JDTheGreat

JDTheGreat Updated 

Ever since the outbreak of the Middle East war, this gold market has been unrestrained. It appears to have returned to the order block, approximately at the 0.382 retracement, in an attempt to rally further. But does it have enough momentum? Bull Case - Of course! As soon as we break through the order block, we should be heading towards the 2025 to 2050 mark. The...

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Looks at NYMEX:CL1! it was overcooked. If we take the fact that it couldn't hold over the order block it retreated under the peak down trend. I don't know how low it can go, but if it doesn't slow down be prepared to see sum $80 levels!!! Let see where it goes.

JDTheGreat

The recent test of sub-$70 oil prices appears to have been met with significant buying interest, potentially setting the stage for a reversal back above the $77 mark. The presence of a long wick followed by an inside bar could signal further upward momentum. Bull Case: There's strong evidence of support, particularly from the buying activity observed a few days...

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This impressive three-week run may necessitate a reset to gauge where the bulls, currently in waiting, are looking to enter. The question is: how far back will they reach to pursue all-time highs? Bull Case: Observe the order block; this is their location. There's not much further to search. While it may not be ready just yet, the possibility of consolidation...

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NASDAQ:BMRN finds itself at a point of fight or flight, cornered and being pinned below all-time highs and just above the 0.5 retracement level. A lot can be said about this company: battles with the FDA following the Martin Shkreli controversy, having product approval delayed, and dealing with the monotony of the pandemic and the subsequent rise and fall along...

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With NYSE:TGT struggling to find its footing after its May downturn, it's due for good news. The upcoming earnings report might be the catalyst needed to challenge the persistent downward trend. Despite lagging behind NASDAQ:AMZN and NYSE:WMT , TGT is working hard to regain ground it suffered from overstocking issues and inefficient offloading strategies like...

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NASDAQ:NFLX had a run after finally finding a way to stop and monetize password sharing via an ad-based subscription. Now, where does it go from here? In this content war, where companies are jockeying for the best scripts and distribution rights, NFLX still has a leg up being the first one with legacy viewers. NYSE:DIS has the most content, but it still faces...

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NASDAQ:DDOG is struggling to make new highs. It needs to hold this support. The doji that formed at the end of the day does not bode well for a breakout. Does this mean their dream to chase down NASDAQ:SPLK market share may have to wait? Bullish Case - This is a tough level but not impossible. If they can add more value to shareholders, it can attract more...

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Looking at NASDAQ:AMD , you can see that AMD struggles to hold above $125. This brings up the question, "Will it be able to catch up to NASDAQ:NVDA ?" It appears that more time is needed. AMD remains a solid company with the potential to continue capturing more market share. Although AMD's chips are not primarily used for AI, it doesn't mean the company won't...

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NYSE:DE is trying to hold above to break out of its bull flag. This is one of the companies that a lot of investors would run to if there's a sector rotation out of tech. With a 1.19% dividend and potential growth ahead, you could see DE attempt to test the resistance around 418. Bullish Case - There is little to argue in favor of a bear case for this ticker...

JDTheGreat Updated 

NASDAQ:NVDA is starting to hold support and could possibly head to the level of 450. The good thing about NVDA is that their AI chips are highly sought after. Depending on their earnings performance in August, we might see NVDA really take off. Bullish Case - Being the leader in GPUs, this market share dominance shows NVDA owning their space. With potentially...

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What to make of the fact Tesla is losing steam? The market share will be threaten from this point as more EV's are making their way to the fray. This is the second hump on what looks like an M pattern. Is this the first sign of Tesla filling some lower gaps starting with the one below 156? Bullish Case - This is the leading EV maker. With the combination of price...

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This is NYSE:KO , strong dividend stock, but the beauty of this is that. Right now it have been testing to create a new high. Ever since it struggle to hold above 54 in 2021 it currently using it as the of what could be a displaced inverse head and shoulders. Primarily a beverage company, unlike its competitor $PEP. Bullish Case - It is not the clearest inverse...

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This is not good or bad but we are coming back to the down trendline. What does this mean? It has been beat up for the whole month of December, and this short term support will face its biggest test of the new year. Bullish case the oscillators have to reset, how could that happen? With the momentum it did time to locate the support angle assuming last week was...

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Looking at the Euro Futures, looks like the market is battling its impact on the market. The more it drops the more the market drops. I am looking that this testing some levels to end the week in a direction. What looks like a bear flag is starting to look over extended. We are at what could be a pivot point on the next quarter direction. Bullish Case - Look...

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Ok I waited for this and really doubt it would pan out. We have a W pattern in the brink of a breakout. Now, lets take the political spectrum. We are not in the climate for expansion after the dwarf star called the stimulus pack from 2020. Even if it was not a recession it is hard to be bullish. So lets get to it Bullish View - Earnings report was...

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Looks like $OXY is in the mix of a bullish divergence. So lets dig. Look at the lower low on the price it is sharp. It needs to rest the oscillator. Here is the thing, if we can hold above the 0 line on the MACD and start to open up we can see the ticker really run. Bull Case we have a divergence forcing the gap up. I am looking that if there is a gap fill to...

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Looking at $AAPL it is going to have to prove that it can hold this support above 125. Looks like we filled the imbalance completely and loss support. Can they hold above 130? Well if not look for it to retest 125 again!?! But this time it might be enough to have it fall to new lows. The rejection of the EMA coincides with this theory. Bullish Case 128 is a key...