to date. We could be correcting in excess of 50% which would put us in a great position to buy Nike for the longer term. Nike is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of...
Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd...
CHWY is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
Near ATL At support Hourly channel diamond bottom d point buy in 40% from d to gap fill am bullish .
Weekly AMZN chart looks great, possibly a 55% upside in the next few months. I'll follow it for sure and a great time to invest and stock up on Amazon.
Novo Nordisk (NVO) hit the 1D MA50 (blue trend-line) again for the first time since December 18 2023 and after a long time it gives buy signals again. The correction came after the March 07 rejected at the top of the (dotted) Channel Up, following overbought 1D RSI levels before that for 2 weeks. That is a pattern consistent with all previous Higher High...
Apple Inc. (AAPL) has recently undergone a significant development as it broke a crucial support level around $180.0. This breach occurred following the formation of a double top pattern on a long timeframe, signaling a notable shift in market sentiment. The current price action shows a slight pullback around the $177.8 level, indicating potential rejection of...
Currently looking to buy Nvidia on both buy zones if price should reach them. Buy zone 1: - Confluence with the former ATH und Swing High of the previous move (blue line) - Partial gap fill (maybe fast move down to even fill the gap fully) - Close on top of the 50% of the current swing Buy zone 2: - Range that created the sharp movement up including the...
The price has once again found its support on the highlighted key level where I believe the price will further continue to fall with a clean bearish breakout on the highlighted level. For this to happen, we are required to confirm a bearish breakout first before attempting to do any sell-off. Also on the bigger picture, the price has created a double top...
The price could make a double dip. If breakout / close above the neck line, the probability of reaching 67.45 is possible. This analysis is not advice, but my personal vision.
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at OTC:HENOY ... I believe this code is at a point of potential volatility. If price can hold below $19.61 ... Bearish potential may be unlocked. My key downside targets include: - $19.29 (Conservative) - $17.49 (Medium) - $16.03...
NASDAQ:AMD is currently forming a H&S pattern on the weekly chart. I think the price will continue to chop in the right shoulder range until earnings, at which point the price will begin its decent to the lower extremity of the weekly Zig Zag Channel ($140 range). In the meantime, I am watching the Value Area H&L levels shown on the Anchored Volume Delta...