In the ever-evolving tapestry of the tech industry, few narratives are as compelling and full of potential as that of NVIDIA. This narrative is not just about technological innovation but also about strategic foresight and financial acumen that has propelled NVIDIA from a post-2022 low to heights reminiscent of the dot-com era's most storied companies. Yet, unlike...
UIPath is forming a Falling Wedge, we can clearly see, a rising trend, downtrend correction, and possibly a rising trend soon, could be with their upcoming earning report.
100 day weighted moving average Red Arrow is broken by positive trend Blue arrow the next day. Weekend vibes. 24 hour stock market trading future? Support and resistance bands showing; newly formed 50 day lookback input data (in red), scenario.
SNAP has peaked at 18.0 levels a few days ago only to be tamed down back to 11.00 range. This after the last QTR earnings calls where the company missed earnings estimates even though the numbers are green. The overreaction to this is unwarranted. Now we're back again at discount levels. It's very rare we see an opportunity like this one. Significant net buying...
My plan is to buy NYSE:MCD puts on Monday before earnings. This idea is based purely on technical analysis, which I think sufficiently supports the theory that the price will go lower in the short term. However, in the broader scope, this drop could produce a great buying opportunity for those looking to go long. The weekly chart shows last week’s solid green...
SPY on the 2H chart shows the past six months of trend. SPY has been in an ascending channel but fall out of the channel. Iran's ambition to retliate against Israel and the movement of US NAVY warships into the the Middle East raises concerrn as does "sticky inflation" and early earnings reports from big banks. On the chart, trend angle analysis suggests the...
AMEX:SPY April 28,2024 15 Minutes. For the fall 519.47 to 493.86 AMEX:SPY has retraced to 61.8% levels around 519.5 levels. Hence long only above 514-515 levels. For the rise from 493.86 to 509.88 AMEX:SPY need to hold around 500 levels. For the last rise 497.49 to 509.88 $ AMEX:SPY need to hold 502 levels. Therefore, a retrace to 500-502 levels will...
Short Borrow Fee Rate Jumped to 939.20% from 49.95% on 2024-04-26 (Friday) I am in again at $0.9 Stop Loss at $0.74 First Sell $2.40 All Sell $5.20 Short Interest % Float 7.32 % - source: NASDAQ (short interest), Capital IQ (float)
Considering the recent political shift regarding cannabis scheduling and the changing landscape of the drug war, I am closely monitoring the prolonged underperformance of the cannabis industry. Since the legalization of cannabis in Colorado and Washington state, proponents have touted the potential of legal cannabis policies in curbing crime rates. We anticipate...
Very Bullish Chart, there is ATH resitance at $12.10, if this breaks out then stock Can rip. Watch out for GAP Down on Daily
NASDAQ:SBUX Looking to long here... ER this week Stop on weekly close below 84 Weekly target is top of the descend TL Things to note: coffee prices are going up, might affect margins
Natural gas had a very poor close to the end of the week. Price action was well on its way to breaking out on the daily chart above $2.13 befroe it got slammed back down below $2. The rejection point coincided with a key factor...tagging the 100 daily MA . Our members sold our Boil position for over a 10% win , as we tagged that resistance. Previous price...
NYSE:AA Building a bull flag... 4 weeks of consolidation... above good support stop on daily close below 34 profit target is 40, which is a volume shelf
NYSE:AA has been accumulating here... I am looking for leap 40C for 2026 targets are 38 and 40
Multiple cross over on STO and MA's MACD remain to confirm on a uptrend
Going over the QQQ longer term chart looking for clues to what the market is telling us.
If the price maintain at a key level support (previos low) it might indicate buying interest and a potential bounce.