ProfitProf

ProfitProf Updated  Jul 11

NASDAQ:FUTU gapped up sometime in September 2024 from the double digits to the triple digits. This gap and run was a result of a breakout of the saucer formation on the weekly chart. Ever since then it has had a muted showing, trading in a channel with a resistance of about $130 and a support in the $90ish range. Within this channel, NASDAQ:FUTU has...

ProfitProf Updated  Jul 7

NASDAQ:UPST Classic Bumbum is a new term and I will probably file copyrights to it 😃 UPST has attempted to breakout of a cup and handle twice on the weekly chart and failed. The second attempt is extended and recently broke upward from the handle. The Bumbum simultaneously formed a saucer formation in the process which is a bullish reversal trend. With...

ProfitProf Updated  Jul 3

I have been tracking this pattern that NASDAQ:AAPL started forming in April for some time now. This is a classic symmetrical triangle formation with significant consolidation in the last trading sessions. This patterns typically lead to a breakout in either direction, and since price is near the apex, a breakout is imminent within 1–3 trading sessions. ...

ProfitProf Updated  Jun 30

On the monthly chart, NYSE:SNOW just broke out of a 3 year channel. This presents a strong bullish signal. With growing demand for AI and a significant expansion in the sector, I see this moving up the scale. On the weekly chart, it has also formed one of my now favorite patterns - the "DOUBLE BUMBUM". This undoubtedly confirms the trend upwards. There is...

ProfitProf Updated  Jun 30

I think I am beginning to like this classic bumbum formation. NASDAQ:SOFI broke from the classic bumbum formation and retraced back to its support levels at $8. It has recently started making a bullish reversal move back to $15, in the turn forming an inverse head and shoulder formation. If the current momentum is sustained and the $16 resistance is...

ProfitProf Updated  Jun 27

Overview Name: Advanced Micro Devices, Inc. Ticker Symbol: AMD Exchange: NASDAQ Founded: 1969 Headquarters: Santa Clara, California, USA CEO: Lisa Su (as of 2025)Sector: Technology / Semiconductors About AMD is a leading semiconductor company known for its high-performance computing and graphics solutions. It competes with Intel and NVIDIA in the CPU, GPU, and...

ProfitProf Jun 17

Overview Name: Amazon.com, Inc Ticker Symbol: AMZN Exchange: NASDAQ Founded: 1994 Headquarters: Seattle, Washington, USA CEO: Andy Jassy (as of 2025) Sector: Consumer Discretionary / E-commerce & Cloud Computing About Amazon is a global e-commerce and cloud services powerhouse. It dominates online retail while also operating AWS (Amazon Web Services), one of...

ProfitProf Jun 9

Overview Name: Lemonade, Inc. Ticker Symbol: LMND Exchange: New York Stock Exchange (NYSE) Founded: 2015 Headquarters: New York City, USA CEO: Daniel Schreiber (as of 2025) Sector: Financial Services About Lemonade is a technology-driven insurance company that uses artificial intelligence (AI) and behavioral economics to disrupt traditional...