MEME
$NAKD is shark, head and shoulder, and Vshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=1.6 BC=$27
tp2=0.88 XA=$38
tp3=1.13 XA=$141
tp4=2.24 BC=$267
AMC - Breaking the triangle to rip up?! - 7/29Will AMC go back to its previous highs?
I believe the answer will be revealed shortly.
Let me know what you think!!
GME, ATVI, CRSR: Will we get weakness in gamingVideo game stocks are all pushing toward new lows, not taking part in recent strength in the markets. Will we witness more of a correction in the already beaten up video game stocks?
MARKET ALPHA APE REPORTSymbol: NYSE:AMC
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Comments: The price shot higher today but there is still a lot of resistance ahead. We will need institutions to contribute to get price above the upper pattern resistance.
$WISH July Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $WISH on 6/15/21 at $11.30 per share.
Today my team is averaging up on $WISH at $11.77 per share. Our first take profit remains at $18.
My team is keeping any upcoming posts short and sweet due to upcoming market volatility within the next few weeks. My team busted ass to prepare for the summer markets of 2021.
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FIRST ENTRY: $11.30
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STOP LOSS: $9.50
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ABCL - WW - SMALL OTM OPTIONSAll, ABCL in a pretty solid spot here imo. Definitely need conformation of bottom here, candle looks to be a reversal possibly. I would look at 17-20$ calls OTM longer term or leveraged stock position hold long with a very tight stop loss. Could drop one more level. Just watch, slap some alerts on it but ABCL definitely imo worth 20-22.
the target of the slide by cypher harmonic patterncypher harmonic pattern:
3-4=0.61 X-3
4-5=1.41 3-4
tp1=1.27 4-5=$0.11
tp2=1.6 4-5=$0.067
tp3=2 4-5=$0.038
IBM CONFLUENCE RESISTANCE - GAP ABOVE - ALL IN ON IBMAll,
I think IBM is primed to breakout big time downtrend is almost broken and would regain a lost massive support of an uptrend. If this gaps or breaks above I kid you not I will be closing other positions and going long call options with 2-3 month expiration on this and scale in every dip this could hit 180s with ease after breaking.
KURA - UPDATE - ON LONG TERM SUPPORT CONFLUENCEAll,
I think previouis post I had my lines slightly off which of course makes a difference I think we are on confluence support and beyond oversold/downtrend has to at least pop somewhat in my opiniong even if its $4-5. Looking for a bounce soon between weekly/daily change then getting 5-10 OTM options for calls or could do it now with maybe Aug/Sept.
PENN - WAIT AND SEE BIG MOVE UP OR DOWNAll,
PENN is WW here. I need a break both ways to enter unless you want to do a 1:1 ratio short puts to calls same timeframe or short term PUTS and long term calls 2:1 (bullsih bias) overall. Personally just would wait and see.
Bullish Bias- Positive ER not necessarily factored in yet due to downtrend / resistance. Would need to do a ltitle more digging on fundamentals to see if it was already over priced, but has alreadyh came down a bit to begin with. SEMI more bull biased, but see bearish bias.
Bearish Bias- Broke important trend AND looks like a H&S on Daily.
No Apes in this Jungle - AMCThis is pretty savage. The Tiktok and Socktwits promoters likely had no mercy on their followers.
I expect a quick pop retest but that's only going to provide more liquidity for the short side to enjoy more gains.
Be careful who you follow. No one should ever promise you profits.
Elon Can Suck a Phat One Because Richard Branson Is KingChart is self-explanatory. Elon and SpaceX don't have shit on Virgin Galactic
Next Stop, Shortsville!CLOV has been a failed meme ever since it was pumped to death nearly a month ago. There is no price action, volume or any chance of this bouncing. It would take another combined effort for everyone to pump this garbage back up into the double-digit range. CLOV can't even test the current downtrend resistance line no big fish wants to touch this garbage
such concern: - many bera still in $Doge!some permaberas left man who have a permamission: fight $DOGE performance.
maybe prepare for them but most importantly nothing to worry about 4 sure lol #doggonacci
$XRP hammerseven our grandmas wonder if XRP is just some scam ofc... When is, maybe no new price evr but 🔨 all day 😄 #doggonacci
$DOGE to 1.42$ EOYcompact TA visualizing such DOGEtrend to 1.42 EOY, then a small but most importantly quick REtest.
fitting for sure lol #doggonacci
AAPL - BULLISH ASCENDING TRI?Looking to follow APPL closer here 3 outcome all bullish (without some crazy market crash). Looks to be a large bullish ascending triangle overall.
Buy the uptrend sell the top until we can break out would be my suggest. If SPY hits where I think it might around 230s maybe less (there is a rising wedge still on SPY despite bullish outlook today).
Will update later.
KIRK - KIRKLANDS LONG TERM UPTRENDAll,
I think we see a big bounce here on Kirklands. Long term up trend support + horizontal support and brokend downtrend with just one more to go. Even a short term option play should pan out to $26 range. Looking for 30+ just have to see. Market as always needs to be on the same side.
