SPCE since November has formed a bear flag that is cracking today. Caution for bulls is in order. This is a very simple structure setup.
Although there was a rally later in the day in the S&P 500 which implies buyers moving the market higher going into the close. The overall structure for Friday implies caution if you are on the long side. It's important that the market does not return to Friday's Lows on Monday to maintain momentum for continuation to new highs.
NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH
Not that I feel super bullish but market breadth and market leaders NASDAQ:NVDA NASDAQ:SMCI NYSE:CPNG all pointing in that direction. I suppose it's a shut up and play the setup moment for me NASDAQ:PAYS held up well during all this mess. She got high and tight and has the fundamental fuel to move it.
I been waiting a long time to start a position in this one. Not very many megacaps end up on my list. I scan for fundamentals then look at TA for entries. The numbers really set this one apart. ROE +89.52% EPS Diluted Growth QoQ +780.12% EPS Diluted Growth Quarterly YoY +1824.54% EPS Diluted Growth TTM YoY +8305.52% Revenue Growth QoQ +22.28% Revenue Growth...
Hey everyone, Wasn't going to post actually, despite promising haha. The chart is very unclear, there are no HA indications of direction and I am not a strong believer in trendlines (Which is why I completely ignored the major trendline in my last week idea when i said SPY was going to 504, had I cared about it, I would have been bullish, so you see the problems...
Went short at 19.80, supply, Head and shoulders? Btc is dropping, Mara should see a reaction as they are cointegrated.
Analyze the bullish setup for LAZR and its potential for a breakout above $2.20 post-early May earnings.
Looks like AMEX:SPY will go down after bouncing off the 20 DMA. Bears rejoice!
multiple patterns within a giant pattern.. the chart screams buy me, hope it plays out.
Could this be a bullish intraday play for NVDA on Monday?
Skechers ( NYSE:SKX ), the renowned Comfort Technology Company™, is striding confidently into the future with yet another remarkable performance in the first quarter of 2024. The global footwear leader announced its financial results, showcasing impressive growth and reaffirming its position as an industry powerhouse. Record-Breaking Sales and Exceptional...
Canopus Biopharma (CBIA) is showing potential for a bullish trajectory over the next 1-2 weeks, contingent on upcoming updates. The first target lies at the confluence area of the first trend line and Fibonacci ratio resistance around .0006. If this level is breached, the next target is at .0010. Above these levels, I'll set my personal sell limit on 75% of my...
fade the spending , this babys coming back to grab some more value for the big P
NASDAQ:HAS stock price has lost 40% in the past couple months. The strength of the bearish trend is strong in the short term . A strategic long position could be built to take advantage on a rebound in the next months. For the long term, a position could be opened in the incoming weeks to be exposed in the market. Why Long? Extended stock price from...
A little short never killed nobody Buying the level between 2-3 standard deviation
"AMC Trading Strategy: The Comedy Edition Technical Analysis: Use your 'magic eight ball' to predict trends and entry/exit points. Remember, it's just as accurate as some indicators out there! News Monitoring: Keep an eye on gossip columns and fortune cookies for market sentiment. Sometimes, the rumors are just as entertaining as the truth! Short-Term Focus:...
... for a 2.01 credit. Comments: High IVR/IV at 75.1/35.1. Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF. I may look to ladder out at intervals if premium remains decent.