GRWG- if weed stocks pick up again this week, watch for GRWG to breakout and head to resistance here (~$68.00).
I think cruiselines do well this next month, but I expect some pullback to support for RCL earnings tomorrow before a multi week run towards $100
I’m going to swing CRON and sell prior to earnings on 2/26
I’m bullish on weed stocks this week, CLVR on the watchlist for a rebound
I plan on buying some shares near $12. Stop loss near $11.50. Taking some profit at $14.
XPEV- Chinese EV should make a move soon. I am bullish on NIO these upcoming weeks, so I feel like earnings and NIO sympathy should help this one test the ascending triangle resistance for a breakout above
INTC- Just had a golden cross on the daily chart (50 MA crossing above the 200 day MA); Cup and handle on the daily scale; breakout from here can take it to $72, just below 75.75, a multi-year resistance of a multi-year bowl/cup. Biden admin reviewing semiconductor/REE/etc supply, rumored to be signing an exec order to fuel the US semiconductor industry soon.
I think online gambling picks up again this week (along with DKNG, RSI, and PENN). At the base of the current pattern. As @realwillmeade suggests for this ticker, “...just had a ticker change and a reverse split. Why? Because Score gaming is going to list on NYSE very soon...”
SPX (S&P 500 Index)- I feel a little more hopeful that we're not curling down for a large drop like that in Mar. SPX has respected the 21 day EMA (blue line on my chart below current price), has the support of a an upward channel within a rising wedge. Note- If we do get a ~10% correction near 4000, that would take us down to the multi-year trendline for support...
$PLTR-At a strong support right now, stock lockup period ending tomorrow. I will def get more shares if it does dip further.
$PAYA - Fintech play, top 10 in payment processing of overall e-commerce, ~40% institutional ownership; there is also a bullish reversal hammer candle on the daily candle chart. Monitor the VIX volatility index, currently up premarket but it may come down after market open like it did yesterday
$CCL Cup and Handle on weekly candle chart: Just a heads up. I know the market is red right now but note that CCL is near a cup and handle resistance. Many cruises suspended until March. Could take a catalyst like an overall deep Green Day, positive Covid news, stimulus package, etc to push it above. I would prob wait for a pull back towards $21 or a breakout...
I can see continuation to target 1/2 here; or a possible reversal for handle formation; c&h breakout to target 1 and eventually to target 2 (multi year red resistance line) which lines up with a multi-month black trendline. Obvious just speculation, just charted because I rediscovered a bag of XRP in my Binance account 😂
I don’t play crypto but I can see a cup and handle pattern before the weekend DOGE celebrity pump
Inverted head and shoulder. If it breaks the neckline, we should see $50k by the morning. Congrats to all that held.
I’m not playing this penny stock but I know many people are pumping these penny stocks right now. The risk to reward is not worth jumping in at this level but if you already have a position, I would consider securing some profit before $2 and before $2.60. Strong support below is ~0.90 cents. A lot of red flags with the major indices and volatility index (VIX),...