Boeing broke it's down trend a couple months ago and has been consolidating, it's held cloud support, recently broke above the cloud and the MA is crossing over making this a buy! New moon printing tomorrow or Wednesday suggests favoring a bullish trend
LLY is WAY overbought here and for a short term scalp we should revisit in next few days $355.96 and $347.21 before possibly breaking out to an all time high as this stock has been in a forever uptrend
Mickey Deez has become way overbought once again and broke out to an ATM. We should easily check back to $274.49 and $271.78 before consolidating and going higher. Scalp trade
Were in a dark moon phase which favors selling pressure. However we held cloud support and the MA is crossing upward, this is very bullish for TSLA especially considering the short interest. If buying options I would go 6 weeks out and add on weakness, the next week we still are in a dark moon phase GL
ORCL recently broke out and is overbought here. If you study the stocks history it respects FIB as support and resistance and always "checks back" after breaking through before consolidating and going higher. For a short term scalp trade targets are $91.41 and $89.83
PG is way overbought here and approaching a shorter term triple top which it wont see on this leg. I would expect a short term correction to FIB .236 $147.12 then cloud support of $145.45 before possibly breaking through a triple top. Definitely a good trade for a scalp if those support levels are broken then we hold the short til next MA or support level. GL
CAT has bounced nicely off support of $215 ish 6 times and the moving averages are crossing upward. I would expect some buying support in coming days with new moon phase. CAT resistance $234 which it hit this morning, cloud resistance around $245 and overhead resistance of $247, if it breaks above all these we have a 52 week high to break through of $266
MA just broke above the cloud, MA crossing up and new moon phase begins tomorrow or Wednesday suggests a bullish move impending much overhead resistance around $370 but it'll likely break through
Disney has bounced off support and the MA are crossing up. We have resistance at $101.43 ish, $104 cloud resistance and overhead $109. New moon printing likely tomorrow favors bullish trends
JNJ broke it's downtrend recently and bounced off strong support of $150, moving avergaes are crossing up we are trading below the cloud so plenty of resistance at $158 and $166,. I would buy and ADD
JNJ is oversold here and near long term support, I'd expect a bounce over $162 in coming days
HRL oversold here on long term support expect a bounce to $43 in coming days
AG is oversold here and good for an easy +20% bounce play
Homebuilder stocks are soaring on short term profit from last year, lol. Interest rates for a 30 year mortgage are approaching 7%, we haven't had the fallout from a recession yet with millions of job losses, foreclosures, defaults, repossessions then and ONLY then would I say we have hit a bottom and it's time to buy. This stock is likely up on short covering,...
This latest rally is garbage floating, these are not to be chased! We are still in a bear market I'd expect a correction to $17 in coming days
AAPL is reaching cloud resistance, downtrend resistance, new moon printing and overall should print new 52 week lows in 2023 as we are still in a bear market and ultimately expect AAPL to fill the gap around $100 before going lower to $81 support.
NFLX is overbought here, we filled the first gap and reaching resistance of $370 and 400, if currently short one would ADD every $20 upward move in share price. New moon printing and several overbought technical indicators. Cloud support of target 1 $312, target 2 $346
OMG this garbage has been run up too fast by the pump n dump crowd! Look at KTRA, this is what happens to these up then back down to reality. Money losing FDA blah blah overvalued