There exists a short term and long term bullish case for GameStop. Fuelled by the last short squeeze this company has a strong cash position thanks to investors buying up new share issues and is poised to begin turning a profit in its retail division thanks to store closures. Patience may be required to see these consolidations begin to take effect and the...
Bullish rising wedge breakout seen here which if the squeeze is on again could lead to a rip higher soon.
PE dropped to 44.68 from previous PE ratio of 100+. Castle in the sky is no longer flying, we're going 400mph on the ground now. Prepare for liftoff. MACD bullish divergence spotted with heavy oscillator divergence against RSI. RSI rejected bullish control zone earlier this month around last Friday. 1.618 fib extension ratio possible. Take profits at 2, 3, 4, 5...
The correction??? In my opinion and chart theory suggest its time to go long and find the proper to stocks to be in Subscribe for update stock pick and the best sectors to be in so your not left behind!! as for todays daily chart set up I suggest calls at least a week out as chart indicates Goodluck traders like and subscribe as for members that listened and got...
NVDA has been extremely rangey. It has been operating within a larger bearish setup; however, my suspicion is that it soon should be invalidated because, in my opinion, no market top as of yet. NVDA has been in this uptrend channel for some time, more of a wedge I guess you could say: We ended the week right on support and within the next week bull/bear...
Been watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy. Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on...
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...
Hi mates and Trading community so here i am sharing mine a very simple and ordinary idea on Nvidia on the basis of price action support and resistance but hope it will work and will respect to the marked levels. So as we can see that price reaching third time to the marked resistance and getting rejections again from there so i marked up an immediate support...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
MicroStrategy has potentially printed a Head and Shoulder's Pattern. Switching to a Simple Line Chart reveals the Pattern. However the patterns are not always correct at 75% Probability. So there is an option for Invalidation and a Reversal. The Chart Study should be self explanatory. You can also drag the chart to see higher FIB Levels. As always, please get a...
If you haven`t bought OCGN when they released their Covid vaccine: Then analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week, I would consider purchasing the 1.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.22. If these options prove to be profitable prior to...
NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the...
Nvidia ( NASDAQ:NVDA ), the global leader in Artificial Intelligence (AI) hardware and software, is set to release its Q1 FY2025 earnings report on May 22, 2024. Analysts predict a significant revenue growth of $24.65 billion, driven by strong demand for AI-related products and services. Nvidia's net income is expected to increase to $12.87 billion from $2.04...
I am bullish for the rest of the summer on OIH. Energy prices and demand always rise in the summer. The technicals all look bullish, we've been riding a steady uptrend for about a year now and we are the point of breaking out of the lower value area and moving back up to over 400. Currently price sits at the 618 coefficient on the most recent swing hi-lo...
Impulse analysis shows that 5 waves seem to be confirmed. You may soon have a downgrade.
FFIE | Faraday Future Intelligent Electric | idea | key levels NASDAQ:FFIE Each line is important of xd-Band12 good if closing and opening above $1.8
Cup & Handle forming on XOM as the Energy Sector remains bullish in this unpredictable economic environment…..let’s see how this one plays out.
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under two reportable segments namely Dry bulk; Aframax/LR2 tanker; Handysize tanker and Container ship. It generates maximum revenue from the...