tbiktag

tbiktag

Greetings to all! In this post, I'd like to share some thoughts on frequency analysis based on Fourier transform. This mathematical method breaks down data into cyclical constituents (frequency components). Then the importance of each frequency component in the original data is expressed as the square of its amplitude, that is, power . Some time ago I...

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Isn't it hard to be bullish on BABA these days? The stock was trading above $ 300 in October 2020, only to fall under Chinese regulators' pressure. Since then, every piece of related news has hammered attempted rallies and sent the shares lower. The past few days have been no different, forcing BABA to retest the $ 230 zone. Notably, the shares are currently...

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CNK is one of the companies in the leisure and entertainment industry that has made a great run in the past few months. The stock is currently trading about 200% from the October 2020 lows, but still roughly 30% below the pre-pandemic levels. Since Saturday, March 13, the company has started reopening movie theatres in the Los Angeles area. Today we have to see...

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Amid yesterday's tech rally, SFIX opened the session gapping down about 24% after reporting a surprise Q2 loss and lowered full-year guidance. Notably, this drop sets the focus on the previous all-time high of $52.44 set in 2018. During the first minutes, the shares tried to break above this watermark, but ended up closing the session below $50. In the near...

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NVAX jumped roughly 20% overnight after announcing 96.4% efficacy against the disease caused by the original COVID-19 strain. This single move caused the shares to break out from the downside channel and crack through the 50-day and 20-day moving averages. With this important resistance zone left behind, the shares are poised to open just above the yearly...

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I had a close watch on XPEV in late 2020 after it dropped from its all-time high. The stock ultimately saw a breakout on January 12, followed by a vital retest of the 20-day EMA and 50-day SMA on January 15. However, the move was hammered by a broader sell-off that was ruthless to the EVs. Personally, I think bullish sentiment is returning to the sector....

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DKNG is trading in an upside channel after a pullback from its all-time high of $64.20 set in October 2020. It saw a few upgrades this morning and is now set to open the session above that $64.20 level. If I see it hold that mark (and hopefully retest it), I’ll consider the R2 Fibonacci pivot level ($67.14; RM2 on the chart) as a potential intraday price target....

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Looking at the 1 hour chart, TVC:GOLD is trying a break out of the descending channel in which it has been trading since early March. I'll watch closely to see if it makes it through the monthly Fibonacci S1 level (SM2), which recently served as resistance (March 8). If this happens, one might consider entering a long position with a short-term target of $1773...