Liathetrader

Liathetrader

Gap fill to the upside on NVDA, and some supply zones but I can see the stock reaching 100SMA around $200 perhaps even this summer.

Liathetrader

I frankly forgot IBM still exist. Last month it slightly broke the ATH from March and April 2013. Yes, it can take 9 years to get rid of your bags. So, trade carefully and have your stop losses or exit plan in place. It's been in this massive channel on monthly for 9 years. Perhaps time to breakout? Earnings sent the stock slightly lower, but I'll keep my eye on it.

Liathetrader

Make it or break it moment for GOOGL before earnings. Fall back to the diagonal trendline, although it's still increasing and also RSI is increasing, let's see if it holds. Tried to break through the resistance multiple times and still trading in a channel. Things are getting tight. Earnings next week.

Liathetrader

I'd not be surprised to see GOOGL go lower on earnings, towards the $100 zone. Today's action after split wasn't the best considering the most growth stocks were green.

Liathetrader

Many tech stocks that are massively down bottomed, at least for now. COIN is above 50DMA and shorter time frames DMA's. This high-flyer is so fun to trade. Up 15% on a day.

Liathetrader

$295-296 zone on QQQ is powerful. We must break that one to continue higher. So far today we're struggling around there.

Liathetrader

AMD could get to the top of the channel around $98 before earnings, which is supposed to be on 8/2/2022. There're some gaps to be filled to the upside and the 50DMA could stay in the way. To me it looks interesting and worth to watch.

Liathetrader

We're about to break the triangle to the upside or head lower again. We have some gaps to fill on the upside and also in case the 10 and 20DMA crosses the 50DMA, that could be a confirmation of a medium uptrend. Let's see this week and next week - earnings season.

Liathetrader

I'm not really trading off of patterns, but this seems like a bearish pennant to me. We'll most likely break lower in the next days /weeks and head down to the low from 6/17 or even lower support zones. I'm hedged as off now with expirations in August and September.

Liathetrader

RBLX is above all moving averages but the 200DMA, which is around $63. Earnings are in mid-August, perhaps RBLX can fly up there? There're some supply levels on the way and the stock must break through them but for now I'm long for a swing.

Liathetrader

The $172 resistance on META is strong and tough to break. Stock tried 5 times and got rejected today again. Keeping an eye on this one. Trend is still bearish, and we need more volume and accumulation to go up but the run in last last couple of days was wonderful. Waiting for retest and will add more to my LT.

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Nearing the D 200MA. It needs to break through and hold and I'm going to be adding to my positions. It got close 4 times in past couple of weeks.

Liathetrader

AMD is in a heavy downtrend. It won't get there in a straight line, but I can see $74 as a super strong support and if we break through 64/65 is another strong support and a gap that could be filled. Trade with caution.

Liathetrader

So far BABA is respecting the diagonal trendline and we've expected this retest. The short and midterm MA's are still in uptrend. BABA is approaching 200 MA, which will be crucial to break and continue higher. We'll most likely retest around there again. Fingers crossed. LT investors deserve some relief in this stock.

Liathetrader

NVDA needs to close above the support around $155. If not, we might see lower prices as it's in an ugly downtrend.

Liathetrader

1.1M call with strike 55 got in a couple of days ago. US government is going to purchase more covid vaccines and PFE increased the price on those vaccines 27%. Dividends are 3.14%. I will take it in this market environment.

Liathetrader

$XOM seems to be creating head and shoulders pattern. Imo the move for energies has been done, at least for a while. The previous support now acts like a resistance, and it failed to hold above 91.20 yesterday. I would be careful as it might be a change of trend and also could be wave 3 out of 5 on the way down. Still LT trend is bullish. We shall see if the 100MA...

Liathetrader

YUMC - some China related names truly look delicious. YUMC is an American Chinese Fortune 500 fast-food restaurant company based in Plano, Texas, operating in China. Lockdowns are soon over. China just decreased quarantine requirements from 14 to 7 days. This stock is sitting on 200MA. Ready to fly?