I think with Powell tomorrow we can reject this level. I see $APPL going to $200, but not until two years from now, based on this chart pattern. I think in the short term puts around $165-155 and in the medium term by June 30 calls into $180-185 could work, but $APPL is barely moving and they could leave it around this range just burning premiums and without doing...
I think the continued fall into the gap below is too obvious. I can see NYSE:SNOW recovering next week into $160, and perhaps overextend a bit above $160, but later failing and filling the gap below the red dotted line. Once this is complete, perhaps NYSE:SNOW is ready for a long recovery until year-end. See the triangle by zooming out! I think NYSE:SNOW ...
NASDAQ:ARM IPO lockup period, prohibiting insiders from selling stock, is set to expire on March 12, 2024. This could put pressure on the stock, particularly if NASDAQ:NVDA is becoming more volatile and moving towards its support around $800-780. This could put NASDAQ:ARM investors under psychological pressure to put some of the stock into the market. Let's...
I think this is a tricky trade, but if NASDAQ:NVDA sneezes then NASDAQ:AMD may get the flu. NASDAQ:AMD 's chips are not as great as NASDAQ:NVDA 's but they do the job. NASDAQ:AMD has been highly correlated to NASDAQ:NVDA and it seems like if NASDAQ:NVDA tests $800-$780s then NASDAQ:AMD could tank into the $180s with relative ease. Now, it seems to be...
I've learned not to count my chicken before they hatch. NASDAQ:AAPL not out of the woods yet, but close. Trade safe.
I like NASDAQ:ROKU here, I just don't trust that the recovery is done. I think it still wants to test $60 and $59 for a quickly recovery and then goes. I'd favor long dated calls at about $70 with a put hedge in the shorter term around $60, perhaps even call spread 75-70 for April and 60 puts for March 28.
There are two more levels below: 167.4 and 165.5. I think the game could be a waiting game for $APPL to bottom, but seems like a good risk-reward to add $175c for a bounce play at these RSI levels, into perhaps end of month. Market makers will do all efforts to maintain the stock below 175 I imagine. It's always safer for these type of bottoming plays to go longer...
$APPL plan for the next few days is based on the potential test of $165.5. I think once we see action around this level, $APPL could bounce nicely to around $175. The chart does not favors a steady recovery. I think as long as $APPL's management is unable to articulate a credible strategy around AI in the short term the stock will continue to be weak. Considering...
Short term analysis of $GUAC shows that the market is rewarding $GUAC after its updates. It is uncommon for meme coins to offer utility. In this case $GUAC has some (do you own due diligence, but as far as I see the utility it is still growing and somewhat connected with meme coin swapping and usage of such coins towards the purchase of games). In a few days,...
This looks like another H/S formation, yet given the tons of volume coming into GETTEX:PEPE it has been hard for GETTEX:PEPE to correct a bit, hence a sharp correction may be coming into $PEPE. I see it highly correlated to $BTC. Perhaps already some traders trading this based on CRYPTOCAP:BTC moves. CRYPTOCAP:BTC just sneezed and GETTEX:PEPE had a cold,...
I think NASDAQ:AAPL missed the AI PR train, even if APPL has been developing something with Siri, it is late to the game and the market is not rewarding Apple for a delayed product launch. Perhaps this can be remedied and APPL is probably attempting to do this by cancelling its EV plans earlier this month. Market is saying this is not enough and wants to see...
A couple of short term targets in purple boxes for $GUAC. I've been reviewing more about this SOL meme coins. Two factors into play that are relevant for the space> 1. low fees and competitive swap rates with ETH, vs. Going into ETH chain and buying GETTEX:PEPE and then swapping back to take profits. $GUAC does a better job at this along other SOL meme coins. 2....
I have been just watching NYSE:BABA since the news that Jack Ma resurfaced, but haven't taken much interest in it until now. It seems like the stock wants to break the down trend, possibly filling the 92-94 gap, but first it needs to move through the following levels> Here is the plan for long. Watch these levels for calls and possible points of...
I've been following meme coins, particularly GETTEX:PEPE CRYPTOCAP:SHIB , CRYPTOCAP:DOGE and recently $GUAC. I think there should be a breather over this level for many of these coins, although CRYPTOCAP:BTC seems strong still, given the amount of flows into ETFs. Meme coins have a lot of room to the upside. Think about how many people are thinking "Oh! BTC...
GETTEX:PEPE so far holding here just above 0.786 fib level. GETTEX:PEPE is a young and volatile meme coin in the making, still young and trading for about a year or so, so it has carved already established support levels and is exploring a bid above into no man's land but failed to accept above the 100% fib. Let's see if it can hold the red dot line.
I have updated the possible path for $GUAC, I see too many prints indicating that volatility and volume coming possibly in march as meme coins awake after the BTC halving. So much liquidity will flow back into alt coins and meme coins as well, possibly favoring the more established ones such as CRYPTOCAP:DOGE , et. al. GETTEX:PEPE another one in my radar is...
I heard about $GUAC today, I did some simple fibs and identified some main trends that $GUAC may follow in the coming months. It's market cap is still just $33.85 million. If if could have the same potential as GETTEX:PEPE which is now a $2 billion meme coin, then we're talking about a 60x, let's put it at FWB:1BN , if that could happen then 30x, and so on, you...
Briefly touched $178.7 in the pre market, but needs to touch it perhaps in real trading hours. This in an important level that should hold. Or better said, must hold or $APPL may end up trading lower into the $175s. Acceptance below $175 takes it to $171 where it can find a strong buyer. The ride to $190 is full of bump, perhaps with an initial impulse buying up...