DailyMarketMovements

DailyMarketMovements

NASDAQ:CLSK - Here is a "Livermore's Speculative Chart" or "Livermore Cylinder" which refers to a pattern or methodology in technical analysis inspired by the famous trader Jesse Livermore. At present, one could argue that we are in the final process of the Accumulation Cylinder. This pattern might suggest a period where a stock or an asset's price moves within...

DailyMarketMovements

Many online continue to air their frustration with PayPal and they are right to do so, the stock has done nothing in the past 12 months, and when analysing the stock on a multi year basis the story doesn't get much better. That being said, the stock is clearly trading in a bullish wedge pattern and looks for a potential breakout to $76 a share in the coming...

DailyMarketMovements

Many online continue to air their frustration with PayPal and they are right to do so, the stock has done nothing in the past 12 months, and when analysing the stock on a multi year basis the story doesn't get much better. That being said, the stock is clearly trading in a bullish wedge pattern and looks for a potential breakout to $76 a share in the coming...

DailyMarketMovements

Paypal is about to blast into the 70's, the chart is a screaming buy here. Enjoy.

DailyMarketMovements

SMCI is a great buying opportunity here offering great upside potential. I see a 30/45% move over the coming weeks/months.

DailyMarketMovements

Paypal has broken out the 5 month wedge... Paypal now needs to consolidate here, its risen 9% this week and needs to digest the move. I expect in 1/2 weeks time we will finally see a breakout in Paypal to $68 a share.

DailyMarketMovements

Paypal looks like it can see a move to $63.5 in the coming days as it is about to break out of this 5 month wedge pattern. Buy here as in a few months time you will reflect at this price and notice that the smart money was made by those who invested at $60 and lower.....

DailyMarketMovements

Paypal is in the final stages of the disbelief phase of this technical market cycle. I truly believe that Paypal can see a 200/400% rally over the next 12/24 months providing that management can start to execute. Im long here. $200 minimum is my target.

DailyMarketMovements

Paypal is clearly bottoming here. It is a great buy at current levels as we have finally broken out of this 18 month bottom pattern. A move above $68 confirms this breakout. Once a break out officially occurs then the move to $90 begins... It wont be a straight line, there will be bumps along the way.

DailyMarketMovements

A move to 2040 is in the cards as we move into Tuesdays session. The 20day EMA sits at 2040 and with the support of not just the trend, but the EMA line as well, I believe that the current price of 2020 area offers a great buying opportunity. Entry 2020 SL 2014 TP 2040

DailyMarketMovements

The past 48 hours we have seen 2 missiles hit US & Maltese ships crossing south of Yemen. The US & UK stated " Britain could strike Houthi targets in Yemen again if the rebel group continues to attack ships in the Red Sea" This is a quote from the UK foreign secretary. When the west carry out their attacks wether they be from drones or battle ships, it is...

DailyMarketMovements

Charles Schwab is a leading bank/financial institution and underperformed in 2023. I am very excited moving into 2024, and I expect to see the stock recoup its losses dating back to the start of 2023 where it started the year at $84 a share. Charles Schwab is a great hedge in the market going into 2024. It benefits from both rate cuts & hikes. So wether analysts...

DailyMarketMovements

Mama Creations is up over 200% this year, I still think this stock has got what it takes to rally up to $6/7 a share in the coming months. This company has new management which clearly know what they are doing as the stocks revenue has nearly tripled since taking charge. The company's products are currently in 8,000 stores in the US, there is a total of 60,000...

DailyMarketMovements

Nvidia report yet again another amazing quarter. This stock goes to $550 by year end in my opinion, there is not a more obvious trade out there right now....

DailyMarketMovements

This stock is highly likely to trade to $200 by the end of 2024 if they keep the pace of their current business trends. This company is the definition of winning. I love the name and will hold it to $200 minimum. Stocks like this are expensive in terms of valuation for a reason.... its called quality. Don't be cheap, you get what you pay for.

DailyMarketMovements

I have made several big calls this past month of stocks which I think could rally after their earnings call, and ZOOM is one of them... Here is a chart break down of ZOOM's price action since its IPO back in 2019. Stock was earning 120 million trading at $105 a share back in 2019 before Covid19 even existed. The stock has been slaughter the past 24 months...

DailyMarketMovements

We highly recommend buying AMD into the close today ahead of their Q3 earnings report tomorrow where we are expected to hear a beat in sales and hopefully a better than expected report on the sales of their MI300X AI chip. I believe that Lisa Sue will give several positive updates on the business and its strategy moving forward which should lead to an incline in...

DailyMarketMovements

10 year likely falls to 4.73% next week giving stocks a reversal opportunity to trade back above 4,200. B/C phase currently getting underway. TIMBERRRR