GlennTrading

GlennTrading

IWM Russell 2000 is running. It had a nice pull back from December 2021 through December 2023 where the tide or sentiment has changed. It is testing new highs and has broken through into new higher highs from the S&R line at $230. There is much sentiment for it to gain higher gains and continue its bull run.

GlennTrading

Looking like Utilities are on a run. They are testing the $82.13 We could scalp a trade from $81.45 to $82.13 for a $0.60 scalp and hold contracts above this level. Looking at the gaps, they have all filled, so upside potential is very likely with the AMEX:SPY rising. Trade the Trend and Follow the Trend.

GlennTrading

In looking at the progress for Coinbase, it appears that NASDAQ:COIN is setting up nicely. With the euphoria around Bitcoin mining in the USA and the Bitcoin prices rising along with other Cryptocurrencies, Coinbase could potentially be ready to rise as well. The current forecast for Coinbase is at $345 per share which is a fair value considering that it has...

GlennTrading

COCO has been on a roll over the last year 18.70% growth in the stock. It's market cap is 1.96B versus the enterprise value of 1.66B which is showing strength in less debt than cashflow. This business is not showing signs of hemorrhaging cash. It has been steady in growth since 2019. With a Stop Loss of 12%, this should be a great long term swing player. RSI is a...

GlennTrading

Looks like Coinbase is on the rise again. It has been making new highs all year long and seems to be building strong volume to test $200 again. Just triggered a long position before earnings on the 30th of October. IF we can break through the $200 level, Coin will test the 200 day moving average. The stop loss if set at $173.34. Profit targets are in...

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QDTE has a dividend yield of 15.07% and paid $6.55 per share in the past year. The dividend is paid once per week and the last ex-dividend date was Aug 15, 2024. This is going on my watchlist to build an income stream from dividends. theoretically if I bought MIL:1M worth of AMEX:QDTE The day I originally posted it the stock price was at $42.03 and MIL:1M...

GlennTrading

What a beauty we see in $NVDA. The RSI is cooling to the oversold territory and volume is coming back in. It appears we are sitting on support and are ready to make a move back to the upside. Consolidation is being built and it looks like we are ready for the next bullish move. MACD is beginning to show some rotation and we are still well above the 200SMA which...

GlennTrading

In looking at HIMX, and seeing the overall market is trending as well as the Technology Sector is been trending long for the past 3 months and then finding this stock that has been trending for the past quarter all aligns with the idea that HIMX could be able to continue the bullish trend. In looking back at the past we are crossing into previous support and...

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In looking at NASDAQ:APLD the time frame continuity is really strong with a bullish sentiment. Analysts have this stock rated at $11. It has a RSI of 59.69 which is not over bought yet. The MACD is showing a slowing in sellers and a potential for the buyers to come in. The volume is picking up as well with 13 million. The stop loss is in red and the targets for...

GlennTrading

XRX is a company that has been gapping down and consolidating regularly over the past month. The MACD is showing that it is climbing back and the RSI is rising. The XRX has had bullish continuity for the Day, Week, and Month. All of these seem to indicate a potential for growth. Anything is possible. The red line is the stop loss and the white lines are the...

GlennTrading Updated 

There is some strong support with VWAP at the $26.66 level. We are currently at the $22.47 level with a positive upward movement to close the gap. MACD is crossing and the RSI is oversold at 39.94. This could be a great $4 average move. Many insiders in the officers of the company have also bought in. Let's see where it goes.

GlennTrading Updated 

RSI is on the rise. Many bulls showed up with the earnings call plus it looks like a inverse head and shoulders is forming. MACD is reversing for the bulls and the volume is 958K. this position is above the 200 moving day average which is a sign of trend changes. The white lines are the next levels this could reach. Stop loss is at the 200 MA.

GlennTrading Updated 

RSI is high at 65.90 and beginning to touch the support line. If it breaks through we have plenty of upside. It is bullish trading above the 200 moving average. The MACD has crossed and we have earnings on Feb. 22. If the earnings are good, this could potentially continue to move higher like in the past. the volume is 6 million. Looking the white lines for taking...

GlennTrading Updated 

CL1! is setting up nicely on the weekly time frame continunity with a hammer in place to indicate a possible reversal over the coming few weeks. RSI is sitting at 38.41 and MACD is falling. Let's watch to see when the MACD closes to show support of a continuation. The Slow Stochoctics indicator is beginning to cross to indicate a change. If nothing else we are...

GlennTrading Updated 

PCG is oversold in RSI at 36 and the MCAD is beginning to show a slow down. A base seems to be building on the daily with volume. The news of the new leadership position has hit the market and the stock has broken below the 200 day MA. The Time Frame Continuity is not showing the best promise; however, the Hourly is reversing. The targets are the prices listed...

GlennTrading Updated 

Purely looking at the charts. I see that NYSE:FDX missed on earnings in Sept. 2022 and had a huge gap down. And from what I see with this gap today, it is less of a surprise miss yet it still opened with a gap. Looking at the time frame continuity it is still in a bull run and has room to close the gap and test new highs. RSI is cooled off to 41. It is opened at...

GlennTrading

When looking at XRX I get an alert that it is breaking resistance at $14.14. So, when checking the time frame continuity we can see that it is bullish on the hour, day, week, and month. This gets the technical side looking like we may have a bullish play. So, time to make some support and resistance lines which will be the price targets. The stop loss line is the...

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PLTR seems to be running out of steam. The RSI is in the 43 area and seems to be slowing to the oversold area. VWAP is at 15.28 area and there is a nice gap to fill to the down side. Let's see if it can hold below the 21.15 range to reach the levels below back toward the VWAP range.