rextradezz

rextradezz

Meta trading within the range of $310-$316. A break above $317 would confirm uptrend. A break below $310 would confirm downside coming possibly to $300 to complete gap fill. CPI news could be the determining factor of this.

rextradezz

Trading within this triangle pattern. Could see it drop in PM but then retest 21MA by the end of day tomorrow heading into a big Thursday with the anticipated CPI print.

rextradezz Updated 

AMZN has been weak starting off August but it has placed us in a position to catch a bounce off of the 21MA around $131.00. After bounce, it could rally higher to $133 before earnings on Thurs (8/3) AH.

rextradezz Updated 

TSLA currently trading under the 21MA and technicals not looking great. Also, bad news have been coming out on their steering wheel and if it gets recalled, that will be bad. I could see a fake pump back to the 21MA before dropping more. Seeing it hit $255 by the end of week and maybe $240 next week if no good news occurs.

rextradezz Updated 

earnings coming up tomorrow AH. It has been slowly creating a bull flag pattern. Leaning bulllish but earnings will determine that. Currently trading above its Daily 21 MA. I would like to see it pull back to around $113.75 or the 21MA before continuing up heading towards its earnings.

rextradezz

MSFT just bounce right off of golden pocket fib. Earnings AH tomorrow and I could see it trade back to $350 before earnings. Leaning more bullish with PT at $357. With MSFT placing a fee to use its AI as well as raising fees on MSFT 365, I see a great outlook for guidance. I hope that we have a great earnings report tomorrow.

rextradezz Updated 

Since revenue missed on earnings report. I would like it to retest its former support at $431 to confirm it as a resistance before going lower to fill the bottom gap at $422.89-420.88.

rextradezz Updated 

GOOG trading back inside this channel. It has been respecting the 4H 50MA really well so I expect it to continue with a bounce around this $122-123 range. I see it rallying up to $125 before its earnings report on Tuesday 7/25 AH.

rextradezz Updated 

With a nice pullback today, I am hoping it pulls back a little more at market open to $351.43 before its continuation back up. Although, it is currently respecting its 1H 21MA around $352, so just keep an eye on it if it breaks below next support will be the $351.43. I can see it retesting $360 next week before earnings on Tuesday 7/25 AH.

rextradezz Updated 

AAPL soaring today after news that it is creating its own AI bot to compete with Chat GPT. It went as high as $198.23 before settling around $195. Earnings coming up on Thursday 8/3. It can retest the ATH this week especially after restesting and closing above the previous $195 resistance.

rextradezz Updated 

It was trading nicely in this wedge formation but it broke out before earnings. I was hoping it would trade inside until earnings but I guess it wanted to start filling in the gap it had. Still has room to fill up all the way to $507.57. Good earnings report with huge subscriber count could push it to fill the gap. If it reports lower subscriber count then we...

rextradezz Updated 

Earnings coming up WED(blue line). Looking for a huge surge this coming week heading into earnings. Would like it to retrace and bounce off $280 but I feel like it could gap up on Monday. Looking for it to hit $290 by Wed before we could see is hit $300+ AH in earnings.

rextradezz Updated 

broke resistance of 104.82. I would like a retest before going higher. If banking earnings go well with good guidance, it could go to $107.42. If that breaks, $110.25 is next target.

rextradezz Updated 

META has a chance to fill its gap up to $316.97. Depending on tomorrows PPI news and unemployment data, I see it possibly moving up filling this gap. Good PPI means high unemployment and low PPI. Anything other then that, it could trade sideways or down.

rextradezz Updated 

Daily timeframe inverse cup and handle. Has 2 gap fills in both directions. It will fill either one tomorrow depending on how CPI data is. Leaning more to the bullish upside due to the market sentiment that CPI data will show a cooldown from the 4% May data.

rextradezz Updated 

Based on its history when trading above the 10D MA, when met by a curve above, it typically means it will retrace back to the 10MA. It has a GAP to fill from $447.46-446.75. Looking for short term retracement before pumping higher.

rextradezz Updated 

Inverse hammer on the 4H timeframe = huge selloff on huge volume. Seeing a good bounce right around $450 which happened to be golden pocket fib. I would like it to sell off a lil more maybe fill that gap before next leg up or before earnings. Could possibly consolidate sideways or form a flag before earnings.