Baba just bounced off all time low as all other China based tech companies did and most tech stocks did. Looking for it to pass the 50EMA, and then the 70EMA. If it does, it might test the 100EMA again. $Baba has not been able to close above the 100EMA since it started it downtrend from Oct 2021 last year. Let's see if that stays true once more. Potential for a...
Zillow Group $ZG rallied after the recent earnings report. My take is that it will retrace between this range (147 - 170) before moving higher onwards towards the next earnings report in May.
I see $DKNG retracing to 56 by 18 Feb, after which it will rally upwards ahead of the 25 Feb earnings report. I'll be buying some LEAP calls around bout that time to catch it lower and doing some PCCW (poor man's covered call) in the weeks after that.
Looking at the chart for Astro, potentially it could see some movement either upward or downward after the 19th of Feb.
$NVDA is definitely in a consolidation stage. Whether or not it is a distribution or accumulation is the question on every investor / trader's mind right now. As you can see from the box drawn, the consolidation range it has formed into, and gradually moving ever so tight between 505 to 551 range. While the volume activity has steadily decrease as you can see...
So I initially set a 5 / 30 EMA crossover (up) signal alert for $TREE (Lending Tree) as it is one of the cyclical stocks where market has been rotating into. It got triggered last night (or morning in Eastern time) and I immediately went in and bought a couple of LEAP based option calls for it. At this point in the day, $TREE was just about 290 only. Little did...
Given NYSE backturn on its decision to not delist China stocks once again, would NIO Day excitement trump NYSE's latest decision? Also, testing some backtesting strategies with TradingView and digging pinescript...
Could Inari breakout from the 2.77 resistance level. Let's wait and see