CVS has broken out of mid term downtrend resistance line and consolidating for next move higher Long term bullish *Pls do your own D.D.
SQ has flashed a rather completed head and shoulders pattern. Should price gaps down below 200, in the next few months it could goes to 143 by price projection i could be wrong Kindly do your own D.D.
DXY, the US dollar index will be trapped in triangle shown. Forecasting an inverted head and shoulder before going up even further to the upper resistance of triangle There is also a slight possibility of DXY continue to go down as drawn by purple arrow I reckon 94 will be crucial in 2nd Quarter of 2021 Pls due your own Due Diligence.
VUZI, Price could continue to drift higher to ATH 28 -32, but i feel the weakness starting. (i could be wrong) For a very light retracement, i expect the price to retrace to 13-15, unless something seriously gone wrong, then the next deeper correction price will most likely be 8.50 - 10 Pls note that i cannot predict the price but always prepare for something...
Very simple narration Mondelez is famous for production of OREO cookies, i have been eating it so often. Chart wise, it has been consolidating after a big plunge in Feb-Mar2020 Moving forward, i am bullish with the future price but do NOT expect price will move like GME, never This is steady going stock for long term and patience investor *Just my opinion Not a...
NVDA, the leader of the leader in semiconductor industry, has been trading sideway Although not saying history will repeat, the last correction was pretty substantial of -55%, will it happen again this time? Maybe or maybe not. Well, i personally feel that if there is 280 - 320 range happening in future, i would be interested to look at it *Pls do your own due diligence
In the entertainment sector, Dish network seems to be lagging while stocks like Disney, ROKU, Comcast had flew like there is no tomorrow. However, price had broke out of mid-long term downtrend line, it is a bullish sign for next 1-2 years to come That is only in my opinion, not a buy/sell signal
It seems perfect that right shoulder could be brewing for APPN, only time will tell *Solely for research purpose
Dropbox used to be extremely useful for additional storage in cloud, however, due to whatever reason, stock price has been pretty dead since 2018 while many of its counterpart have launched to twice or thrice DBX current price. However, there seems to be a silver lining as the round bottom chart pattern has been cooking for 3 years. If it ever breaks above the...
Selling dreams to the commoner have proven to be the best money making strategy SpaceX, can anyone afford to launch beyond the earth? I really doubt so, even if it is possible, it will be next century If my channel is drawn correctly --> might be a curve fitting channel, price looks rather tired now. Plus both indicator pointing down, though i am not ardent fan...
base on weekly chart, could QQQ be actually forming a bigger head as shown? a few routes aftermath are proposed, it will not be rosy but highly fluctuating tighten you belt and embrace for some downside if you have not short any position as a hedge ultimately price will go back up, just need to be patience
DKNG has been consolidating for 5 months, look set to break above Before of flush down to wash out weak bull before going up if consolidation can continue for another quarter, the breakout is more powerful
Sector rotation time. Technology sectors look set for retracement (no idea how deep it will be), at best 9 months of consolidation a few zone have been identified
Basic on chart pattern, Double TOP has formed. It is a shorting trade for me. Targeting around 35, hard to put a timing on it but give it within 6 months
It is extremely weird to short a stock but channel resistance and price at the apex of rising wedge appeals a lot to me. Two potential routes going forward for next 6 - 12 months, time is the only factor i cannot control 1. More pessimistic route is highlighted in blue showing ultimatum of best long price around 25 -30 2. More optimistic route is highlighted...
If i get this channel correct, Ethereum could be having a year long consolidation as a descending triangle with wave count of A-E I could be wrong, you are welcome to post your charts ^_^
this is down to my most basic combination of trade set up 1. Uptrend channel support 2. + potential hidden bullish divergence with round bottom basing 3. confluence of horizontal support at 43-45 Either i can long 100 shares outright when price reach target zone or i can sell put options to get it exercised Contingency plan, getting out at 42.5 as it might also...
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