goledger

goledger

I consider $SHOP a good investment in the $1200's, and a compelling investment in the $1100s. But Shopify is not necessarily a great short-term trade, today and next week. Shopify likely to be oversold, near-term. I own shares long, and will selectively add to these holdings. I also own one in the money December call that will most likely be out of the...

goledger

But it might not be until the stock hits $45 - $46 I should have followed the 3 day rule, but $49.50 to 50.00 a share looked appealing last Friday.

goledger

Might have a chance to add to your position in the low 1300's high (or even high 1200's) shortly after earnings. At least that range would present a more compelling buy opportunity than $1400. But short-term movements are mostly unpredictable. Don't like seeing recent weakness in SHOP at the same time NDX is have a bit of a rally.

goledger

Today's earnings news will be digested by middle of next week. But we'll still be talking about semiconductor shortages for months to come. I wanted to slow it down by looking at the monthly chart with a long-term linear regression channel. Intel might be a bit oversold here. Monthly chart not a great way to view stock movement relative to earnings,...

goledger

Previous chart had linear regression set at 65 days. Both use 2% standard deviation. Moving average line on volume = 12 days

goledger

Just more buyers than sellers ... right? Or maybe market is anticipating better than expected revenue numbers with pending Earnings Release. Anyway, 13 days in a row and a mere 68% increase in price/ market cap month to date.

goledger

Market (at the least the stocks I prefer) appears to have support around 14770. This level was significant on July 27 and August 19. Both of those days opened weak then turned green. But I believe 14,770 is tenuous support at best. This current NDX run started around May 11th at 12,950. My concern is we might still be in for a downside surprise or two. I...

goledger Updated 

$EXTR Oversold candidate due for a bounce. Near term trading target price $10.80. Can also be bought as investment. $JNPR interesting as well. Both need some cooperation by the Nasdaq.

goledger Updated 

BTC has been under selling pressure since the 6th of September, but may have found near-term support. Note the current Pivot Points P and R1, and recent price behavior of this crypto. My apologies for the way tradingview reformats the OHLC bars (reduces them to barely visible). The chart is much more legible before they change it to micro bars, shows conformity...

goledger Updated 

But currently watching. I hold BTC, ETH, ADA and DOT. I'm going to use the $44,000 to $45,400 range on BTC as the signal to queue up the trade. Most likely will add to ETH and ADA, as BTC is currently my largest holding of those 4.

goledger

Start of this selling cycle was just prior to the ex-dividend date which resulted in a sizable drop in price. Then RIO came under more selling pressure re headline news and Afghanistan. Looks like it might have some support around $68 but also note that's it's currently resting on the lower limit of the YTD linear regression band. Worth adding to your watch...

goledger

and that volume carried through in early September. Would like to see it close above $168.74 and to see the CMF reverse trend.

goledger

I know. Safer to buy a stock trading at a all time high (like AAPL) than hunt for oversold idea ... Unfortunately if we get a pause or a pullback in this NDX, stocks like ADSK will take another haircut as well.

goledger

Counterbalancing the money I lost buying puts and $SQQQ last week.

goledger Updated 

Stigmatized with legacy payment concerns? Non-participant in recent market rally. Arguably oversold ... Can we might anticipate a bounce: • to the mid $170s (see green line) or perhaps • low $180s (see anchored VWAP, yellow line) Does OBV ever really act as a coiled spring? Consider as candidate for accumulation on further weakness, in long-term investment...

goledger

"Three Green Soldiers" for $PK Might be a sign of reversal ... or who knows ...

goledger

How can you tell when a stock makes a double or triple bottom? these chart patterns are hard to see sometimes. ... just a rhetorical question. I'm sure $PK can move either direction in the near-term. ... but hopefully higher in the distant future.

goledger

My NIO observations: Chart is a daily, Heikin Ashi candles, with 117 day linear regression overlay, using a 2% std deviation spread. Chart also shows classic pivot points, current only. 117 day period chosen for March 1 starting point. NIO has been in an uptrend since March 1st but is currently trading below its trend line. Likely support shown at Pivot Pt...