S&P 500 need to hold the 200-day MA! I also don't want to see lower lows! Watch out for possible support levels!
I like this level on NASDAQ:CSX for a long to retest the Major Highs. It is the 50% Retracement since the September low and the bottom of the Daily Ichimoku cloud. it is post earnings and IV has returned to average I am using the May24 37.5 Calls to express the trade.
ROKU: Weekly chart currently sitting on the 200ma . At historical support -resistance zone. Demark Sequential Buy 9 daily. RSI a bit oversold on weekly. Bullish divergence on daily. Are we bouncing here or do we keep going down? Whatever is it, I like the good risk vs reward long entry here. You might argue that we're going against the trend and you're...
Today we will take a look at AMZN. Since September 2020, the price has been moving inside a 20% range approx. That means a little bit more than 500 days there. Why is this interesting for me? Because from long periods of consolidations is where we tend to observe the beginning of new trends. I'm not saying that trend is starting right now but let's take a...
Sen. Ted Cruz said he spoke to Apple CEO Tim Cook for 40 minutes about antitrust bill
CAPITALCOM:ALBES Daily Timeframe Position Albemarle (ALB) may be nearing the end of its uptrend since late March 2020. A long-term Trend Line from the valley in March moves upward against corresponding valleys signifying the uptrend (weekly timeframe). For the first time price has now dropped and closed below the trendline. Although it has closed below the...
A/ Issues: 1) Grow stocks dropped 50% - 70% (long term portfolio) 2) Margin calls 3) Run out of cash 4) Average down? 5) Passive income on weekly / monthly basic B/ Solutions: 1) Review your stock in term of Fundamental Analysis, Business Analysis to make final decision 2) Stay focus in family & health 3) Buy PUT (5%) to protect your account 4) Average down or NO...
Stocks plummeted near close yesterday, cratering more than 100 points. It appears that the stock market is not digesting the Russia/Ukraine issue, with NATO talks 'going nowhere'. We made an attempt to break into the vacuum zone above 4580, but a red triangle on the KRI marked sharp resistance early into this attempt. Subsequently we sold off, smashing through...
I am not saying this will happen, personally sitting in 80% cash besides a few stocks that I still see upside in the next couple months, but could you imagine the pain if this played out. bearish divergence on the monthly Fed turned hawkish. Before you say it couldn't, the 2008 financial crash was 53%. 2000 dot com bubble 60%. Will tech pop this time? or will...
Im also a moonbois,but hear me out moonbois, Technically over from : - Market Structure Break (40K-> september 21 low) - Trade below 20W SMA, 21W EMA or bull market support band over 6 weeks, usually we bounce in 1/2 weeks in previous bullrun - Degrading volume since early November 21, signalling big player is pulling out Fundamentally : - Growing geopolitical...
Looking at the monthly chart there's clearly more downside for NFLX Don't trust a single thing Jim Cramer says he's been wrong 90% of his career
Stocks have continued to press lower, breaking several key levels. After breaking 4580, we made a brief attempt at a pivot back through the vacuum zone to test 4632, but that fizzled quickly. Subsequently, we plummeted back to lower levels, breaking 4545 and finally finding support at 4521. A green triangle on the KRI is confirming support at this level. The...
We won’t be able to reverse the trend with the stocks markets so flaky. Focus should remain on defending the 40k support which might prove a tough one depending on the magnitude of the after hours dump on traditional markets. We have a pretty decent chance to kiss the 30s IMHO. Time to DCA with good max deviation and shop for the best performing assets at...
DATS already up bigly today. I think if it can break the volume shelf and enter the void it will continue to run. Technically I also like the CMF bullish divergence Trade Idea would be shares on this one with trailing stops it can dump just as fast as it can pump. I am in a starter position and will add if it breaks the VP resistance and enters the void GL
WIPRO - High probability reversal zone. Watch the concurrent nature of volume profile near the exact same levels. NOTE - Only high risk investors can positions now, others should wait for a bullish reversal candle.
PRECAMS - Those who are aware of the candle pattern formation, will be well aware of the entry & Stop loss. Manage risk at your own.
BRITANNIA - High probability reversal zone Watch how aggressively the stock has reversed from the same zone in the past.
Hi Everyone. We have had some very strong bearish movement on NASDAQ recently. Is this the end of the bears or just the beginning? We are at a crucial point on nasdaq where if price breaks it will break a very strong bullish channel and we can expect prices to move down further we can see price coming to the next support at 14808, A further break can see price...