PaperBozz

PaperBozz

NYSE:SNOW Looking good! There is overhead resistance which is convergence of vwap and 200 DMA around $169 to $171 area. 👀 If it can overcome that area, it can run to $180 to $183 area.

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NASDAQ:SOFI The combination of trendline and POC volume resistance was too strong to overcome. We can't afford another rejection from this trendline. Need a breakout. If it happens, the measured move is $9. 🙏🚀 We know CPI tomorrow will be bad. Normally the stock reacts badly to bad CPI.

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I still think Boeing needs to check back on that trendline around $148. I am not a buyer here. There are so many more shoes to drop with Boeing.

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NYSE:CCL Bounced from the trendline. Still hanging onto that triangle. Need to get above $15.50 which is 200DMA + 50DMA to start an uptrend. 👀

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NYSE:BABA Alibaba is trading above 200DMA and broke out of the year long descending wedge with the measured move of $104. It is about to hit the next volume resistance area around $83 area. With RSI entering overbought territory does it still have a momentum to keep going? That depends on May 14 ER.

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NYSE:NET Cloudflare is retesting the base breakout trendline. It could provide good support and a bounce. 👀 If this support fails, $66-$67 area is next.

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NASDAQ:RKLB Looks promising for a breakout. Needs follow through. But it is a good start. Expecting $4.93 to $5.00. FOMC meeting this week. This stock has adverse reaction to rate shocks and fed policy. So keep that in mind.

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NYSE:PINS hit $31 area that I was expecting and the stock did a huge red to green move. April 25 ER will decide a breakout or a breakdown. I am leaning bullish. Targets: $36 $40 Risk: $25

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AMEX:KWEB A convincing descending wedge breakout on KWEB. This will lift NYSE:BABA NASDAQ:JD NASDAQ:PDD $BIDU. Targets: $32 $36 Risk: $24

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NYSE:SNOW Snowflake is back above the trendline and trading around the Point of Control resistance area. Oscillators are showing bullish divergence. See Mar 27 post for price targets.

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TVC:HSI $17,000 has been a big resistance. It is on the verge of breaking out. Once it move above 200 DMA, it could head to 18,500. NYSE:BABA AMEX:KWEB 👀

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NASDAQ:ADBE Adobe is getting close to $456 stated in March 15 post. Why do I think $456 could provide strong support? It's because it is the convergence area of two VWAPs and the 50% golden fib retracement zone. Can it overshoot and fill the gap around $440? Possible.

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NASDAQ:RKLB Rocket Lab is showing signs of a turn. MACD is about to do a bullish cross. RSI is turning up. If it can break out of the descending wedge, it could run to the $4.93 to $5.00 area. With high short interest, a positive catalyst could cause a big rally. Share shorted -55 millions Short Interest - 19.06% Days to cover - 7 days Keep in mind though...

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NASDAQ:META is losing momentum. Oscillators are currently trending down. The company better bring a blowout quarter on April 24th ER or it risks filling the gap and checking back to that multi-year trendline. 👀

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NASDAQ:TSLA Tesla is about to check back on the trendline that started since 2020. If that trendline breaks, $105 is possible. $138 could provide a good support. 👀

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NASDAQ:RKLB A series of unfortunate events! Here is the chart where I plotted out a series of events that happened since September 2023. It shows the accumulation distribution and FINRA short sale volume. 1. You can see the stock has been in distribution mode since Peter sold 3.6 million shares. It is a small amount compared to what he owns, but it killed the...

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ICEUS:CCK2024 Uhhh... Cocoa. The most it can rise to is $12,933. I didn't read the article. It is showing all signs of exhaustion. Volume is decreasing while the price is going parabolic. The oscillators are showing bearish divergence. It is close to a pull back, if not out right crash to 8000 area.

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NASDAQ:DKNG It appears that it might check back the trendline. The earnings report will determine if it bounces from the trendline or breaks through it. 👀 Watch fib lines for potential support areas.