I play all my picks off of structure and volume profiles. Structure is lacking and momentum is falling. Best case scenario is sideways
NYSE:GME A massive amount of May out of the money NYSE:GME calls hitting tape. NYSE:GME attempting to break out of a massive multi-YEAR triangle. #DiamondHands 🍿💎👐
NASDAQ:ACB Currently in weekly and monthly time-frame continuity. Over $7.50 triggers a daily time-frame continuation. Today a participant bought a brunch of05/17/2024 $10/$14 call spreads. There has been relatively strength in this sector all year.
In my view NYSE:SPCE stopped a current phase of falling down and forming the plato, which will be a fundament for the next steps. We will be observing a huge profitable company for patient investors during the next years. In my point of view, as well, that it can bring till the x100 in the ending of the growth phase. Goal for the end of 2024 is 4-4.5. Does...
After an almost 70% run to the upside from its bottom, there has been minimal structure built beneath it. Bull Case: We have a give or take 17% potential run to the upsides resistance level. Bear Case: Give or take a 20% draw down to major support, I believe this is most likely the case after its 70% run. On the other hand, these huge banks may get...
After it breaks above the support level at 361.66, I decided to take a small position in this company. The question is will it continue to rally or maybe fall back down again? Nobody knows, we are all betting with a certain amount of probability , back by financial figures, story of the company to convince you that this is a worthwhile company to take a stake in....
Read latest news here Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85. I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long. Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
Expecting NYSE:SPCE near 8 during the nearest time (1-2 months). Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs If you want to discuss, please subscribe and challenge my point of view )
PANW may defy the odds. While other stocks are pulling back, PANW may find support at the 200 Day EMA blue line. Also there is a gap in price above the current price. Plus Nancy Pelosi has over $500,000 in this play. You know how she keeps winning. Does she know something we don't? Leap Options may be in order.
Tesla just on TA alone looks great. Awesomeness to see this exploration of a stock going into a new age of technology. Very Fast, MOOORRREEEES LAAWS
AMEX:SPY April 25, 2024 15 Minutes. As expected, AMEX:SPY managed to hold 502 levels. Foe the day holding 504 levels I expect 507 to cross towards 510 levels as initial target. If 504 is broken on downside I expect 501-502 as target. So, I feel not much worth shorting today. Based on opening 15 minutes today should be a trending day one sided. Moving...
Based on after-market price action META has already dropped from about $493 into the gap at about $420. There is room to fall further to the 200 day EMA that coincides with the previous all-time high. We would definitely expect some reaction at that point. There should be a lot of price action at this point since the gap is so large. This is a wait and see situation.
DKNG still hasn't broken out of the yellow line pullback. If price continues down to about $36 (near the 200 day EMA, price will be 100% away from all-time highs. What are your thoughts? Wait for price to break out from the yellow line pullback, then buy Leap Call options anticipating a move toward all-time highs?
This chart is pretty explanatory, and probably doesn't require much explanation. I'm bullish on this stock. I'm 90% sure Dems push cannabis legislation through as it's a bipartisan issue for the most part, and will look good for both parties pre election. Starts with credit cards and banks, imo. Don't follow green line path as gospel, it is often incorrect, but...
NFLX - Netflix is looking like it will drop to near $500 and fill the previous price GAP. If this happens price will be about 40% away from all-time highs. This could be a much greater move when using Call Options. What are your thoughts on Netflix at this point?
This idea is based on the need for price to close a gap i.e. GAP UPFILL. On the 1-hour time frame, Nvidia posted a gap on the 24 th Feb 2024. This gap spans $680-$740 and remains unfilled. Price topped at $975 on 9th March 2024, and then went into a distribution consolidation. In April 2024 we have seen a break and retest of this consolidation. This idea...
Backtesting that Daily trend line with a few top dots on this 4hr chart. Good posture to dump some points here so they can reload lower. Big money always wins, and they almost always come back for that liquidity.
Gann says we're probably due for a major pullback on nvda. Could see a move down to around 700 in the coming weeks or months. Wait for a test of pivot highs then short