DFS just came off an earnings beat ascending triangle breakout target is $120 but i'm looking for over $110 bc i wanna keep it short term this is great tho good value and growth as well as chart clleeeaaannn low open interest on the contracts no one is really looking at this
this chart has given me almost everything in the book to disappoint me W, inverse head and shoulder, false breakouts now we have an ascending triangle if it holds true the triangle is to $54 and the cup and handle is to abt $60 good tech earnings will pick this up to
sell in may and go away? nah panic hold I think small caps r done getting smoked and will rebound the XBI and XLK gotta do better for this to do good weird right but this pennant is super clean
the wedge ABBV is in would put it at about $120 but there are earnings are in a week so it could go either way be careful if you are trading options if the earnings are good it can get pushed to new highs
it would have happened yesterday if biden didn't do anything i think it could go to about $45-$48 if this happens it's a solid company and just beat earnings IWM also looks ready to go boom
what to do with a %43.3 capitol gains tax buy nontaxable assets like government bonds when the demand for those bonds goes up so will TLT this is on the weekly and the MACD and RSI both look like it is time to go long when big money catches on to this method the options chain can go crazy
I used ARKK not SPY for this post because this is a very "Cathie Wood" investment strategy but it is because I believe her and wanna set myself up for what I think will happen In short I think innovation will push us into a new world or a major currency will collapse and cause us to almost reset I am invested in a lot of bio tech and innovative tech because I...
this dip has extended this handle but i dont see an issue there FLNT is a great company and i like em this graph is great to oversold and MACD wants a reversal undervalued imo $10-$17 EOY in my opinion
Timothy Springer is on board with this look up who he is and what he has done it is some crazy impressive stuff I think that when a company really gets T cells right they will be very profitable strong pipeline and partners already also in gene therapy very good thing very big fan
UBER pennant looking for $74 before earnings i think it could workout very well UBER lots of good news a very strong name rn i like it a lot MACD and RSI also dont look over extended
wait for confirmation on this one very scary with COIN and BTC can see $80 if strength comes back to them
DASH broke out of a downward wedge so by proofing it abt $220 is a reasonable short term target price also DASH weirdly liked the UBER news so that is nice i think this one is pretty good the breakout is very clean
i think CRM can break out of this flag in HD fashion which would be pretty great also got earnings in abt 38 days so could get some earnings hype as the market even goes into earnings mode also a good value name if we see high inflation i actually bought this really as a weird hedge to CPI data it doesn't need that to look good tho $230 then $240 then $300 :)
i like this more than DNN, i sold out of DNN for this slight loss wanted to have fun buying at resistance i have a limit sell on this thing at $12. set it and forget it big gap to fill on her i like the break out as well very little selling volume i think it'll move like HD did
i can see 3 different patterns to push her higher 1) this flag i just drew out looks great looking for a break of $4.15 2) fill up a cup and handle, look at PD's chart, makes a U shape 3) inverse head and shoulders all of these make sense for it to go to abt $6 after that and a cool off next leg would be to $10 bonus 4) the moving averages r in great spots
the megaphone should have been disregarded last November after that W break out i'm shocked i have to say that SPX move to $4,100 before pull back small pull back not a crash if anything the IWM is sus. but even that is at a strong level look very calmly leave ur emotions with your jacket we have a great timeline for inflation as well not hyper inflation...
DNN slowly and quietly doing crazy great things if the triangles hold up could %80 to %105 imo a company i'd hold for a while with free shares
MREO is a good company off the bat to fill the cup is a %100 move and after the cup $10 is very reasonable after the handle could have catalysts in the mean time $10 conservative pt this is a swing trade MACD looks great as well