AI technology has been recognized as the new future since the end of 2022. The rapid advancements in AI and its stock prices sparked debates regarding the sustainability of its current valuations. Indeed, AI technology has a long runway ahead, but like all journeys, it will eventually encounter a bend. In today's tutorial, we are going to study its fundamental...
The feds Balance sheet reduced from $7.96 Trillion to $7.73 Trillion This is the largest reduction in the balance sheet since September 1st 2023.
The major indices have outperformed over the last couple weeks. Shorts and put skews are at all time lows. No downside protection is being bought at this time. Are stocks going to the moon again?
Price consolidation near 52wkhigh about to breakout from a 1yr range Consolidation from a run-up Re-accumulation structure Bear trap spotted marks the end of reaccumulation phase Entry: Box/resistance breakout Exit: measured target
BB50 KISS SETUP Moving average (50) usually shows the mid term trend of a certain stock, when the price is above the MA50 we can say that the stock is in a mid term uptrend phase. For swing trade strategies, MA50 can be used as a support and or entry for “buy on dip” or pullback entries after a breakout. Combining it with BB gives a better visualization given...
- NVDA potential 4h Head and shoulders 400 is key resistance zone - AVGO slight beat red after earnings due to it running too much into earnings - SPY rising wedge pattern breaking soon - QQQ potentially confirming a daily bull flag if we break the high of Tuesday.
- NVDA closed right at support very likely testing it again tomorrow morning. - Nvidia does not have a lot of support in the gap zone so potentially more sell off if we do get into the zone. - SPY rising wedge pattern is still in play. - QQQ daily consolidation is still healthy havnt even pull back to 0.382 yet which potentially can still be a daily bull flag....
Broadcom comes to an interesting fork on the road. Friday, like many semi's, was breaking down from it's upward trend. I'd like to see it bounce off of FIBO retracement and continue going up. Buy signal with 8 confirmations should pop up. If it breaks support, I see it going all the way down to 420--hopefully I'm so wrong! The good news is that POC is around the...
Upside potential to 472 but then trade out... earnings and dividend make for a good trade with stock... optionable intraday