goledger

goledger Aug 14, 2021

This is a weekly, Heikin Ashi chart on ADBE with focus on the past 51 weeks … ADBE continues to experience a bullish run, up from $490 to $640, in past 11 weeks, and up $200 since early March 2021, when it was $440 per share. The chart show ADBE drifting sideways for 40 weeks, prior to the recent 11 week rally. Market cap is above $300 billion (might be 10th...

goledger Aug 10, 2021

The recent earnings were fairly good, and I believe the current price reflects market fear regarding the "delta-variant". I like $PK at current levels and will continue to accumulate shares (with a 1 month to year-end time frame). I see it swinging between the S1 and R1 pivots points ($17.00 - $21.50) between now and Q1 2022. The only thing I know for sure...

goledger Aug 6, 2021

Just trying to publish a easier to read version of yesterday's chart.

goledger Aug 5, 2021

I've got a bad habit of buying stocks that look oversold. Here's another example with ATVI. I'm long the Nov $80 calls; bought post earnings and again today. Might catch another down draft with a broader market sell-off, but I don't see it falling apart from here. Price objective is Pivot point P ($86.90) or the linear regression line ($91.60).

goledger Aug 3, 2021

Just a few comments: I have a price target north of $1800 by early first quarter next year (SHOP might get there sooner, say Dec 2021) There is a significant volume node around yesterday's close $1538 (using daily Heikin Ashi chart). And a larger node near the Pivot point P, at $1470. The extended ytd linear regression line runs through $1470 in early...

goledger Jul 28, 2021

I expect continued volatility. I don't trade BTC, but I have been accumulating crypto with monthly purchases. This weekly charts slows things down a bit. Looks like BTC (might have) had an inverse move to the recent Nasdaq rally that started around May 11th. I see no need to call it extended at current levels. Will wait for it to exceed the upper limit of...

goledger Updated  Jul 26, 2021

A 33% rise from current levels puts SHOP at a $300 billion market cap (at that level, the stock price would be approximately $2190). I wouldn’t be surprised to see that sometime next year. $1850 is the projected upper limit for week of 12/20/21 for a 2%, ytd linear regression plot, shown on chart. I’m curious to hear peoples’ price targets for Dec 2021 or Jan...

goledger Jul 17, 2021

But will not be surprised to see it touch $78 near-term. Shouldn't stay there long. Note Williams %R below -80

goledger Updated  Jul 11, 2021

This charts mirrors $KRE , regional bank ETF, fairly close. I prefer to own SunTrust/ Truist ... Note the dividend yield, makes this more interesting to own in a taxable brokerage account versus and IRA. Disclosure: I already own it, am also plan to trade it week 25. Will be comfortable holding it, if it continues to sink.

goledger Jul 11, 2021

As a trade, it's probably safer to wait for SDGR to break through $78 and 79, but I took a half position this week. My conjecture is that the S1 pivot will provide stronger support, than the resistance to be faced at R1. More importantly, I believe the broader market trend (bullish, with momentum) will help advance SDGR. Looking for low to mid 80's target price...

goledger Updated  Jul 8, 2021

Not a technology momentum play, but perhaps a good candidate for an oversold bounce. See support $18.50 - 18.60 TP $21

goledger Jul 5, 2021

Strong market. Looking for other ideas.

goledger Jun 23, 2021

Looks like we can reach $14375 to $14450 before end of June, easily. End of quarter, portfolio window dressing, by fund managers, could push Nasdaq 100 higher. Anticipate quarterly comps on next round of earnings release to be STRONG! Going to buy some $SQQQ later this week.

goledger Jun 19, 2021

Chart is weekly, b bands are 13 weeks with 2 std dev. linear regression is 52 week and 1 std dev. Could fall more, but showing signs of being oversold (Williams %R). Watch out for end of quarter (June 30th) selling pressure, and further weakness in sympathy to a broader market pullback (if any). For week 25, considering a half position as trade, particularly...

goledger Jun 19, 2021

I only started investing in crypto 2nd half of 2020. I'm adding monthly, and trying not to worry much about short-term price price swings. Yes, it is volatile and subject to getting over-heated and oversold. Yes , it is often manipulated in the press and social media. No, I don't see it disappearing completely. My interest is having an exposure, with the...

goledger Jun 19, 2021

Several of my golf buddies are spun up over inflation worries. They point to the price of OSB (engineered wood similar to particle board) and other building materials. I've opened a position in $ACI with a long-term time horizon, and as a play on Food Price Inflation. Might just be a good trade idea (minimum 3 - 6 months) that pays a dividend. Note: ...

goledger Jun 19, 2021

$PK looks attractive between 19.50 and 20.50, if your time frame is longer 6 weeks. Also give $ABNB a look.

goledger Jun 17, 2021

Perhaps a little bit overshadowed by Shopify's movement.