After the SPY major sell-off today. I am still wondering if this is the small pullback for the ultimate top? Or the correction has begun? I believe tomorrow will be a critical point for us to watch. Whether it will bounce back up to reach the final top 4250-4270 or it will break the channel to find the next support around 4135. The market is very tricky and...
Great company with steady increasing net income and margin profit after last week's earning's report. I always wait about a week or so to enter a position after their ER. An ascending triangle is forming. 1 target: $101 Ultimate target: $110 + Stop loss: Closing out of the triangle. For self-education use only. Not financial advice.
According to what I see. The market top is very near. I am not a bear, and I even have a large position of SPY in my portfolio. When SPX near the 4250-4270 range. I would suggest myself to close all long positions and wait for what will happen next. I don't recommend to short the market at that point because it might be very choppy and tricky for options traders...
High volume at $52.3 support last week. Ascending channel. First target: $57 Second target: $60 Trading difficulty: 2 For self-education use only. Not financial advice.
People forget that crypto and commodity trading never sleeps. volatility = more trading = benefit for exchanges. This is the perfect setup for tomorrow's (4/28) earning's play. Strong support: $201( If this doesn't break, build your position from here!) For self-education use only. Not financial advice.
Great company with great financials. In their last SEC filling, they increased their holdings by 1,601%, one of the largest institutional increases this quarter. I believe the upcoming Earning's report will pop their stock price. 1 target: $144.4 2 target: $169.5 Good upside potential with easily manageable stop loss. For self-education use only. Not financial advice.
Target: $57 Stop loss: $65.43 For self-education use only. Not financial advice.
Overall uptrend for $ETSY. Support at $210-$215. AS long as this still in the trend, keep your position. EPS getting higher, revenue getting better. There's no way this couldn't play well before earnings. The road might be bumpy in the middle, the sunlight at the end will be brighter. For self-education use only. Not financial advice.
Keep an eye on $NKE. Use $130 as support. As long as it doesn't close below $129. It has a high possibility to bounce back up again. For self-education use only. Not financial advice.
First target: $23 ~2.6% profit. Second target: $25 ~9.8% profit. That sees how far it will go after we reach the first target. For self-education use only. Not financial advice.
From looking at the past. Every time $HWM reached its All-time high (ATH). It dropped and consolidate. Be careful when $HWM reached its ATH again which will happen pretty soon recently. Better cash out some part of your position or use the put option to protect your investment. For self-education use only. Not financial advice.
Strong support: $295 Upside Target 1: $344 Stop loss: $317 (or below 200 ema) Target 2: $373 For self-education use only. Not financial advice.
We can clearly see an overall uptrend for $TXRH. However, it is consolidating sideways these days and deciding where is the next move. Target: $105 I'll prefer to wait patiently and see its next move and deciding if I want to place the trade. For self-education use only. Not financial advice.
$SBUX is hitting the resistance of the upside of ascending triangle. We can clearly see the volume is getting lower which means it has a higher possibility that it might fail to have a breakout. Fundamentally speaking $SBUX is a seasonal stock. It might have a pullback while summer is arriving. For self-education use only. Not financial advice.
As long as $ABNB keeps above $177 and getting more volume. It could possibly be a sine wave play. Wait patiently and see if it gets its momentum back. Target: $200 + For self-education use only. Not financial advice.
Even though $TMUS is still overall in the down trend. However, we see it formed a bull flag now. The safest entry point might be waiting for a breakout. For self education use only. Not financial advice.