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TTM ( Tata Motors , Indian conglomerate): Nice set up here as we had a multi week bear channel and we're now breaking out of this channel, signalling a potential reversal to the upside. To maintain this reversal, the price will need to remain above the line of the bear channel which is now acting as support. Note that price could go up a bit and retest the ...

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LKQ is currently at a resistance point of a downtrend channel that started back in December 2021. Watch for LKQ to break that trend line. A break would mark a potential reversal of the downtrend. I'll be entering a long position on the break, with a stop at 49.50. The ideal situation is if we break 51.60/51.70, then maybe we can fill the small gap at...

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ZM (Zoom Video Comm) An inverse head and shoulders is the inverted version of the head and shoulders , except that it's a bottoming pattern used to predict reversal in downtrends. ZM is now trying to form its right shoulder. The pattern will be confirmed once we reach and break the neckline at about 124. So the best place to enter a long trade is to wait...

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KWEB, Chinese internet ETF Chinese techs have been in a bear market since February 2021, with the price of KWEB unable to break above the long trend line (in blue). Kweb has found a bottom in March 2022. Is Kweb bullish? Is it the end of the bear market for Chinese tech stocks? Here is everything you need to know before making a decision: - Currently the...

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TAP (Molson Coors), a beverage company. Good value stock. Sector: consumer defensive It's forming a beautiful arc . Can we complete it and reach USD 61? Risk/Reward is good here as you can put a stop just below 52. I'm in for a swing. Trade safe!

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LPI (Laredo Petroleum Inc), an independent energy company (oil and gas). Huge consolidation within a big wedge . Weekly chart with price above Ichimoku cloud , which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100. The move could target anywhere between 146 and 208. Analysts target: 124 Trade safe.

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AMZN is currently sitting on a major historical support between 2020 and 2080. I believe it has never been so oversold. It does't mean it cannot go lower. So, will it dive? One thing is for sure, tech and growth are not in favour. You have 3 options here: 1. You think the support holds. Go long. The coming stock split could boost the price. 2. You believe the...

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TGT (Target), consumer defensive play crashing on bad earnings and inflation concerns.... Weekly chart. Now oversold. Can we go lower? Here are the levels I'm watching to enter: - 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level. -...

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TLT (20+ Years Treasury Bond ETF) Huge drop since January 2022. If you connect all the big lows since 2013 and draw a line you will notice that TLT is now sitting on a huge support and has starting to bounce off the 119 level (Green line). RSI weekly and daily oversold. Let's see if we can get a decent bounce. I'm long April 29 call. We can target 125,...

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SHOP (Shopify) has dropped 70% since November 2021. Yes we can drop more. However I like the risk reward ratio here as the price is now sitting on a trend line (in green) connecting the lows of Nov 2019, March 2020 and March 2022. The weekly RSI is slightly oversold and we're starting to see a bullish divergence . Bonds are bouncing already, which...

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TX (Ternium SA), a steel producer. Hot sector now. Nice flag on weekly. Watch for a break of 45 for a potential swing trade to 56.70. I would not enter unless it breaks out of the channel or maybe if it tests 42 again. Stop loss at 41.50 Trade safe.

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DDS , Dillard's (Department stores). I like the break of that 292 resistance (the flat of the ICHIMOKU cloud). Just got long for a swing trade. My first target is 319, which is the flat line of the upper cloud. My second target is around 339, to close the gap of November 2021. My stop is under today's candle, around 290. Trade safe.

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ArcelorMittal, one of the major steel producers. This is the weekly chart. After a big double bottom , MT is back at historical resistance around 30-31. I would watch that level and enter a long swing trade if it breaks 31. First target would be 40. Most analysts rate this as a buy with a target at 50. Trade safe.

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CRK Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. The Russian invasion of Ukraine has brought some tensions in international markets. With Russia being a major source of natural gas , oil, raw...

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Wheaton Precious Metals Corp ., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has agreements for 24 operating mining assets and 7 development stage projects. The Russian invasion of Ukraine has brought some tensions in international markets. With Russia being a...

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KRN (Karnalyte Resources) Agriculture and fertilisers are hot industries now. The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade. If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34 Initial stop loss at 0.93, then raise it accordingly. Trade safe!

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IRNT : The chart of this cyber security play does not look bad at all. We have a long base forming after a gap down in December. Some can see a cup and handle, not perfect though. I like it if it breaks 4.9 for a swing trade to 6.36, then maybe 10. Stop loss at 4.20. The sector/theme is hot right now... Trade safe.

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AVGO : I like the setup here with a well-defined risk . Nice sort of ascending triangle that started forming in January. Strong support of the ichimoku cloud at 596. Can we break 610.40 and push to the previous high at 678 in the next few weeks? No one knows. But the risk vs reward ratio is good, as you can set your stop for a 3% max loss (below 596) and...