Walmart is approaching a key area of resistance between $151 - $153 on the weekly. If we look below at the RSI trend, it can serve as a double confirmation as there is a trend line also approaching its resistance. Once Walmart hits that early 150's range, we can look to the downside. Not financial advice, good luck to all :)
NVDA is up about 90% over the last 3 months. I don't think that's how stocks are supposed to work. I believe the popularity of AI in recent months is causing this to go up way too fast, way too soon. I expect a fall here within the next few weeks... Not financial advice, good luck to all :)
Tesla trendlines are getting very, very tight. Within the next few days, it could continue to consolidate between $187-$194 before ultimately going above or below the trend break. Are you bullish or bearish? Not financial advice, good luck to all :)
I believe Apple will retest the trendline before picking back up towards $165. Not financial advice, good luck to all :)
Keeping this one simple, I think Lulu is poised to retest the trendline after earnings. Resistance area around $315-$322. Not financial advice, good luck to all :)
After the MacD turned bullish for Moderna, I believe we will finish the harmonic pattern until we hit the trend line at around 167-170. Not financial advice, good luck to all :)
I believe Spy will complete the Bat pattern at $390, and from there we will get an indication for a longer term move. Back to over 400 or under 380? Time will tell. In the meantime, I do think $390 is inevitable. Not financial advice, good luck to all :)
RCL is in a strong weekly trend resistance here. Wait for it to hit $76-$77, and I believe it will head down afterwards. Not financial advice, good luck to all
BLK broke a symmetrical triangle that I believe will continue to $675. The trend reversal to bearish was also confirmed by the Donchian trend for the first time since October. Not financial advice, good luck to all :)
Dominos broke a symmetrical triangle on the weekly and I expect it to go to $295. Not financial advice, good luck to all :)
I believe SMH will complete the AB=CD pattern at $225. Not financial advice, good luck to all :)
Disney is in a bearish trend and I believe will finish the shark pattern to $101. Not financial advice, good luck to all :)
I believe the 5-0 pattern will complete and Microsoft will touch $225 before deciding a next move.
With the Ichimoku turning red and recession fears are popping up once again, I think we head down from here to around $370 or below... Not financial advice, good luck to all :)
When it was around 150, I said I felt like the upside was stronger than the downside. Welp, safe to say I was wrong there. Now that it's at 120's, I'm trying to stay positive and say that there is more upside than downside. Whether it's delivery numbers or earnings, I think we will eventually have a moment that makes us realize this company has no business being...
Hey folks, we did say a few days ago that I thought this had a way down to go. Of course, I don't factor in news. I look at the chart exclusively. There's no way for me to predict upcoming CPI reports or Fed hawkish-ness, so I don't even try to. But after the most recent meeting, I think the Double Top is in. Price target is $382 for me. Not financial...
Hey guys, Tesla has been beat up recently, and I think we're approaching a level where the upside is much higher than the downside here. The divergence on RSI also makes me feel a little more bullish going forward. Not financial advice, good luck to all :)
I think we complete the shark pattern to the downside after this latest rally that may have gotten ahead of itself.