Bull Pennant Breakout. 25% free money incoming. Wait for a retest if you want, but this thing looks ripe for take off
Reasons for bullish bias: - Price gave HH breakout - Bounce from support Here are the recommended trading levels: Entry Level(CMP): 29.17 Stop Loss Level: 22.65 Take Profit Level 1: 35.09 Take Profit Level 2: Open
We are in the BPR below the liquidity taken on TESLA, huge amount of buyers are off, we can expect now the price go up, the timing is perfect just before 24 apr2 024 earning release.
NVDA is neutral on its 1D technical outlook (RSI = 45.860, MACD = -7.940, ADX = 34.317) as it corrected to a respectable extent, a correction that we have been expected as pointed out on our latest idea. The Channel Up is intact, the price crossed under the 1D MA50 and like the September-October correction, it may consolidate until it catches up with the 1D MA100....
4/23 - stupid expensive 60x pe and just a "better" consulting company but probably beats lazy estimates in a "good" tape and would be a good short upon 1) beat and 2) pop into the coming months. good luck longs... either use this as exit liquidity if you've done the work or realistically you should have rotated to something else by now. lol.
4/23/24 - $vrockstar - a short on multiples and industry factors - but i'm just not shorting single names on short amt of work. defn not a buy and if pops on mediocre results consider shorting in cash account
Subscribe & Follow For: ➞ Quick Chart Summary Breakdown ➞ Pertinent Supply Demand Zones and Considerations ➞ US Stocks / Crypto Only ➞ Before / After Analysis 🙏 Like & Subscribe 💬 Drop a line and let me know what you think 🍯 Coin donations always appreciated 🚀 Boost this post to share value NYSE:RTX is currently exhibiting a double megaphone pattern on...
4/23/24 - $vrockstar - well priced, probably beats, defn not a short. or a short upton a pop. 4% yield for a duopoly is not worth betting against. 25x 2024 EPS of $1 is about $250 and realistically this mkt will want to pay 30-35x for this which means it's actually probably a buy, disgusting but just not worth the "alpha"
4/23/24 - $vrockstar - could be very mixed just not worth participating bc already have shls position... could be a huge gain or a huge mix; gt's are mediocre which tells me rates are having a decision impact. would probably see this lower
4/23/24 - $vrockstar - print looks like a beat even if stock has rallied. FCF yields decent, growth "there". has some short interest that will need to cover the bum on a beat which provides liquidity out of the trade. the only print i'm trading long here today. let's see. small size.
4/23/24 - $vrockstar - print looks beat into the grave w all the negative expectations, but PE is relevant for a megacap and it's simply to expensive into this print. never bet against the edge lord, but also you don't need to buy every print. in the event they beat the whole sector goes bananas and my play here is the donut saudi "company" lcid which goes...
NYSE:PLTR is ready for a breakout and possible continuation of waves. Applied previous earnings range to the prediction. Only thing that could make it break downwards is an SP:SPX correction in my opinion
We seem to be well placed for a NASDAQ:EXPE short on the 50MA test. Heavy short volume at that level, which also coincides with elliott waves
180 Life Sciences Corp is a clinical-stage biotechnology company. It is focused on the development of therapeutics for unmet medical needs in chronic pain, inflammation and fibrosis by employing innovative research, and, where appropriate, combination therapy. Disclaimer: This content is for informational purposes only and is not intended as financial...
Shares of HashiCorp ( NASDAQ:HCP ), a cloud software maker, surged by up to 26% following media reports that IBM was in discussions to acquire the company. HashiCorp's software aids developers in setting up and managing infrastructure in public clouds operated by companies like Amazon and Microsoft. The software also provides organizations with security credential...
Two head and shoulders top formations are seen here with the second formation not yet confirmed with a breakout. Todays price action suggests the more bearish H&S formation with min $2.60 target is the correct call with a rising wedge seen during today’s rally to for a right shoulder. Should this call come to fruition, it would be a great opportunity to switch...
Uptrend I pay special attention to this great company, It released good earnings last year and I will buy it today before the bell if the daily candle closed without shadow above it. Low risk traders can wait for new earning release then get it. Considering sure SL can guarantee our trades and, in my view, it can be about 17.5. Good luck.
This is a crucial week for the tech industry with the Mag 7 approaching earnings, and GOOG “Google” particularly has earnings Thursday After-Hours. We’ve been displaying Bearish divergence since January, and currently forming a Head & Shoulders pattern……given the current market sentiment I believe we could see a nice pull back from Google before continuing to the...