I was looking into UPS as a possible investment, and wanted to get a price, but after looking at the chart, I'm not sure it's worth it. There seems to be a lot of potential downside, including a pretty sizeable gap around $120. With almost everyone telling me the market is going to crash, I'm thinking we won't see it crash just yet, which does allow for some...
Great base so far with a strong breakout. If confirmed, Boxes on the chart are the most relevant range areas where the price can move.
An interesting observation I made on ETH comparing the previous bear market's notable structure and how it is similar to the fractals we're seeing currently. Not calling the bottom, just an observation folks. However IF the 3 boxes play out like before, then in theory we would be bottoming now in blue box. Would be cool...
Daily: We have a not clear downtrend, almost empty area below 8.50. Next serious support is 7.40 H4: Downtrend for 5 days (-23%), accumulation for 13 days with further bearish breakout. At 8.6 - new accumulation. After false breakout, no high correction, 3rd bar after FB is "stop bar". Next bar in bearish. reached 80% H4 ATR for 3 hours. It seems that shorts are...
Hi everyone, Weekly SPX update here. Strong grind higher continues. Today we gapped down at the open on CPI news before market open. However, the gap was filled in the first hour and a half of trading. Strong rebound after bad news tells me that investors are optimistic about the equity market future. My levels are working great. Below: 4529 4496...
Hi everyone, As a proud bagholder, I present to you the NYSE:SQ chart. Slaughtered as all growth stocks, the price finally bounced this week for +15% gain for now. That's nothing compared to meteoric dump of the last few months. The chart. Last 2 year POC is at 230 . All-time POC is at 60 . Square has been investing into growth for many years...
Hi everyone, Let's take a look at current price action of NYSE:SPOT . The stock is up 12% on the day with the highest volume in a while. Price is currently at 193 . The zone of 190-214 is a no man's land. Price has cut through this zone in the past, both on the way up and down. That's due to thin volume profile structure. We take 196 , we go higher...
Hi everyone, Wild ride on the markets continues. VIX has stayed around 30 the past couple of days and moves in both directons were extremely aggressive. We have stayed in the negative gamma zone for the past 6 days and it is not unwinding just yet. That means there are even more extreme moves ahead of us. Untill we see a decent rally and VIX crush to 20s ,...
Hi everyone, As millions of retail crypto and options speculators lose their savings, McDonalds Corporation is rubbing its hands with a hideos grin. "Ah, yes, millions of fresh employees, just what I need" . In all seriousness, consumer discretionary sector as a whole was obviously contracting with the broad market. However, not quite at the same pace. ...
Hi everyone, This time we are analyzing yet another beat-down tech stock NASDAQ:NVDA . Unlike most other tech stocks, Nvidia is a giant. But even giants fall. The analysis: We can see exactly the same market structure I reviewed in my Cloudflare idea: When Nvidia stock went parabolicly up in October-November 2021, it created poor thin volume...
Hi everyone, Wow, what a start of the year! Stock market is beaten up badly. But you know what that means for an intelligent investor. Many great opportUNITYies to buy favorite stocks at discounts. Today we are revising my NYSE:U stock analysis. The stock is currently down more than 50% from the Nov tops (big ooph). We have just entered the highest...
Hi everyone, Today we will talk about NASDAQ:QCOM , a semicunductor manufacturing company. As we saw almost all tech stocks selling off from late November through to 2022, NASDAQ:QCOM managed to stay up there quite nicely. The question to ask now: Is it lagging? Will [ symbol="NASDAQ:QCOM"]NASDAQ:QCOM follow broad tech market and proceed to a major...
Hi everyone, Nike stock tends to move agressively after earnings, which happened again on December 21. Let us take a look at the current price action. The stock made ATH early November and proceeded to sell off with the broad market in December. At the day of earnings stock reached 155 level, which is just outside the Value zone . After the market close...
Hi everyone, Today we are taking a look at NYSE:TM Toyota stock. This issue has been in the game for a while and it's not one of your parabolic stocks. NYSE:TM stock tends to move aggressively in the short term, followed by a longer low volatility period afterwards. This stock takes a lot of time to make new ATHs. Recent action. Stock price has been...
Hi everyone, Today we will take a look at NASDAQ:CMCSA stock. This company will benefit from the infrastructure bill signed in November. I have covered this in my YouTube video. I would expect company's earnings to reflect the benefits later in 2022. Where are we at now? Stock is currently trading at November 2020 level. It has gone down 25% since...
Hi everyone, I started investing in NASDAQ:AMD last year. Have done multiple chart and fundamental analyses since. Let's see how the stock has been performing relative to my prediction. Last post on NASDAQ:AMD was shared on September 21st . Price was at 100 at that time. I was adding to my position aggressively at that pullback. Then we went through the ...
Hi everyone, We are currently in a midst of a moderate correction. I personally think it is almost over, based on DIX/GEX printing, the duration of elevated VIX, etc. These kind of periods are great for your previous analysis review. So let's do just that. NYSE:SE has been plummeting since November 16 and has lost over 30% already. It broke the rising...
Hi everyone, Today we are tackling NASDAQ:ROKU stock price downfall. Why has it been falling so hard for the past couple of weeks? In fact, Roku stock has been losing in price every month since July. And losing a lot. It is now trading at 50% below July's highs. That's insane. Roku was a major COVID theme play, as everyone expected the stock to...