NASDAQ:AAPL is starting to look like a really great short opportunity. As you can see from the chart, the bullish trend that started in 2020, broke down in 2022 and hasn't been able to confirm support above it. We confirmed resistance on that trend line in August and now looks like we're going back to test it one more time. I'd imagine this time, it won't break...
AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is...
The earnings gap strength displayed in NYSE:HWM is very impressive. I expect this one to be a market leader.
I have been waiting for a few things to play out before even dreaming of posting the idea of a short. But we are at a spot I will be seeing how it plays out and it may not fully trigger till next week, but figured give you heads up.
Fundamentals Pros - Costco remains a fundamentally strong company benefiting from higher inflation as even wealthier consumers shift their spending habits to look for deals. See www.bloomberg.com (this applies to Walmart but I would argue that this is also Costco) - Costco has been seeing stronger fundamentals than most of the market measured across various...
The eBay stock trend is testing a strong resistance zone at the 53.00 level. On the 1-hour chart, the price has attempted to break this level three times and failed. The RSI indicator shows a similar pattern, indicating strong resistance. This moment, we need to wait to see if the price will break this level or pull back. This is crucial to keep an eye on this...
My dear friends, Please, find my technical outlook for TESLA below: The price is coiling around a solid key level - 168.47 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 177.77 About Used Indicators: The pivot point itself is simply...
Hi, I have entered SLNA on the bases we may see a short squeeze in the market which will result in a good size spike up. This is a HIGH risk investment, but may pay off. Good luck if you join. NYSE:GME NYSE:AMC NASDAQ:FFIE NASDAQ:SLNA
COMEX:GC1! “Persistence can change failure into extraordinary achievement.” -Matt Biondi I believe that we are going to be able to catch a nice HIGH PROBABLE SHORT here on GOLD very soon...Being that price is currently trading inside of this Daily Supply and even clearer the Mitigated 4Hr SUPPLY ZONE!! I'm going to wait patiently for PA to continue to develop...
Meme season has just began. Plan on selling in 15-20 days. Let's see what the waiting will come down to. I expect at least one more move like this.
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
This trade set up call SNRC that use previous resistance as support when price break above and comeback to retest I backtesting this trade set up with Python using 720 day price history data so you can see the optimization heat map this is 58% win rate with 2RR trade set up
5/16/24 - vrockstar - NYSE:YOU - has become my largest single name (almost a 15% position for me, from 0% into EPS). i like it anywhere under $20. the math here is simple - at $17.5 today, you're basically buying $2.5 bn of market cap and get net cash of $500 of net cash (don't use the trading view numbers, they don't include marketable securities - i.e. "cash...
Gold (June) / Silver (July) Gold, yesterday’s close: Settled at 2394.9, up 35.0 Silver, yesterday’s close: Settled at 29.729, up 1.027 Gold futures secured the highest settlement since April 19th, while Silver took out its April high settlement and traded to the highest level since February 2021. Despite the underlying strength and a terrific week, one could...
Not financial advice. NYSE:TSM On its way to the top of channel will this be a break or bust? so far Fibonacci numbers align with the correct retracement. Bulls need to step in. Like and subscribe Thanks.
In an overview, I see a trend and correction that finished at 50-61.8 Fib Ret. It is coming back to new uptrend and in my idea it will start after passing of 165 level. Next targets has been shown in chart. If triggered, set a sure SL for your trading.
The US #Dollar is trading in the middle of its range since Late 2022. It is also holding the recent uptrend well. TVC:VIX is a tad lower today. #Gold & #Silver still look good, Daily & Weekly. Loading up on AMEX:SLV when we stated the inverse head & shoulder was a good move. (took some off recently but still have large position) AMEX:CEF AMEX:GLD
Cisco Systems ( NASDAQ:CSCO ) reported better-than-expected revenue in its third-quarter earnings announcement and raised its full-year revenue guidance. The company's revenue for the fourth quarter of fiscal 2024 was $12.7 billion, a 13% year-over-year decline but higher than analysts anticipated. Net income came in at $1.88 billion or 46 cents per share, down...