XNGUSD ( Spot Natural Gas ) on the 15 minute chart shows that it has risen to a supply and resistance zone while the dual time from RSI indicator shows a bearish divergence in the faster green RSI line. The predictive algo of Luxalgo for the regression line forecasts price action to be downside. These are enough analytical aspects for me to take short...
MHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC...
AAL is on a 30 minute chart. It had a big downtrend for the first week of the month and then consolidated in a tight range and then a retracment trend up. Price has reached the top of the high volume area of the volme profile. It is near to the standard Fibonacci retracement zone tooled onto the chart. This zone from above rejected price on March 7 and...
UAL is looking to fall 10% from the upper resistance trendline as the summer travel season comes to a close. Shorting UAL with a put option in the money expiring in one month. Current trend shows traders are not impressed by earnings without corresponding revenue support. Analysts will likely soon proclaim a downgrade.
TBT is an inverse 20 year Treasury Bill ETF. At present, the Iran Israeli conflict threatens a regional conflict to include the Red Sea and the Easter Mediterranean where oil tankers must navigate to move oil from producer to consumer. Oil price escalation could go hand and hand with geopolitical escalations. Oil and its derivatives are a primary driver of...
DJT, the Trump media company, had a massive run up after the DWAC merger only to fade and fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in meme fashion but is now falling as fundamentals come to light. In five months the namesake will be able to sell if there is any remaining value. In the meanwhile, the board will...
SPY on the weekly chart is up 25% in the past six months. This is beyond its historical norms even during a presidential election year. While there has been some volatility in both directions the climb is consistent and persistent. The indicators serve to document this. The predictive algo predicts more of the same. A price cut when the fed gets around to it...
QQQ is shown here on the 15 minute time frame. Overlaid are a HMA 7 and SMA 5 to provide moving average crosses. QQQ made a "M" pattern. Options charts are shown in the updates. First Trade SQQQ is opened at 9:48 for $ 6.00 per call contract times 16 contracts. It is closed at 10:05 less than 20 minutes later at $20.00 per contract. $96 dollars the only...
QQQ on the daily chart hit a hpivot high on 3/21 followed by a slight downtrend of 1-1.5 % overall this past week. Buying volumes are low. The Price Momentum Oscillator has reversed to bearish and the Raltive Trend Index has entered the chop zone and is heading bearish. Price is presently one standard deviation above the intermediate-term anchored VWAP....
Ford has scaled back its EV ambitions in consideration of the marketplace while TSLA drops its price in the Eurozone and falls into less than first place in the China EV market. Ford's F-150 truck continues to dominate GM and the others in North America. On the 4H chart, first a price uptrend and then retrace to the 0.5 Fib level and a reverse into a new...
TSLA has the accouncement upcoming. Price will pump for sure. Will it then dump or change the trend altogether? The forecasts are there. The tea leaves and crystal balls will tell the rest of the story. In the meanwhile, I will take long trades to play this in the immediate term. One million taxis making $250 / per day every day per each is serious...
TSLA on the highly reliable weekly chart is at the bottom of its volume profile in the lower part of the high volume area. The TTM Squeeze Indicator ( TTM = Trade the Market John Carter) has printed a signal for four weeks. The RSI faster and slower lines are near to the 50 level. The mean relative volatility has steadily decreased and this is in an increasing...
UROY basically sells rights to mine uranium for a percentage of the production. It is a penny stock in the nuclear subsector of energy which is undergoing a renaissance in this era of fossil fuel addiction detoxification in the context of climate change remediation agendas. The 240 minute chart shows a parabolic move in mid January followed by...
BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart which is acting as resistance. the RSI lines are in the 30s-40s showing the price...
SPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is...
KRRO is in the biotechnology space in the gene-editing realm. It is in portfolios of C. Woods . A recent analyst gave it an upside to 100 which is very favorable given its product line and track record with an all-time high of about $250 ( which is about 450% over current valuation) On the one-hour time frame, it has had a great week and is breaking out over...
LCID on the 15 minute chart is shown with two sets of anchored VWAP lines overlaid being set at the pivot low of April 22 and the pivot high of May 6th. LCID completed a trend down today which began on May 6th. Price has reversed and is breaking up through VWAP band lines on the chart. The faster green RSI line has crossed over the 50 level in the past...
SQQQ on the 15 minute chart has trended down into a reversal at the end of the last trading session. A snapshot of the 3 minute chart inlaid shows a reversal about 14:45 EDT 75 minutes before market close. I took a long trade of shares and call options striking $10.00 for June 14th at that point. I am expecting a 5% quick return on the shares and far more on...