A historical look at each time Fed rates have gone up and down over the last 25 years. Conventional education teaches us that as rates go up, stock (prices) go down.... but looking at the last 25 years, it seems like stocks go down when rates go down. Am I missing something? Assuming that rates will go down, this trend could mean stocks go down (possibly to...
This could be the time PLUG turns around PLUG is nearing some long-term support -- assuming the trendline holds, it's a good entry point. Worst case, be sure to use stop losses!
Since early 2021 we've followed a downward channel and had 3 symmetrically timed peaks. I'm proposing we may hit a 4th high of ~$24/share around May 2023. Each rally has been >100-200% Each crash has been ~60% Each crash has been followed by a rally before hitting lower lows 2 possible entry points: $12.50-14.00/share (near prior lows - this would also...
Long-term channel on a log chart. Revenues and profits incredibly stable. Nothing not to like.
We broke beneath the long-term support line a few weeks ago (barely), and for the first time ever for the stock, our key MAs have crossed bearish on the monthly. That's 2 strikes against this one... Next key support is $30-$40 range, meaning another 50% down from here.
Seeing some long-term trends aligning BUY POINT: Low from each prior shoulder of head and shoulders ~116 Long-term trendline support: ~105 today, but closer to ~115 by EOY SELL POINT: Prior head and shoulders neckline 136 Prior resistance around 150 CAUTION: If we break ~116, it may not be until ~90 that we find support (head of prior head and shoulders
ST - There are lots of gaps we made on the way up. I expect those to all fill (as they have historically). LT - I don't see why ENPH won't behave like most all other names who went above LT resistance in COVID and have since come crashing down below. If you have an idea as to why - please let me know!
Continuing down in channel likely through much of 2023. 90 is support, and I expect 2024 will be a great bull year for CRWD.
Huge downward wedge. Plausible support around gap at ~$90/share. Next realistic support IMO is at $63.50, IPO level.
30+ years of trendline support show a buy point around 185-195 for MSFT (assuming the long-term trend holds). This is ~15-20% below where we are at today. 185 corresponds to the pre-COVID high, though we could go lower and still stay with the 30+ year trend (though I tend to like the probabilities around where 2 key levels meet). If that long-term trendline...
FOXF stock has been trading with very consistent and now well tested support and resistance lines. See chart for details.
Downward trend with the rest of big tech and cloud software. We broke the falling wedge / channel bearish (slightly) to reach support at the pre-covid high. If this ~$100 level becomes support bullish If we break the ~$100 level, there are several places I see buying opportunities below: (a) We may keep falling another 10-20% to the $80s, where CRWD had a gap up...
Upwork is in a long-term (for the stock) falling wedge (on log scale) since its triple top. It's shown relative weakness vs the market and still has more room for the downside for much of 2023.
Are we finally seeing the bottom for ASTR? (a triple bottom) These guys can't seem to get anything working right - multiple failed launch attempts - continuous delays - deviation from original mission (smallest launch vehicle and smallest $ to orbit) But, are the technical showing us potential upside? Possible trade: Buy $0.50 Stop Loss $0.48...
Vertical lines on the chart show the general areas of peaks and troughs. What we can see: 1) There is +/- a few weeks or months on each 2) The size of each cyclical collapse varies greatly 3) We missed a "large" crash in 2015-2016 (perhaps COVID made up for this?) 4) Since the 2008 crash, we've stayed in a parallel channel, then burst above it with COVID...
See chart for some key levels: Support at 46 Support at 70 Resistance at 113 High at 190
Watching this symmetric wave pattern forming on QQQ. We're effectively at support now in this 2022 channel. If we bounce here and trust the pattern, we could see a high of $290 on ~23 January, 2023. This could logically follow a Santa Rally and would be a similar start to 2023 as we had to 2022. Reasons for possible Santa Rally: History says Santa Rally's are...
We just had a huge bull run, and hopefully it continues. This is a solid HOLD in my opinion (or you could trim some gains). Buy back in or increase position when PE <18.