arusso11

arusso11

WMT had been beaten down heavily on earnings, but seems to be wanting to break out now. Claimed the 20 EMA with the 200EMA right above it looking for a break of that then first PT the 145 level.

arusso11

This chart is actually a set up we featured a couple weeks ago. With a short term swing on PLUG from low 30s to low 40s. PLUG found resistance at the level we expected to find resistance. For this next set up I plan to wait for PLUG to break the resistance, and turn it into a new support. I believe the news of Biden's infrastructure bill can help push a lot of EV...

arusso11

Last week, QuantumScape began a public offering of 13 million Class A common shares. Offering usually have short term negative effects, but can be beneficial long term as a company can use the offerings revenue to grow. “QuantumScape intends to use the proceeds from the offering to build a larger QS-0 pre-pilot line than recently announced; to cover its full share...

arusso11

AMD is a company I have been bullish on long term. It has been quiet disappointing for a little while now, but things may be changing soon. It broke out of the downtrending channel it was trading in, it came down to retest the old resistance of the channel as new support, and re claimed the 200 EMA showing strong signs of a new uptrend. Strong support is around...

arusso11

re test 200 to push to 210-220

arusso11

GE looking to breakout

arusso11

March 8 - Wolfpack Research released a short report. The stock price fell about -11% on the day. March 18 - Public offering of 32,000,000 shares. The stock price fell about -9%. SKLZ has been heavily beaten down, currently sitting at roughly 60% down from all time highs. Cathie Wood/ Ark Invest added 745,700 shares to their position on Thursday, March 25, totaling...

arusso11

TGT looks really strong here. it needs to hold 200$ so I will be looking for a re test of the old resistance (200) where now it should be new support for a move to 210-220.

arusso11

Head and should pattern on the daily. It would usually mean I would be looking for a short set up which it could happen. Look for the neckline to break to enter a shot. Right now we are sitting on an important support level and the 200 EMA. I actually like this for a long set up with the fir PT shoulder level and 2nd PT head level. Stop would be under the neckline...

arusso11

33-36$ Can be a good entry point for long term investors. Keep in mind NIO had bad news with having to close down it's factories for 5 days due to the chip shortage. NIO is not the only company affected by this chip shortage. It will be a short term issue, but I don't see it being a long term issue. Earnings for NIO will not be great until Fall 2021 and early into...

arusso11

$HBIO has a big retracement and is coming back up I believe we are coming into the 3rd wave which I did the extension to the 1 which is 8.58 using 0-1 extension with 2 as bottom. Could dip more to $5.10 where it can be another area to add more on long position. I didn't plan out the 4 and 5 cause I want to just ride it with the 3rd wave.

arusso11

$HBIO has a big retracement and is coming back up I believe we are coming into the 3rd wave which I did the extension to the 1 which is 8.58 using 0-1 extension with 2 as bottom. It can also dip a bit more to the 5$ where could be another level to add more. didn't plan out the 4 and 5 cause I want to just ride it with the 3rd wave.

arusso11

Possible swing for this week $BNED in an upward channel, bounced off of previous support on the daily. Entry would be around 8.05 when it comes back up to 20 ema the yellow line is a previous high on the weekly chart so if it pushes past that 8.26 we can see if come back up to the 9 Target 9.18 my stop would be previous support around 7.70ish.

arusso11

I am still currently bearish on NIO, but I see two potential trend reversals on the daily time frame. Potential bull flag and potential inverse head and shoulders. I will be looking above 46$ to take a long position on it. So let's wait for confirmation.