dzygadlo

dzygadlo Updated 

Breaking upwards from the bottom of a channel pattern. Purchasing the December 27th options with a strike price of $22 and price of $.45 Looking for a price of ~25 at at expiration. This could also break out above the 25.88 resistance.

dzygadlo Updated 

NYSE:QBTS appears to be consolidating between $4 and $5 a share. Lots of buzz right now in the quantum computing space. D-wave has been in the headlines quite a bit along with NASDAQ:NVDA and NASDAQ:RGTI These stocks are generating a staggering amount of daily volume. Which is great when attracting the FOMO crowd! Looking for a breakout after this closes...

dzygadlo Updated 

NASDAQ:RGTI appears to be breaking out of sideways consolidation. My entry target is shown ~$3.55 Support is at $3.00

dzygadlo

NASDAQ:QUBT appears to be going through some consolidation after a quick runup. I can see a couple of entry points. The first is to fill a gap in volume established above $5.15 support. My suggested entry target would be ~$5.45. This is the riskier of the two entry points, as you're buying as the stock is falling. See December 3rd as an example, where it...

dzygadlo

There is an unfinished Bullish flag that formed in April and earnings may be the spark needed to propel the price to the $210 target. NYSE:ANF may be breaking out of a wedge pattern, with the price gapping up and outside of the wedge today. Earnings are reported on Tuesday ahead of the market open. My plan is to open a position IF the stock remain above...

dzygadlo

NASDAQ:AEHR has been in a falling wedge pattern since it's last earnings announcement. And as of yesterday, it broke out of that pattern. This is also happened last quarter prior to earnings.

dzygadlo Updated 

I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230

dzygadlo

NYSE:ANF Showing a pennant pattern with a ~$50 upside. Buying on the dips.

dzygadlo

NASDAQ:EA has broken out of the flag pattern and has lots of upside. I'm looking for ~160 as a price target.

dzygadlo

NASDAQ:EA The daily chart shows a pennant forming, which has been broken by closing above the top of the pennant @ $140. In the weekly view (shown here), there's a triangle pattern. Top of the triangle is ~$151 and was established in 2018 and tested in 2021. If the top of the triangle is tested and broken (closing above $151 for the week), then this has a...

dzygadlo

I've been tracking the steady downward channel along with the similar pattern in the RSI, today the RSI broke up and out of the channel (see the green arrow), perhaps signaling a reversal in the downward price channel.

dzygadlo

This has been in a bullish flag pattern and for the past several days it started showing increased TTM squeeze (red dot). Today, it showed a high level of squeeze (orange dot) all-the-while finishing the day with a bullish hammer along with higher than average volume. The target for the Bullish flag is ~$160 If the trading tomorrow shows a price increase with...

dzygadlo

The last time this stock showed a hammer, it had heavy volume and a pretty big uptick. We'll have to wait to see if it responds this way today. This stock pays a hefty 10% dividend while also appreciating in value... nice double win.

dzygadlo Updated 

Looking for confirmation of a hammer candle. I've dropped into this stock back when it was ~19 and I'm looking forward to a juicy 9% dividend. Nice steady growth, with a great dividend.

dzygadlo Updated 

A bullish hammer appeared today after a significant correction. Waiting confirmation of a turnaround. First price target is ~50, where it could hit with resistance as it re-tests the high. My next PT is 65, as this turnaround could be the push needed to complete a bullish pennant pattern. I'm hopeful to see $70 by the year end as they continue to roll out new...

dzygadlo

Looking at some upside on NASDAQ:QCOM after it's completed a triple bottom pattern. If it breaks out, looking for a target of $180 The stock has an additional bonus - sporting a ~2.5% dividend.

dzygadlo Updated 

Purchased shares and waiting for the numbers to be announced after the market close. I'm hopeful for momentum to push this up for a breakout. The depth of the bowl is $14, which would be added to the price at the exit after the handle formation. Potential for a $14 upside.

dzygadlo

My PT is $25/26 per share Based on the cup formation the price projection is $7 from where the handle completes, giving us ~25. The Fibonacci projection places us ~26.