siddheshmuley1462

siddheshmuley1462

Has had multiple bad news on trials I see it bouncing off the major TL and pointed out the potential scenarios I will buy LEAPs on it once a higher low is set.

siddheshmuley1462

NYSE:JNJ has been consolidating for over 2 years on this range now: * monthly bull flag * forming the right shoulder of an IHS on weekly chart (can even see it on the monthly) * healthcare sector oversold, so can see a bounce a bounce could push JNJ to test the upper trendline at 165-166. The IHS neckline is at ~170 and the measured move puts it at around...

siddheshmuley1462

One of the best in consumer staples right now, big lower wick and held the horizontal and ascending support...can go nuts. can buy shares and be stress free instead of options... better way would be to buy debit spreads for 1-2 years out to amplify returns

siddheshmuley1462

NYSE:MDT is breaking out of this multi year base. * The current weekly close is super strong (if it closes like this) * no MA resistance on the daily (above 50,100 & 200) * Above 50 & 100 MAs on Weekly * IHS breakout on the weekly chart, followed by a flag and retest of support zone I am currently in the 90C for Jan 2026 with first target at weekly 200SMA

siddheshmuley1462 Updated 

NEE double inside days, XLU as a sector is also bullish

siddheshmuley1462 Updated 

NYSE:UNH in this 450 - 550 range since 2021, ER tomorrow morning gapped up on the daily chart and now retesting the TL if ER is good, and it breaks 550, its gonna go to 600, IMO.... 3 years of compression

siddheshmuley1462 Updated 

Technically oversold...might bounce if a recovery rally ensues

siddheshmuley1462 Updated 

NYSE:CAH in a wedge and looks like it invalidated a head and shoulders pattern earnings coming up Aug 14, might be setting up for a breakout

siddheshmuley1462 Updated 

STLD big compression here also earnings out of the way big resistance around 135 over 135 is easyyyy

siddheshmuley1462

RIO in a symmetric triangle since 2022, compression in progress There is a long way to go; can play the range in the meantime COPPER is oversold; any rebound in it can help also

siddheshmuley1462

CAT bounced after retesting the trendline... can we see continuation???

siddheshmuley1462

NASDAQ:MRNA confluence of MSs horizontal support and diagonal support, with multiple bounces in history... tight R:R I'm going to look for an entry to go long here

siddheshmuley1462

WFC inside day inside week close to multi-year all-time highs looking good here for long with caution

siddheshmuley1462

AMEX:XLP is at a major location where it has had quite a few fake breakouts on weekly this time , however it has consolidated for quite a few weeks below that level...so might have power to hold... staple names also reporting and should benefit from the lower inflation numbers (margins will improve) defensive sector, can compliment the XLV also

siddheshmuley1462

AMEX:XLV had a breakout this week and looks to have successfully retested the breakout and bounced today (July 19, 2024) Many names in the sector are reporting in the next few weeks and are expected to post good numbers and improved guidance can see new ATH in the next few weeks IMO good RR with stop on daily close below 146

siddheshmuley1462 Updated 

NYSE:ABBV coming into some major support here: A descending TL from ATH that was resistance before 2 year volume shelf starting at 155 200SMA on daily waiting to see how it reacts * long above 160 & hold on daily * not willing to short it key points: * Humira sales declining further as more competition mounts * Other drug sales increase compensating...

siddheshmuley1462

NASDAQ:SBUX Looking to long here... ER this week Stop on weekly close below 84 Weekly target is top of the descend TL Things to note: coffee prices are going up, might affect margins

siddheshmuley1462

NYSE:AA Building a bull flag... 4 weeks of consolidation... above good support stop on daily close below 34 profit target is 40, which is a volume shelf