Today we are tackling NASDAQ:ROKU stock price downfall.
Why has it been falling so hard for the past couple of weeks?
In fact, Roku stock has been losing in price every month since July. And losing a lot.
It is now trading at 50% below July's highs. That's insane.
Roku was a major COVID theme play, as everyone expected the stock to...
Today we are taking a look at NYSE:UBER price movement.
We are using boxes with levels and fixed term volume profile.
What has been happening?
NYSE:UBER stock is pretty volatile asset in general (leaving out all meme stocks obviously). During last 7 months it has been moving in 37-56 price range with POC at 46-47 level.
[ symbol="NYSE:DIS"]NYSE:DIS fell 7% last Thursday after the Q3 earnings report.
Is it cheap enough to buy now?
Let's find out.
Earnings disappointed investors with reported revenue being off for 1.4% from the estimates (bullsh*t analysis).
Consequently, price bounced from 158 level support, but it came back down and is threatening...
Let us take a look at recent NASDAQ:ETSY price development.
Huge leap from 234-239 zone to new highs at 283 .
Hard reject to 240 zone.
Climb back to 270 .
Taking a look at last 3 weeks volume profile, it is not uniformly distributed.
POC is at 239 .
Decent size volume occured in 270-275 zone, BUT mainly on the ask side.
On Saturday US government finally agreed to pass a huge $1 trillion infrastructure bill.
What does that mean?
Utilities, communication, transport and industrial companies will receive subsidiaries for expansion.
So why NYSE:CAT ?
The biggest construction equipment manufacturer in the world. They will benefit indirectly as companies...
Today we are deep diving into NASDAQ:INTC stock situation.
Recently stock was dumped by institutions after earnings report, leading to 11% decline in price. As a result, stock was downgraded by a bunch of analysts.
Nevertheless, earnings were not terrible. Revenue missed the mark by just 0.84% , while EPS increased by...
Today we are analyzing ancient automotive company manufacturer NYSE:F Ford Motors .
Can this stock still outperform young tech companies?
Let's find out.
Long-term trend lines
10 year Fib retracement
1 year Fib retracement
NYSE:F is in a strong uptrend channel since Covid crash. It has gained 4x ...
Today we are taking a look at NYSE:SQ perfomance.
As always, I've put the stock inside my boxes.
NYSE:SQ has been trading with high volatility inside 190-280 range for almost a year now.
Key demand areas:
Key supply area:
To go for ATH we have to break 290 and consolidate above.
To start a...
This time I am analyzing NYSE:SE stock movement using volume profile besides my usual boxes setup.
NYSE:SE stock price has shown very persistent up-trend strenght for the past year.
When we have the equity soaring up like NYSE:SE does, it is helpful to use Volume Profile to see a bigger picture.
I added three volume profiles for different...
This time we are taking a look at recently IPOed NASDAQ:COIN stock.
It may seem obvious that NASDAQ:COIN price is following crypto market movement.
If that's so, do technical indicators matter for this stock analysis?
Let's find out.
Taking BTC as a benchmark for the whole crypto economy, we clearly see that NASDAQ:COIN follows BTC...
Today we are analyzing NASDAQ:SOFI price movement.
As always, I am using my boxes strategy based on supply and demand.
In addition, I used volume profile for detailed context here.
A few words on volume profile:
It puts trade volume on vertical axes. So instead of volume per point in time metric, we observe volume per point in price...
Today we take a look at spaceship of a stock NASDAQ:NVDA .
Nvidia stock has been booming since crypto market skyrocketed in 2016.
The company is overvalued from fundamental indicators viewpoint, but these kind of stocks seem to totally ignore the fundamentals.
Let us analyse the price movement using my favourite tools.
The orange trend...
I've been following NASDAQ:DKNG price movement for a long time.
Today I will share my analysis with you.
This is a typical growth tech stock with a higher risk profile.
If you are ok to see your asset go up 5% and then lose 7% the next day, then you might consider trading this stock.
Price is in the long-term rising...
Today I am taking a look at the one and only NYSE:SNAP .
This stock was born to be put into my boxes .
Just look at it
The most perfect boxes setup I've seen in a long time!
Key points are indicated on the chart.
The closest levels:
Strong supply on the upside at 79 .
Magnet level at 73,6 .
Strong demand level at 69,9 down below.
Today I am posting an update of my NASDAQ:AMD stock analysis and position.
I first provided my analysis on the stock mid August together with my boxes strategy tutorial. It is linked below.
Now let us see how it holds up.
Demand level of the higher box at 104 has proven to be a decend support.
We broke out of the box to the downside during a...
Today we are taking a look at NASDAQ:CRWD stock price movement using my boxes as always.
Stock is holding itself in a solid uptrend channel.
Upside - 269, 289 .
Downside - 248, 239, 227 .
Watch volume numbers at key levels and compare them with previous zone breakout numbers.
Overall very impressive performance for...
Today I decided to post an update on my initial NYSE:U prediction made a month ago.
Here is what happened:
Price broke out of the long-term downward trend sooner than I expected.
Trend line got softly backtested and held.
Supply level at 139 level was reached.
Return to strong 128 demand level.
As much as I love this stock I do not...
Today I analyze NYSE:PLTR stock price movement.
For a preface, I consider Palantir a great company with interesting business strategy, so it's a buy for a long-term hold in my book.
We are here to analyze it's recent movements and decide where to buy/sell.
What's going on?
Price has been moving sideways in 16-27 range since...