As you can see, the yen carry trade resulted in a huge drop breaking the AMEX:SPY out of the channel it was trading in. AMEX:SPY then recovered exponentially fast and brought price back into the prior channel. IF bulls can pump this tomorrow we could potentially be seeing our way to new highs. If bears pull this back out of this channel we could be entering a...
*** NOT INVESTING ADVICE*** After taking a look at some of the current monthly charts on the SPY and comparing with some other stocks from within. I believe we may have topped out and are due for a correction potentially targeting the 485 area. I am seeing bearish divergence on th3e daily, monthly, and 3 month charts. Tech earnings continue this week and could...
RIVN has signaled a buy on the 4h time frame with a inverted HS pattern. The risk to reward is here, we shall watch this chart and update weekly. THIS IS NOT INVESTING ADIVICE. I think we can see low 20's by the end of the year.
NYSE:BAC smaller Inv head and shoulders that has broken to upside, appear to be playing into a bigger INV head and shoulders pattern. With rate cuts approaching, this stock can see huge gains as the outlook become more satisfactory. Excellent buy opportunity.
I am still undecided about this stock, it seems to be getting investors attention after Nancy bought call options and her last venture with NVDA, I am still bearish short term given the price action and gaps to the south side. I would not be comfortable buying till price lowers to about 270-275. There is also an ongoing fraud class action suit involving PANW. This...
NASDAQ:INTC has been showing some very bullish signals on its RSI reaching underbought levels, and a triple bottom, resulting in a bullflag on the daily. I think this has room up to 48-50 to rise. They were also granted 8.5 Bln for the Ai chip plant construction.
I am quite bullish on Costco wholesale, they have show amazing growth this year to date and continue to demonstrate strength in the retail world. I am bullish regardless of the reading in the long term. I beleive we have to case scenarios for NASDAQ:COST Option 1: Good Reading, will casue this stock to continue to pump up about 1-1.5%. This could create enough...
A mentor of mine pointed this pattern out to me today and it does look like a winner given its ventures in AI. Microsoft seems to be in a bull flag pattern, and there is alot of news that can come out this week to see MSFT break out upwards to HH's. Goodluck everyone, be smart, be patient, and trade on!
3M broke out of the descending wedge and seems to be rejecting the retest to the downside, if we hold we should see a retest of 94-95, then a test to 107.
TSLA besides all the bearish news, is hitting a key demand zone. given the positive outlook on the economy, and bullish trends, TSLA long to 240 might be a good buy opportunity if we make a HL out of this zone. I have started a long play, and will update as we go. This is not investing advice just a thought.
3M after suffering a massive hit this last month, and over 98% completion of the 3M earplug settlement is now starting to signal buying opportunities with massive divergence. I am also performing analysis with ratios in a college level class and see alot of upside potential sand free cashflows coming this year. Best of luck this is not investing advice.
AAPL is now in a EU lawsuit regarding about 500 million EUR regarding non-competitive marketing laws. This is still a question mark as the 4 hr. closing candle was a spinning top. This company has always had tricks up its sleeve and seems indestructible. Berkshire sold about 1% of its total sales which tells me that this could be a trap given the thought that he...
NKE hitting a demand major demand zone, looking to go long here to 120-125 by April. As you guys can tell i am a low risk, with high reward trader. the contracts I trade are no more than $200 per with the ability to print 200-300%. Goodluck! Not investing adivce.