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Mrxmvp

Oh Ok I See You $TSLA...After yet another monster move for TSLA, I am not moved. Today's move confirmed a bullish break of the smaller wedge with the much larger wedge (signified by the red and green trend lines). Long story short, I see a move into the gap above which should bring TSLA to around $285 before it starts its fall down to at least $235 . Still unclear whether it will break out of this wedge anytime soon but these are the price targets I am expecting for now. I could be completely wrong but Only Time Will Tell ...
NASDAQ:TSLAShort
by MrxMvP
Call Me Crazy But....NVDA LOOKS EXHAUSTEDNVDA has been the golden child of '23 for sure but I believe it's time for it to take a breather. I don't think such a large gap will go untouched for too much longer. I know I'm not the only one seeing this, so I'd expect there to be some games being played before we get there, either way I'll be positioned well for this fall. The higher it goes, the better the payout for me when it's all said and done. I might sound confident, but of course I could be completely wrong. Only Time Will Tell...
NASDAQ:NVDAShort
by MrxMvP
3
SPY THOUGHTSIt seems obvious now but SPY will be headed into this target area and possibly lower to find a bottom around $290. The monthly 50 EMA has proven to be consistent support but I believe we're on pace to break below it again for the first time since 2008-2010. After this summer's bullish correction, the market will be ready to make the real move into bear and recession territory. I expect the move into this zone to take place by early Oct or sooner. But as always Only Time Will Tell
AMEX:SPYShort
by MrxMvP
APHA Your MoveAphria has had a great run into 2021, but it seems to have switched momentum in the opposite direction since February. I'm sure the bad earnings didn't help it's case either. Worst case scenario, it falls to the next level of support around where the 200 EMA is currently. Best case scenario, it bounces off current support and makes a run back into its upward channel. I believe it has found a bottom at this support and the 100 day EMA and will bounce to fill the gap created today before it trades sideways. Only Time Will Tell.
A
by MrxMvP
2
Li Auto Why so sideways?Li Auto was looking very good to me, but now I'm not so sure. Typically, the textbook Bull Flag that it created would already have experienced a breakout. The elongated symmetrical triangle is also not sending any clear signals of which way it'll go. With volume low and earnings looming, we have seen LI find support and cool off. I still remain bullish behind the company. Expecting breakout in the coming weeks, especially behind good earnings. Only Time Will Tell. *NFA*
NASDAQ:LILong
by MrxMvP
13
DG: What Next?I expect this next week for Dollar General to be an overall green one, but with very little movement. DG has been struggling to maintain its price above the 200 MA, currently resting above it by a thin margin, and last week found resistance at the 50 MA, which ironically was at our $205 price target for last week. Worst case scenario, DG falls to test its proven support around ~$191~. Either way, I expect a retry to surpass the $205 mark in the coming weeks. Only time will tell. **NFA
NYSE:DG
by MrxMvP