The rise was to fast for my taste. We've reached a new high and may correct the rise to collect new breath for a further rise.
DJT has had some wild swings lately. Impressively DJT pushed deep into overbought territory on the longer duration weekly timeframe. The company is sitting on under $400K of cash and carries a debt load of nearly $6.8M! From a technical standpoint how can we take a view of where the price might go next? With all the noise the monthly timeframe is where I think we...
Robinhood ( NASDAQ:HOOD ) has achieved record revenues and profitability in Q1 2024, driven by growth in cryptocurrency, options, and equities trading. The company's earnings report for Q1 2024 showed a 40% increase in total net revenues, primarily driven by transaction-based revenues. Cryptocurrency trading revenues soared by 232% to reach $126 million,...
As mentioned, GME didn’t left premium discount range but by the nature of the great range losses could be taken if any stock was bought in the below the upper limit of discount price. Now its developing a Trend Change.
BITF at the bottom of the channel. Similar Price action last halving, except this time we saw a lot of BTC growth prehalving, so expecting movement to come soon. Long term target around $14, expecting to occur sometime around March 2025
5/15/24 - vrockstar - NYSE:WMT - 24x fwd PE and barely 3.5% yield for this anemic grower into the most cashed strapped consumers. google trends look awful. trends.google.com i'd guess any pop gets faded v quickly. pricing power is for the brands, not the retailers. hard to sell a cost cutting/ brand squeeze story for a company that's already doing this to the...
GME sold off quite a bit today, but has remained resilient and is holding this trendline. I think the AMC share offering had a lot to do with it and I have a feeling we're not done yet. If it breaks below this trendline I would get out of the way though.
An update to my previous idea on ARM. It has broken to the upside and is now retesting the flag. Looks good for longs, but if it doesn't hold there could be opportunity on the short side as well.
Uptrend Retail sales was released too weak today but ,as you see, Costco has not dropped like Amazon and some others. If you are high-risk trader, you can get it and if not, like me, wait for passing of this level and buy it for hold.
MCD has formed a bearish flag pattern, suggesting a potential decline towards the daily support level. It's prudent to await confirmation of a bearish breakout from the flag pattern before considering any further action.
Hey everyone, technical analysis is mostly subjective and helps give us an indication, however I want to remind people to enjoy this price action and not get too involved in trying to make sense of it. Have fun!
Baozun Inc. (BZUN) is displaying promising bullish momentum as it hovers around $3.11, having experienced a notable uptrend with a recent buy signal. The convergence of technical indicators suggests potential for further appreciation. Below is an advanced analysis encompassing price action, technical indicators, and a speculative price prediction. Price Action...
Laser Focused on a $2 break and it's no coincidence this is the first next options chain strike price. Man those options pricing models are perfect algorithms to bend us over and.... well you get the drift. Let's go $2++ gets us $2.30
The area around $14-16 looks like a place I might want to jump in BUT I DOUBT I WILL!! NOT FINANCIAL ADVICE!!!
Delta Airlines has just broken out. Seems to have ended its complex pullback and shooting for higher prices. Structure had not been broken so very confident it will continue to rally up. My target price is $57.00. I am sure it will go higher, but I as I always tell my students, NEVER BE GREEDY. Expect some turbulence along the way, other than that, Happy Trading !
boost and follow for more ❤️🔥 AMC is finally breaking trend resistance, we could possibly see a 1,500%+ rally from here in the longterm, 100-200% short term.. meme stocks are back, small cap summer.. SPY is breaking out.. we are so back baby! lfg, see yall soon with more ideas 🔥
The youtubers pump and dump is over IMO. They hype has worn off. I picked up some today and have a lower buy set in place. This is a hero or ZERO play for me. If it melts faces I'll take some profit before summer's end. Expecting a pump above .50 soonish and a retracement to under .40 and a flatline before the face melting happens. Merry Jane stocks had their...
After enduring a tumultuous three-year period following its all-time high, Gamestop has begun to exhibit promising bullish signs. The company's recent performance indicates a potential reversal in fortune, and investors are starting to take notice. With renewed optimism surrounding Gamestop, it will be fascinating to observe its progress in the coming months and...