Nike is setting up for a long-term buy / leap call opportunity. The Jeanius Indicator/Screener gave the following reasons why: Price fell through two untested lows, taking out sell-side liquidity. The indicator shows how much volume came from and how far price ran up from these lows. NYSE:NKE is also testing a 3M uptrend line from the low of 2017 through...
NYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce...
GE on the weekly chart has been in a trend up with some corrections along the way since a double bottom in the summer of 2022. It has had some sections spin-off including the health care poriton of the company. This company as a mega-cap industrial with cash on hand is independent of interest rate concerns. Much of its business in long term contracts. I...
NYCB printed a Bullish Hammer followed by an Inverted Hammer at the low and has Bullishly Engulfed it, I now think there is a decent chance to attempt to use those Hammers as a Support which would act as a macro bottom and perhaps fill the upside gap. I will be buying At The Money Call LEAPS at the strike of $5.00 just to see if we can get anything out of this...
I am a big supporter of PayPal but I believe its share value will get worse before it gets better. According to its Q2 2023 results, the online payment company experienced a deterioration in its liquidity with a cash ratio difference (cash/total current liabilities) of -0.04 when compared to its Q2 2022 results. The Q3 2023 Earnings Call taking place on Wednesday...
I'm looking for a long opportunity on NYSE:BABA in 2023. Before 2022, it's all-time low was $57.20, and it tested and closed above this level in the fourth quarter of 22'. This leaves me to believe, $BABA will be a good long-term opportunity for this year.
I'm looking for a long opportunity on NYSE:CHPT in 2023. Before 2022, it's all-time low was $9.38, and it tested and closed above this level twice. Once in the second and again in the fourth quarter of 22'. In the most recent quarter, Chargepoint also tested and closed above the trend line from that all-time-low of Q1 2020 and Q2 2021 (dashed line) This...
Going into the new year, I am watching NYSE:WMT for a short/take profit opportunity. Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!
JNJ fundamentally is a cross between Big Pharm and Consumer Staples Recent Earnings were solid not spectacular but the latter is not expected here. Technically, JNJ climbs higher without much volatility, At the moment it is rising in a small cycle within the supertrend. Strength is increasing and some bearish momentum is exhausting. This is a low-beta stock...
This price forecast is purely based on technical analysis of the current setup. I guess people are drinking a lot? We've had an extremely long stretch of green - which is a stale green light - 11 days in a row of green & 6 weeks straight of green - that hasn't happened since 2017 - it looks like the stock is trying to breakout on the weekly chart, but it looks...
MACD, RSI, and Insilico levels all screaming bottom is in or near ON THE WEEKLY. 2024 leaps loaded at the lows yesterday.
Started a LEAPS position with JAN 2024 25c on Callaway Golf. Technically at good support (which was previously resistance), and appears to have bottomed. Will add upon breakout of dotted down trendline. More conservative idea would be to wait for breakout and confirmation, hence why I only purchased a few contracts, and this is a long term idea. Keep an...
Started XBI LEAPS position buying JAN 24 $150 Calls, will continue to add as XBI Biotech has taken a beating, but technically has just found it's way back to the long term upward trendline support zone. First price target 120, followed by 140 after expecting a bit more downside here. This is a long term trade idea, for those looking in the short term, there...
Sofi has proven to be an underestimated because of its high volatile markets. There is plenty of evidence of a huge jump happening between the final weeks leading up to earnings to a week after. The last time there was a 10.50 stock price in SOFI was the start of an explosion to $27. Like in my previous idea, there is much evidence of averages telling us that...
MDLZ will continue to OUTPERFORM SPY for the foreseeable future. Consider LEAP option for JANV2023 when the price reach the lower band of the pitchfork.
Buying SQ right here right now for big discount, I haven’t even checked I just know it’s cheap and the indicators look good for a potential bottom. I’m looking to buy 6 month and 12 month calls out of the money. The 4 hour has flipped bullish and daily is close, markets could see a nice bounce here over this week and next week before we resume a plunge to the...
Dear Tradingview Community This areas already functioned as a support last week, when it bounced around the 18 mark. The double bottom is the sign of a reversal but, this doesn't mean it's 100% sure it's gonna happen. The current micro-economics (inflation and FED fear) don't look good for a lot of growth-stocks and a further slide down is still possible (but...
No explanation necessary look at the details on the chart. Use the information at your own discretion. THIS IS NOT FINANCIAL ADVICE.