I believe we could see a short term price decline in the BA stock. This might be a good opportunity for a short term bearish/short trade through stocks or options. The price has been on a long term downtrend, since approximately Nov 2021. Making Lower Highs and Lower Lows.
I have attached an image here of the BA chart on Daily candles, along with several...
NDX just hit and bounced off a major support level.
Over the last 18 years, as shown in the chart, this support level has proven to be a historical pivot point for the Nasdaq index. As per the attached chart image, every time the index hit this support level (150 MA on weekly candles), it has bounced off the moving average, and reversed into either short term or...
I decided to enter a long trade on ADBE before the market closed today. ADBE is a fundamentally strong company with a wide moat/competitive advantage. Despite the company beating its most recent Earning estimates, the price of Adobe dropped by -23.50% ($164) from its previous high ($702) over the last 29 days. Due to the strong fundamentals I believe that the...
