GH and a few others looking to continue ascending channels/triangles into possible upward breakouts, 40+ impending
NVO has had a rather slow break of a bull flag and resumes on an upward channel/ascending triangle, above the top green line and we should see 200$+ in the coming days
NVO bull flag playing out, weight loss drug hype carrying the stock along with denmark GDP assistance. NVO is larger than the entire GDP of denmark and is assisting in keeping the country from default.
SPY came very close to our price target of 430 but is looking to bounce back to 450s to coil up into this make or break pattern. Macro factors will decide the fate of this but we are feeling new all-time-highs around 500 before a major correction.
TSLA and NIO both broke resistance on the downtrend and have a strong reversal of RSI on powerful volume, hard to short story stocks for long, and the EV hype is strong.
BTC finally breaking trend to downside, this could be a long squeeze, but be careful of a fakeout. RIOT and MARA will plummet as well.
Where I was previously bullish, U is set to be hit very hard due to terrible EPS and financials among the tech sector which was clearly overheated. I believe we have been in a recession for months, and Apple having slowed growth is a key sign that SPY is headed to 430 or lower.
I have entered a put position on ROKU among others as this macro reversal hits poorly performing (financially) tech stocks the hardest
I have flipped bearish if you couldnt tell and am looking at key players that will crush the sPY down to at least 430, apple is one.
SPY looking for 430ish obvious sell offs for many rallied tech stocks. After apple earnings well short, which is rare, it looks like we have been in a recession for a few weeks. With the yield curve at historic levels will this be just the beginning?
Looing to re-enter call setups on nio around the support line weve played multiple times this year. Have to make sure tesla is shaping up and china hype remains.
NVO has been killing it lately despite a miss on earnings. Guidance is key here for a positive breakout. If this flag breaks upward we will see 210-220$.
FTNT was pointed out by MoC as the top cybersecurity play in the market. This stock has sold off at irrational levels even after strong earnings. Looking for call setups into Oct-Jan.
Bitcoin attempting to break handle on a massive cup. Will be a major reversal if this succeeds since volatility is the lowest it has been in years.
APDL is a highly shorted stock that looks to most likey continue downtrend during this economic turmoil. The stock has risen many multiples over the last few months and recently broke downward out of a large medium term channel.
A pivotal moment impending for Bitcoin with a huge cup and handle and uptrend leading to the 30k region. With the etf news incoming and coinbase custody news and other long-term bullish factors, BTC is looking to break upwards in the coming weeks.
Looking for a short term put setup on nio with a coiling RSI. red market today people are looking to exit profit positions, will likely enter 12$ puts a few weeks out if this continues and 20 day SMA support is lost on at least 4 hour.
NASDAQ:PGY is one of my biggest winners in both spot long term and medium term call setups. I rotated my Aug 2$ strikes into September 3$ and have some later dated positions as high as 5$ strikes. If this is a new area of support Pagaya looks strong into earnings.