I am bullish on this stock there are some reasons for it. As I see there is a nice uptrend as moving averages supported it. this week stock tested its 20 EMA and did not break it down. I guess as soon as the price stay above moving averages it could bounce up.
I see double top pattern on MU at 64.8s level. After strong bounce from it 200MA I assume it could retouch that level. I am waiting until see touch.
I am bearish on GE I think that there is a strong level between 85-87 from Nov 2021. In my opinion for this stock overpriced and needed some consolidation
I see the diamond pattern on SPX but I am still unsure if it is bullish or bearish. In my opinion, before earnings season market could consolidate and we can test the 3700-3600 range.
I am extremely bearish on NVDA and see a double downtrend parallel channel into NVDA. I will not surprised if NVDA will fall into new lows.
I am bullish on ENPH. Despite there is multiple top pattern, there is a nice uptrend on MA's. I assume ENPH if break recent highs it could make new highs soon.
I am bullish on UBER as it won't break moving averages and stay above 20 and 50 days MA's.
I am bearish on SPX as I mentioned in my previous idea (linked) my price target is about 3657's. I think from Monday 28 Nov 2022 SPX could fall
It seems that the weight of stocks in the S&P500 stocks moving averages above 20 days peaked. I assume that SPX will fall to make the new bottom. While thanksgiving this week there should be sideways. this strategy could work next week
I am looking for the best strike to put on MCD. In my opinion we could see some bearish move on MCD
Walmart is one of the important stocks for measure CPI. I think with tight stop it will interesting to be bearish on WMT
I am very bullish on UNH stock. I think it could make new high
I think 181 is key level for CVX. if it breaks below I think it continue to fall.
Home Depot closed between EMA's this week. After strong earnings they can not perform upside. I think it could be related with IV. for that reason HD need to consolidation. I think we could test november low's
IMO Cost looks weak. I will not surprised if we test EMA below.
Despite Semis' weak this week, AVGO looks strong. with tight SL I am want to see bounce up next week for avgo
My short plan worked this week. I think short-term uptrend could be on Tesla this week. With tight SL I am long on TSLA
I think Apple looks too weak, it can retest the previous week's low.