theapearmy

theapearmy

NYSE:LUV Daily: - Climbed above the 200 DMA, with 20 and 50 DMAs aligning for further upward momentum. - Bullish if we solidify support at the 30.16 level. - Earnings on Jan 25 (Thurs) will be crucial to see if this uptrend is genuine or just a false breakout. - If not sustained, we might soon retest the 27.31 low. Note: Airlines remain a mixed bag with cost...

theapearmy

NASDAQ:CLSK Daily: Expect ALL miners to mirror #Bitcoin's trends; some more intensely. Targeting a 200 DMA tap and consolidation as we approach earnings on 2/8. Less likely but possible: breaking below last month's 5.73 low will send us to $5. In the meantime, I expect RSI and MACD to begin an upward curl between now till Bitcoin's April halving.

theapearmy

NASDAQ:MARA Daily: Doji print could signal a strong reversal ahead. But, it's all eyes on BTC for this to play out. Still anticipating a BTC dip, which may ultimately drive MARA down to its 200 DMA. The key? MARA's floor is tied to where BTC bottoms out.

theapearmy

NASDAQ:OKTA Daily: Currently rangebound with no clear direction. I'm anticipating two scenarios with respect to the 200 DMA: 1. Base on the 200 DMA, consolidate, then trend up around ER at February end. 2. Drop below 200 DMA, but rebound from range bottom. This coincides with potential market weakness in February. In both cases, I expect OKTA to test range...

theapearmy

AMEX:ARKK moved nearly 8% higher since I shifted my focus towards small-cap potential in my initial post. Price is currently testing supply and approaching my target of $45. In anticipation of a potential market pullback next week, I may consider trimming my position. However, I'll continue to monitor the market closely and keep an eye on the gap fill above $46.41.

theapearmy

NASDAQ:PDD appealing setup - remaining subdued throughout the day, setting the stage for a potentially stronger push. If it surpasses $82.83, we can expect a move towards $84, followed by a possible pullback before attempting to test the 61.8% retracement level at $88.45 (gap fill). PDD's showing promise with the recent distribution of $697 million USD in deep...

theapearmy

NASDAQ:PYPL displaying relative strength with price advancing 6% since my previous analysis (considering the stock's historically low valuations and the expected clarity on their leadership outlook later this year). It remains one of my favorable long-term trades despite debatable growth outlook. With selling pressure gradually diminishing and I expect a gap fill...

theapearmy

AMEX:SPY continues its strong stock rally following the #FOMC announcement, squeezing shorts and maintaining a daily relative strength (RS) of 77 as bond yields fall. Momentum remains robust, but technicals are starting to suggest a pullback is overdue. Pre-market conditions appear relatively flat, so we'll have to wait and see. I expect a meaningful decline...

theapearmy

AMEX:SPY made a significant move to the upside on Friday, surging back to the $420 level. This was largely driven by an AI-driven surge that positively impacted both the tech sector and the broader market (including banks). However, it's crucial for bears to prevent a weekly close above $420 and look for a pullback similar to what occurred at the beginning of the...

theapearmy

AMEX:SPY experienced a significant sell-off at the beginning of the past week, followed by a strong bounce near YTD highs. Undeniably, technicals appear bullish due to the strong bounce, particularly with TVC:VIX volatility subdued. However, given the upcoming #FOMC and NASDAQ:AAPL ER, I'm watching for volatility to resist further suppression. This pivotal...

theapearmy

NASDAQ:MSFT struggling to break to higher highs, fully expecting a test of the lower channel TL. Positioning: Bearish in the near term until it retests the lower channel TL

theapearmy

NASDAQ:META rejected crucial pivot last week, note - this pivot has acted as resistance since 2018. Might look to position myself post-earnings. Positioning: Bearish in the interim

theapearmy

NASDAQ:QQQ eyes on tech earnings (MSFT, META) this week. PA distributing like SPY between critical levels, but currently looking bearish after failing to break out of pennant. Both need to break respective pivot points for continued downside pressure to bottom TL. Positioning: LT Short

theapearmy

AMEX:SPY pennant pattern intact, supported by gap down weakness last week. Has been distributing between key levels with 410 pivot showing resilience. Watching for a strong break of the pivot level for aggressive flush to lower blue TL. Positioning is LT Short

theapearmy

NVDA showed strength yesterday after a gap outside flag, shorts need to see it break gold TL for downside momentum. I recognize that NVDA has had a lot of buyers piled into it even at these levels. Note that the H&S will be invalidated in the event that NVDA goes up with SPY (a consistent pattern).

theapearmy

NASDAQ:AAPL had rejected the same trend line 4 times above. Overall I'm bearish especially with down news on PC shipments and insiders selling. Price action broke TL and failed to reclaim upside. Look for the distribution to fill gap below 159.

theapearmy

AMEX:SPY gap filled yesterday really quickly, but rejected at top and bounced off gold TL in EOD flush. Expecting CPI or FOMC minutes as catalyst for downside. Note: bank ER is right after FOMC mins. Also, over $7.7B+ dark pool traded between 409.2-409.6 level; may act as S/R as this week unfolds. Position: Eyeing downside momentum - watching how the market...

theapearmy

$SPY needs consolidation for potential H&S. Decisive break above gold TL may trend higher, or we'll see re-entry into zone. Will be adding a short lot near $410.48 level. Being mindful of this seasonal month so consolidation for SPY is crucial. Keep in mind, bank stocks kick off a new season of earnings in a few weeks.