Hey Traders, Just an FYI, Bitcoin is 100% falling to 12K...I like crypto but it is getting demolished...I'm starting to believe there are no areas in the market to offset losses unless your buying to the downside. Be Smart Be Patient and Be Kind Have a great day
Good morning Traders, Today I am analyzing QCOM and far this will fall...The entire semiconductor sector has undergone MASSIVE compression over the last quarter with some names being down 40%+...I have been extremely bearish since Jan 22 on QCOM as well as others in the sector and have packed on some nice percentages the first half of the year...QCOM has had a...
Good morning traders, Today I am analyzing Amazon with the upcoming June stock split in mind...We've seen a break of May 2020 support at $2255ish area as well as a Feb 2020 resistance point at $2187ish dropping to a 2018/2019 resistance area at $2039ish area...Today we have seen the stock bounce off of that resistance turned POSSIBLE support with the stock being...
Well thus far I have been 100% correct on this call from months ago...Buy zone at $10 maybe!!!!!!!!
Good afternoon traders, Today I am updating my TSM analysis...I have exited completely from trade but will look for another entry point...We have filled the GAP at the $93 area and are currently sitting on resistance turned support at $91.50ish area...It has had an 11% move to the downside in the last 5 days so I can see this moving up possibly back to the .236 at...
Hello traders My attention has been drawn to the semi conductor sector with a few stocks...Today I am analyzing AMD purely on chart analysis no fundamentals...AMD has been slipping since Nov of last years ATH's and has been choppy between $100 & $120ish...Currently is retesting a downtrend breakout & failure of this I believe sends this down(quite a bit IMO) to...
Hello Traders, Today I am analyzing CCL and how it is going to find some sinking action in its price...We had a triple top on the upper trendline moving price down to break the bottom trendline as well as the neckline of the triple top...Price bounced off the top of the 2nd GAP down and created the first GAP above it to retest the bottom trendline...It has since...
Hello Traders, I have had my eye on MARA for the last couple weeks and it is looking interesting...Let's dive in...MARA has been is a downtrend since hitting ATH's in Nov of 21...We have entered into a consolidation area trading into a bearish flag...We are currently below all the MA's, broken the 50 RSI line and testing signal line, in -MACD but we have waning...
Hello Traders, I am looking closely at PYPL as well as SQ in the coming weeks...PYPL is looking interesting sitting on some heavy support/resistance area...It has tapped the 20MA once and is retesting again today with the premarket move up...We have upside potential to test the 50ma with is a 32% gain BUT there is also a possibility that this drops to the real...
Good morning Traders, My update on AAPL from last weeks analysis is......AAPL is going to fall down to support areas in the coming weeks...We have broken the 200MA as well as the channel trendline to the downside...I will not enter until we get a retest and failure of the bottom side of the channel trendline or the 200MA...Happy Trading!!!!!!
My analysis of Gold first timer...We have double topped at ATH's with a move back down possibly to support/consolidation area between 1890 and 1920...We have another resistance turned support 2 at the 1860ish area...I think this continues to slide to the downside to the consolidation area...With what is going on in the world today I could be completely wrong with...
Hello Traders, I am updating my F analysis as I am looking at a possible entry...We'll start with this currently sitting well into -MACD territory intertwining with the signal line...This is important because this stock has been in +MACD for almost 2 yrs so to me this is signaling that the BULL RUN is over on this stock and we are going to go talk to the BEARS for...
Good evening traders Tonight I talk AAPL and my thoughts on where this goes(which is down)....I have ridden the AAPL wave up the last 12 months(already exited) but now am looking at a short on this stock based strictly on charting, trend analysis, market sentiment, & a GUT FEELING...Starting at the top you can see the MA's starting to curl to the downside, we have...
Hello Traders, Today I am covering TSM on a chart analysis...There is no fundamentals on this yet but here goes...Over the last year TSM has been in a consolidation phase which spiked in Jan of this year...Since that spike we are down 28% and have broke a very important support line at the $108ish area to the downside... We are sitting in -MACD with separation...
I would like to hear others thoughts on this....I'm 100% in GGPI before I would be in RIVN...What about you????
F appears to be possibly forming H&S with resistance coming in at the $20ish area...It is approaching the bottom of the GAP at $18.50ish with a potential to fill to the $19.75ish area...If it were to fill the GAP it has a potential 8 to 12% gain...If it fails the bottom of the GAP IMO this goes back down to retest the bottom trendline at the $15 to $16 range...I...
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My updated chart analysis of QCOM...I do have a short position in this stock with 10 Apr22 $170 puts & selling 20 Apr22 $165 calls...QCOM has had issues with getting over the $190ish area hitting it's head 4 times...We had an 11% run up off the start of the GAP at $155ish to a pretty big down day on 3/1 giving 50% of the gain back...Price is currently sitting on...