Before posting this I did check through the first page of most recent and most popular threads on MARA and it was very interesting to see that every one of them is "LONG" MARA. So this is a contrarian thread. And why is that? Well aside from the skill it takes to make a correct bearish call mid bull market; MARA is a fanboy hype stock. Most of the posts are...
I've never seen so many delusional bulls that think a stock is heading higher. Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded. PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point...
Eli Lilly & Company (NYSE: NYSE:LLY ) has sent shockwaves through the pharmaceutical industry with the meteoric success of its weight-loss drug Zepbound, propelling the company's stock to new heights despite a mixed first-quarter performance. With sales of Zepbound surpassing Wall Street's projections by a staggering margin, Eli Lilly has raised its sales outlook...
Easy drop base drop W/ stop loss set. Targeting liquidity pocket below.
Sometimes these support bounces make me wonder "Are we in a simulation". Look at that "coincidence" haha. Feels even weirder with Dustin saying Elon is cooking the books Enron style. Be cautious, too good to be true? No Positions, Just "Line Lessons 101"
HSBC Public Holdings idea Nice and clean Breakout of HSBC , retesting of support line is another opportunity from the nearest top
Nano cap play here smaller amount. This company has a NAV of 3x their market cap. The volume on this looks super bullish and manipulated. There have been number of EPs on big news, yet the price keeps dropping on no volume. Appears to me someone is trying to load up here. The price has dropped 40% since this information on no volume: seekingalpha.com This is a...
➖ The current move on the Tesla stock (TSLA) is not supported by market fundamentals and can thus be considered weak. ➖ A weak counter-trend move can be used as an opportunity to sell (SHORT) by smart individuals/traders. ➖ The Tesla stock (TSLA) is set to drop long-term based on the individual stock long-term price dynamics. It is likely the best is already in...
Right now saying COIN or BTC is the same, if you want to know where the market is headed. Where Bitcoin goes, Coinbase follows. Bitcoin is headed lower. We are going to be looking at Coinbase (COIN) on the weekly timeframe. First, we have the classic rounded top pattern, kind of like an inverted cup; we know this pattern to be a top signal. ➖ The week...
Now that you have grasped the basic knowledge of the Matrix and its blueprint being conceptually Math, here we are diving towards the horizon which is the future trying to make sense of the math of the path. That lies ahead of us. Extracting the information required to navigate into the unknown which is the future which might have already happened, we don't need...
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.
Hope it can fish more buyers. otherwise , it will keep in down channel.
To be honest I am not as bullish biased as this project suggests with the succession of higher rectangles ending with the top bigger one, as I find this scenario if not unlikely at least less probable, but I still find the overall potential for this matrix a little intriguing especially if this longer rectangle in this starting position provides some decent follow...
Microsoft had great earnings recently and after the announcement buyers rallied the shares...only to see that confidence 100% eroded as of today. What are traders telling us about Microsoft? My analysis shows a minimum target of $370 with a decent chance of seeing $343 or slightly lower in the coming weeks. Best to all, Chris
Alcoa has fought higher since October, and some traders may expect further upside. The first pattern on today’s chart is the December 27 high of $35.03. The aluminum company rallied above that level in early April and retested it in mid-April. Has old resistance become new support? Second, AA is nearing its previous 52-week high of $38.20. Chart watchers could...
McDonald's Corporation (NYSE: NYSE:MCD ) falls short of quarterly profit estimates for the first time in two years. Amidst a backdrop of geopolitical tensions in the Middle East and evolving consumer preferences, the iconic fast-food chain faces challenges in maintaining its market dominance. This article delves into the factors behind McDonald's recent...
the daily market may top out again, but for now as long as we are above VAH consolidation levels the reversal trend may remain intact. the ability of this market to recover fully is still very much in question, but for now the daily levels in major equities are reading a technical squeeze. the daily trend could still retrace to VAH, and very well may sell off...
on the first at 11:27 am buy puts for 498 for the 8th